This looks good. Good potential for further gains.
There will be a huge retrace, YES, but still the resistance was broken, so it might continue to go up.
Note: This is not a trade.
This is no trading advice. Please trade at your own risk.
If you want to trade Monaco now, please wait for the retrace and a good entry point.
Think carefully before buying; capital management, diversify and only invest money that you can afford to lose.
Thanks a lot for reading.
What's your take on this one?
Please share on the comment section.
Thanks again for the continued support.
Both the daily and weekly charts show clearly that this is possible. So if you want to go long on this coin, feel free to hold.
And trading within an ascending channel:
UPCOMING EVENT -> Monaco (MCO) - 09 July 2018 - Pub Summit
"Pub crawl hosted by Monaco on 9th of July in Hong Kong. Organised for RISE attendees."
I bought the coin thanks to your analysis and I do not regret it at all!
When the news are official, the cards are released the price can go up a lot but it will depend on the market cycle. When the cards are released, the price can fall temporarily before going back up.