Philosof
Long

Good time to invest in MCO

BINANCE:MCOBTC   MCO / Bitcoin
Hello fellow traders and investors. I want to share my view on MCO . Monaco is a company that is working on VISA card that will make crypto spendable in common life. Isn't that what everybody needs? Sure! Let’s wish them luck and see the 3 day chart. I draw trendline on a day chart and it fits perfectly to all the price spikes there, but my day chart is overloaded with SR lines so 3 day gives a better view.


This blue trendline begins in August 2017. Long long way down. And here we are, at the bottom. Bounced with some good volume and now accompanied by BTC growth this coin has a potential to reach great profits in mid-long term. In case BTC will grow fast, it may even take less than a month. The targets with most resistance are 840-890-950-1080. Short term target is 750. But ask yourself if you'll be ready to sell the coin that potentially will bring you another 45% and, if gets through 1080, the target is the MOON ))

Not a financial advice. I'm just sharing my point of view and my own trades as I bought MCO today and will be holding.
Sep 28
Comment: current movement map.
Oct 01
Comment: The chart is crying for breakout. If you haven't bought MCO yet I suggest to do this at any price above 670. If falls below you can catch it at lower channel border. Otherwise it can go all the way up any time.
Oct 04
Comment: If you have bought together with me you could have already profited several times. More profit is coming soon =)
Oct 22
Comment: No comments.
@Philosof any update?
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@kulie, BTC fall dumped MCO really hard. But on big timeframe it is still good while stays above 670.
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kulie Philosof
@Philosof, so much sideways accumulation phase but no pump , other coins with much lesser accumulation phase are pumping 100% or more , crypto is a weird market :))
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@kulie, coins pumping are the ones that are easy to manipulate. MCO is spreaded along many exchanges and have fundamentals. It will be pumped but it is not easy one to pump so "whales" simply don't touch it while there are easier targets.
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probably after the messsage is out that the sg cards are out we will see the first move up. if we see a delay again which i dont think will happen this time, we go down... thats why we see this crazy move to the right. Maybe we will hear something on 4. oct or some days later...
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You've bought in at the right time Philosof. There is a good trade here & a great hodl long term! Crypto.com (formerly known as Monaco) has been making some nice moves over the past year. Spending crypto through a Visa card is just one small aspect of this project. Ultimately the app along with the card will allow you to buy, spend, send & exchange 200+ cryptos/fiats for everyday use, esp travel. Utility for the token will include wallet-app trading cashback, card transaction cashback, 6month lockup for platinum cards, newly listed coin airdrops for holding mco in app, reduced fees for the auto-invest product, higher credit lending for staking MCO + heaps more.. new utility is being added to all the time. Not many projects have a mass market tkn going into live utility mode in the next few weeks!
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@cymon, wow! Than it should fly to the moon soon =)
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Any updates on your chart my friend?
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Philosof tangle187th
@tangle187th, MCO bounced of 660 and moves up within a channel you can see on the screenshot. Hard to say how long it will move sideway, if breakout will happen soon or it will go for another fall. But it is a map of movement and major support/resistance lines.
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tangle187th Philosof
@Philosof, thanks my friend.
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