TradingView
ForecastCity
Jan 7, 2021 4:15 PM

💡Don't miss the great buy opportunity in MKRBTC Long

BITFINEX:MKRBTC1D
MKR / BitcoinBitfinex

Description

⋅
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0233).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. MKR/BITCOIN 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 65.

Take Profits:
TP1= @ 0.0352
TP2= @ 0.0415
TP3= @ 0.0538
TP4= @ 0.0624
TP5= @ 0.0734
TP6= @ 0.1000

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, ❤️
Trend AnalysisChart PatternsTechnical IndicatorsMKRBTCmkrbitcoinBitcoin (Cryptocurrency)
Comments
Lizabet
⋅
Good analysis as always! Simple, clear, and detailed. Thanks!
ForecastCity
⋅
@Lizabet, You're very welcome!
ForecastCity
⋅
@Lizabet, We appreciate your comment.
davidgolandak
⋅
This is great. Very helpful. Thanks
ForecastCity
⋅
@davidgolandak, You're very welcome!
We hope you enjoy it.
Kristalyn
⋅
I hope to get more ideas like this 💐
ForecastCity
⋅
@Kristalyn, Thanks for your support.
Pro_Trader_007
⋅
Very nice. Thanks.
ForecastCity
⋅
@Pro_Trader_007, You're welcome.
More