Monaco coin has been range trading for an extended period of time and has established a very strong support at $5 area. Price has bounced off that support for at least three times now, with the most recent bounce occurred on the 6th of February. After rejecting the support price went up and broke the descending channel as well as the 2/1 Gann FAn trendline. The...
Following the previous idea on Monaco Coin , it broke above the range zone, that was between $5 and $10. After breaking above $10 major resistance area price reached $19 and corrected back to the $10 support that has been rejected. MCO/USD continued to trading within the $10-20 range where $10 was rejected twice. At the same time Monaco Coin continues to trade...
Monaco coin should move to ≈ 85$ within the next 50 days. Many announcements are expected soon and the big money will move just before. 1. Key partnership announcement. 2. Global App release 3. MCO Token lock-up. We all know what happened to XRP during the announcement wave. It is coming soon for Monaco. MCO holders will be winners as the moves are almost...
MCOBTC Just broke ascending wedge and looks very bullish. What're your thoughts?
Monero is a core holding of mine. I wish to add to my position for the long term. My BiAS is LONG. MCO is currently in no-man's land. I can not begin to tell you how many trades I've taken that were in this realm. All bad. There's nothing to do yet. I've set my alarm at 20.23. I will wait for price to break up on the daily and close the candle above the...
what i see: bullish ascending right triangle with a price movement minimum looking like to 35$ i wonder what news will arrive once this happens.....who cares. higher highs soon
MCO/BTC chart has been moving downwards for some time. And it's turning now. MCO/USD is looking very BULLISH. For 6 weeks it's been within a bullish triangle and it's looking like it going to pop out any day now. Also the project is STRONG, sounds like they are going to have a line of credit attached to their cards as well as their partnership with Visa. Add...
Monaco finished its correction and should begin to form its 3rd wave now (explanation down). Like if this TA helped you and good luck!
Bears have a hold of the short, but long term trend could prevail.
This is merely the scribblings of a novice giving technical analysis a try. I have been learning about elliot waves, cup & and handle, fractals(almost more challenging than elliot waves) and genrel trend observations along with divergence to try and better understand the overall movement. for the micro movements create a lot of panic. If anybody out there can...
Holiday time were though for most of the Cryptocurrencies, lot of them are breaking or approaching support. Most of them will rebound and this could be happening sooner and sharper than expected. - Most of the profit have been taken during the holiday season - The crazy phase about "Bitcoin Bubble" is calming down - 2018 hold a lot of promises for...
Or its wave 2, or wave 2 finished, from position B can open trade in long
MCOUSD - AB=CD Pattern ... Please follow me to keep updated with the analyses. Thank you for your likes and comments :)