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MKRUSD

MKRUSDT (MKR) - UPDATE ANALYSIS 🔎 - MKRUSDT brokeout above the descending triangle's inclined resistance and hit an ATH . - The market then retraced for a retest of the flip horizontal support (S1) and fibonacci retracement levels. - A bullish pin bar (hammer) was formed at the retest area. - Price action is printing a descending triangle pattern . - There's a possible uptrend continuation. BUY ENTRY ⬆️ - Breakout above the descending triangle's inclined resistance. TARGETS 🎯 - Horizontal resistance level (R1). - ATH resistance - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the descending triangle's horizontal support.
Long
by Chibuike_Odoh
MKRUSDT (MKR) - UPTREND CONTINUATION ANALYSIS 🔎 - MKRUSDT brokeout above the descending triangle's inclined resistance and hit an ATH. - The market then retraced for a retest of the flip horizontal support (S1) and fibonacci retracement levels. - A bullish pin bar (hammer) was formed at the retest area. - Price action is printing a symmetrical triangle pattern. - There's a possible uptrend continuation. BUY ENTRY ⬆️ - Aggressive entry (risky) : current market price (now). - Conservative entry : breakout above the symmetrical triangle's inclined resistance. TARGETS 🎯 - ATH resistance - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the symmetrical triangle's inclined support.
Long
by Chibuike_Odoh
2
Optimistic price projection for the next scenarios in MKRUSDT 4HTechnical analysis regarding the price of MAKER in relation of dollar Tether for the next scenarios, based on 4 hour movement. Price broke through this bullish channel which also coincides with a region of considerable resistance. Financial volume gaining proportion also making the candles normal and proportional to the volume that is readjusting in its main upward trend. Parabolic SAR gaining oscillation at low price, guiding you. Exponential Moving Averages gaining significant distance and following the primary upward trend! I strongly believe in the potential of this cryptography in the medium/long term. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Long
by luizhcruz
1
💡Don't miss the great buy opportunity in MKRUSDTTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (1360). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MKR/TetherUS is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 57. Take Profits: TP1= @ 1547 TP2= @ 1630 TP3= @ 1715 TP4= @ 1801 TP5= @ 1976 TP6= @ 2200 TP7= @ 2500 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
13
💡Don't miss the great buy opportunity in MKRUSDTTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (1360). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MKR/TetherUS is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 57. Take Profits: TP1= @ 1547 TP2= @ 1630 TP3= @ 1715 TP4= @ 1801 TP5= @ 1976 TP6= @ 2200 TP7= @ 2500 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
18