HODLing For A Month #MCO $MCO
Weekly
Looking at our trend timeframe we see the price has remained in its bearish trend since being introduced. Stochastic RSI showing momentum has bottomed out and we could be seeing a shift in the trend. Looking at our price action from last July to today we can see the price has formed a new low at 3,000 satoshis. Since then we have formed a higher low at 5,000 satoshis, and a higher high at 7,500 satoshis. MCO is in a minor uptrend and we should expect the price to continue to the upside.
Daily
Shifting over to our pattern timeframe we see the price respecting our uptrend, and looking to make another push to the upside after retracing about 62%. Stochastic RSI showing momentum is in favor of the bulls and will continue. MCO is an appealing coin because you get paid interest for holding their coin, and a debit card if you would like to allow you to spend your crypto. One of the few cryptos with a working product; its no wonder this coin has been on a steady growth path and not as volatile as other cryptos. A daily close above 6300 satoshis and expect the price to test 7,200 satoshis.
CRO
CROBTC looking bullish on the daily again?CRO could be looking promising against BTC again. The MACD on the daily appears to be about to cross up and we could be looking at a breakout from a bullish pennant. If the pennant were to break out as imagined, it would imply a target of around 850 sats. Looking at a slightly longer time frame, this would form an ABC breakout from a (very dubious) cup and handle which started to form in late July last year.
CROUSDT Elliot Waves on the 4-hourBeen slowly retracing back. This is my idea of what I think is going to happen.
Disclaimer: This is an amateur opinion.
BTCUSD Alignment 76% gainsHi there. I'm not a pro, I'm afraid of shit like most people but not so much that I get paralyzed. I use the Boss Method for charting and I feel like there are a lot of things that line up pretty well with this chart.
The MA's are 7,77 and 231.
Vertical Fib: Starts at the "lightning moment" around feb-march of last year and tops out at top of candles around jun-july of last year.
Horizontal fib: Starts at the same point, ends after the first peak, the break-down moment in july of 2019.
Dashed lines: the bottom line represents the trending support line going back to the lowest point since 2015, the top line has the same vector and represents the top of a reasonable channel
Sine wave: begins at the "lightning moment" before the run up in 2017, apex point is at the peak in jan 2018.
All that said I feel like a reasonable spot to buy BTC will be between 4300 and 4800. Historically BTC rebounds to at least the .5 if not the .618 on the Fib. if that holds true then 76% gains over the next few months is likely. The Sine wave shows upward energy between the 3.2 and the 3.6 just after the historically average 50 day period of sideways time. This is also probably around the time we will be coming out of the C virus issue. The sinewave also completes this cycle of energy at the Horizontal Fibs 4.6 probably around January of next year.
BTC bounces of the support line usually a few times...for 50 days.. so if you think you missed out you probably didn't. I have found the best fastest way to buy/sell/hold and spend BTC and some other cryptos is with the Monaco/Crypto.com VISA card. The UI is awesome and fast, you can trade in and out of BTC (some other cryptos too) and TUSD in under a minute if you have a panic moment like me. So if you don't have one it seems like you have about 2 months to apply for and get one.
Wait for the 7 to go above the 77.. Good luck!
I guess leave me a comment if you agree or disagree with my analysis.
Crypto Starts To Move | Easy 70% For The Next Targets Crypto (CROBTC) just made a strong move and is now trading above EMA10 and EMA100.
We are active here and aiming at 400%+ of potential profits.
Volume is still low, after such a strong move... Signaling that there is lots of room left available for growth.
Expect a retrace and then another jump.
Chart:
Thanks a lot for your support.
Namaste.
EOS/BTC 3D (Binance) Preparing for mid-term uptrendWell, we all know EOS and it's been a long downtrend, get ready to fill your bag.
Crypto.com Exchange with The Syndicate just listed and allocated 210K EOS at 50% discount (48M CRO contributed).
Entry= 0.0003175 - 0.0003375
Take Profit= 0.0004255 - 0.0004743 - 0.0005231
Stop Loss= 0.0002298
Risk/Reward ratio= 1:1 - 1:1.5 - 1:2
CRO/USD descending broadening wedge!I really enjoy looking for charts that most people might miss. The Crypto.com token chart currently doesn't have as much data as I would like to see in general, but it still has peaked my interest. Lets look at this chart from a TA/FA point of view, and remember my last call recently sky rocketed, can I do it again?
Firstly the EMAs will not be a sufficient indicator to look at because this chart is too new, though we do notice all other indicators looking interesting. The RSI is very low, definitely in an area I like to buy at (buy low sell high remember). The MACD is showing that selling pressure is subsiding and traders/investors are putting in buys. We also see that since the low of Sep 3rd this year we have been creating a descending broadening wedge which is generally a bullish pattern suggesting a reversal to the up side. I like this pattern because it's very mature (about 3 months long), in relation to the charts beginning.
From a fundamental point of view we know that crypto.com is going to use the CRO token to power it's new exchange coming out in the beginning of December this year. It will give traders a discount on trading and have trading pairs for the initial listed coins, which will give CRO a lot more utility than it's ever had. In the future CRO will also be used to purchase newly released projects that list their coins/tokens with Crypto.com. We have to take BTC into consideration though, if it crashes/ falls then we will more than likely see a better buying opportunity, but if it stays stable or goes up it will give CRO room to grow.
Just a chart to think about or keep in the back of your mind for the future. Also you can buy other projects tokens on this custodial exchange like Matic and Cardano which are very popular these days.
My first bullish target would be at the top of the wedge around .34-.35 and if it breaks out then my next target would be around .47. If we break down I'll have my stop loss under the wedge to cover me. If you want to use my referral to sign up for crypto.com it is h6xsf7vf8g, best wishes to all.
Crypto (CRO) Prints Big Volume | 65%+ Next TargetCrypto (CROBTC) printed one of the biggest volume bar since March 2019... This is a very strong signal.
This high volume came in on the 14-Nov. to break above EMA50 and EMA10. Now that CROBTC is trading above these levels, it can easily go higher.
You can find some targets, support levels, and additional information on the chart above.
Feel free to hit LIKE if you want to see more charts.
Namaste.
MCO - Crypto.com - The New BankBITTREX:MCOUSD is a STRONG BUY
Analysis Method: Fibonacci + Wave w/ dash of Fundamentals...
Monaco is an example of what I call Banking 2.0.
***Free $50: Use my referral link platinum.crypto.com to sign up for Crypto.com and we both get $50 USD :)
Crypto.com has an advanced app that works flawlessly...
Features:
1. Wallet - Buy & Sell Crypto
2. Fiat Wallet
3. Card (Visa) - MCO Visa Card
4. Payment - Spend Crypto Anywhere
5. Rewards - Spending Rewards and referral bonus
6. Earn - Earn Interest on your Crypto Assets
7. Track - Track Crypto Prices
8. Crypto.com Chain (CRO)
CRO (Crypto.com Chain) Whitepaper: crypto.com
Wave 1: +455%
Wave 3 is beginning now...
Monthly Chart:
Weekly Chart:
Daily Chart:
*Always see related ideas and click the 'play' button to see how price-action follows Fibonacci sequences
Immediate Target: $14
Time-frame: 72 days
See related idea for further analysis.
Will update.
-AB
CROBTC Analysis 08/09/19Crypto.com Chain has seen some resilience, up by 16% while altcoins were suffering from the Bitcoin's alway growing dominance over the cryptosphere.
However, the coin is now facing a downtrend resistance that keeps capping any attempts made by the buyers to prop up the coin.
After two strong rejections over the last 2 months and lower lows, Crypto.com is heading back toward its downtrend for a new test.
Stochastic is showing some bullish tendencies, however as a lagging indicator, we wouldn't read too much into that as we are coming near this short-term resistance.
Regarding the current altcoins' context, the breakout to the upside case is always hard to defend. Volume has been rising slightly but we are far from previous levels that could sustain a processing bullish momentum. We also have to take into consideration the fact that short-term lows at 377 satoshis are also the year lows, we are therefore sitting on the edge of another sell-off.
Therefore, we expect to see sellers stepping up while we get near the coin's downtrend, putting some pressure on prices targeting short-term lows at 377 satoshis and lower.
Raphaël Comte
Investment Analyst at Token Metrics
Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .