MCO/BTC 2D (Binance) Ascending channel & TL facing support
Updated
Monaco (renamed MCO only) is one of the two tokens owned by Crypto.com (the other is CRO) and they just started shipping VISA card to Europe.
So fundamentals are strong, USA is already using it for almost a year now and feedback is great. Here goes the benefit list:
Staking 50 MCO get you the card with 2% cashback instead of 1% and Spotify reimbursed.
Staking 500 MCO get you 3% cashback and +2% annual in every Earn placement (BTC +6.5% instead of 4.5% for example) and Netflix reimbursed.
Staking 5000 MCO get you 4% cashback and +4% in Earn (so BTC gives you +8.5% APR) and more.
For further information, you can visit their website, download and start using the app.
Now about the technical part, price is facing strong supports right now and will probably bounce on trend-line.
I see it rising up to the mid-line of parallel channel and maybe towards the upper-line if we're lucky enough!
Buy Entry= 0.0005726 - 0.0005576
Take Profit= 0.0006465 | 0.0007275 | 0.0008496
Stop Loss= 0.0004837
Risk/Reward= 1:1 | 1:2 | 1:3
Expected Profit= 14.40% | 28.74% | 50.35%
Possible Loss= -14.40%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
So fundamentals are strong, USA is already using it for almost a year now and feedback is great. Here goes the benefit list:
Staking 50 MCO get you the card with 2% cashback instead of 1% and Spotify reimbursed.
Staking 500 MCO get you 3% cashback and +2% annual in every Earn placement (BTC +6.5% instead of 4.5% for example) and Netflix reimbursed.
Staking 5000 MCO get you 4% cashback and +4% in Earn (so BTC gives you +8.5% APR) and more.
For further information, you can visit their website, download and start using the app.
Now about the technical part, price is facing strong supports right now and will probably bounce on trend-line.
I see it rising up to the mid-line of parallel channel and maybe towards the upper-line if we're lucky enough!
Buy Entry= 0.0005726 - 0.0005576
Take Profit= 0.0006465 | 0.0007275 | 0.0008496
Stop Loss= 0.0004837
Risk/Reward= 1:1 | 1:2 | 1:3
Expected Profit= 14.40% | 28.74% | 50.35%
Possible Loss= -14.40%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Trade active
2/3 entries filled.Don't miss out on this one guys, they just announced VISA card for Canada and readjusted minimum for Earning!
Send me a DM to get my referral ID for a 50 USD bonus each.
Note
Trade going well, already +6.54%, keep climbing buddy!By the way, here goes my ref for crypto.com: 34cexc2rt4
Note
Went 9% up and down back to entry, if you missed it, it's not too late to catch the train!Note
Support broke down and original SL would have been reached.But I put a farther one on Prediction Coins, targets are still the same, here goes what was updated:
Stop Loss= 0.0004355
Risk/Reward= 1:0.63 | 1:1.25 | 1:2.2
Possible Loss= -22.93%
Estimated Gain-time= 1800h
If you don't like it you can personalize the PCbot signal as you wish or get out now at Current Price = 0.0004744.
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