AlanSantana

Maker Will Grow vs Bitcoin, Here Is Why!

Long
KRAKEN:MKRBTC   MKR / Bitcoin
This chart is very interesting because of so many signals to look at...
This is MKRBTC (Maker) with 3 days (3D) candles.

Let's get straight to it!


Maker vs Bitcoin (MKRBTC) Bullish Chart Signals

  • We have the "w pattern" in blue. Signals a low/bottom.
    (After a low/bottom prices grow).

  • We have a low 12-May followed by a lower low 13-June.
    (The "same pattern", this can lead to a strong bullish breakout).

  • Very strong 3D reversal candle 12-June.

  • Currently trading above EMA50.

  • Very strong value on the RSI indicator.

That's all... These are all bullish signals.

The targets are on the chart.

Namaste.

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