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MCOBTC

Monaco is set to launch now that the competition has failedMonaco is building a fiat gateway (similar to Coinbase), and partnered with VISA so you can spend your different crypto coins anywhere with a regular VISA card (NFC supported). This project is really undervalued at the moment. If you look at the graph you can see this project hasn't mooned in the past few weeks like all the others, so it's still worth investing in while it's low. However the major reason I'm posting this is because all the competition (TenX, Centra) has got suspended by VISA because their card issuer (WaveCrest) was not compliant with the rules. It seems Monaco was doing their business properly and that's why they were a bit behind TenX. But now they are NOT AFFECTED by this VISA ban, which means they will be market leaders soon. Also their users will receive their Monaco Visa cards soon (I assume within a few weeks) which is another reason for mooning. Read about the VISA ban: Source 1: thenextweb.com Source 2: www.telegraph.co.uk
MLong
by Vinterfell
8
MCO/BTC TA This is merely the scribblings of a novice giving technical analysis a try. I have been learning about elliot waves, cup & and handle, fractals(almost more challenging than elliot waves) and genrel trend observations along with divergence to try and better understand the overall movement. for the micro movements create a lot of panic. If anybody out there can provide some constructive criticism to my drawings, please feel free to do so. Also, as a disclaimer, this is in no way advice that should be passed to another individual. It is merely my idea and not intended as financial advice; I am looking for that myself.
MLong
by GiovanniCiaglia
Monaco MCO/BTC manages to stay on the trend and is headed upMCO tried to break the up trend a couple of times but the support was strong. This is a very good sign and I expect the price to continue to grow and possible break the triangle on the 4H chart above 0.00150000 this month. Of course this is crypto so trade at your own risk, and don't be mad if it goes up 100% but you sold too early:D #hodl BUY: between 0.00100000 and 0.00110000 Stop at: 0.00095000 Targets: 0.00125000 +20% 0.00145000 +40%
MLong
by KashkavallaNEW
MCO Monaco possible 250% gain ?Monaco seems like found solid support around 5000 round level, marked with green line. We could even say that pair created some kind of triple bottom(marked with three blue arrows). Monaco should appear on multiple exchanges soon and I assume it should make this coin move towards north in near future. ...so far it moved till 15000 level and retrace back to 10k which was defended in good fashion. I would say that 10k is new psychological round number. ...200 ema is playing good role in keeping the pair above mentioned levels above. I think TP area would be between 25000 and 30000 which gives us 250% gain mentioned in title
MLong
by Krystiannwk
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
MShort
by jhindman989