MCOBTC AltRegression trend of 0.92 looks positive, hit support turned resistance, possible breakout of downward trendline.
Monacoforecast
MONACO CUP AND HANDLE!Monaco has given its price signal by the breakout it made yesterday, and we can see a lot of indicators such as EMA 20 crossing EMA 200 in 1h time frame and also it has been on a falling wedge reversal and with this signal we have the confirmation of it making the cup. So we are hading to 0.0014 price level from there we should be making the handle and after that we should see if its going to be the blue pill or the red pill depending on where the market is. And now is the best time to buy as the we have retraced from the signal and we have 1h stoch at oversol and demarker showing reduction in demand since the signal. And we have been seeing big red Elliot waves before and for a decent amount of time and now the market is going green again with the Elliot waves so now it is buy buy buy!!
Target for this trade: 0.0014-15 BTC.
Good Luck, traders!
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