#MKR $MKR #Alts #Altseason
Hey, guys.
The #MAKER has corrected to the 0.618 Fibo level and is below its moving averages and downtrend line. The instrument's return to the averages has a potential of around 50%.
The spread with the broad altcoin market, shows that the instrument survives the market decline better than many instruments. If the current dynamics continues, the growth potential is about 40%.
Set a position in the range of 1900-2100$. Cancel scenario below 1600$ or about 25% stop loss.
Stay tuned.