- Here we have good consolidation, good volume coming in and prices moving above EMA10 (green line on the chart).
- The "moving above EMA10" signal is only confirmed when the weekly candle closes, which is after Sunday. If prices move and close below EMA10 weekly you can disregard this signal as it is invalidated.
When the signal is yet to be confirmed, we call...
Maker holds at ascending channel support after rejection at $600.
MKR/USD could explore levels below $500 if the 50 SMA support caves in.
Maker, a leading project in decentralized finance (DeFi) is showing signs of retreat. The bearish outlook comes after another rejection from $600. At the time of writing, Maker is exchanging hands at $535. It is also...
Buy on 1 hour chart
Buy on 7h chart
Sell on 1 day chart
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