Updated
Monaco Day Trade Opportunity MCO/BTC
Monaco increased ~15% today in a very bearish crypto market. Since it is one of the only coins in the green, I expect to see some pullback unless we break the most recent previous high of 938 sats which falls on the 1 Fib level.
Bulls still have strength over Bears according to 1HR ADX so we may continue a further uptrend
But given that everything else is in a downtrend, I don't believe MCO will be able to continue its bull run.
Stop Loss set at 900 sats
Bulls still have strength over Bears according to 1HR ADX so we may continue a further uptrend
But given that everything else is in a downtrend, I don't believe MCO will be able to continue its bull run.
Stop Loss set at 900 sats
Note
Note
Note
Time to Short?Broke 1 Fibonacci Level and found Resistance at 1.618 Fibonacci.
Completed Elliot Impulse Wave Pattern
Bear Flag formation after reaching new recent high.
Note
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.