MONACO (MCO) Update: How bad can it get?

in #bitcoin7 years ago

SUMMARY
Monaco will most likely follow Bitcoin's moves as it too has put in a three wave bounce, so far. Unless this three wave bounce converts to a five wave impulse, we need to be on high alert for a resumption of the downward correction.


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BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
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Legal Mumbo Jumbo: 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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Please view @haejin s latest bitcoin video, we are now EXTREMELY CLOSE to the danger zone....

ScreenHunter_38 Sep. 19 00.19.png

UPDATE:
The bottom line has officially been breached. Very quick bounce back, but be very cautious, and keep watching.

ScreenHunter_38 Sep. 19 01.08.png

Can you do an update on NEO? I saw lots of other Chinese cryptos getting some steam. Mybe it's time for NEO.

MCO has a potential to go high.. its ATH is 0.005 last month.

Do bitshares please?

Thanks @haejin! Please keep MCO updates coming.

MCO had a burst up but I feel it may be slow in reacting to BTC and will move downwards shortly... if BTC does

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