Based on the 4H chart of Monaco, we can see that the price bounces from the support zone. This zone is formed by Simple Moving Average with period 50 and 0.003500 support level. MACD histogram and RSI confirm price reversal. DMI shows trend market conditions and allows opening long trades. It's a buy signal. Pending orders should be placed above the high of the...
MONACO breaking out. Fibonacci levels as targets. GL!
Monoco is in consolidation mode. With the latest consolidation monoco has to make a is decision whether to break out or break down. Clearly after a good recover period and consolidation period is will chose to break out. Its a buy right now
After the previous ATH a 48hour or so downtrend begun. However, since then a double bottom ('W' bottom) has formed and a downtrend trendline breakout then followed. Previous heavy resistance has become the current heavy support. Moon suits on.
Today $MCO (Monaco Card) announced VISA partnership and they are going to release their credit card. That means you can spend your crypto money in anywhere, whenever you want. Big day for crypto. My entry level: 42k HOLD and : First and short sell target point: 60K Secondly 80k-90K For last minute and uptodate signals and tweets: twitter.com
We can clearly see, using the Gann Fan indicator, that there is a very likely possibility of the 2/1 line being broken to the upside. The ichimoku indicator tell us that price is crossing into the Kumo and if there were to be a Kumo breakout, we'd see it around the same point at which the Gann Fan indicator tells us it will happen. Couple the technicals with...
Symmetrical triangle formation, maybe it'll breakdown or breakout. Breakout/breakdown length is typically the length of the height of the triangle when it starts. That would put us almost perfectly at previous support/resistance levels. Possible double top in our future. Not completely loving the RSI on the hourly, but the thin Kumo is good sign of weak resistance.
Today MCO (Monaco Card) announced VISA partnership and they are going to release their credit card. That means you can spend your crypto money in anywhere, whenever you want. Big day for crypto. My enter level: 42K First and short sell target point: 60K Secondly 80k-90K
A pretty sweet ride, targets respected beautifully before the app launch. Accumulate on dips, if it break t3 of 0.0062, will post fresh targets. Already on 3x from entry..
MCOBTC rejecting 0.382 and 0.5 Fibonacci retracement. Entry level suggested over second green bar. Use stop-buy or watch the market live Entry level on the chart. R/R 1.37 WNZ Get live updates and analysis of the cryptocurrency market: t.me
Here we clearly see how Monaco & TenX start pretty similiar. Sadly, there are many people waiting for their Cards and development procrastinates, while Monaco delivered a working product to the customers. TenX stays in the beginning trust zone, which Monaco long breaked through thanks to a fully working product. They are DELIVERING! However, both will innovate...
MCO Has been following a very parabolic up trend, I expect the pump to finish up soon and create a more steady trend a bit lower. However if the volume keeps up I can see it making new highs again.
4 days before the release of the application ( Twitter ). The market shows a very strong uptrend. Probably in the near future, the price will reach 161.8% and 261.8% Fibonacci. We'll see. And be careful, very high risk!
MCO is targeted to release August 31st. Recently, the market has been moving the price closer to match the market cap of it's competitor Tenx Pay. We still have around 300% growth before that point is reached. With the opening of trading on Binance today at 3:00PM Hong Kong time, we can expect this trend to continue. - Expect fast growth and sudden drops. -...