Monaco (MCO/BTC) Could Fly High!! Check out this analysis!steemCreated with Sketch.

in #bitcoin7 years ago

SUMMARY

Here is Monaco (MCO/BTC) putting in the final waves of an a,b,c,d,e consolidation triangle. Now, wave e is remaining and that means one more dip is likely. But, such could be a good time to cast a buy ladder. I explain in detail on my laddering system in this link..

When the MACD indicator also outlines a similar pattern as the price pattern, you have the confluence of bullish indications saying that goods things are likely to happen!!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Follow me on StockTwits for UpDates!!
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf


Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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I've been waiting on this baby to pop for a while now :) Here's my prediction I posted before, along with price targets:

https://steemit.com/bitcoin/@benkalashnikov/monaco-mco-analysis-561-profit-potential

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@haejin thank you so much for your posts! You're creating wealth for others around you, and for that I am eternally grateful. Keep it up mate!

I totally agree. Let's helps others around us with at least some of the wealth that he's helping us create.

The real Monaco's coin is Monoeci ( XMCC) and not MCO ;)

MCO will soon lose his name since Monaco is a TM.

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Word from MCO admin is that some news is imminent :)

Thank you my Zen crypto Master...it looks like Litecoin is breaking out of wave 1 ! & Bitcoin gold on wave 3 !!

Another fantastic breakdown of MCO. Thank You for all your hard work👍

Thank for the information please keep informing us on such news

These kinds of post do not make steem a better place

yes someone had to do it at some stage. Just telling you that shitposting "first" doesn't bring anything to the table apart from flooding. Who cares anyway? It's not 2003 anymore

sorry you was not the first lol.

ps. agree, but a "first" won't ruins steemit.

I was so close!

yep, next time ahaha

last, but arrived with MASSIVE Profits ;)