TradingOn

MKR/USDT 2h (Binance Futures) Bullish pennant on support

Long
TradingOn Updated   
BINANCE:MKRUSDT.P   MKR / TetherUS PERPETUAL CONTRACT
Ascending channel broke down but there is still room to grow since it's forming a bullish pattern.
Also, 100EMA is holding the uptrend so if Maker is able to stay above it, this is definitely a buy zone.

Trade active:
Nice timing this time, already going up and halfway to first target, hold tight!
Trade closed: target reached:
TP1 reached with +11% (4x)
Printed a textbook bull-flag (continuation pattern) on LTF (Low Time Frame).
Higher targets are obviously still in play!

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.