Mona has really fallen off after its last big spike and is looking for another. Mona is a solid coin and has a good future so I think we can only go up from the bottom. We are going to aim for conservative targets but if Mona comes out with any notable news or is able to repeat a big push we may see a +200% increase.
Like almost all of my trades, this one may take a couple days to start playing out. Also, not all targets are always hit, they serve as a reference while the trade plays out. Take profits and sell off for the price that is comfortable for you, we are all in different places in investing. I prefer to take safer trades that almost always guarantee profit and using patience instead of trying to catch a higher risk coin that may tank.
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Looks like our trades and the market are starting to even back out. Look forward to updates.
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Targets:
(1) .00066 (25%) < Target hit > (2) .00078 (47%) (3) .00090 (70%) (4) .00117 (120%) (All time high)
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Trade active. BTC delayed this push a little but MONA should still perform. I think this is the low point in relation to the last spike so should be only headed up from here.
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Market is dragging trade out still. I am holding still and believe this coin will still perform.
MONAUSDlooks like its following BTCUSD closely. Do you think we will see MONAUSD to push higher quicker than BTCUSD? Otherwise the ratio may not move much.
lamppole
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@oits19, Good question, I think that MONA will have a breakout in the near future. Once BTC finds out where it's going to go it will open up the opportunity for MONAs breakout. I don't see MONAUSD having the big breakout overpowering BTCUSD in the longer scheme of things though, at least until the market gets comfortable again.
oits19
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@lamppole, I agree with BTC finding some sort of stability. Too much FUD with china and south korea right now so who knows how long, but hopefully we see something soon.
lamppole
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MONA showing good signs! You can't really go wrong in such a buyers market but with Mona expected to jump before the crash maybe we can get the pump we wanted!