BYBIT:MKRUSDT.P   MKRUSDT Perpetual Contract
12h time frame
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MKR is on the way to build 5 waves, already completed 3 waves from 500~1590. The most important thing here is where is the end of 4th wave(correction wave). According to structural support and 0.382 Fibonacci Retracement, 1350 is the potential end of 4th wave, also will be the start of 5th wave(final pumping wave), which target is 1800~2000. Therefore, we can set up a trading plan here.
TP: 1800~2000 / 2248
SL: 1220

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