Hey! It was a hard month for holders of Monaco, but I think that next week there will be a lot of positive news, which will positively affect the price of MCO. --- Technically, everything looks good. Quite a strong bullish divergence from the price and the RSI indicator. Not too strong a falling wedge was successfully punched by a large buy volume. But, the...
There will be news within 2-7 days. Monaco should rise afterwards, the reason I think so is because Kris has not bothered so safe Monaco by spreading news Monaco will be fine. He is calm and knows when to bring out news about MCO. Therefore, I have a good feeling about good news coming up followed by a fast rise. Buy margins between 0.001450-0.0016, profit...
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.
In chart-terms we found quiet strong support, if it holds, what it probally will, we will see a steady up-trend in the next months. Once they roll out the cards and release "the so far unreleased product-fetuares" we will see a massive upside im my opinion. SO: Buy the Rumors (NOW) and sell the news (may in 6 month/according to your trading-plan)
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.
Monaco (MCO) buying opportunity. It passed two support levels and 0.00247564 would be a safe entrypoint. Disclaimer The information is not intended as and does not constitute investment advice to any person. The information here should not be construed as any endorsement, recommendation or sponsorship of any company or crypto. There are inherent risks in...
MCO can go up again and target prediction
Monaco is currently in a pinch. If it stays above the support uptrend slope, then we could see a bottom reversal in the coming days. When the bottom reversal happens, you can buy and wait for it to retest all time high. If it goes down, we could see it dropping to the support levels indicated in the charts above. Wait until the drop stops before buying.