💎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...
💎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...
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 -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...
There are still that gap to be filled on the lower end, so i can see either a $6.30 -> $6.60 and $6.70 -> $7.10 as bullish scenario and a $4.93 -> $4.55 and $4.49 -> $4.00 on the bearish side of it THIS CHARTING IS NOT TIME SENSITIVE!
I 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.
Potential reversal or buying zone: $4.1271 to $3.3839 (the max extent of prz should be used as stop loss) Fibonacci projection or sell zone: $4.4807 to $5.6408 Regards, Atif Akbar (moon333)
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 -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
Will #MCO rise towards $10? It is another very risky coin. #crypto I am using my super algorithm indicator for determining the direction.
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...
$CRO is coming into correction. overbought and showing signs of resistance
Ascending scallops bullish continuation Nice buy into the scallop Here are some results for the ascending scallop This chart is a long timeframe scallop results should be observed as the bullish break. Cool project
MCO looks like its struggling to stay in the recent channel
Comparison fractal of MCOBTC to USDOLLAR, very strange to see this correlation across such different pairs. Any thoughts? leave them below :) It can be seen that an ascending scallop led to a bullish breakout in both.
I got my eye on MCOBTC (Crypto.com) at the moment for some very bullish signals coming our way. Looking at the daily chart, we can see the coveted Golden Cross occurred back in November as the MA50 crossed the MA200. Since then, the price action has been riding the MA50 for support all the way to resistance. If we can get some volume and push beyond those...
More to come. Entry now will be a form of gamble as MCOUSD continues to show downside trend within the resistance band. MCOUSD is holding strong to 50 SMA but a break below this will means the next strong resistance line will be tested. Wait a little more before entry will be a more rationale position