Maker Cryptocurrency (MKR) Analysis

Maker Cryptocurrency (MKR) Analysis


As we mentioned before Maker Cryptocurrency (MKR) was trading with a (snaky) uptrend direction & that was  >> (very risky) and not advisable for beginners.

 

Maker Cryptocurrency (MKR)  is trading now at the area of $ 693.00

 

This means that near the first supports area, trying to correct its position which might be aggressive depending on the whole market trend & its trading volume.

 

Surly expert traders have time now to handle again successfully multiple times of live trading to not miss a piece of market cake (profits) & at the same time avoid the probability of falling.

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 Shown

The Chart Below

 

98ae9178bb39e7c47f8b503c20ad5eb159f554dca8f195404e0c59f3183d03b6.png

 

 

 Prediction:

Target: to exceed the area of 980.00 & fly over the area of $ 1299.00 with a volume.

Maker Cryptocurrency (MKR), if the price of $ 614.00 is broken, it may create lower levels

  

Support & Resistance:

Support: $ 614.00 - $ 502.00

Resistance: $ 980.00 - $ 1299.00

 

 

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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