WealthMurphy

MCO/BTC BTRX

Long
WealthMurphy Updated   
BITTREX:MCOBTC   None
It seems that it is starting a new market cycle.

1h and 6h Stoch RSI looks good
12h and 1d Stoch RSI seems to reverse

Currently building support and trying to break 1h, 12h and 1d Ichimoku Cloud.

MACD looks good and on 6h it seems to reverse.

Heikin Ashi looks good for multiple timeframes except 12h
Comment:
This is a possible wave count.
Comment:
Comment:
This is currently trading under the daily cloud.

If it will have enough power, it will try to break the cloud but if not, it may wait to pass the cloud then make a jump.
It may take more than 30 days to touch any targets.
Comment:
On lower timeframes, it looks that it's loosing momentum. Will set a stop loss above breakeven.
Trade closed: stop reached:
Got stopped at breakeven a while ago

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