Hello Traders, Today’s chart update will be on MCOBTC, where we have had a potential Adam and EVE bottom from yearly lows. Price is now testing key support that needs to hold, however we are seeing bearish signs such as the bearish divergence.. Points to consider, - Trend is considered bullish with lower highs - Major Resistance broke, now support - Local...
Fibonacci Targets provided As well as pivot lines and R1/S2 It’s not too late to make your entry for short so If u want to take a position i suggest u do so before you FOMO TP1– $3.78 Stop - $3.26 Disclaimer This is not financial advice; you are presumably a grown ass man or woman Please trade responsibly do not invest more than you can afford...
As anticipated when the triangle was forming (see related ideas), an entry could have been taken right after breakout. If you missed the entry, the only other option is to wait for a full swing retest of the breakout level. This is unlikely to happen. HITBTC:MCOBTC Market Cap: $53,568,932 USD 6,244 BTC
Buy : Close to 3800 as possible Sell : 4200-4600-5000 Mid-Hold : 5200 Stop : Under 3500
Looking for a small correction and a bounce from two potential areas before entry. This is not financial advise because I am not a financial adviser. I am just a dude.
MCO has been forminga reversal formation after a downtrend in the form of an ascending triangle for about 2 months. A breakout above the 0.000374 level would confirm the formation. Significant resistance is not that far away. Once we break above the triangle, I will analyze market volatility and momentum to determine the risk-reward ratio being offered by the trade.
Those of you that are familiar with my publications or have read them in the past know exactly what I’m about to say; particularly Because these are my favorite indicators and I happen to get it extra giddy with excitement whenever I spot them and that is: M tops & W bottoms! (Links below for references) Looks like in the case of MCO USD we have a W bottom in...
MCO / BTC : BUY : 0.00034/33 SEL : TARGET 1 : 0.00037 TARGET 2 : 0.00042 TARGET 3 : 0.00049 STOP LOS : 0.00029
$shortsell $MCOUSD TP1: $3.30 TP2: $3.38 Stop @: $3.19 Beautiful CNH formation on MCO USD This parabolic run seems to be caring some alts with it! Don’t forget to use my referral and will both get $50 for MCO when you stake Minimum 50 tokens for the MCO visa card which if you haven’t done by now then get on that as we are out on 8 month bottom And I...
Buy Around: 354 1st target : 385 2nd will update
Keep an eye on MCO. Nice project bringing crypto into real life use. If it manage to stay above ~325 (or even better/bullish above 333), it has a chance of further reversal and starting an uptrend. At least in case of bearish BTC. If BTC will pump, MCO can dump to 318-320 support. Breakout zone it is knocking on is around 340-345. Next resistance levels at ~354...
MCOUSD has been seeing lower lows; well this is clearly $BTCUSD’s time To shine I would be remiss not to mention that this is long overdue for some serious parabolic movement and judging by volume accumulation looks like it’s coming. Since we still have to wait for altseason to clear; henceforth I'd put this down as a mid term 7-10 day timeframe... ...
forexop.com For more info on this indicator; read the link above. Everything listed is in the chart above including: Targets 1 & 2 (for the conservative trader) 72-90 HRS est -- a great SHORT TP exit if you're not into HODLing Target 3 (key target for TP for it represents the pivot & is quintessential in determining whether or not we'll have a...
DISCLAIMER :- This is not a financial advice. Buy MCOBTC right now, Place stop loss at 0.000499 and take profit at 0.000556 or at whichever price you like. :) Remember, always risk 1% of your capital. If you have any questions/doubts, feel free to comment below. Happy Trading. :)
Just a simple weekly prediction.
If you haven't pre ordered your MCO card and put down a security deposit of anywhere from 50, 500, 50,000 (depending on which reward benefits you got) then I would suggest you do so ASAP. Crypto is still relatively in its infancy; I would say now its a toddler & the mainstream has begun to adopt its core central principles. They do not really understand the...