MCRTUSDT SPOTLong
MCRT looking bullish
Updated
Scanning the charts today and MCRT stood out from the rest.
STOCH RSI is showing oversold in both the daily and the 4H
Bounce off the 200EMA on the 4hr and 50EMA on the daily.
Still hasn't broken out of the diagonal resistance line like so many other coins have so far.
Looked at their website and seems to be a playable, multiplayer video game on both desktop and mobile. I believe gaming can be a big narrative play in the next bull-run, even though 99.9% of the games will fail, they will still pump like crazy.
STOCH RSI is showing oversold in both the daily and the 4H
Bounce off the 200EMA on the 4hr and 50EMA on the daily.
Still hasn't broken out of the diagonal resistance line like so many other coins have so far.
Looked at their website and seems to be a playable, multiplayer video game on both desktop and mobile. I believe gaming can be a big narrative play in the next bull-run, even though 99.9% of the games will fail, they will still pump like crazy.
Note
Looks like the market has taken a dump after the Binance news of CZ stepping down and the conclusion of the court case with the SEC. To me this is a temporary setback and the news is bullish as this can be put behind us and the Bitcoin ETFs are still on the horizon.MCRT looks like it will head towards the golden 618 fib retrace at around 0.0012c. If it doesn't hold there and there is more bad news, than .0010c is the next target.
Note
Looks like the binance news was a nothing burger. It's broken out of the long held resistance trend line and is heading on upwards. Seems like every token is going up so the market is pretty much on easy mode for now.
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