Maker pumped nicely after regaining 100EMA support and is now facing strong supply zone.
RSI looks quite overbought as well, a retracement down would make sense.
⚡️⚡️ #MKR/USDT ⚡️⚡️
Exchanges: KuCoin Futures, Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.2X)
Amount: 4.9%
Entry Zone:
1027.0 - 1104.0
Take-Profit Targets:
1) 903.5
2) 781.5
3) 659.5
Stop Targets:
1) 1201.0
Published By: @Zblaba
MKR #MKRUSDT #Maker #DAO
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
RSI looks quite overbought as well, a retracement down would make sense.
⚡️⚡️ #MKR/USDT ⚡️⚡️
Exchanges: KuCoin Futures, Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.2X)
Amount: 4.9%
Entry Zone:
1027.0 - 1104.0
Take-Profit Targets:
1) 903.5
2) 781.5
3) 659.5
Stop Targets:
1) 1201.0
Published By: @Zblaba
MKR #MKRUSDT #Maker #DAORisk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Trade closed: target reached
TP1 was reached with +1.2RMKR got sold-off and bounced back to demand zone, nice quick profit, time to secure it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.