Marker breaking out?
I know that title might sound a bit weird considering what we have just seen on the crypto boards in the last several days, but take a look at MKRUSD traders. We have a lower break rejection with short-term support. After this point was reinforced yesterday, we saw a 10% rally to close out Thursday. Today’s picture continues to look good, with a dominant trend break off today’s 28% gain (at this point).
If buyers can hold the majority of today’s gains and set up a new higher low after the next retrace, this could be the start of a new short-term trend higher.
TradingView community, what are your thoughts?
If buyers can hold the majority of today’s gains and set up a new higher low after the next retrace, this could be the start of a new short-term trend higher.
TradingView community, what are your thoughts?
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.