Get ready to become rich, folks🔥
There is one more interesting formation on crypto market.
Symmetrical triangle on MKR/BTC crypto pair.
There was a strong and confident bullish sentiment before.
It could be a good confirmation for bull traders.
According to Elliott Waves theory Wave C is done and now price is heading to Wave D.
However this formation may...
This trade is a mid / long term trade.
MKR BTC 4h
Downward wedge bouncing between
.382 & .236 fibs.
We want to break above the resistance we are
getting from avwaps monthly open and all time
high. Break up and retest will signal a
successful retest of the RSI 50.
This is not financial advice. I just like to draw lines and color.
MKR BTC 4h
Downward wedge bouncing between .382 & .236 fibs.
We want to break above the resistance we are getting from
avwaps monthly open and all time high
Break up and retest will signal a continuation.
Already had a successful retest of the RSI 50.
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at...
Maker DAO’s MKR token is one of the oldest DeFi assets. Like many other crypto assets, it posted stellar gains this year. Yet in BTC terms, it’s still well below its all-time high of 0.18 that was observed in 2019.
After a surge to above 0.08 BTC (a level also last seen in 2019), MKR was heavily sold throughout February.
We’ve asked Hybrid Intelligence the...