Based on the 4H chart of Monaco, we can see that the price bounces from the support zone. This zone is formed by Simple Moving Average with period 50 and 0.003500 support level. MACD histogram and RSI confirm price reversal. DMI shows trend market conditions and allows opening long trades. It's a buy signal. Pending orders should be placed above the high of the...
MCO Bear Trend Reversal to Bull. 3rd Skyrocket lining up with the announcement of their card partnered with Visa. If MCO dips below .0032 BTC the bear will continue. Look for buy within the next day or two after it has crossed the cloud.
After the previous ATH a 48hour or so downtrend begun. However, since then a double bottom ('W' bottom) has formed and a downtrend trendline breakout then followed. Previous heavy resistance has become the current heavy support. Moon suits on.
After the previous ATH there has been a 48 hour or so downtrend. However, that trendline was recently broken after a double bottom was formed. A bull flag now seems to be forming. Let's do this.
Nice entry point right after bounce 2 retracements as support Stoch RSI suggests bull continuation Still bullish trend Buy order : 410 Target 1 : 447 (+9%) Target 2 : 480 (+17%) Stop Loss: 397.7 (-3%) Readjust Stop Loss under targets when targets are reached to secure profits
A couple indicators show a possible change in trend, upwards. If it happens, good entry point for new profits! Not financial or investment advise.
Looking at MCO's past history. Every breakout stops and retraces to the .618 level before reversing from the bottom. So now, you may buy MCO with low risk before it moves up again. Remember to always put a stop loss below your buy price to save yourself from the market's volatility.
A pretty sweet ride, targets respected beautifully before the app launch. Accumulate on dips, if it break t3 of 0.0062, will post fresh targets. Already on 3x from entry..
On a 15, and 5-minute scale we see an inverse head and shoulders which is a reversal pattern We buy the on breaking the swing high (neckline - blue line) We set a stop loss on the latest swing low ( estimate - the lowest point swing on breakout - red line) We can also see a kumo-twist happening with a blue cloud on ichimoku
MCOBTC rejecting 0.382 and 0.5 Fibonacci retracement. Entry level suggested over second green bar. Use stop-buy or watch the market live Entry level on the chart. R/R 1.37 WNZ Get live updates and analysis of the cryptocurrency market: t.me
Here we clearly see how Monaco & TenX start pretty similiar. Sadly, there are many people waiting for their Cards and development procrastinates, while Monaco delivered a working product to the customers. TenX stays in the beginning trust zone, which Monaco long breaked through thanks to a fully working product. They are DELIVERING! However, both will innovate...
4 days before the release of the application ( Twitter ). The market shows a very strong uptrend. Probably in the near future, the price will reach 161.8% and 261.8% Fibonacci. We'll see. And be careful, very high risk!
~ TenX competitor ~ Upward trend got confirmed ~ Resistance seems to have been broken ~ Product release is scheduled for Aug 31'st, media attention inbound ~ Wave 3 incoming, expected to rise up until or just after Aug 31'st ~ Rumour has it that a partnership with VISA is on its way, when announced the bulls will be back for wave 4 ~ High volatility expected,...