MCO/BTCMCO Breaking the resistance looks bullish. MCO haven't started recovery yet expecting nice run on it
targets are given
MCOBTC
Analytics MCO/BTCThe asset is over a year old, its idea is simple - issuing debit cards linked to cryptocurrency. Characteristic of the token is so that does not follow up the market, and rate fluctuates in its corridor. Despite low trading volumes, large buy orders appear. This apparently connected with the specifics of the cards themselves - their holders need to freeze a certain deposit nominated in the MCO for half a year. This case adds risks - the rate may be under pressure.
Since September 12, the token price has gone into a steady sideways trend. This indicates a strong upcoming movement as a rule. The asset is distinguished by strong levels of support and resistance, so the price fluctuates in zone of 0.000652 - 0.000682. A good entry point is in the area of 0.000619-0.000635.
Intraday movement is around 3-6% on low volumes, liquidity is low. Technical analysis says that the rate will move downward in the medium term. The growth potential is about 110%.
Observe carefully the volume and asset’s news after the new year.
Good time to invest in MCOHello fellow traders and investors. I want to share my view on MCO. Monaco is a company that is working on VISA card that will make crypto spendable in common life. Isn't that what everybody needs? Sure! Let’s wish them luck and see the 3 day chart. I draw trendline on a day chart and it fits perfectly to all the price spikes there, but my day chart is overloaded with SR lines so 3 day gives a better view.
This blue trendline begins in August 2017. Long long way down. And here we are, at the bottom. Bounced with some good volume and now accompanied by BTC growth this coin has a potential to reach great profits in mid-long term. In case BTC will grow fast, it may even take less than a month. The targets with most resistance are 840-890-950-1080. Short term target is 750. But ask yourself if you'll be ready to sell the coin that potentially will bring you another 45% and, if gets through 1080, the target is the MOON ))
Not a financial advice. I'm just sharing my point of view and my own trades as I bought MCO today and will be holding.
MCO next in line and possible 800% returnsHello Everyone,
Please find my trade on MCOBTC
MCOBTC price is in range for almost 9-10 months now which is very very long period in crypto as you know.
Range is 55000 SATs to 163k SATs.
Now, the cmp is 63000 SATs which is close to range bottom. So, my trade is
Entry : 63000 SATs, buy till 55000 SATs
sl : Below 55000 SATs
First target is 175% ie., 150k SATs, breaking the range, Price can fly upto 450k SATs.
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It is purely my trade, a continuous follow up is required for any trade. Kindly check your trades often and review it.
Post your questions/ review.
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#MCOBTC, #MCO, #mcobtc #bitcoin #BTC #btc
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.
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
If you draw enough descending wedges does it go up?Haha - I guess after you've lost a fuck ton of money you can expect the slot machine to spit back a couple singles so that you can keep justifying your gambling addiction.
#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
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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.