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Bixley
Nov 24, 2021 9:56 AM

MKRUSD Analysis 

Maker / United States DollarCoinbase

Description

An idea for MKRUSD
As you can see on the fib circle multiple supports have been claimed on the way up to the formation of this bullflag / symmetrical triangle
Price is also supported strongly by this blue MA line, which has previously been a strong level of bullish rejection
Arrows placed show the transition from the bears dominating to the bulls
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