Maker Cryptocurrency (MKR) Analysis

Maker Cryptocurrency (MKR) Analysis


Hello to everyone, & congratulation to all followers who trust our analysis (MKR) done it well as we predicted in the last article which was on >>> 11 Jun 2023 <<< You can read it here

(MKR) is trading at the moment in the area of $ 884.00

As we see, MKR technical indicators show the efforts in making a new higher strong support area at the level of $ 820.00 in order of continuing to complete the great opportunity for higher-level range jumping. 

This also means >> (support area) >> (very risky) is not advisable for beginners as we mentioned in the last article.

 

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

 

 

733f6579934fcccd10612012c172830ff5098dd7b4844eb35895c126055a876d.png

 

  

 

Prediction:

Target: to exceed the area of 980.00 & fly over the area of $ 1383.00 with a volume.

Maker Cryptocurrency (MKR), if the price of $ 730.00 is broken, it may reach lower levels

  

Support & Resistance:

Support: $ 820.00 - $ 730.00 - $ 595.00

Resistance: $ 980.00 - $ 1299.00 - $ 1383.00

 

 

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

 

Important:

The result depends on our personal 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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