TradingView
TriquetraTrad
Dec 2, 2022 3:29 AM

MKR - RECTANGLE BOTTOMS Long

Maker / United States DollarCoinbase

Description

We are facing MKR designing the pattern called RECTANGLE BOTTOMS where the price after fall, stay in sideway (into a rectangle) for period of time before broke it in a upward movement. If you want more security in trade, you can wait the price touch the border inferior but it may not happens because the Stochastic is showing that the baseline's low is more UP now. You can see the same scenario for ADA, RSR, HEDERA.
More