Coinpedia-Market-Insight

Maker analysis soon a bullish rally

BINANCE:MKRUSDT   MKR / TetherUS
* Maker is in a consolidation between it's major resistance and the below trend line.
* Every time the price touches the below trend-line it bounces back to it's resistance.
* The 50 Moving average is now below the price as the support. Which previously was moving above the price.
* The maker even forms a double bottom pattern ( trend reversal pattern appears ) with the major resistance as it's neckline.
* If the price breaks the major resistance we can expect a new bullish trend.

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