Long
MonacoCoin (MCO) Long against USD, trend analysis
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 Cryptocurrencies.
In the case of MCO, it is approaching it's first support and could be good timed with the first wave of delivery of the MonacoCards and their used.
Their KYC process is well implemented and easy to use, and their product appear reliable. The only problem shown today is that they can deliver cards as their list of waiting people keep growing. Customer should get in line now in the hope of using their card during the next quarter.
Analysis done by The Foil
30.12.2017 19:49
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Disclaimer: The content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
I write for analyzing, learning & discussing general and generic information related to investments and strategies. No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content. I do not provide personalized recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.
- 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 Cryptocurrencies.
In the case of MCO, it is approaching it's first support and could be good timed with the first wave of delivery of the MonacoCards and their used.
Their KYC process is well implemented and easy to use, and their product appear reliable. The only problem shown today is that they can deliver cards as their list of waiting people keep growing. Customer should get in line now in the hope of using their card during the next quarter.
Analysis done by The Foil
30.12.2017 19:49
----
Disclaimer: The content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
I write for analyzing, learning & discussing general and generic information related to investments and strategies. No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content. I do not provide personalized recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.
Disclaimer
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