MKR / TetherUS
Updated

MKR ANALYSIS

296
MKR has been on a strong upward trend for some time now.

A bearish CH can be seen on the chart and we also have an order block resistance zone.

We are expected to move down to the specified targets.

I specified the invalidation level, closing a 4-hour candle above this level will violate the analysis

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
It reached the red range and reacted.

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.