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CryptoTrader030

MCO/BTC could see a nice bounce to the upside (LONG)

Long
CryptoTrader030  
BINANCE:MCOBTC   None
Trend Analysis Chart Patterns Technical Indicators MCOBTC altcoins altcoin Cryptocurrency cryptotrading
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trendanalysis chartpattern indicator mcobtc altcoins altcoin cryptocurrency cryptotrading
Reasons why MCO/BTC could go up:
- RSI oversold
- Every time the RSI was oversold there was a minimum 10% bounce to the upside so it will likely happen again
- The price is on a key support area so there is a good risk/reward ratio because stop-loss can be set just under the support level

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