Updated
Short-mid term bullish run on Monaco
~ TenX competitor
~ Upward trend got confirmed
~ Resistance seems to have been broken
~ Product release is scheduled for Aug 31'st, media attention inbound
~ Wave 3 incoming, expected to rise up until or just after Aug 31'st
~ Rumour has it that a partnership with VISA is on its way, when announced the bulls will be back for wave 4
~ High volatility expected, make sure you pick your sell & buy back targets
~ 2-5x gains short-mid term expected
~ Upward trend got confirmed
~ Resistance seems to have been broken
~ Product release is scheduled for Aug 31'st, media attention inbound
~ Wave 3 incoming, expected to rise up until or just after Aug 31'st
~ Rumour has it that a partnership with VISA is on its way, when announced the bulls will be back for wave 4
~ High volatility expected, make sure you pick your sell & buy back targets
~ 2-5x gains short-mid term expected
Note
Resistance @ 0.0035 has been tested a couple of times in the last 12 hours and seems to be holding. Buckle up for the next upward wave. If resistance holds and movement remains sideways for the next few days, we can expect a strong bullish run up in to the 0.005 - 0.0059 range towards product release.Note
Obviously I meant support in the above post. My bad. Old resistance, new support.Note
Bullish wave 3 definitely took place. I expect further upward movement towards the 0.01 range over the next weeks.
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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.