$MCO- Monaco Madness- Do You See What I See?Anyone looking for a 12-96 hour window to make some money should take the time and analyze this chart.
What We Know and Why:
MACD Cross indicates bullish trend (Pattern Review)
Upward Trend (MACD Cross)
At A Relative Low Point
What We Don't Know:
How many Satoshi we should set for take profit. Don't be greedy folks
I see a pattern here within this chart and I want to know if you do too
As always, constructive criticism is preferred; Compliments secondary ;)
Happy Trading Folks
MCO
MCO-BTC LONG #BITTREX
Coin MCO
Buy Zone 0.001135 - 0.00115000
Sell in
Target 1 = 0.00119329 (5%)
Target 2 = 0.00136352 (20%)
Target 3 = OPEN TARGET
Stop Loss = 0.00098714 - 0.00097348
MCO Breakout Coin 2 weeks = 200+%7 Moving Average crossing 77 on 1 day chart = Bullish
RSI trending up on 1 day chart with room to grow = Bullish
Bullish flags on 4 Hr chart = Bullish
Mac D Positive divergance = Bullish
Bottomed out = the only way is up = Bullish
Do your own research before buying this coin. I am not an expert this is just my thoughts on this coin.
If you would like to tip me with some of your earnings:
My BTC wallet: 1JWGq6YWoENLK1nrRRtCUQeARcod78Za37
My MCO wallet: 0x0fa5f556b1411c14bcc01445f047d75fec4d24c8
MonacoCoin (MCO) Long against USD, trend analysisHoliday 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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MCO/BTC BTRXIt seems that it is starting a new market cycle.
1h and 6h Stoch RSI looks good
12h and 1d Stoch RSI seems to reverse
Currently building support and trying to break 1h, 12h and 1d Ichimoku Cloud.
MACD looks good and on 6h it seems to reverse.
Heikin Ashi looks good for multiple timeframes except 12h
MCO / BTC Bullish divergenceDon't be afraid of the last MCO, pull back, the chart is still pretty bullish for my opinion.
You can see bullish divergence on 3 indicators.
Take care.
MCO - Buy Point - ShortMCO has increased substantially in the wake of the BTC uproar and immediately subsequent downtrend. As we approach a new BTC "norm", we should be prepared to take advantage of BTC HODLers dumping Altcoins at sub-optimal prices to re-enter BTC holds.
MCO has tested an apparently solid support line just above 0.001 BTC/MCO. If it holds to its current uptrending channel, MCO should see a low of ~0.00095 - 0.00105 BTC/MCO. This can change quite quickly if BTC continues to run toward $17,000 - 17,500; this would drive most Alts down after a short-term pump, as it has done in the past. Realistically, 0.0011 should be a comfortable short term sell if you are in at a low point in the channel. If you are open to higher levels of risk, you can target somewhere around 0.0012+, but be mindful of the upper channel limit and to what that value is equal when the upper channel limit is tested.
One additional factor to keep in mind is that we are testing the MCOUSD 14-day MA price point. If BTC moves to ~$16,000 - 16,500 today and we remain within 5% of the 14-day MA price point, only a major BTC uptrend will dethrone MCO's next run up.
I will be targeting a buy-in of 0.001 with 40% of my investment and a subsequent target of 0.00095 with the remaining 60% of my initial investment target.
If BTC forces a short term decline/adjustment in MCO, then I will be targeting a value of 0.0008235 ($14/MCO & $17,000/BTC) with an investment equal to the total initial investment.
If BTC moves past $17,500, I will sell at a loss and re-buy when BTC is ~$18,500+.
As always, best of luck on your trades, research until your eyes are practically dried up prunes, and never "bet" more than you can lose!
Cheers,
-Jordan
MCOBTC - Accending triangleHello,
We have an accending triangle here. Just wait for the triangle breakout.
Target is about 0.00185 (fibo level + triangle tp)
Stop loss is 0.00075( last price swing)
Take care.
MCO Recracement Completed Now time to check TIMEMCO is valuable coin and they have two events at 24 December and 31 December just saying MCO.
MCO found support and reboundingMCO appears to have found support at 80k sat after the sell-off from the latest exchange news. If it continues on the current trajectory, I expect it to either complete the cup and approach the 127k sat level or hit resistance at 120k sat and continue trading within the large wedge until next week. Any thoughts or constructive criticism are welcome.
Take a look at MCO!MCO is bouncing off supports nicely, it might be time to buy soon before it breaks the resistance
MCO correction phaseThis is my first chart. I'm foolishly sitting on a big pile of it and trying not to hit the panic button. Basic 5 wave up with ABC correction.?
MCO to higher highs?was bullish on MCO yesterday and now it appears it is breaking out.
i wonder what news will justufy this price rise??
MCO BreakoutPotential breakout occuring as we speak on MCO, I would buy near the resistance line and set a stop loss below that resistance line.
mco news feeded riseMCO gonna launch new credit card, and be added on 4 exchanges on dec 14th... good TA also
MCOBTC one-two punch!5 Asians exchanges announced and then began trading including korean-Bittrex UPbit. 5 new exchanges will be added this week according to Monaco card CEO.
We’re happy to announce that NEXT WEEK $MCO token will be listed on several Korean and Japanese exchanges. One-two punch! @monaco_card
BUY NOW 0.0010
TARGET 0.0015
MCO BTC - Trade structure you might not want to missMCO BTC gave almost 150% in matter of 24 hours on 5 exchange listings and the launch of new debit card.
But, what goes up, always comes down!
On 1 hour chart, we see the following:
- Elliott wave formation
- ABC formation can take place
- previous support (green line)
Buy orders can be placed around 0.0009-0.00092 area with stop loss defined via red line on the chart. First target can simply be the (B) level mentioned on chart. If that is crossed, we are looking at 0.00160 again.
happy trading :)