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MKRUSDT

Daily MKRUSDT is in a very promising scenario! What do you thinkTechnical analysis regarding the price of MAKER in relation of dollar Tether for the next scenarios, based on daily movement. The price is moving sideways and may be accumulating for a new impulsive wave formation. The price has come and gone in a very considerable upward trend, which I believe will last longer! It is just taking a breath to have a new price boost and, if you break this resistance region (upper red line on the chart), you can get the $ 2,884 dollars. I emphasize here that nothing is 100% concrete! I am passing my perception on the current scenario and it is not a recommendation to buy. Use for didactic purposes and carry out your own analysis on. Take only as a speculative basis. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Long
by luizhcruz
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