OK A GAMBLE FOR THIS ONE...
At first i didn't had the need to post this one, but hey if i'm wrong its a lesson as well.
Ok MAKER in overall this month has a pretty nice market going on, i bet that a good swing trader had some great scoring on this one.
what cought my eye is this inverse head and shoulder pattern, and because it needs to touch the support...
Nice symmetrical pattern here. breakout imminent. Could see a little bit of resistance in the 552 area.
***First day of posting would love some feedback***
This chart will either drop now or will make a higher high to complete a lower degree structure before the drop. Either ways i will keep you updated. Remember to buy the low and sell the high.
based on the script to BTC pair:
have a good volume, hammer pattern, big consolidation zone we can expect huge move on USDT pair
wish luck, SOUPP CAPITAL
#MKRUSDT Technical Analysis Update
Reversing From Support Zone
We can see several times MKR touched support zone, now it's trading in the support Level. I believe it's going to bounce from the support level
MKR/USDT currently trading at $520
LONG ENTRY level: $ 500 - 520
STOP LOSS: below $490
Resistance level 1( Target): $555
Resistance level 2 (Target ):...
#Maker DAO is looking ready for a big move up like his little brother Compound already did.
On lower Time Frame we can see an ascending channel forming as well, this could lead the way up if doesn't pull-back more.
Current Price= 544.91
Buy Entry= 544.80 - 534.00
Take Profit= 561.69 | 586.21 | 617.15
Stop Loss= 517.11
Risk/Reward= 1:1 | 1:2.68 | 1:4.21
Expected...
Maker is looking bullish on lower timeframes.
Buy and Sell Signal forecast on 3 timeframes:
Buy on 1 hour timeframe
Buy on 5h timeframe
Buy on the daily chart
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
