A clean Diamond often precedes a big move. Validate your entry.
Indecision. Widening then narrowing range.
Gradual reversal from bearish to bullish.
MKR is showing interesting structural developments at $1345.23. Currently at $1345.23, the asset is showing downward momentum (-8.81%). Price action has carved out a classic Diamond. Volume is strong (2.58x avg) with moderate trend strength (14.2). A potential breakout level is identified at $1150.27, targeting $586.38 with support near $1432.22 (R:R 2.0).
What is your outlook on MKR?