Monaco has been in an uptrend and is currently in a rising wedge pattern, which is technically speaking a bearish pattern...
But when the news is good enough this market doesn't care about technicals at all!
And the news is looking fantastic for Monaco - MCO are the leader in the crypto debit card arena and have been running laps around TENX's slow release schedule...
It's no surprise either, MCO's founder has previously built a $100 million dollar + company and has all the experience it takes to build a giant payments business,
while TENX's leader is behind schedule on everything but somehow managed to find the time to write a book and is giving away signed copies of it on Twitter at the moment... (Put the first thing first perhaps?)
Anyway, on the 14th of December MCO are releasing a new credit card and they'll be getting listing in 4 new exchanges!
The amount of volume that will be able to be pumped into Monaco on that day with it entering into 4 new exchanges could be crazy.
I expect it to smash out of the rising wedge it's in and head to at least target 2. Target 3 and the "Psycho Target" are all very much in play and all depend on which exchanges it gets listed on,
and how much new volume they can bring to the table... Enter now or if you want to be a bit more conservative on breakout of rising wedge for a a nice 30-50%+ Profit in a day or two.
But when the news is good enough this market doesn't care about technicals at all!
And the news is looking fantastic for Monaco - MCO are the leader in the crypto debit card arena and have been running laps around TENX's slow release schedule...
It's no surprise either, MCO's founder has previously built a $100 million dollar + company and has all the experience it takes to build a giant payments business,
while TENX's leader is behind schedule on everything but somehow managed to find the time to write a book and is giving away signed copies of it on Twitter at the moment... (Put the first thing first perhaps?)
Anyway, on the 14th of December MCO are releasing a new credit card and they'll be getting listing in 4 new exchanges!
The amount of volume that will be able to be pumped into Monaco on that day with it entering into 4 new exchanges could be crazy.
I expect it to smash out of the rising wedge it's in and head to at least target 2. Target 3 and the "Psycho Target" are all very much in play and all depend on which exchanges it gets listed on,
and how much new volume they can bring to the table... Enter now or if you want to be a bit more conservative on breakout of rising wedge for a a nice 30-50%+ Profit in a day or two.