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MCOBTC

Bullish for the midterm/longterm...Looking at the weekly chart we can see a recurrent pattern(3 executions) from botton to top (500-1500sats).. I think we can be running a 4th iteration with a slower pace Notice the UCTS buy signal (STRONG SIGNAL) Also Volume is at really high lvls. Moving into 2D chart... Price crossing EMA200 which is a bullish signal, Both MACD & RSI rising with RSI near Overbought levels... Holding the ascending trend line is key to sustain the movement.. Buying here after a 60% run sounds risky but think about long term possibilities...
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by CryptoNTez
Crypto (MCOBTC) Profits Potential (270% to 620% PP)Crypto (MCOBTC) is moving positive and still has lots of potentials to grow more. Take a look at this chart, this is the weekly time frame, here you can see the profits potential to the last peak hit and also the all-time high for MCOBTC: We have an active trade for this altcoin which already generated over 80% profits, you can see it here: As for the chart today, we have: High volume breakout. Bullish MACD and RSI. There is room for additional profits, specially when looking at the weekly chart. Conditions for change: The charts for Crypto are looking really solid, even with a strong drop, MCOBTC will remain bullish as long as it trades above the green trendline. What's your take on MCOBTC? Hit like to show your support and share in the comments section below... Thanks a lot for reading. Namaste.
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by AlanSantana
1
There is a possibility for the beginning of an uptrend in MCOBTCTechnical analysis: . CRYPTO.COM/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 49. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000660 to 0.000600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000660) Ending of entry zone (0.000600) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000743 TP2= @ 0.000827 TP3= @ 0.000888 TP4= @ 0.001004 TP5= @ 0.001122 TP6= @ 0.001288 TP7= @ 0.001500 TP8= @ 0.001710 TP9= Free
MLong
by ForecastCity
5
MCO-BTC Long Trade PlanCommodity : CRYPTO.COM Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1 Week Investment in trade : 5% of the total Trading Balance. Prospective Profit : 7% to 25% Prospective Loss : 5% RRR : SL to TP1 is 1.34, SL to TP2 is 2.26, SL to TP3 is 3.06 and SL to TP4 is 4.83 Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
MLong
by CryptoTherapist
There is a possibility for the beginning of an uptrend in MCOBTCTechnical analysis: . CRYPTO.COM/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 73. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000660 to 0.000600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000660) Ending of entry zone (0.000600) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000743 TP2= @ 0.000827 TP3= @ 0.000888 TP4= @ 0.001004 TP5= @ 0.001122 TP6= @ 0.001288 TP7= @ 0.001500 TP8= @ 0.001710 TP9= Free
MLong
by ForecastCity
2
Release your bagsI've been holding MCO for long time because I've made a mistake and my SL wasn't triggered. And as we all know - the trader who doesn't follow the rules become investor =) In any case, that is the reason I watch MCO and now I see it has possible move up for at least 10-12% profit. Just need BTC to bounce of current channel lower borders at ~3740. Buy zone around 600. Last resistance is at ~625 area. After the price will easily go up to 670-680. There will be next resistance wall. Will it break it or not, too early to say.
MLong
by WiseAnalyze
1
MCOBTC - Great Possible Entry - Inverse H&SHey guys, MCO seems to be forming a triangle pattern right now. I personally think think it will exit out of the triangle upwards, as opposed to downwards. Cryptocom typically release major news when the market conditions are favorable, and right now, it seems favorable. It the announcement of MCO Visa Card getting the green light for operations in the US (medium.com) was made on the 16th of November 2018. That's 7 weeks ago. Then on the 19th of December they started accepting address details for US customers (twitter.com). That was 2 weeks ago. The time it took from the announcement of the acceptance of address details for Singapore residents to cards shipping in Singapore was around 7 weeks. This time round, it could be faster, as now they have more experience with the process and have far fewer hurdles. With the TA side of things, we can see the 7-day EMA (aqua colored line) and 77-day EMA (lime colored line) about to possibly converge, plus plenty of upward space for MCO to move, and if this ends up happening, then that would indeed be bullish. Also, there appears a double bottom, and a wacky looking inverse head and shoulders. If it breaks the neckline, then we can expect 0.00075. BTC right now appears bullish. It's forming an inverse head and shoulders, with the right shoulder almost completed and close to clearing some major MA's and resistances. - Be sure to sign up to the MCO app using the referral code P195VO5VKA , to score some free bonus sign-up money ($40 USD worth of MCO ). Remember, patience is paramount! Good luck!
MLong
by PatienceIsParamount
7
MCOBTC - Head and ShouldersHey guys, MCO seems to be forming a head and shoulders pattern, and looks poised to go down to around 0.000577 due to it's decreasing volume. Also, BTCUSD looks like it's about to experience a big drop within the next day or so, bringing altcoins down with it. Be sure to sign up to the MCO app using the referral code P195VO5VKA , to score some free bonus sign-up money ($40 USD worth of MCO). Remember, patience is paramount! Good luck!
MShort
by PatienceIsParamount
2
MCOBTC - Great Time to BuyHey guys, If MCO manages to breakout of that green trend-line, then that's definitely a buy signal in my sight. Also, we got the EMA (7, 231) on the verge of crossing. Crypto.com typically release news on favorable bullish market conditions like this, so I expect some news to be released this week that will act as a catalyst for the upcoming bullish price action. It might be the release of MCO Credit, which was announced many months ago, but has still not been released in the MCO app yet. Be sure to sign up to the MCO app using the referral code P195VO5VKA , to score some free bonus sign-up money. Remember, patience is paramount! Good luck!
MLong
by PatienceIsParamount
3