Monaco (MCO) Breakout - Additional Gains Possible

Updated
Great breakout for Monaco (MCO). Now sitting above the 200 EMA line (broke and closed above it on the daily time frame).

This looks good. Good potential for further gains.

There will be a huge retrace, YES, but still the resistance was broken, so it might continue to go up.

Note: This is not a trade.

This is no trading advice. Please trade at your own risk.

If you want to trade Monaco now, please wait for the retrace and a good entry point.
Think carefully before buying; capital management, diversify and only invest money that you can afford to lose.

Thanks a lot for reading.

Namaste.
Note
Weekly chart shows that there is room for more action... snapshot

What's your take on this one?

Please share on the comment section.

Thanks again for the continued support.
Note
Yes, there is plenty of room left for Monaco (MCO) to keep on growing, specially if the market turns green.

Both the daily and weekly charts show clearly that this is possible. So if you want to go long on this coin, feel free to hold.

4h: snapshot

1d: snapshot
Note
The signals are there. Monaco (MCO) is loading up, it can shoot up anytime in the coming days, can happen within this same quick.
Trade active
Monaco (MCO) is now safely trading above the EMA200 line and getting ready for an increase in price.

snapshot
Note
Monaco's (MCO) new website: crypto.com/
Note
Monaco continue its climb up: snapshot

And trading within an ascending channel: snapshot

UPCOMING EVENT -> Monaco (MCO) - 09 July 2018 - Pub Summit
"Pub crawl hosted by Monaco on 9th of July in Hong Kong. Organised for RISE attendees."
alanmastersBeyond Technical AnalysisbinanceBitcoin (Cryptocurrency)BTCTechnical IndicatorsMCOMCOBTCmonacoTrend Analysis

🔝 Daily Cryptocurrency Technical Analysis
followalan.com

🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Also on:

Related publications

Disclaimer