Trocsoneria

Monaco (MCO) lining up for a break and possible bull

Long
BINANCE:MCOBTC   None
Hi guys,

We're presented with a possible inverted Head & Shoulders pattern forming just as we get closed to the app release and token lock-up for cards delivery.

If we get back to the neck line and complete the pattern, I think Monaco is set to look pretty damn good and expensive in the next 3-9 months, what do you think of this, good entry point, waiting for more action from MCO side, or do you have your doubts about Monaco (MCO) and why?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.