We will interpret this coin in the near term by the time
By the time we interpret
Buy at the support line sell at the resistance line
Catch the EngineeringRobo' s buy signal
Have a good trade. If you want to use EngineeringRobo please dm me.
BinanceUS will list MakerDao (MKR). Trading for MKR/USD and MKR/USDT trading pairs will open on Thursday, August 20 at 6am PST / 9am EST.
BinanceUS users can now start depositing USD, USDT and MKR tokens to their wallets in preparation for trading to go live.
Please note: MKR tokens are temporarily only available for deposits. Withdrawals will not be enabled...
Using basic Support and Resistance, i am expecting price to get to the take profit level marked out on the chart and if we go lower to the point of our invalidation level then the trade idea is no longer valid.
MKR looks like a new coin, so this is not for a daily trader because we do not have enough input. However, if you wanna analyze, you should look 3h charts.
On a 1D TF, MKR/USDT is in a Descending triangle, broke up with huge volume. (Note: Typical a descending triangle is a bearish pattern). Due to CBPRO listing, MKR broke out of the descending triangle pattern couple of days back and now it retested the 0.618 FB which is 511$ will definitely act as a strong support. One should consider entering this as an...
After the news that the asset will be traded on the exchange Coinbase .
There was a pamp. I think the news is already in the price.
Locally, you can wait for the bounce if we hold on to the key level.
Looking at 1h you can see how it is pressed to the level. And there's a close retest of the level.
We'll most likely go lower.
Interesting buy levels 380$ 362$...
