MKR looking for a M Higher low, High probabilty setup!!

43
MKR is looking for a Monthly higher low.
you can just buy in and use the Flush lows as stops as they have held 2 times now.
Or you can get detiualed and enter a larger position with more focus as a daytrader. Sell partials and hope its the monthly higher low.

H double bottom .

But I am looking at the huge fairvalue gap from 2300 down.
This would be and ideal place for a 4h HL that could also be a 12 h HL
for a D bottoming pattern that looks like a "Batman" sign, a type of INV HS. It forms a type of rounding bottom and this qualifies as a backside entry for accumulation.
We are using the BTC flush lows now as hard stops.
Bulls want BTC to set a 4h HL and not break the flush lows.

MKR bulls want to see a pattern of succesive HL´s on the 4h or 12h now to prove accumulation.
to get MKR for a M higher low I will risk 3percent of account.

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.