9/27/Community: Recommended to pay attention to the long opportunity of currency MKR…
Topic: Various Correct Uses of Candlestick Charts
Live room sharing various mainstream technical indicator application methods, as well as analysis of the technical forms of the day;
【MKR Weekly/Daily Chart】
MKR Weekly/Daily Chart: The weekly K-line of this currency shows a clear bullish trend; the daily chart broke through the resistance of August 1st at 1370 yesterday; it is expected that the bulls will test the resistance zone of 1680-1700 at the weekly level to the upside; this currency can be bullish in the medium term; it is recommended to focus on the long opportunity; the first target can be seen at 1500-1520
【MKR/4-hour Chart】
MKR/4-hour: The ideal entry point for the bulls is in the 1365-1345 area; wait for a pullback to test for a clear bullish trend before entering the long position; set the stop loss at 1313-1310; the first target for the bulls is at 1500 and the second target is at 1520; it is recommended to avoid the short position in this currency!
Recommended Approach [Bullish Trend]
Support 1365-1345/Resistance 1450-1500
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February-December 2022 complete total 34504%
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