Short
MKR faces pressure after delisting news while forming a triangle
MKR was removed from the buybit, then other exchanges, by this point the asset had already lost a decent amount of value
Globally, the coin is forming a triangle pattern, this pattern has the possibility of breaking the price both up and down, but against the background of news about delisting, MKR is more likely to go down
Current price: $1683
Against the background of negative news about delisting, the price may fall to the level of $1620 and below the level of $1550
According to the pattern, a rebound may be inside the triangle to the level of $1750 or $1820
Globally, the coin is forming a triangle pattern, this pattern has the possibility of breaking the price both up and down, but against the background of news about delisting, MKR is more likely to go down
Current price: $1683
Against the background of negative news about delisting, the price may fall to the level of $1620 and below the level of $1550
According to the pattern, a rebound may be inside the triangle to the level of $1750 or $1820
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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.
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.