MCO/BTC (New ATL)💎Technical Analysis Summary💎
BITTREX: MCOBTC
-MCO closes the weekly candle below the major support area
-It also created a new All Time Low price
-With the Bearish engulfing candle
-It is a high risk buying this coin without any sign of strength
-The price could go deeper and catching a falling knife is dangerous
-Please don't invest or trade blindly
A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
MCOUSD
MCO/BTC (Retest Key Level of Support)💎Technical Analysis Summary💎
BINANCE: MCOBTC
-MCO rejected strong at 5000s sat area
-The price is on a downtrend heading to the key level of support
-The 3500s sat area would be an opportunity for the Bulls
-If the can defend that region in the coming weeks
-If you are looking for a safer trading entry
-Wait until the midterm trendline resistance is broken upward
-This will increase the chances of a reversal
-The price target is up to 5100s sat or higher
A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
MCO - Ready to take flight!MCO has broken out of its descending channel and is on its way up. Bullish price action, bullish MACD, and the price has cleared a clear resistance level. I'm long here.
MCO/BTC (Test the 200D MA Resistance?)MCO/BTC
-MCO found support at previous resistance zone last August 2019 trading action
-The 3500 sat zone is now confirmed as a strong key level of support
-A massive pump happened and broke the trendline resistance
-Currently, the price is holding above the previous support area
-This is a sign of strength after the strong breakout
-What MCO needs to do is to break the local resistance around 5000 sat level
-If that happens, the chances of testing the 200D MA dynamic resistance is high
-This is momentum trade setup so please use proper stop loss or tight SL
MCO probable scenariosThere are still that gap to be filled on the lower end, so i can see either a $6.30 -> $6.60 and $6.70 -> $7.10 as bullish scenario and a $4.93 -> $4.55 and $4.49 -> $4.00 on the bearish side of it
THIS CHARTING IS NOT TIME SENSITIVE!
GREAT TIME TO GET CRYPTO.COM CARD OR UPGRADEI personally own jade green and it works perfectly, looks like $MCO finally found a bottom. Good time to upgrade your current card or get one. Best crypto card on the market with great benefits.
MCOUSDT formed bullish Gartley | Upto 66% move expectedPotential reversal or buying zone: $4.1271 to $3.3839 (the max extent of prz should be used as stop loss)
Fibonacci projection or sell zone: $4.4807 to $5.6408
Regards,
Atif Akbar (moon333)
MCO/BTC (Last Fib Support)MCO/BTC
-the price is slow approaching the last fib support level
-including the minor consolidation last Oct 2019 trading history
-I advise you to enter a buy position only if there is Bullish strength
-but if this level breaks like a hot knife through butter
-we will likely see a revisit of the low at 3000 sat range
-and potentially form a double bottom reversal
MCO/BTC (Major Support Failed)MCO/BTC
-broke the major support zone at 4700
-the next strong area of confluence is at 3600-3400
-I'll be looking for good re-entry if we get there
Will #MCO rise towards $10? Will #MCO rise towards $10? It is another very risky coin. #crypto
I am using my super algorithm indicator for determining the direction.
Yo No La Paro $MCO #MCO @cryptocom
Weekly
Looking at our highest timeframe we can see MCO continues to respect its uptrend starting in 2019. Stochastic RSI showing momentum is in favor of the bulls with no signs of slowing down. The last 6 weeks have left price in a tight zone, struggling to close above $5.55 and below $5.10. Starting on the week of March 16 we also see a minor uptrend that leads to an ascending triangle, leaving us with the impression we will be breaking out.
Daily
Shifting over to our pattern timeframe we get a better look at our triangle pattern, stochastic rsi showing momentum was in favor of the bears before bottoming out. Price needs to close above $5.55 to reach our next target at $6.40, rejection from this level, and expect a sell-off to $4.58. The fundamentals behind this project have me convinced this project will be here for a while. A daily close above $5.55 activates our trade, rejection from this level, and we sell-off.
Ascending Scallops MCOBTCAscending scallops
bullish continuation
Nice buy into the scallop
Here are some results for the ascending scallop
This chart is a long timeframe scallop results should be observed as the bullish break.
Cool project
MCO vs USDOLLAR fractalComparison fractal of MCOBTC to USDOLLAR, very strange to see this correlation across such different pairs. Any thoughts? leave them below :) It can be seen that an ascending scallop led to a bullish breakout in both.
MCO Has Golden Cross & Daily MACD Goes Bull - Get Ready!I got my eye on MCOBTC (Crypto.com) at the moment for some very bullish signals coming our way. Looking at the daily chart, we can see the coveted Golden Cross occurred back in November as the MA50 crossed the MA200. Since then, the price action has been riding the MA50 for support all the way to resistance. If we can get some volume and push beyond those resistance levels, that would be a big buy signal for me. Buy the breakout!
MCO COIN More to come. Entry now will be a form of gamble as MCOUSD continues to show downside trend within the resistance band.
MCOUSD is holding strong to 50 SMA but a break below this will means the next strong resistance line will be tested.
Wait a little more before entry will be a more rationale position
TradingView Glitch Resolved! C&H MCOUSD shortPlease forgive me as I will be focusing much less on daily publications and much more on the tech aspect of “ Fintech ” — a critically wonderful boggling, paradoxical blockchain technology !
Now I will still be posting semiweekly publications (at least 3 to 5 a week) I just wanted to let you guys know what was up in regards to why it’s been so long since I recently published anything in addition to the fact that I’ve been traveling and my itinerary is been swamped, thankfully I hired a social media management director so instead of repeating myself like a nub choosing which platform to post on, therefore choosing which platforms to neglect— I’ll let her figure it all out cause idgaf about analytics or buffer or social engineering— I just text this lovely lady whatever is on my mind beit a forecast / TA / publication / oped / article / etc. And from there she’ll work with me on spreading/maximizing my content (because you’d think after 5 years of doing this religiously my dumb was would have figured it out by now) but I am seriously an idiot in this SM game so I’m happy to pay someone to save me hours of time trying to play a game that has always been a means to an end and nothing more.
With that being said we have a cup and handle on MCO USD as always T P 1-3 are indicated through green horizontals, Stop loss set @ red horizontal.
Please check out https://twitter. com/ a1mTarabichi/ status/ 1230706019078041601?s=20ecent for the COMPLETED update on my:
“Cryptow1Z’s T- line CC Sadler hit n’ run Crystal Ball”
For those of you that are curious and too lazy to go to @a1mtarabichi on Twitter :) I’ll update this post later so you can get a better scope of what it is—
Essentially combining lazy bears (with his permission) all to popular sqz_mom as well as the ultra popular built in MA indicators into one elegant unifying indicator (Takes some getting used to but much less messier than having both indicators active) also having figures calibrated to fit the ever-growing volatility of EMA8,12,15,21 in this crypto / commodity forex market! Not to mention for those of you too cheap to get a Pro/Premium subscription -- this is a perfect way to combine two quintessential indicators into 1 therefore freeing up 1/4 of the precious limited indicators allotted to you =D
More details to be uploaded..
TGIF!!
@a1mtarabichi
P.S. Leaving this publication neutral as it is primed for a long position on BTC pairing yet optimal for shortsell on MCOUSD.
Will update later today.
Peace & LOVE!
-mT
MCOUSDT - moving higher Resistance at 4.30 range has now become support. There is nothing in the way of MCOUSDT all the way to 7.50 range. Also the fundamentals of MCO are positive indicating growth as they acquire additional users over the coming months. A strong BUY.
MCOETH PARABOLIC SHORT SURGE!!No oped on this publication -- brief, short, concise. MCOUSD in itself is now facing a near 10 month bottom; with BTC struggling to break $7180 resistance; it looks like ETH is looking fairly bullish on ALL pairings -- coupled with the positioning MCO is already poised for a price surge via USD / BTC; therefore (out of sheer curioisity) I decided to check pairing on ETH which I had presumed would be a straight line facing upward and damn was I close... what a great catch!
Let me publish NOW before I start rambling on and and on and this forexsignal becomes a FOMOsignal:
TP SHORT @ 0.03201942 MCOETH
STOP @ 0.01697 MCOETH
DIsclaimer
Not financial advise!
MCO-MCOBTC-
It is supported at 0.00055222.
Check if you can continue to receive support.
The 0.00055222 point has become a very important point and should be able to react boldly if broken.
Careful handling is necessary.
-MCOUSD-
It is supported by 100MA.
I broke below 3.90656900, but I'm seeing support at 100MA, so check if I can continue to get support.