# MC/USDT LONG TERM GEM COIN Welcome to this quick MC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to our MC/USDT daily update.
As we can see in the above mention chart that MC/USDT was trading inside the triangle pattern and broke the upper trend line and bounced right from the yellow MA.
In the current scenario, MC/USDT showing some correction and one again moving down to retest the yellow ma which is working as strong support.
If it comes down then it will be the best area to accumulate or buy this gem on spot to hold for the long term like 2 - 3 months.
If it moves in the right direction then we will be able to see 200% to 250% potential rally on spot.
entry:-$2.15,$2.30
target:-200% to 250%
stop-loss:-$1.90
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
MCOBTC
MCO/BTC (New ATL)💎Technical Analysis Summary💎
BITTREX: MCOBTC
-MCO closes the weekly candle below the major support area
-It also created a new All Time Low price
-With the Bearish engulfing candle
-It is a high risk buying this coin without any sign of strength
-The price could go deeper and catching a falling knife is dangerous
-Please don't invest or trade blindly
A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
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MCO/BTC (Retest Key Level of Support)💎Technical Analysis Summary💎
BINANCE: MCOBTC
-MCO rejected strong at 5000s sat area
-The price is on a downtrend heading to the key level of support
-The 3500s sat area would be an opportunity for the Bulls
-If the can defend that region in the coming weeks
-If you are looking for a safer trading entry
-Wait until the midterm trendline resistance is broken upward
-This will increase the chances of a reversal
-The price target is up to 5100s sat or higher
A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
Mco-btc long orderWill be playing this Mco-btc box, would be great to maintain a lower high in the construction!
MCO - Ready to take flight!MCO has broken out of its descending channel and is on its way up. Bullish price action, bullish MACD, and the price has cleared a clear resistance level. I'm long here.
MCO/BTC (Test the 200D MA Resistance?)MCO/BTC
-MCO found support at previous resistance zone last August 2019 trading action
-The 3500 sat zone is now confirmed as a strong key level of support
-A massive pump happened and broke the trendline resistance
-Currently, the price is holding above the previous support area
-This is a sign of strength after the strong breakout
-What MCO needs to do is to break the local resistance around 5000 sat level
-If that happens, the chances of testing the 200D MA dynamic resistance is high
-This is momentum trade setup so please use proper stop loss or tight SL
CRO USDT D AnalysisIf Long Term Resistance Line cannot be broken we can see a strong pullback in the coming future with Stoch RSI and other Indicators at the peak of Oversold Level. Yellow Drawing is to show Mild Pullback towards Fibonacci Middle Band Support Line ranging around $0.1 USD and the Major Pullback from Orange Drawing @0.052 USD will be at a crucial support line to remain a strong Bullish Trend and will have a reversal of trend if broken. At the point of writing CRYPTO.COM has just announced the major Token Swap for MCO to CRO for a period of 91 days from now. This plays a huge role on the outcome of CRO performance at the same time being that they will merge MCO functionality into CRO as One Native Token for their platform.
GREAT TIME TO GET CRYPTO.COM CARD OR UPGRADEI personally own jade green and it works perfectly, looks like $MCO finally found a bottom. Good time to upgrade your current card or get one. Best crypto card on the market with great benefits.
MCOBTC reaching the thin end of the wedge?After a long downtrend, people could be paying more to upgrade their MCO cards soon.
MCOBTC formed bullish Cypher | Upto 73% move expectedPotential reversal or buying zone: 0.0004707 to 0.0003927 btc (this should be also stop loss)
Fibonacci projection or sell zone : 0.0005325 to 0.0006804 btc
Regards,
Atif Akbar (moon333)
MCO/BTC (Last Fib Support)MCO/BTC
-the price is slow approaching the last fib support level
-including the minor consolidation last Oct 2019 trading history
-I advise you to enter a buy position only if there is Bullish strength
-but if this level breaks like a hot knife through butter
-we will likely see a revisit of the low at 3000 sat range
-and potentially form a double bottom reversal
MCO/BTC (Major Support Failed)MCO/BTC
-broke the major support zone at 4700
-the next strong area of confluence is at 3600-3400
-I'll be looking for good re-entry if we get there
MCO/BTC could see a nice bounce to the upside (LONG)Reasons why MCO/BTC could go up:
- RSI oversold
- Every time the RSI was oversold there was a minimum 10% bounce to the upside so it will likely happen again
- The price is on a key support area so there is a good risk/reward ratio because stop-loss can be set just under the support level
Let me know your feedback!
thank you.
Tic... Tic... BOOOOMMOOOOOON TIMEEEEE!!!!!!! LONG LONG LONG!!! THE FUTURE OF PAYPAL!!! THE FUTURE OF CRYPTO!!!!! THIS IS ABOUT TO BLAST!!!!!
MCO vs BTC could be doing well in the following hours / days#MCO / BTC ( Binance, OKEx, Bittrex )
Buy Range : 0.0005534
Stop Loss : 4h close below 0.0005498
Target 1 : 0.00059585
Target 2 : 0.00069285
- Price action trying to build some kind of support in this zone.
- Bullish divergence spotted
- Great Risk / Reward. Very TIGHT stop loss ( remember use closed candles for confirmation )
- More trades and updates in my private channel
Will #MCO rise towards $10? Will #MCO rise towards $10? It is another very risky coin. #crypto
I am using my super algorithm indicator for determining the direction.
Yo No La Paro $MCO #MCO @cryptocom
Weekly
Looking at our highest timeframe we can see MCO continues to respect its uptrend starting in 2019. Stochastic RSI showing momentum is in favor of the bulls with no signs of slowing down. The last 6 weeks have left price in a tight zone, struggling to close above $5.55 and below $5.10. Starting on the week of March 16 we also see a minor uptrend that leads to an ascending triangle, leaving us with the impression we will be breaking out.
Daily
Shifting over to our pattern timeframe we get a better look at our triangle pattern, stochastic rsi showing momentum was in favor of the bears before bottoming out. Price needs to close above $5.55 to reach our next target at $6.40, rejection from this level, and expect a sell-off to $4.58. The fundamentals behind this project have me convinced this project will be here for a while. A daily close above $5.55 activates our trade, rejection from this level, and we sell-off.
MCO/BTC 2D (Binance) Ascending channel & TL facing supportMonaco (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