Maker Cryptocurrency (MKR) Analysis


Hello to everyone, & great congratulations to all followers who trust our analysis (MKR) done well as we predicted in the last article which 

was on >>> 15 July 2023 <<< You can read it here

As we have done before too.

was on >>> 11 June 2023 <<< You can read it here

(MKR) is trading at the moment in the area of $ 1391.00

As you see, our MKR technical analysis prediction was accurate >>> which means good luck depends on our personal Vision which could be right or wrong.

Let's show (MKR) targets & its efforts in making a new strong support area at the level which is at $ 1230.00 in order to continue to complete another great opportunity for higher-level range jumping. 

We never forget >> (support area) >> (very risky) is not advisable for beginners as we mentioned in the last article.

 

As experts' time trading now ( risky trade ), 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

 

 

221bbef335b9d731bffd09b1ae198310411eaa0a1af7b8f5aaa0d4677a07cdad.png 

  

 

Prediction:

Target: to exceed the area of 1600.00 & fly over the area of $ 2200.00 with a volume.

Maker Cryptocurrency (MKR), if the price of $ 1170.00 is broken, it may reach lower levels

  

Support & Resistance:

Support: $ 1340.00 - $ 1220.00 - $ 980.00

Resistance: $ 1600.00 - $ 1880.00 - $ 2200.00

 

 

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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