Another solid trade for your guys. Monaco (MC) is one of the cryptocurrencies that are trying to make it easy for you to spend your virtual money. They have a product where they offer their clients a debit card, with which you can spend your cryptos. They are facing some problems, but this is no big deal, there will always be challenges, we just have to overcome them.

This is a strong coin that knows how to pack volume. When it takes off, it is going to be a fun and profitable ride. We will enjoy watching our money grow as our MCO coins grow in value. Yes, that is definitely happen, if you do believe me, let’s confirm with the charts. I believe they have something to say…

 

Monaco (MCO) – Alanmaster.com Trade Analysis

Instructions

Buy-in: 0.001000 – 0.001385

Targets:

(1) 0.002155
(2) 0.002955
(3) 0.004185
(4) 0.005015
(5) 0.006235 (All time high)
(6) 0.009485 (New all time high)

Stop-los: 0.0009459

 

Indicators

  • Can’t say that Monaco (MCO) is in an uptrend, so we keep a short stop loss but, this is a very strong coin and it is looking for some action. One of the things I liked the most where the indicators on the daily chart. They are all showing plenty of room for growth.
  • The MACD is doing a trend reversal, to wake up from the earlier correction and is pointing upwards now. There has been a fairly long period of accumulation in the past few days after MCO broke out of its big decline.
  • The DMI and STOCH and interesting on the daily chart. These indicators are good, they are sitting at the bottom, which means that the only way to go is up. But they can still use a nice push in order to get this coin going. We will be holding patiently until the time comes.
  • Today’s candle is positive on the daily chart and the day is about to close. This can translate into a good projection for tomorrow and the week that is about to start. Here is the chart for your entertainment: Monaco (MCO) Alanmaster.com trade analysis
  • As for the weekly chart. The indicators also allow for massive growth, and the chart formation is one of a coin that wants to trade new highs. Let’s join and enjoy the ride.

 

Message about life

Live your life everyday like it is your first day, not the last. Open to new ideas, experiences and with the innocence to allow anything to pass.

Feel free to let others be, whatever they want to be in your life.

Don’t worry about what “might” happen, focus on your own thoughts, your own behavior and how you can be of help to everybody with whom you interact.

Go day by day knowing that everything is always going to be great for you. There might be challenges and fear, but these are chosen by you.

Know that everything that comes your door, you were the one to call at some given point in time.

So accept it for what it is. Learn your lesson and it will soon be in the past.

We are here to grow our essence, so experiences is what we want.

Accept them for what they are…

And before you know it, you will be making huge changes in your life.

FOR THE BETTER!!!

Namaste.
Mantra: “Om Stanesha Vahtu Nevehem”

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