Maker (MKR) formed big bullish Gartley for upto 665% huge pump
Hi dear friends, hope you are well and welcome to the new trade setup of Maker (MKR) token.
On a monthly time frame , the price line of MKR has formed bullish Gartley pattern.
The potential reversal zone is from $1730 to $473, but we have a strong support at $700 as it is also a recent swing low before breaking out a down trendline resistance within a below big channel.
Buying and sell targets:
Therefore, the buying zone is from $1730 to $700. (right now it is at $1050)
Sell between: $3494 to $5359
Stop loss below: $700
Possible and loss ratio:
As per the above targets, this trade has a profit possibility of up to 665%, and a loss possibility is upto 34% as per the current price.
As per the above targets the profit possibility is huge which is up to 3100%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
On a monthly time frame , the price line of MKR has formed bullish Gartley pattern.
The potential reversal zone is from $1730 to $473, but we have a strong support at $700 as it is also a recent swing low before breaking out a down trendline resistance within a below big channel.
Buying and sell targets:
Therefore, the buying zone is from $1730 to $700. (right now it is at $1050)
Sell between: $3494 to $5359
Stop loss below: $700
Possible and loss ratio:
As per the above targets, this trade has a profit possibility of up to 665%, and a loss possibility is upto 34% as per the current price.
As per the above targets the profit possibility is huge which is up to 3100%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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