crypto_gunther

crypto_gunther

Will we see MCO reach $178 during the next bull run? Obviously, this is pure conjecture and it need not be construed as investment advice. MCO is forming a nice bottom in the demand zone. The bears have made a valiant effort to break the support at $3.91 but haven't been successful yet. If they succeed in breaking that support then get ready for capitulation....

crypto_gunther

I'm not being dogmatic here but we may see MCO tank to the bottom (around 63 cents) before a massive bull run. The VISA cards will ship to Singapore residents in the very near future. However, market makers may be inclined to dump a large quantity of tokens on the open market to trigger a sell off. They may do this so that they can acquire a massive amount of...

crypto_gunther

We may see MCO drop to her knees. Maybe we will get lucky enough to add to our position at 63 cents. I expect capitulation by those who don't understand how these markets work. Alternatively, we may see a bullish reversal at $3.91. Let's see what happens.

crypto_gunther

Let's see if the market reverses from the bottom blue support. If you are shorting this market then prepare to get left in the dust. Don't be deceived. Buyers are waiting on the sidelines to buy your dirt-cheap coins during this clearance sale.

crypto_gunther

Let's see if GTLA reverses from $.0001.

crypto_gunther

This idea is pure conjecture and should not be construed as investment advice. Notice the bearish head and shoulders pattern. If the neckline ($4.65) is violently broken and capitulation occurs then we may see MCO at 63 cents. An Ethereum whale is dumping his coins on the open market which could act as a catalyst to drive the price of Ether down. This in...

crypto_gunther

Let's see if the price reverses from $4.09.

crypto_gunther

Perhaps MCO will move like Ripple (original idea stems from another analyst) during its next bull run. The fractal represents how much Ripple grew once it broke out from range mode. If you have extra cash reserves on hand and are long on MCO then it would be prudent (in my opinion) to add to your position at current price level. The price has been severely...

crypto_gunther

The sell zone is derived from trend based Fib extension. It ranges between the 1.618 - 4.236 of the following structure: $4.33 --> $10.53 --> $4.21

crypto_gunther

Each line connects two points, to the exact cent, and extends to negative and positive infinity. Broken support becomes resistance and vice versa.

crypto_gunther

Perhaps we will see Bitcoin return to its all-time high for a cup and handle pattern. We should see a correction at ~ $19,666 before a breakout to a new ATH. Alt coins should thrive during this reversal. You might have a look at MCO to add to your alt coin portfolio. It is addressing key problems in the crypto space like liquidity, ease of use, and custody.

crypto_gunther

The price may be forming a larger structure cup and handle pattern. Let's see how this idea plays out.

crypto_gunther

The price is forming a nice bottom. I expect the price to reverse towards 154,443 sats where it may correct for a cup and handle pattern.

crypto_gunther Updated 

Target is $9.10 if neckline is broken.

crypto_gunther

Price entered a bullish pennant after its initial rally to $28.99. Breakout should occur the next time the price hits the upper blue resistance. Point D was a false breakout.

crypto_gunther

Breakout to the upside is most likely to occur prior to the apex.

crypto_gunther

Posted for observation. Price stuck in range mode.

crypto_gunther

The price is stuck in a range. It needs a 12345 Elliot wave cycle that violently pushes the price above the $28.99 resistance. Until then, price action is uninteresting.