MC/BTC - Merit Circle: Trend_Reversal
◳◱ An intriguing development has unfolded on the 
MC / 
BTC chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.00001668 | 0.00001839 | 0.00002246 and the significant support levels found at 0.00001261 | 0.00001025 | 0.00000618. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 0.00001478, allowing us to take advantage of the projected trend continuation.
Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies.
◰◲ General info:
▣ Name: Merit Circle
▣ Rank: 142
▣ Exchanges: Binance, Hitbtc
▣ Category/Sector: Financial - Gaming
▣ Overview: Merit Circle is a decentralized autonomous organization (DAO) focused on increasing accessibility and participation in the play-to-earn gaming industry by providing educational opportunities and 'scholarships' (in-game assets on loan) to people from around the world. In addition to profit-sharing with 'scholars', Merit Circle grows its treasury by holding various assets (i.e., game-related NFTs) and early-stage financial investments in Play-to-Earn games. Merit Circle's token (MC) is used to govern the Merit Circle DAO and serve as an index for the Play-to-Earn industry.
◰◲ Technical Metrics:
▣ Mrkt Price: 0.00001478 ₿
▣ 24HVol: 20.964 ₿
▣ 24H Chng: 0.0%
▣ 7-Days Chng: 39.46%
▣ 1-Month Chng: 44.59%
▣ 3-Months Chng: 152.39%
◲◰ Pivot Points - Levels:
◥ Resistance: 0.00001668 | 0.00001839 | 0.00002246
◢ Support: 0.00001261 | 0.00001025 | 0.00000618
◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary: BUY
◲◰ Sharpe Ratios:
▣ Last 30D: 2.94
▣ Last 90D: 3.07
▣ Last 1-Y: 0.25
▣ Last 3-Y: -0.05
◲◰ Volatility:
▣ Last 30D: 1.13
▣ Last 90D: 1.47
▣ Last 1-Y: 1.09
▣ Last 3-Y: 1.50
◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.72 - Bullish
▣ In-depth MCBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
MC / BTC chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.00001668 | 0.00001839 | 0.00002246 and the significant support levels found at 0.00001261 | 0.00001025 | 0.00000618. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 0.00001478, allowing us to take advantage of the projected trend continuation.Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies.
◰◲ General info:
▣ Name: Merit Circle
▣ Rank: 142
▣ Exchanges: Binance, Hitbtc
▣ Category/Sector: Financial - Gaming
▣ Overview: Merit Circle is a decentralized autonomous organization (DAO) focused on increasing accessibility and participation in the play-to-earn gaming industry by providing educational opportunities and 'scholarships' (in-game assets on loan) to people from around the world. In addition to profit-sharing with 'scholars', Merit Circle grows its treasury by holding various assets (i.e., game-related NFTs) and early-stage financial investments in Play-to-Earn games. Merit Circle's token (
MC) is used to govern the Merit Circle DAO and serve as an index for the Play-to-Earn industry.◰◲ Technical Metrics:
▣ Mrkt Price: 0.00001478 ₿
▣ 24HVol: 20.964 ₿
▣ 24H Chng: 0.0%
▣ 7-Days Chng: 39.46%
▣ 1-Month Chng: 44.59%
▣ 3-Months Chng: 152.39%
◲◰ Pivot Points - Levels:
◥ Resistance: 0.00001668 | 0.00001839 | 0.00002246
◢ Support: 0.00001261 | 0.00001025 | 0.00000618
◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary: BUY
◲◰ Sharpe Ratios:
▣ Last 30D: 2.94
▣ Last 90D: 3.07
▣ Last 1-Y: 0.25
▣ Last 3-Y: -0.05
◲◰ Volatility:
▣ Last 30D: 1.13
▣ Last 90D: 1.47
▣ Last 1-Y: 1.09
▣ Last 3-Y: 1.50
◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.72 - Bullish
▣ In-depth MCBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
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