MKRUSD Buy confirmation above the 1W MA100.

Maker (MKRUSD) broke and closed the 1D candle above the 1D MA50 (blue trend-line) for the first time in ten days, after rebounding on the Higher Lows trend-line. Along with the 1D MACD Bullish Cross, this is an initial buy signal that will get confirmed after the price closes a 1D candle above the 1W MA100 (red trend-line), which caused a rejection on August 02. When this happens, we will take the bullish break-out signal and target 1600 (+62% rise as the previous two rebound legs).

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