This is a strong coin that knows how to pack . 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…
Buy-in: 0.001000 – 0.001385
(5) 0.006235 (All time high)
(6) 0.009485 (New all time high)
- 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 . They are all showing plenty of room for growth.
- The 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 are interesting on the . 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.
- Yesterday’s candle closed full green. This can translate into a good projection for today and the week that is starting.
*** 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!!!
Mantra: “Om Stanesha Vahtu Nevehem”
Please allow 1-2 weeks for this trade to develop.
Feel free to buy-in, re-buy and reload.
I am still looking at Bitcoin and waiting for stronger signals as to when we will start to move back up.
For now we hold patiently.
I am not closing any of our trades since this is a market wide correction.
P.S. Tomorrow we will have a better understanding as to where Bitcoin is going, but we will resume trading soon.
Thanks for your support. I love you!
On the other hand, this coin was Pumped and Dumped earlier today, here is a quick example, this can be good for your learning. You can clearly see how a Pump & Dump looks like, a 30 minutes candle on the chart below, but the pump and dump all happened in a short 10 minutes. You can start to understand how this works, this is just some sort of quick scam for people who organize this.
Monaco (MCO) 30 minutes chart:
Now this is no big deal and this does not affect our trade. As you can see this only lasts a few minutes and life goes on.
This is not what we do here, here we have very good trades, planned for the long term based on chart analysis.
Do not worry about the learning above, this is no big deal and these happens all the time in these markets. Many group make money this way, pumping and dumping to earn 10-15% in a few minutes, but that is a very bad, short term view and short minded strategy. It is better to aim big and win big.
Feel free to hold patiently this trade.
Here is the daily chart, from close:
Here is a wider version which shows that the potential is intact:
Once the market starts to move again, expect this coin to grow big and fast. It has been consolidating for a very long time. Long enough to achieve the type of growth we are used to and like once the market is back on bull mode.
I will be posting an updated trade analysis for it.
Thank you for your patience and your continued support.
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