Yello Paradisers, are you ready for what’s next? #MKRUSDT has caught our attention with its recent movements, but what's about to happen could redefine your trading strategy. 💎#MKRUSDT has been in a notable downtrend for several days, forming a descending resistance with multiple taps. This resistance was recently broken, but we haven't seen a retest yet. 💎The...
12h time frame - We've been talking about MKR since July 14th. Now it broke the bullish flag(yellow arrow), which is a strong sign. Currently MKR is retesting this flag, and here is also the support of uptrend line. According to previous perspective and analysis(ref.1 and ref.2), MKR has higher target over 1800. Therefore, here is a good position to set trading...
12h time frame - MKR is on the way to build 5 waves, already completed 3 waves from 500~1590. The most important thing here is where is the end of 4th wave(correction wave). According to structural support and 0.382 Fibonacci Retracement, 1350 is the potential end of 4th wave, also will be the start of 5th wave(final pumping wave), which target is 1800~2000....
4h time frame - MKR creating a rising channel also can be regarded as bearish flag. According to fibonacci retracement and structural support, the target could be set at 1160. This trading plan has 2.5 risk to reward ratio. TP: 1160 SL: 1332
1D time frame - MKR retesting that brokeout strucutre TP: 1440 and 2050~2270 SL: 500 *Notice entry is very far from SL(over 40%)*
BINANCE:MKRUSDTPERP wouldnt be shocked at all
It may be forming a head shoulder, as presented in this idea
This is not financial advice also is possible in my page to check 4H chart and understood/see more
This is not financial advice MKRUSDT successfully breakout the 4H Chart
📈#MKRUSDT ➡️Entry: 2100$ 🎯Target 1: 2337$ 🎯Target 2: 2660$ 🎯Target 3: 3040$
Inverted head and shoulders pattern. Bullish on the Fib re-tracement zones leading back into the bear patch. If we can break the neck. We're away... Go Bulls!!!
Price formed a triangle. Possible breakout let's wait for the break and retest if it occurs.
Preconditions: - large accumulation - emptiness in front -global trend up - local trend up I'VE BEEN WAITING FOR A BREAKOUT SINCE NOVEMBER 27. You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a...