Short
#BINANCE #MCO/BTC BULLISH ANALYSIS
Mco is in a healthy upward direction.
1. Ema is curving through the downside of the candle in the daily chart which is super bullish.
2. Sma has been cut last 3 candles and ready to explode from here at 54500.
3. Resistance line has been broken in kdj but macd will take some more time to break. 2-4hours estimated..
4. Fib 0.23% already surpassed, the next move will be 0.38% = 56700, this will be Our 1st Target.
5. 2nd Target 0.50% = 58200 sat. 3rd Target 0.61% = 59400.
1. Ema is curving through the downside of the candle in the daily chart which is super bullish.
2. Sma has been cut last 3 candles and ready to explode from here at 54500.
3. Resistance line has been broken in kdj but macd will take some more time to break. 2-4hours estimated..
4. Fib 0.23% already surpassed, the next move will be 0.38% = 56700, this will be Our 1st Target.
5. 2nd Target 0.50% = 58200 sat. 3rd Target 0.61% = 59400.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.