MKR/USDT what’s next?
Hello everyone, let's look at the 8h MKR to USDT chart, in this situation we can see how the price broke out of the upward trend line and the attempt to return above it turned out to be unsuccessful. A downward trend line is visible locally and the price remains below it. Currently, a correction is visible, but when the trend reverses, resistance levels are visible at the following levels:
T1 = $1955
T2 = $2,172
T3 = $2,487
T4 = $2723
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $1591
SL2 = $1,369
SL3 = $1118
T1 = $1955
T2 = $2,172
T3 = $2,487
T4 = $2723
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $1591
SL2 = $1,369
SL3 = $1118
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