Description
⋅ This chart is very interesting because of so many signals to look at...
This is MKRBTC (Maker) with 3 days (3D) candles.
Let's get straight to it!
Maker vs Bitcoin (MKRBTC) Bullish Chart Signals
- We have the "w pattern" in blue. Signals a low/bottom.
(After a low/bottom prices grow).
- We have a low 12-May followed by a lower low 13-June.
(The "same pattern", this can lead to a strong bullish breakout).
- Very strong 3D reversal candle 12-June.
- Currently trading above EMA50.
- Very strong value on the RSI indicator.
That's all... These are all bullish signals.
The targets are on the chart.
Namaste.