The similarities between the 10 September - 15 November 2018 and the 01 February 2019 - today price actions are more than visible. There is a very high chance of the pattern repeating itself is the 630.000 Support breaks. The target would be 365.000 where long term investors can buy again for the next bullish leg.
In my eyes MKR has a big chance of being one of the big ones in crypto space, like Ebay, Facebook, Google are on the traditional internet. Bet accordingly, only 1 million shares and they are being burned every day!
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot appears you buy, if a...
I recommend taking a Short Position on this coin.
The EMA (200) is currently below the price bar which signals a downtrend, the EMA (50) just recently crossed the price bar which could mean a further drop in price.
The RSI shows price line to be at 47% which means price could still move higher in the future.
MKRUSD price is up over 25% in the past 24 hours making it the biggest gainer today out of the 2,000+ cryptocurrencies. The reason is due to the $16 million investment into the platform by Horowitz's fund, and Augur's announcement that it will integrate DAI.
MKR hit its ATH back in January when the price reached $1673, so the market is still a ways away from that...