paultje

MCO/BTC Symmetrical triangle + possible cup and handle pattern

BITTREX:MCOBTC   None
This is not a trade yet, but i will put MCO on my watchlist. The overall uptrend trendline forms a symmetrical triangle, MCO will squeeze within the upcoming months, possibility to breakout bullish. Also a nice cup forming, the future will tell if this is a confirmed cup and handle pattern. If it works out (hopefully it will, then this will be a valid trade) the target is 155k sats (0.786 fibline)

Buy orders could be placed around 86-80k sats.

This is not financial advice.
If you have any feedback or remarks, please feel free to comment below.

Peace and trade safe!
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.