Monaco (MCO) Breakout - Additional Gains Possible

Great breakout for Monaco (MCO). Now sitting above the 200 EMA line (broke and closed above it on the daily time frame).

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.

Namaste.

Comment:

Weekly chart shows that there is room for more action...

What's your take on this one?

Please share on the comment section.

Thanks again for the continued support.

Comment:

Yes, there is plenty of room left for Monaco (MCO) to keep on growing, specially if the market turns green.

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.

4h:

1d:

Comment:

The signals are there. Monaco (MCO) is loading up, it can shoot up anytime in the coming days, can happen within this same quick.

Trade active:

Monaco (MCO) is now safely trading above the EMA200 line and getting ready for an increase in price.

Comment:

Monaco's (MCO) new website: crypto.com/

Comment:

Monaco continue its climb up:

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."