The crypto markets are warming up so I am back to trading. This summer will be epic with US govt messes, BRIC and who knows what else. It looks like the FED, Congress, IRS and Sam Bankman Fried are all the same! Out to get our money at all costs and they make the rules. Thats when I say "screw it" and just focus on the data.
Maker daily chart shows price action is above 100 and 200 day moving averages. The daily volume has been low since March 11 when we dropped below $600. This is accumulation. The chart looks like early bull market stuff but I am only in for a trade. Stock markets closed until Monday. I will be selling above $800 before then if my speculation is correct! : )
Long MKR $721
Target $800
Stop Loss $688
This isn't financial advise of any kind. I am putting this information out for educational purposes only. Good Luck
Maker daily chart shows price action is above 100 and 200 day moving averages. The daily volume has been low since March 11 when we dropped below $600. This is accumulation. The chart looks like early bull market stuff but I am only in for a trade. Stock markets closed until Monday. I will be selling above $800 before then if my speculation is correct! : )
Long MKR $721
Target $800
Stop Loss $688
This isn't financial advise of any kind. I am putting this information out for educational purposes only. Good Luck
Trade closed: target reached:
Trade closed 798.99 Sunday 4-16-23 10 pm cst.