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MKR

Buying pressure has eased significantly over the past two monthsMKR has maintained its bullish trend over the past few weeks, but its buying pressure has eased significantly over the past two months. Therefore, the momentum of the Maker trend is still bullish, and considering that in the 4-hour time frame the price trend is still in the range, as long as the support of the $650-$672 range is maintained, we can expect a further increase in the price in the medium term. Also, the price trend in the 4-hour period is between the two resistance support levels specified in the range. The resistance of this channel is considered in the range of 798 to 940 dollars. Due to the presence of many minor support levels, we expect the trend to remain within a large range. But in general, by breaking each of the levels, the next specified ranges are used as short-term goals. These levels are the most important ranges of supply and demand. Therefore, if the price hits these ranges, we expect a price reaction. In this week and if the market conditions remain favorable, the direction of movement can be towards higher resistances.
by MonoCoinSignal
3
$MKR break out, $FARM not far, $CEEK gettin ready, $MLN soonCopy paste from all this morning Pls see profile for more info $MKR breaking out atm Volume is weak though #MAKER has done this many times over last few weeks If not today it should do it soon $FARM following (few minutes ago - Volume coming in for $MKR) --- $MLN #enzyme Has been slowly creeping up Look @ buy volume, very good #MKR has treated us well over the last couple years #defi #Crypto --- $CEEK broke out of the 11 range but has not pumped Was shocked at the move but had suspicion it wasn't ready, was right (post from a while ago) Buy volume coming in = good As you can see, all sorts of RESISTANCE in the 13 area WHEN this breaks it'll fly #p2e #crypto #metaverse
COINBASE:MKRUSD
by ROYAL_OAK_INC
MKRUSD - Consolidation or Downward Move?After around 6 months of hugely profitable trading with MKR we've received a Short signal from Crypto Tipster v2 - looking at the chart there's 2 possibilities from here. Either we're actually looking at a period of consolidation whereby the price isn'y going to do all that much within the current range until it reaches the end of this wedge in a couple of weeks; or we're going to experience a drop into the trading area below this wedge. Given how profitable Crypto Tipster v2 has been with MKR recently we're inclined to go for it, 10% on the Short should be acheivable, 20% is also not unlikely! If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KRAKEN:MKRUSD
by theCrypster
2
MKR/USDT(1D, 1W) Maker is Breaking long term downtrend line!Hello Traders and "longterm" investors in crypto :D:D, This chart indicates potential bottom of MakerDAO project. Breaking the longterm downtrend line and possible finished wave C could be nice and clear signal for market to rebound. After breaking the line we could wait for confirmation of line as a support. Also price action of Bitcoin is interesting which is forming similar "ending diagonal" like pattern. Could this be alredy bottom ? Chances are something like 60/40, and crypto market is highly dependant on Stock market (especially state of risky growth stocks). But after the moment when investors start to buy this growth stocks. RIght after they will deploy some money into crpyto where correction was above -90%. :) Consider your risk and do your own research for each specificic Cryptocurrency. This is pure speculation. Bear market can last entire year 2023 if central banks decide to do so (via interest rates and QT). Take care and trade safe.
Long
by Longevity_Contrarian
2
MKRUSDT Are increases coming?Hello everyone, I invite you to review the MKR cryptocurrency pair to USDT, on a four-hour interval. Let's start by marking with blue lines the downtrend channel where the MKR price is moving. Now, using the Fib Retracement tool, we can determine the support that the price has when the correction deepens. And here in the first place we can mark the support zone from $515 to $509, if the zone is broken, we have the next support at the price of $502, which is the place of the last low. Looking the other way, we will check resistance points for the price in the same way. As we can see from the $540 to $551 level, we have a strong resistance zone that the price has to face, once we exit above it, there is another resistance at the $564 price, but first the price needs to break the $525 to $530 zone. It is worth marking the Rounding Bottom here, because such a formation often ends with an increase in price. As we can see on the CHOP index, we have a lot of energy for the next move, the MACD stays on the edge of the local uptrend, while the RSI is in the middle of the range, but when we look at it on a one-day interval, we will notice that in the long run we are moving in the lower which may also indicate a price increase.
by cryptodailyuk
1
Makerdao - Prepaire for 2023-2024 Next year will be with no doubt better for Makerdao. Load your bags, beaceause soon this prices will be history for ever! Makerdao is a healty protocol, it has already great collaberations with partners and comany's. Makerdao is ment to be epic we all know it... My average price prediction for 2023-2024 is between 3500- 2500 dollars. 2024 - 2025 will be nuts no hair on my head thinks otherwise. There for this prices is a gift, use it! Source pitcure: Mastropietro, B. (2021, 14 juni). History of MakerDAO project. BrightNode. brightnode.io
Long
by UnknownUnicorn27344900
MKR - was opening of DEFI season ) Buyer's area from where there was a 1000% increase last year Someone is neatly absorbing all the sales and not letting them get near the $600 level Price a clamping down in a flat bottom triangle. if price made A break down move i will open a short. A breakup of the blue trend line i will open a long position. Tomorrow's daily will decide what a position I need opening. If you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your your friends.
Long
by Artem_Dishel
2
MKRUSDT is a trend reversal coming?Hello everyone, I invite you to review the MKR chart against USDT on a one-day interval. Let's start with determining the direction of the movement and here we have a downtrend channel, what's more, we can mark with the yellow line the local downtrend line under which the price is currently located. Now we will check the situation with support, which we can take into account when the price starts to fall more strongly and as you can see, we have the first support around $ 587, but if the price goes down from this support, we have the next support only at the price of $ 432. Looking the other way, we can also check the places of resistance when the ADA price starts to rise and here we have the first resistance at $754, the second resistance at $840, the third at $911 and the fourth at $979. It is worth noting that we had two lows, the second of which was lower than the first, and similarly, we have two highs where the second is lower than the first, but the current low, if not deepened, will be a higher low than the previous one, which could indicate a change in trend. Looking at the lows and highs, we can expect a trend reversal to this, the CHOP index indicates that we are collecting more and more energy, and the MACD indicator also indicates that the downward trend, lasting over a month, turns into an upward trend.
by cryptodailyuk
2