. CRYPTO.COM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. There is a possibility of temporary retracement to suggested support zone (0.00076000 to 0.00066140). if so, traders can set orders based on...
At 8am UTC, MCO Token Holders will receive an airdrop of a new chain by Crypto.com called Crypto.com Chain Token (CRO).
CRO has been trading since the 21st of November on the Digifinex exchange and is used for processing transactions on the Crypto.com application.
This should bring more value to the Monaco token as a periodic airdrop has been automated in the...
. MONACO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. There is a possibility of temporary retracement to suggested support zone (0.00064900 to 0.00056070). if so, traders can set orders based on Price...
On August 13 we broke through major support (dotted green line) which triggered a large selloff. August 15th and 16th attempted a break of the long-term trend line (solid green line) much sooner than my prediction, however the price bounced back to the upside off that support. The price is currently testing support levels from mid June. RSI appears to be oversold...
This is another opportunity, Monaco has been forming a falling wedge reversal which can take us up 0.0016 BTC so that is 60 % profit potential and I think with the bulls we have in the market now that is quite a like breakout to have. We have Stoch oversold bullish, bullish divergence on Elliot Wave Oscillator, MACD higher lows bullish signal and the...
MCO/BTC seems to be trapped in a short bear run on 1D charts.
So far, bulls have not been able to push through and move the chart upwards, meaning if the price follows this expected trend (pink top and bottom lines), there should be a bullish reversal on August 8th at around 0.000700BTC.
Fibonnaci Retracement is worse, with a reversal/low around...
Monaco has given its price signal by the breakout it made yesterday, and we can see a lot of indicators such as EMA 20 crossing EMA 200 in 1h time frame and also it has been on a falling wedge reversal and with this signal we have the confirmation of it making the cup. So we are hading to 0.0014 price level from there we should be making the handle and after that...
Monaco has just taken out a missed weekly central pivot from a few weeks back. Its heading down to S2 weekly and there are multiple missed central pivots above (2 weekly & this months monthly). Add in a BAT pattern which looks to be setting up with an insane 13:1 R:R and Im am looking seriously at this.
To be clear I'm looking to trade the CD leg of the BAT.
Here is a little hint for You who watching MCO entries!
At the moment we have solid "Head & Shoulders" Chart Pattern!
Right shoulder nicely supported with 100-,200EMA & 200MA
+historically on very strong support area!
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I think MCO can side way with support XABCD Pattern and MACD
Buy a fews and hold it
Buy order : 0.00075 - 0.00077
Stoploss : 0.00072
Recommend only deposit 5-10% btc
Good luck Everyone