Monaco (MCOBTC) On The Move (Good Potential)Monaco (MCOBTC) is on the move. There is really good potential for this altcoin.
Here is the weekly chart:
- Volume building up... needs more.
- RSI looking good.
- MACD still needs work.
- Bounced from strong support.
- Good for long term.
Note: This is not a trade advice.
If you found this post useful, feel free to hit "like".
Thanks a lot for reading.
Namaste.
MCO
Monaco Retest BottomMCO Almost Ready for a buy.
Entrance around 600Sats would be perfect choice.
Happy Tr4Ding !
MCO - BREAKOUT MCO has just broken the downtrend line for the first time since its last high in July. 200 EMA on the 1h was providing resistance but was temporarily broken whilst I have been typing this up. RSI hitting resistance, MACD crossed bull.
Zooming out to the 1d timeframe we have just touched historic support at around 0.00062 creating a double bottom with the next support at 0.00052. RSI has bottomed out and MACD has also crossed bull on the 1d timeframe.
Heres a look at historic support-
We also have a couple of great fundamentals coming up for MCO, the auto invest feature for their app is in closed beta testing and the card is in its final stages and is speculated to be released directly after the auto invest feature, if not at the same time.
MCO have also recently just cut their fees when purchasing crypto on their app, posting a photo on their twitter comparing them to coinbase and being much cheaper, I think this says a lot about their vision for crypto.com and MCO, they will not only be releasing a strong card, but will be looking to create a mainstream, easy to use crypto exchange app, where crypto can be purchased by anyone, anywhere in the world.
If you know our channel, you know we are huge fans of MCO and we have been buying it up at every dip and wont be trading it, but using this as more of a long term investment, but for those day traders out there here are some nice short term targets which should be achieved within a month or so, no problems.
MCO
BUY: 0.00068/0.00062
SELL:
0.00069
0.00076
0.00088
0.00097
0.00123
STOP LOSS:
0.0005
#MCO #MONACO NICE SET UP ( #Bittrex #Binance #Coinbase )#Monaco #MCO getting really interesting here. Great time to get some #MCO bag;)
The MCO in turn on growth, perhaps at 800%The price of MCOBTC is in the channel (0.00055 - 0.0015) almost 9-10 months, which as you know is a very long time
Now the price is 65000 SAT, which is close to the lower border of the trading channel
So, my deal
Entry: 65000 SAT, can buy on dips up to 55000 SAT
Sl: below 55000 SAT
The first target is 173% i.e. 150 thousand SAT. When breaking through the upper border of the trading channel, the price can rise to 450 thousand SAT
I want to tell you about a service that expands trading opportunities. 3commas (3commas.io) is a service that is a platform for traders with various tools that help to trade more effectively. For example, you can simultaneously set stop loss and take profit
When registering, you will have 3 days of professional fare (free of charge)
BULLISH ALERT: MCO (Monaco BTC) + 4 IndicatorsBullish Chart for BINANCE:MCOBTC
> Typically loves to run hard.
> Exited a down channel
> Bounced off key trend line where major runs have happened in the past
> Bullish: RSI, Stoch, MFI, Aroon Osc, SAR, MACD & ADX
> Strong daily volume of $7.5 mil
> Early Entry VIP Trade Up 6% With Plenty of Room to Grow
MCO Tests Trend LineOn August 13 we broke through major support (dotted green line) which triggered a large selloff. August 15th and 16th attempted a break of the long-term trend line (solid green line) much sooner than my prediction, however the price bounced back to the upside off that support. The price is currently testing support levels from mid June. RSI appears to be oversold however momentum could still be to the downside and there is a chance we could retest the long-term trend line.
If you are a strong believer in MCO it appears this is a potentially good price to be long. I am personally going to wait for confirmation of either a double bottom or a daily green Heikin Ashi candle before entering a long position.
This analysis is for education purposes only.
Good luck.
MCO #ShorTermTrade ChallengeMCO
BUY in (715-730)
STOP LOSS: 695
Targets
1) 760 (Short Term)
2) 850
3) 950
4) 1080
Monaco maybe the only way... Monaco Project, MCO/BTC (BITTREX)With the dead market we have now, we can not see much trade opportunities except maybe some however Monaco has been falling since 07/05/2018 and just recent yesterday it spike from 0.0078 to 0.0092 area and now retrace to 0.0086 BTC so we usually see this type of action in the market when the coin fins its bottom and we know that Monaco is one of those coins which have great supporting community and usually spikes to peaks when it starts its bull run. So Monaco can be one trade where we can earn in mid/long term trade due to the market being dead and having fomo will be really hard at these times.
Good Luck, traders! #moon #mooncommunity
Another Push for MCO?Looking for MCO to return to the resistance line in red. As the Monaco Cards are released this year (assuming they're successful) I'm expecting the price to break some previous resistance levels.
MONACO FALLING WEDGE REVERSAL!! Hello guys,
This is another opportunity, Monaco has been forming a falling wedge reversal which can take us up 0.0016 BTC so that is 60 % profit potential and I think with the bulls we have in the market now that is quite a like breakout to have. We have Stoch oversold bullish, bullish divergence on Elliot Wave Oscillator, MACD higher lows bullish signal and the pattern is also bullish so we just wait and buy on the signal. However now seems exactly the time to buy I think as we have two stron supports which have been tested 0.000895-886.
Below I have other trade opportunity linked and the name of my website, thank you.
Good Luck, Traders! #moon #mooncommunity
MCO Overview for Q3/Q4 - MCOBTCHello guys!
This is what I think will play out for MCO during August-September.
BTC just had it's rally towards $8,500, and it now looks to be correcting itself back down to the 200-day MA on the hourly chart, which looks to be around 7700-7900. This should take down alts as well. Once BTC reaches that 200-day MA level and rebounds, alts should pick up steam and rise again. Also, this minor correction for BTC seems to look like a handle formation for a much larger cup and handle formation that spans 3 months back, and should take us straight to 10K - if everything goes fine.
MCO seems to be in a descending wedge right now. From experience, I've found that breakouts out of descending wedges seem to occur on the fifth correction wave. Also, a major trend line (white line) seems to be approaching closely, which it looks to touch down upon in the next few days.
Anyways, let's see how this plays out...
good luck and remember,
Patience is paramount!
MCO/BTC Price + Bull AnalysisMCO/BTC seems to be trapped in a short bear run on 1D charts.
So far, bulls have not been able to push through and move the chart upwards, meaning if the price follows this expected trend (pink top and bottom lines), there should be a bullish reversal on August 8th at around 0.000700BTC.
Fibonnaci Retracement is worse, with a reversal/low around 0.000591BTC.
RSI(14, close) looks to be in a zigzag pattern, although most likely not for long with bulls and bears.
Speaking of the bulls/bears, bull pumps are likely to happen in greatly increasing numbers around and below the 0.000900BTC range. This means that an early bullish breakout is more likely to happen if the price drops below that point.
MONACO / BTC ON BRIGHTER PATH IN AUGUST - CryptoManiac101Wait for solid breakout for short term buy in.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
MONACO CUP AND HANDLE!Monaco has given its price signal by the breakout it made yesterday, and we can see a lot of indicators such as EMA 20 crossing EMA 200 in 1h time frame and also it has been on a falling wedge reversal and with this signal we have the confirmation of it making the cup. So we are hading to 0.0014 price level from there we should be making the handle and after that we should see if its going to be the blue pill or the red pill depending on where the market is. And now is the best time to buy as the we have retraced from the signal and we have 1h stoch at oversol and demarker showing reduction in demand since the signal. And we have been seeing big red Elliot waves before and for a decent amount of time and now the market is going green again with the Elliot waves so now it is buy buy buy!!
Target for this trade: 0.0014-15 BTC.
Good Luck, traders!
If you want to learn or get advice on trades and receive trading advices please visit my website and subscribe now as this is going to be more than trading consultancy and you would not like to miss out. moon.com
Monaco VS Bitcoin Upcoming Wave UpFollowing our previous idea on MCO/BTC, Monaco coin broke above the upside target, suggesting further growth. At the same time, during this weekend price rejected the 38.2% Fibonacci support, that is btc 0.001. Along with the Fibs, price rejected the 200 Moving Average and the upper trendline of the extended descending channel.
This makes the btc 0.001 level a key support for Monaco. If price stays above the support, MCO is likely to continue the uptrend with the next upside target at 161.8% Fibonacci retracement level appied to the current corrective wave down. This is a btc 0.0019 level, which if reached, should result in almost 100% growth against the Bitcoin in the medium term.
Break above the upside target at btc 0.0019 will most likely confirm the long term uptrend and could send price to the new all-time high.
But if Monaco will close below the btc 0.00098, the consolidation or even downtrend continuation might be the case. Although at this stage it seems like unlikely scenario.
Monaco VS Bitcoin, How Far Down?On the 26th of June, Monaco coin has formed a strong bottom at 75k satoshis, after which price started to move up, resulting in a healthy 105% gain over the Bitcoin. MCO/BTC has reached the 154k satoshis high, after which a sharp correction down has begun.
The question is; how far Monaco would correct down, and whether it is only a correction or a trend reversal? On a shorter timeframe it does look like a downtrend, although on the medium timeframe it still looks like a correctional move down.
Price is very close to the strong phsycological support, that is 100k satoshis level, and at the same time this is 61.8% Fibonacci retracement. Considering the fact that MCO broke below the lower trendline of the extended descending channel, price yet to move lower to hit 100k satoshis. At this stage consolidation could take place, but if the support is broken, the downtrend should continue towards 76.4% Fibs at 90k satoshis.
But, if the support will hold, Monaco could start a very strong uprisal, which could push price above the 155k level. On the doenside, if the 90k support will be broken, the downtrend might continue, where MCO will decline to 75k satoshis support.
OMG - Dual correctionOMG - Dual correction
Hello
The OMG has perfected the first wave in its revised wave reduction series.
In addition, with the creation of the wave sequence and the double correction, the OMG has built up the regression-burst region.
The target of 5 wave regression to reach the target price from 9 to 10 USD
However, with this complex correction, I advise you to sell early, should not hold because it has a very deep and strong wave in the near future, expected to reach the point of buying approximately 1-2 USD
Thank you for your interest, wish you a great day, like and share it for free!
Monaco (MCO) Trading Within Ascending ChannelMonaco (MCO) is now trading within a steep ascending channel.
Looking at the weekly chart, it seems that Monaco will have a positive week ahead.
We have many bullish signals coming out of this chart above, with the EMA lines crossing up, bullish MACD, STOCH and RSI. Strong green candles and more.
More bull action is coming for this coin.
Note: This is not a trade advice.
Thanks a lot for reading.
Please check/click on my "Related ideas" at the bottom of this post for more trades.
LIKE, SHARE, COMMENT & FOLLOW...
Namaste.