MC/BTC - Merit Circle: Trend_Reversal◳◱ An intriguing development has unfolded on the EURONEXT:MC / CRYPTOCAP:BTC chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.00001668 | 0.00001839 | 0.00002246 and the significant support levels found at 0.00001261 | 0.00001025 | 0.00000618. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 0.00001478, allowing us to take advantage of the projected trend continuation.
Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies.
◰◲ General info :
▣ Name: Merit Circle
▣ Rank: 142
▣ Exchanges: Binance, Hitbtc
▣ Category/Sector: Financial - Gaming
▣ Overview: Merit Circle is a decentralized autonomous organization (DAO) focused on increasing accessibility and participation in the play-to-earn gaming industry by providing educational opportunities and 'scholarships' (in-game assets on loan) to people from around the world. In addition to profit-sharing with 'scholars', Merit Circle grows its treasury by holding various assets (i.e., game-related NFTs) and early-stage financial investments in Play-to-Earn games. Merit Circle's token ( EURONEXT:MC ) is used to govern the Merit Circle DAO and serve as an index for the Play-to-Earn industry.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001478 ₿
▣ 24HVol: 20.964 ₿
▣ 24H Chng: 0.0%
▣ 7-Days Chng: 39.46%
▣ 1-Month Chng: 44.59%
▣ 3-Months Chng: 152.39%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001668 | 0.00001839 | 0.00002246
◢ Support: 0.00001261 | 0.00001025 | 0.00000618
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 2.94
▣ Last 90D: 3.07
▣ Last 1-Y: 0.25
▣ Last 3-Y: -0.05
◲◰ Volatility :
▣ Last 30D: 1.13
▣ Last 90D: 1.47
▣ Last 1-Y: 1.09
▣ Last 3-Y: 1.50
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.72 - Bullish
▣ In-depth MCBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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MCBTC
MC IS ABLE TO SHOW NEW HIGH VOLUMEThanks for taking the time to read our update. Please note that this is not trading advice.
MC can demonstrate an impressive capacity to exhibit increased volume
This coin is not known very well. Some data shows that it can show new volume soon for the uptrend.
Since JUNE 2023 it has held the confirmation.
If it rises above 0.3425, the previous high point can be renewedHello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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(MCUSDT chart)
(1W chart)
The MS-Signal indicator on the 1W chart has switched to a bullish sign.
Accordingly, if the price remains near the current price, it is expected to start an upward trend.
If not, and it falls, you need to check if it is supported around 0.1974.
(1D chart)
To continue the upward trend, it must rise above 0.3425.
To do this, the price must be maintained above 0.2921, the HA-High indicator on the 1D chart.
If it falls below 0.2740-0.2921 and appears to be resistance, it is in the stop-loss zone as it is likely to lead to a further decline.
If it rises above 0.3425, there is a possibility of renewing the previous high.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Merit Circle (MC) formed a bullish BAT for upto 35% pumpHi dear friends, hope you are well and welcome to the new update on Metal (MTL) token with US Dollar pair.
Recently we caught almost 57% pump of MC as below
On a 4-hr time frame, MC has formed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Merit Circle (MC) formed a bullish BAT for upto 18.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Merit Circle (MC) with US Dollar pair.
Our last successful trade of ICP was as below:
Now on a 4-hr time frame, MC has formed a bullish BAT pattern for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Merit Circle (MC) formed a bullish BAT for upto 40.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Merit Circle (MC) with US Dollar pair.
Previously we caught almost 53% pump of MC as below::
Now on a daily time frame, MC has formed a bullish BAT move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Mc Getting Ready For breakout Seems Like Getting ready FOr recovery
Formed Descending Channel In daily Timeframe Incase Of Breakout expecting 150 to 160% bullish move
Look At Lower Timeframes For Entry
$MC/#BTC [#Merit Circle]: Trend_ReversalWe've identified a Trend Reversal on the $MC/$BTC chart. The trend of the price has reversed, indicating a potential trend change. The next resistance levels are located at 0.00001901 | 0.00002197 | 0.00002745, while the main support levels can be found at 0.00001353 | 0.00001101 | 0.00000553. It may be wise to consider buying at the current price of 0.00001612 and benefit from the trend continuation.
- Technical Metrics:
-- Current price: 0.00001612
-- 24H Volume: 13.1236 Ƀ
-- 24H Price change: 7.324%
- Pivot Points - Levels:
-- Resistance: 0.00001901 | 0.00002197 | 0.00002745
-- Support: 0.00001353 | 0.00001101 | 0.00000553
- Indicators recommandation:
-- Oscillators: NEUTRAL w/: 1 BUY - 2 SELL and 8 NEUTRAL
-- Moving Averages: STRONG_BUY w/: 11 BUY - 3 SELL and 1 NEUTRAL
--> Summary: BUY w/: 12 Total Buy - 5 Total Sell and 9 Total Neutral
Merit Circle (MC) formed bullish Gartley for upto 14.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Merit Circle ( MC ) with BTC pair.
Previously we had a nice trade of MC:
Now on a 2-hour time frame, MC has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Merit Circle (MC) formed bullish Gartley for upto 11% moveHi dear patrons, hope you are well and welcome to the new trade setup of Merit Circle ( MC ) with BTC pair.
On a 4-hr time frame, MC has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
# MC/USDT LONG TERM GEM COIN Welcome to this quick MC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to our MC/USDT daily update.
As we can see in the above mention chart that MC/USDT was trading inside the triangle pattern and broke the upper trend line and bounced right from the yellow MA.
In the current scenario, MC/USDT showing some correction and one again moving down to retest the yellow ma which is working as strong support.
If it comes down then it will be the best area to accumulate or buy this gem on spot to hold for the long term like 2 - 3 months.
If it moves in the right direction then we will be able to see 200% to 250% potential rally on spot.
entry:-$2.15,$2.30
target:-200% to 250%
stop-loss:-$1.90
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
MCUSDT - SETUPMCUSDT price sitting at a critical support zone area and holding it for a long time. Now it is a test for bulls to show some movement and try to make a rally. Let's see how price action develops.
$MC/BTC 2h (Binance Spot) Ascending triangle breakout & retestMerit Circle regained 200MA and successfully pulled back to 50MA after, printing a golden cross!
Current Price= 0.0001191
Buy Entry= 0.0001161 - 0.0001113
Take Profit= 0.0001294 | 0.0001419 | 0.0001632
Stop Loss= 0.0001032
Risk/Reward= 1:1.5 | 1:2.69 | 1:4.71
Expected Profit= +13.81% | +24.80% | +43.54%
Possible Loss= -9.23%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 1x | 2x
Estimated Gain-time= 10 jours