MAKER (MKR) DAO MARKET UPDATEMKR is at a critical support level , the lines marked in green will be good DCA levels.
MKR
MKR/USDT Short$MKR
Already bearish on the MKR / USDT pair..
MACD indicator
VOLUME indicator
Priority remains bearish so far
TP= 1772
SL= 2045
mkr do the best i am bullish and hope to follow the blue path
what do you think?
i appreciate your feedback.
thanks
TP 9000$
SL 1513$
MKR/USDT MKR Bouncing inside the Pipe Line ,
You can trade inside the pipeline until it break
If it hit the Mention Support Line then Defiantly Long
for more free idea's hit Like
$MKR/USDT 12h (#BinanceFutures) Falling broadening wedgeMaker DAO bounced back on support and seems to be heading toward 50MA retest, let's give it a try.
Current Price= 1850.9
Buy Entry= 1822.4 - 1733.4
Take Profit= 1994.5 | 2199.6 | 2494.3
Stop Loss= 1596.7
Risk/Reward= 1:1.2 | 1:2.33 | 1:3.95
Expected Profit= +24.36% | +47.44% | +80.58%
Possible Loss= -20.38%
Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 1.5 months
makerdao.com
Contracts:
#ERC20 0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2
#BEP20 0x5f0da599bb2cccfcf6fdfd7d81743b6020864350
#BEP2 MKR-F04
MKR/USDT MKR Binance 45m chart recently touch the resistance
if resistance break Long
if Resistant not Break Short
$MKR looks too good (T.A wise) not to talk about.Price is forming a possible heads and shoulder at the base of most significant price area since its last major pump. You will have to zoom out your chart to see this.
All I'm saying is price is showing signs of reversal at a really good price area.
If you are enjoying my analyses. Pls, like, comment and follow. Grow with me.
MKR could rise 20% in the next 9 daysCurrently in a rising wedge pattern on the 1 hour and 4 hour charts.
In a channel down pattern on the 1 day chart.
Strong uptrend on a all timeframes.
$MKR, /USD is looking good..$MKR
Already bullish on the /BTC pair..
/USD is looking good..
UCTS indicator showing a 1D Buy signal
Let see how it goes!
#MKR https://
💡Don't miss the great buy opportunity in MKRUSD @MakerDAOTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2087).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKRUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 2331
TP2= @ 2523
TP3= @ 2762
TP4= @ 2873
TP5= @ 3194
SL= Break below S2
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💡Don't miss the great buy opportunity in MKRUSD @MakerDAOTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2087).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKRUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 2331
TP2= @ 2523
TP3= @ 2762
TP4= @ 2873
TP5= @ 3194
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
MKRUSDT - SETUPMKRUSDT price shown some good momentum with strong volume. As we can see once the harmonic pattern formation is completed bulls react aggressively and pull the price upward sharply. In the meanwhile, they crossed the trendline hurdle and retested it yesterday. So we are expecting bulls can chase 2700 with this momentum. Buy on Dips will be a good strategy as the price may correct itself a little.
🟡MKR/BTC: It's Going to Be BullishHello every one
MKR/BTC
MKR/BTC was in an Ascending Triangle. The Price has already Done a Break out & we are Expecting it To Increase The Price as Much as The Measured Price Movement (AB=CD) There Should Be a Reaction From The Resistance (Red line) when The Price Touches It. a Pullback Is Expected Before Ascending Further.
⚪What Is Maker (MKR)?
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, a community-managed decentralized cryptocurrency with a stable value soft-pegged to the US dollar.
MKR tokens act as a kind of voting share for the organization that manages DAI; while they do not pay dividends to their holders, they do give the holders voting rights over the development of Maker Protocol and are expected to appreciate in value in accordance with the success of DAI itself.
The Maker ecosystem is one of the earliest projects on the decentralized finance (DeFi) scene: the industry that seeks to build decentralized financial products on top of smart-contract-enabled blockchains, such as Ethereum.
Thank you for seeing idea .
Have a nice day and Good luck
MKR it is nice to be shortMKR just retest the resistance area, before that, MKR make head n shoulder pattern. Then today, MKR retest the neckline of HNS.
$MKR, facing the highest area (resistance?) since October$MKR
UCTS indicator signalled a 1D Buy on yesterday close so I took a small position
Currently facing the highest area (resistance?) since October
Looking for it to show stronger volume &/or R/S flip as signal of continuation
#MKR
MKR attempt to break through the resistanceMKR rebounded from support at $ 1,692 and is currently at $ 1,767. We are currently at -72% of the price of our ATH. The trend lines show the continuation of the downtrend. If the market sentiment changes and there is renewed interest in MKR, we can break the current resistance and attack the price of $ 1,870. However, the next resistances are $ 1,949 and $ 2,023.
Maker MKRUSDT - Head and Shoulders + Descending triangle- MKR is forming an head and shoulders - bearish pattern on the daily chart.
- On the weekly chart, we can spot also a huge descending / symmetrical triangle.
- The situation is not looking good for MKR at this moment as bears want the price to go lower.
- I think below 2100 are lots of stop losses and stop market orders are waiting to be triggered.
$MKR DOUBLE BOTTOM After the last drop, many altcoins seem to form a double bottom pattern in the DAILY time frame and $MKR is one of them. In addition, positive divergence is also observed in the RSI. With the breakdown of the neck, which is the first red line, the $3100 and $3350 levels will be the target. The trade should be stoped with closes below the green zone.
Son düşüşten sonra bir çok altcoinde, GÜNLÜK zaman diliminde ikili dip yapısı oluşmaya müsait gözüküyor. $MKR da bunlardan bir tanesi. Ayrıca RSI da pozitif uyumsuzluk da gözlemlenmekte. İlk kırmızı çizgi olan boyun bölgesinin kırılımı ile $3100 ve $3350 seviyeleri hedef olacaktır. Yeşil bölge altında kapanışlarla işlem kapatılmalıdır.
The Money MAKERMKR saw a huge rise in May 2021 followed by a sharp fall due to the market conditions at the time. Ever since, it has failed to get close to making a new ATH. It is currently trading just above one of its long-term support lines and will be testing its long-term resistance (black line) over the coming days. The volume being traded is low so MKR will only break through the resistance if there is good momentum. Until then I believe it will hold above its support and continue to trade close to it.
In the event that there is enough volume to break the resistance, a strong bullish wave may form with potential mid to long-term targets marked on the chart.
Please note that this is not financial advice and I am not a financial advisor. All ideas are for educational purposes only :)
Please feel free to comment with your thoughts and ideas!
MAKER MKR a big breakout expected mkrbtc mkrusdtMAKER MKR a big breakout expected , we may see a bull run ahead if broke the current resistance trendline..mkrbtc mkrusdt
MKRIf Bitcoin loses its support, this currency can also test its low support.
This currency is also a good place to buy a ladder.
MKR - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
MKR is sitting around a strong support zone in green so we will be looking for buy setups.
on DAILY: MKR is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, MKR would be overall bearish can still trade lower till the lower green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
