MKR to 2024 in 2024 "E wave and Fib Analysis"MKR is Life Maker as we all know this One
WHAT A COIN to trade
Just AMAZING !
Just saw the next trade based on the Wave trend analysis
@1420
we are looking to follow the bigger GREEN wave in the 5th wave
this 5th wave can come in 3 waves
like the previous two did (Marked Yellow)
BUY @1420
TP1 1764
TP 2 1876
TP3 1987
TPX 2024
This is happening in the beginnig of 2024
Lets see if this Baby is gonna make it to 2024 in 2024
We have Higher targets for this one
As Last waves FIB 1.619 is @2313
but that we shall discuss at higher zone
for now a trade is marked on chart
this is based on a pattern recently formed on Daily
I am following this
Lets try to love this entry till the targets
"thats the idea"
keeping SL below last swing low 1211
Mkrusdtlong
💡Don't miss the great buy opportunity in MKRUSD @MakerDAOTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2087).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKRUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 2331
TP2= @ 2523
TP3= @ 2762
TP4= @ 2873
TP5= @ 3194
SL= Break below S2
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