Dear crypto traders,
Back in the game this sunday after calling a nice shot yesterday for BITFINEX:ETHUSD 0.49% , this time i come with another fractal that i spotted, this one is for BINANCE:MCOBTC -2.02% , in the lower part of the screen you can see the previous ascending channel before the run up that took place in April, the pattern above has formed in 20% less of time that the one bellow.
My calculations say its more likely to happen in the beginning of the week, but it could also take a bit longer and its in time for some BINANCE:MCOBTC -2.02% news to come later in the week, is not the first time that i see a nice fractal playing out and a very good timing from the team to ignite a run, looks for news on the 14th, anyways the only way from MCO 1.02% to go is up at the moment.
Apart from this technical analysis the news in the past days about the rebranding are positively affecting the token, the domain Crypto.com has been acquired by them and they are rebranding the organization to it, furthermore one of their main offerings is a cryptocurrency visa card which are being tested by the team and we can expect anytime a beta to users.
As usual, this is crypto , put always your stops tight.
Have a nice rest of the sunday.
Rob