MKR
LONG MKR/USDTin the market, on OCT 17, 2022. we study today's market trend on #MKR/usdt. in our analysis we look at how the price of MKR/usdt is moving and use technical indicators to predict its direction for the next moove and gaining an edge over those who do not follow this trend.
BUY MKR/USDT
ENTRY : 965$ - 945$
TP1 : 1170$
TP2 : 1297$
SL : 781$
IS NOT FINANCIAL ADVICE
Maker (MKR) formed bullish Gartley for upto 17% moveHi 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 stop loss, and don't get stuck with trade
MKR : THE CYCLE COIN MKR is one of the cycle coins that did try to increase before with a trend pump above the 1150 : after that we had a small recovery trend.
Main view for MKR looks still positive.
We will follow coming time MKR and we will see or MKR can increase over the before high target.
if MKR going depending on cycle plan it can have a high target soon.
MKR are now on important support zone : where the possibility is that MKR will show on coming time frame a breakout trend.
Mkr bullish pennant A simple bullish pennant. Pennants and flags are so frequent in crypto and often are meaningless, but with market sentiment seemingly positive and interest in MKR picking up, I think this one deserves some attention. Hopefully Bitcoin holds above 20k or doesn't dip to far below because that would probably invalidate this
#MKR Inverse Head and Shoulders. Target = $975#DEFI protocol
looks to be triggering right now!
Weekend #Crypto PUMP?
#Bitcoin still poses risks to holders and we are still not out of the woods, a mini run to $20500 seems likely
but we must at some point hold on to the key psychological level of 20k and start making firm progress
as these high@s getting lower on the medium time frame is pushing us into a decision point Apex.
Will crypto finally decouple in these rapidly changing macro environment.
We know the end of the crypto bear is close , but also we need to take advantage of opportunities that prevent itself.
MKR Maker Price PredictionGrayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start liquidating their holdings.
In this context, price target for MKR Maker is $660.
Looking forward to read your opinion about it.
MKRBUSD Long PotentialMKRUSDT/BUSD currently entering an accumulating zone,
Very positive R:R with targets at 0.618 (TP#1) and 0.786 (TP#2)
Tight invalidation with further potential below