Maker Cryptocurrency (MKR) Analysis


Our Target Done many times before

 

Check it here by date & time >>> 11 Oct 2023

 

(MKR) is trading at the moment in the area of $ 1538.00

As we know. Maker Cryptocurrency (MKR) moved in a downtrend, while. Our technical indicators show the efforts in making strong support at $ 1400.00 to get back to the rally for higher-level range jumping.

This also means >> (support area) >> (hazardous) is not advisable for beginners as we always mentioned.

As experts' time trading now ( risky trade ), So let’s update the support & resistance areas that we will mention below & never hesitate to place a stop loss, as breaking these areas leads to other down areas

As we know each uptrend is followed by a downtrend & vice versa.

 

As Shown

The Chart Below

 

24ee5f4df27af8a960553d8e3656773a9f448324839861b22760766f5ea0fa63.png

 

 

Prediction:

Target: to exceed the area of 2280.00 & fly over the area of $ 3120.00 with a volume.

Maker Cryptocurrency (MKR), if the price of $ 1450.00 is broken, it may reach lower levels

  

Support & Resistance:

Support:   $ 1423.00 - $ 1250.00 - $ 930.00

Resistance: $ 1770.00 - $ 2220.00 - $ 2750.00

 

 

Finally, remember to Trade wisely as we advise buyers & traders to follow the nearest support areas,  

 

Important:

The result depends on our Vision which could be right or wrong

 We analyze the past to predict the future.

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Ayman Crypto
Ayman Crypto

Cryptocurrency Analyst


CryptoCurrencies Analyst
CryptoCurrencies Analyst

Hello, Everybody Here is Ayman wishing you all the Best of luck in trading many more cryptocurrencies with pieces of Advice to handle them Very Easy & Earn more money.

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