Why i think that MCO still has a long way to go down:
If you search the net for some info about Crypto.com you will find a lot of people that really don't trust the company (ponzi scheme) or lost their faith in it.
People (like me) who live in Europe have waited very long for their crypto visa card to arrive. I got mine a few weeks ago. And a lot of people are...
Looking at our highest timeframe we can see MCO continues to respect its uptrend starting in 2019. Stochastic RSI showing momentum is in favor of the bulls with no signs of slowing down. The last 6 weeks have left price in a tight zone, struggling to close above $5.55 and below $5.10. Starting on the week of March 16...
More to come. Entry now will be a form of gamble as MCOUSD continues to show downside trend within the resistance band.
MCOUSD is holding strong to 50 SMA but a break below this will means the next strong resistance line will be tested.
Wait a little more before entry will be a more rationale position
Please forgive me as I will be focusing much less on daily publications and much more on the tech aspect of “ Fintech ” — a critically wonderful boggling, paradoxical blockchain technology !
Now I will still be posting semiweekly publications (at least 3 to 5 a week) I just wanted to let you guys know what was up in regards to why it’s been so long since I...
Everyone, please learn how to use the gann fan, both in the upward and downward positions. Using trend limes and support/resistance and patterns is the tip of the iceberg. Learn:
- dow theory (6 tenants and 3 phases)
- gann theory (rates of change over time)
- wyckoff theory (accumulation phase)
Almost every idea I have seen on here misses key points from every...
Attempting to break 50MA.
Check for closing prices above 50MA.
Next week, the 50MA should be supported and checked for rising.
The primary target point is 100MA.
Attempting to break down the downtrend line.
In order to get out of the downtrend line, I would suggest going higher than 200MA.
Major coins are showing the same trend as BTC is trying to change direction.
I will look at the short and medium term.
Many gains climbed above the 0.00055222 point.
You should check whether you can settle at 0.00055222.
More than 0.00055222 is the area to trade while increasing the turnover of funds into the short-term investment area.
Don't think too...
I will see it in the short term.
MCOBTC chart was added.
It is located near the critical point, 0.00055222.
It is an important point that must be overcome.
It is located near the 3.90656900 important point.
Like the BTC, it is worth considering as it is an inflection day around December 5.
I do not want to think about falling.
If not supported by 100MA,...
From the mid-term investment perspective.
Support is on the uptrend line and resistance on the downtrend line.
It is located near the Yondu Line, the short-term uptrend line, and 3.90656900.
If the price rises along the up-and-coming yellow-green uptrend line, it is expected to break the downtrend line around December 2.
If you settle at 5.21961978, there is a...
I’ll keep this concise:
Finishing off from a LONG signal for MCOUSD Several weeks ago seems to be coming to a close within the next 7-10 days.
Market volatility record highs with BTC hashrate overextended, hence the lack of continuity and selloffs as of late; nonetheless a great opportunity to pick off some alts.
Target TP1 $4.56
Target TP2: $4.68