MKR
$MKRUSD - Impulse continuationHello everyone!
This is my view on MKRUSD.
The pair has to retrace a bit before the next bullish run.
I highly recommend to wait for a breakout confirmation and go long.
Maker should not break and close below 2507, otherwise it will drop to 2460
MKR/BTC Inverted Head and ShoulderMKR/BTC seems to be forming an inverted head and shoulder, with an upwards potential of roughly 30% if it breaks out above the white resistance line.
From a fundamental perspective MKR seems undervalued compared to its peers in the Defi space, with a current market cap of roughly $1.5b, below most big Defi players despite the fact that it can be seen as the mother of all defi projects, a Market cap/TVL ratio of only 0.31 at the moment is extremely low in my opinion, even when looking at the fully diluted market cap it is only 0.35.
I am extremely bullish on MKR from todays price point. It has been going sideways for the past 2 weeks and is ripe for another big move to the upside.
MKR still in the inside bar, but maybe we`ll have a correctionLike other Defi Projects I am adding in my basket MKR still have a lot of space to run, I am adding buy orders in case it retraces but to be honest I don´t think it will.
Optimistic price projection for the next scenarios in MKRUSDT 4HTechnical analysis regarding the price of MAKER in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Price broke through this bullish channel which also coincides with a region of considerable resistance. Financial volume gaining proportion also making the candles normal and proportional to the volume that is readjusting in its main upward trend.
Parabolic SAR gaining oscillation at low price, guiding you.
Exponential Moving Averages gaining significant distance and following the primary upward trend! I strongly believe in the potential of this cryptography in the medium/long term.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
MKRUSDT (Resistance level breakout)MKRUSDT (4H CHART) Technical Analysis Update
MKR/USDT currently trading at $2040
Buy-level:$2000- $2100( only enter long after 4h candle closes above 2000 level)
Stop loss: $1642
Target 1: $2500
Target 2: $3000
Target 3: $3500
target 4: $4000
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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DeFi World PerformaceThis is the chart comparing all DeFi tokens in the Defi Pulse Index (DPI) with ETH.
If you want to buy all, buy DPI with moderate performance.
UNI, AAVE, LRC, MKR outperform DPI YTD.
$MKR/USDT 12h (Binance Fut.) Symmetrical triangle near breakoutMaker is looking bullish again, I expect it to break out and resume the uptrend supported by 50MA!
Current Price= 1591.11
Buy Entry= 1593.82 - 1520.02
Take Profit= 1970.17 | 2328.06 | 2879.52
Stop Loss= 1327.57
Risk/Reward= 1:1.8 | 1:3.35 | 1:5.75
Expected Profit= +26.50% | +49.48% | +84.89%
Possible Loss= -14.76%
Fib. Retracement= 1 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 480h
Bullish Divergence + Ascending triangleMKR looks like it is ready to break out for a short term long trade, Bullish Divergence + Ascending triangle on the 15min
Buy on the breakout if conditions remain the same.
MKRThere's a potential H&S pattern possibly forming in Maker if and only if there's a breakdown from the neckline.
MKRUSDT - Imminent breakout MKRUSDT is consolidating in a symmetrical triangle pattern on the 1H timeframe.
Breakout is imminent.
Bullish ⬆️ - breakout above the symmetrical triangle's inclined resistance.
Bearish ⬇️ - breakdown below the symmetrical triangle's inclined support.
Possible price actions and targets are indicated on the chart.
$MKR/USDT 30m (Binance Futures) Bullflag breakoutMaker is looking good for trend continuation after breaking that bullish flag!
Current Price= 1433.81
Buy Entry= 1455.25 - 1415.15
Take Profit= 1564.35 | 1714.13 | 1829.21
Stop Loss= 1317.27
Risk/Reward= 1:1.1 | 1:2.37 | 1:3.34
Expected Profit= +9.00% | +19.43% | +27.45%
Possible Loss= -8.22%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 120h
MAKER LONG !MKR / USDT looks pretty bullish now
The market aims for a bounce
Potential +20% from here
Crypto Coins Watchlist for Next Long Run 20210111Crypto Coins Watchlist for Next Long Run which might have Good Performance
BTICOIN, TOMO Tomochain, SOL Solana, AVAX Avalanche, MKR Maker, NEO, IOST, ZEN Horizen
BTCUSD TOMOUSD SOLUSD AVAXUSD MKRUSD NEOUSD IOSTUSD ZENUSD
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Maker MKR to correct - RSI levels overboughtThe RSI levels for Maker are currently the highest they have ever been, surpassing the previous all time high. A correction is due and I believe we will see a retracement back to the 21 day moving average.
MKRUSDT 1hr chart 31% profit? MKRUSDT 1hr chart
Buy the breakout or retest of yellow trendline.
Keep an eye on BTC.D
MKR 2 potential targets.I need a retest for enter the position. Wait a retest if there will not be a huge volume.
Two Months Recovered In 3 Days, Maker New UptrendIn the last 3 days, Maker (MKRBTC) has recovered as much as 2 months of bleeding and starting a new uptrend.
This is another signal that speaks positively as to what is happening with the altcoins market in the coming weeks.
We are seeing many altcoins recover printing strong growth/green.
This is only the beginning of course, and just as this Altcoin grows, many more will follow with similar results.
Namaste.
MKRUSDT - big accumulationLarge position accumulation.
3 months someone collects a position.
Exit from the side movement will be the most interesting point of entry.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
MKRUSDT (Waiting for the Resistance Zone Breakout in day chart)#MKRUSD Technical Analysis Update
Waiting for the Resistance zone Breakout
MKR/USD currently trading at $578
LONG ENTRY: Above $620 (Only enter long if day candle closes above $620)
STOP LOSS: Below 550
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
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