#MKRUSDT price was quite predictably and strongly held, aggressively bought back from the liquidity zone and here's why: “ #MakerDAO announces open call to invest $1 billion in tokenized US Treasuries - BlackRock, Ondo Finance, and Superstate plan to apply” In short, #Maker plans to reach a new level of “heavyweights” in the crypto world. Therefore, a...
Maker (MKR) technical analysis: Trade setup : A rare asset that has remained in an Uptrend throughout the recent market downturn, which indicates consistent demand from buyers. However, after getting rejected 2x at $1,600 resistance zone (Double Top pattern?) , price has pulled back and broken below $1,350 support, which makes us cautious. We wait to see where...
Maker (MKR) technical analysis: Trade setup : A rare asset that has remained in an Uptrend throughout the recent market downturn, which indicates consistent demand from buyers. Price broke above $1,350 resistance, where it got rejected in August, which signals continuation of Uptrend. Now it’s pulled back to that $1,350 level, which could be an attractive swing...
Yesterday, I made a trade with BINANCE:MKRUSDT because of the pattern and long confirmation and for this trade, two take profit areas are set ( Refer to the fib lines ) along with protective stop loss for each take profit hit areas for net profit security. I didn't have an image of my win rate on Binance, but I will provide you the next time :) I ended the...
Maker (MKR) technical analysis: Trade setup : A rare asset that has remained in an Uptrend throughout the recent market downturn , which indicates consistent demand from buyers. Now price is approaching $1,350 resistance, where it got rejected in August. We prefer to wait for price to either 1) break above $1,350 to signal continuation of Uptrend , or 2) ...
Maker (MKR) technical analysis: Trade setup: A rare asset that has remained in an Uptrend throughout the recent market downturn, which indicates consistent demand from buyers. Now price is approaching $1,350 resistance, where it got rejected in August. We prefer to wait for price to either 1) break above $1,350 to signal continuation of Uptrend , or 2) pull to...
Maker (MKR) technical analysis: Trade setup : Trends have reversed to uptrend and price spiked up as high as $1,350, making a new Higher High (sign of Uptrend). However, it got overbought (RSI > 70) there and pulled back to $1,000-$1,100 support area, which could be an attractive swing entry in Uptrend. Upside potential back to $1,350. Maker is a well...
Maker (MKR) technical analysis: Trade setup : Trends have reversed to uptrend and price spiked up as high as $1,350, making a new Higher High ( sign of Uptrend ). However, it got overbought (RSI > 70) there and pulled back to $1,000-$1,100 support area, which could be an attractive swing entry in Uptrend. Upside potential back to $1,350. Trend : Downtrend on...
Fundamentals: Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI stablecoin. Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI,...
Hi dear friends, hope you are well and welcome to the new trade setup of Maker ( MKR ). Previously we caught more than 34% pump of MKR as below: Now on a daily time frame, MKR with BTC pair is completing the final leg of a bullish Shark move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and...
After the impulse breakdown of the upper boundary of the Downtrend channel, the price is testing the same boundary, good point to enter long.
Hi dear friends, hope you are well and welcome to the new trade setup of Maker ( MKR ) with US Dollar pair. Previously I shared a long term trade-setup for MKR , which is still in play: Now on a daily time frame, MKR has formed a bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
Hi dear friends, hope you are well and welcome to the new trade setup of Maker ( MKR ) token. On a monthly time frame , the price line of MKR has formed bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
#MKR/USDT $MKR is inside ascending parallel channel and near the lower line. 🐮 holding the lower line will increase price to upper line of channel that is the same with resistance zone around $2000. 🐻 this channel can act as flag pattern so break down from lower line of channel will drop price to support zone around $1700.
An idea for MKRUSD As you can see on the fib circle multiple supports have been claimed on the way up to the formation of this bullflag / symmetrical triangle Price is also supported strongly by this blue MA line, which has previously been a strong level of bullish rejection Arrows placed show the transition from the bears dominating to the bulls
A breakout then a pullback happened also Golden Cross is happening on Maker chart You guys can see the other information on chart.
Hi im a novice trader and I just wanted to share my thoughts on $MKR. To me the daily chart looks like its ready to break through the upper resistance of a macro triangle. Breakout of this resistance will be confirmed by bullish MACD crossover along with divergence from PSAR consolidation. Nobody really talks about this coin so I thought I'd share.