Hi traders : Just analyze : The shape is not yet complete If you reach point 0.00272 and break it we buy it and sell at 0.00345 stop lose : 0.00148 ----------------------------------------------------------------------------------------------------------------- If wave 3 is complted , there will be little corection at wave 4 After the correction finishes and...
The MCO quickly formed an adjustable triangle pattern, and soon afterwards the price target (defined by the MSVD principle) was established. (note if you define the classic way did not complete the price target). At present there is no clear direction, however, there is a support level so it probably will not continue to go down.
MCOBTC LONG Above 219821 Tp at The RED line in the Chart
The price is going to bounce from the uptrend line. RSI will confirm price reversal, if we have a bullish candle. The downtrend line is a barrier for further upward movement. If the market can break it, we'll get a confirmation of upward movement. DMI shows that the market has power for moving upward. We can try to catch this movement placing buy orders above the...
Don't usually see this often, resistance will get broken hopefully.
MCO recently had a nice 20% + rise before settling into a holding pattern around .00215. Looking at the cloud and RSI levels, we should expect another healthy rise in the near future if the price breaks .0022 and gets above the kumo cloud. We may get another weak climb above the current pattern before re-testing resistance at .00255 and eventually .00283.
MCO buy zone reached while RSI 1d, 4h, 1h oversold.. strong buy IMO
Waiting for MCO/BTC jump till 0.00311 fib line. By looking at Directional Movement indicator we can see that DMI- is crossing with ADX, that means it will rise if it doesn't break support line.
MCO bounced on first support on 4h, bullish on Stoch rsi. Buy zone is 0.0026-28. I expect a bounce to 0.0035, then a pullback on the support.
2 to 3 days $MCOBTC prediction chart, or it may hit up to 6 days.. just #HODL and you'll see that $MCOBTC will be corrected soon.
MCO can go up again and target prediction