MakerDAO is retesting the demand zone, set-up is in play, let's remain patient!
Comment
Back to first entry
MakerDAO is still ranging inside the wedge, looks like it is just a matter of time before we retest 50MA resistance!
Trade closed: target reached
TP1 reached with +24.36% (2x) and +1.2R
MakerDAO made it to 50MA quite accurately following the arrow, nice to earn while market is still uncertain! If the breakout is confirmed it will continue towards higher targets, SL adjusted to lowest entry anyway (1733.4).
Trade closed: target reached
TP2 reached with +47.44% (2x) and +2.33R
MakerDAO confirmed the breakout and continued the recovery, retesting 100EMA resistance. A pull-back before heading higher would make sense, SL adjusted to highest entry now (1822.4)
Comment
Pulled back to 50MA
Maker DAO took its time and finally retested the support, still expecting a bounce toward last target!
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