The long term consensus for 
MC is still bullish . In this bullish context , it has formed a flag pattern on the daily chart which is a continuation pattern looking to be confirmed by a breakout . If this pattern is confirmed by a significant breakout and a close above the upper line , then the price would have a high probability to continue upwards toward the (847-852) area .
If price fails to break above the upper line and breaks below the lower line , then we could wait for price to return and find support on the 598-602 area , and look for a potential buy opportunity depending on the market conditions .
If price fails to find support on the 598-602 area ,the. we could expect a return to around the 558-562 area , and look for a potential buy opportunity depending on the market conditions.
Stay tuned for any upcoming updates .
Requests,Suggestions and Remarks are all welcomed .
https://www.tradingview.com/x/hCuPacZZ/
MC is still bullish . In this bullish context , it has formed a flag pattern on the daily chart which is a continuation pattern looking to be confirmed by a breakout . If this pattern is confirmed by a significant breakout and a close above the upper line , then the price would have a high probability to continue upwards toward the (847-852) area .If price fails to break above the upper line and breaks below the lower line , then we could wait for price to return and find support on the 598-602 area , and look for a potential buy opportunity depending on the market conditions .
If price fails to find support on the 598-602 area ,the. we could expect a return to around the 558-562 area , and look for a potential buy opportunity depending on the market conditions.
Stay tuned for any upcoming updates .
Requests,Suggestions and Remarks are all welcomed .
https://www.tradingview.com/x/hCuPacZZ/
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.