#MCO looks prepared for the 3rd wave, 2nd wave normally retraces 61.8% (upto 100% in some special cases), here we can see that 2nd wave has retraced almost 68.1% of wave 1 around 63k satoshi, and looking for the next impulse wave, make sure to join the ride coz wave 3 will have high intensity and will go up quickly. a normal wave 3 could go from 100-161.8% of wave...
Technical analysis:
. MONACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. MONACO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00064900 to 0.00056070). if so, traders can set orders based on...
Technical analysis:
. MONACO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.018500 to 0.015200). if so, traders can set orders based on Price...
