MKR /USD is showing clear signs of a Wyckoffian re-accumulation trading zone set-up. Here I've broken it down for those not familiar with Wyckoff logic (I suggest you learn it), and I've also set suggested price targets at the 1.618 and 200 Fibonacci levels. Let's 'Maker' it happen (I know -- lame).
*Not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.
**If you have strong hands, patience, and you like big wins and big money, follow me. I track all 40 USD-paired cryptocurrencies on Coinbase (and many others) and regularly seek out the most potentially lucrative position/swing trades for you. All my charts are clean, straightforward, and easy-to-follow. My technical analysis is based on Wyckoffian market phasing, Elliott Wave principle & Fibonacci ratios. If some of my sell zones seem conservative, it's only because I believe in exiting while still holding the fat money bags! The more intrepid traders can let the winners run a bit longer if they choose. Good luck and safe trading to all!
*Not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.
**If you have strong hands, patience, and you like big wins and big money, follow me. I track all 40 USD-paired cryptocurrencies on Coinbase (and many others) and regularly seek out the most potentially lucrative position/swing trades for you. All my charts are clean, straightforward, and easy-to-follow. My technical analysis is based on Wyckoffian market phasing, Elliott Wave principle & Fibonacci ratios. If some of my sell zones seem conservative, it's only because I believe in exiting while still holding the fat money bags! The more intrepid traders can let the winners run a bit longer if they choose. Good luck and safe trading to all!
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