SUMMARY
MONA Coin (MONA/USD) surged and corrected into a,b,c and not impulsed five waves up. So, another a,b,c correction is needed. Mona can still rise higher towards $6.50 or so. The expected a,b,c could provide the handle formation of a Cup & Handle pattern drawn out. Then impulse should take it to $9.01 or higher.
The MONA/BTC pair is as bullish but as usual, a bit behind the MONA/USD pair. Check out the Cup & Handle pattern! Impulse should take it to 0.00141 BTC or higher! Note that MONA/BTC is not in same time graph as MONA/USD so it's target is much higher. The USD target would be about equivalent.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**