Maker (MKR)

Maker chart is interesting and odd at the same time. A rapid ascent followed by a slower correction that reached the bottom, making a big triangle form. MKR broke both the major and minor downtrend lines, and it seems posed for an upward impulse wave. Let's see what happens.

评论:

So, after Maker broke both the major and minor downtrend lines, it went up, and now it seems moving in an ascending channel.

评论:

So, after MKR broke the ascending channel upward, it went up sharply and reached the horizontal resistance area, but couldn't break the area, then made a pullback on the broken channel's upper line. MKR needs to gather momentum to break the horizontal resistance area. Let's see what happens.