Very basic TA here, examining the Maker/Tether pair on Bittrex, we have local support at $4583 and local resistance at $5080 so
now we will wait for confirmation to the downside or the upside. If it breaks the top trendline we can shoot for around $6k but if 4HR candle close below
support we can expect townfall to $4331 and then $3714. We do not enter here, we sit and wait and see what happens
Support: $4583/$4331/$3754
Resistance: $5080/$5210/$6000
Now we wait for confirmations
now we will wait for confirmation to the downside or the upside. If it breaks the top trendline we can shoot for around $6k but if 4HR candle close below
support we can expect townfall to $4331 and then $3714. We do not enter here, we sit and wait and see what happens
Support: $4583/$4331/$3754
Resistance: $5080/$5210/$6000
Now we wait for confirmations