Eyeing Up MKR/BTC

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Interesting 17 month long head & shoulders pattern developing on MKR. Target is 2x head to neckline measurement, that would also re-test the horizontal resistance and beginning of neckline from June 2019 high. Price otherwise looking for support from the VPVR Point of Control around 0.047, while RSI has broken back into neutral territory from bearish. CMF has flipped bullish.
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Yup.

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altcoinseason2020Chart PatternsDEFIheadandshouldersbottomTechnical IndicatorsMKRBTCpointofcontrolTrend Analysisvpvr

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