MC/BTC - Merit Circle: Trend_Reversal◳◱ An intriguing development has unfolded on the EURONEXT:MC / CRYPTOCAP:BTC chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.00001668 | 0.00001839 | 0.00002246 and the significant support levels found at 0.00001261 | 0.00001025 | 0.00000618. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 0.00001478, allowing us to take advantage of the projected trend continuation.
Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies.
◰◲ General info :
▣ Name: Merit Circle
▣ Rank: 142
▣ Exchanges: Binance, Hitbtc
▣ Category/Sector: Financial - Gaming
▣ Overview: Merit Circle is a decentralized autonomous organization (DAO) focused on increasing accessibility and participation in the play-to-earn gaming industry by providing educational opportunities and 'scholarships' (in-game assets on loan) to people from around the world. In addition to profit-sharing with 'scholars', Merit Circle grows its treasury by holding various assets (i.e., game-related NFTs) and early-stage financial investments in Play-to-Earn games. Merit Circle's token ( EURONEXT:MC ) is used to govern the Merit Circle DAO and serve as an index for the Play-to-Earn industry.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001478 ₿
▣ 24HVol: 20.964 ₿
▣ 24H Chng: 0.0%
▣ 7-Days Chng: 39.46%
▣ 1-Month Chng: 44.59%
▣ 3-Months Chng: 152.39%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001668 | 0.00001839 | 0.00002246
◢ Support: 0.00001261 | 0.00001025 | 0.00000618
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 2.94
▣ Last 90D: 3.07
▣ Last 1-Y: 0.25
▣ Last 3-Y: -0.05
◲◰ Volatility :
▣ Last 30D: 1.13
▣ Last 90D: 1.47
▣ Last 1-Y: 1.09
▣ Last 3-Y: 1.50
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.72 - Bullish
▣ In-depth MCBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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Mcbtclong
Merit Circle (MC) formed a bullish BAT for upto 18.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Merit Circle (MC) with US Dollar pair.
Our last successful trade of ICP was as below:
Now on a 4-hr time frame, MC has formed a bullish BAT pattern for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Merit Circle (MC) formed a bullish BAT for upto 40.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Merit Circle (MC) with US Dollar pair.
Previously we caught almost 53% pump of MC as below::
Now on a daily time frame, MC has formed a bullish BAT move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
$MC/#BTC [#Merit Circle]: Trend_ReversalWe've identified a Trend Reversal on the $MC/$BTC chart. The trend of the price has reversed, indicating a potential trend change. The next resistance levels are located at 0.00001901 | 0.00002197 | 0.00002745, while the main support levels can be found at 0.00001353 | 0.00001101 | 0.00000553. It may be wise to consider buying at the current price of 0.00001612 and benefit from the trend continuation.
- Technical Metrics:
-- Current price: 0.00001612
-- 24H Volume: 13.1236 Ƀ
-- 24H Price change: 7.324%
- Pivot Points - Levels:
-- Resistance: 0.00001901 | 0.00002197 | 0.00002745
-- Support: 0.00001353 | 0.00001101 | 0.00000553
- Indicators recommandation:
-- Oscillators: NEUTRAL w/: 1 BUY - 2 SELL and 8 NEUTRAL
-- Moving Averages: STRONG_BUY w/: 11 BUY - 3 SELL and 1 NEUTRAL
--> Summary: BUY w/: 12 Total Buy - 5 Total Sell and 9 Total Neutral