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Monaco

There is a possibility for the beginning of an uptrend in MCOETHTechnical analysis: . MONACO/ETHEREUM 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 56. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.018500 to 0.015200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.018500) Ending of entry zone (0.015200) 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= @ 0.021430 TP2= @ 0.024520 TP3= @ 0.029900 TP4= @ 0.036750 TP5= @ 0.043570 TP6= @ 0.065670 TP7= Free
MLong
by ForecastCity
There is a possibility for the beginning of an uptrend in MCOETHTechnical analysis: . MONACO/ETHEREUM 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 56. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.018500 to 0.015200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.018500) Ending of entry zone (0.015200) 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= @ 0.021430 TP2= @ 0.024520 TP3= @ 0.029900 TP4= @ 0.036750 TP5= @ 0.043570 TP6= @ 0.065670 TP7= Free
MLong
by ForecastCity
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.
MLong
by GoldenMean
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
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by farhadjafarov7
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
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by farhadjafarov7
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!
MLong
by PatienceIsParamount
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.
MShort
by CwazyStomper
2
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
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by farhadjafarov7
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.
MLong
by CryptoPAMM
4
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.
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by CryptoPAMM
7
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.
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by AlanSantana
11
Monaco BreakoutMonaco breaks its trend and confirms a reversal trend and in an uptrend elliotts wave. RSI is showing a positive output and the uptrend already breaks the first strong resistance at 23.6% fib level. Buy Zone : 124000 sats - 132200 sats Possible Short Term Targets : Target 1 : 117800 sats Target 2 : 143800 sats Target 3 : 164900 sats Target 4 : 185900 sats Target 5 : 215800 sats Target 6 : 215800 sats Good Luck. Legal disclaimer: Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
MLong
by cryptotalk_et