MKR SWING TRADE (SPOT)Big wallets have been accumulating MKR for the past few days. They know something for sure.
Accumulate between 750 to 805.
Expect at least 45% upside from entry if it doesn't get invalidated.
MKRUSD
MKRUSD LONG No Trend is external and the chart of our Subject matter today is one perfect example .
After a bear market era crocobot says it's time for MKR bulls to take charge .
But what is going to happen exactly in this trading advice ?
1 single shot bottom fishing program signal in blue is enough for us to wish for the best and to cut the story short tp and sl zones are given in the chart .
Further updates will be posted regarding the other aspects of the proposed idea once the like kill rate exceed 20.
MKR reaching resistanceHello, dear traders, if you like it, please like and follow me
The price has returned to its own static resistance, there are two scenarios, it is possible to break this limit strongly, and if it gives a pullback, it can rise to a higher static resistance.
Or again from this range, it is suitable for a sell position in pullback .
Stay tuned for updates .
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 : DAY TRADE INTERESTINGMKR : DAY TRADE INTERESTING
We will see or this coin will have a high trend coming time.
Like and follow❤️
#MKR full target met (with over-performance)#MAKER has been very kind to those who longed on the breakout of this lovely structure.
Speculative longs should have been closed.
$MKR SHORT AROUND $1kAfter a long downwards trend, maker seems to have found a nice value area but I’m looking for a retrace short around $1k with all confluence pointing to said area for a nice short to the bottom of the parallel channel as my target.
MKR: TRADING IDEAMKR: TRADING IDEA
Seems to have a stable volume also in times of breakdown what can bring MKR to at last 14% increase.
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 $660.
Looking forward to read your opinion about it.
MKR about to broke bearish channelAfter checked in a couple of timeframes and verified liquidity, seems that MKR is about to broke his strong support just to make a bulltrap and change his trend. Also don't forget to calculate your entry in PULLBACK after confirm trend change
Makerdao could make some decent uptrendIf Makerdao holds the 700$ mark, and break above 1k. I see a decent uptrent next upcoming months.
Crucial support for Makerdao!This support is crucial for Makerdao to continue the uptrent.
This 750$ price goes whole the way back to 2018, it did not hold it there & leadet to a multi year bearmarket.
If it breaks this year below 700$ another multi year bearmarket is guaranteed.
They anyway nailed Makerdao to the ground from 6k, no words to discribe how insane this is.
Project like YFII are even higher valued, i mean this is Makerdao we are talking here about. In what world a shitcoin like YFII could be higher valued in 2022 then Makerdao??
Anyway, Makerdao complete hammered down from 6k to 700$ INSANE!
We must keep support, if not the floor is the limit!
Makerdao great price to buyMakerdao 850$ is a great price to buy!
I have bought my previous ones in 2020 during the crash around 450$, this price is only a 100% more sinds then...
Im buying more no doubt!
Enjoy those prices, you are not going to see this anytime soon no more!
Smart money is about to enter the space 👍
MKRUSD ❕ upward channelMKR is moving in a range within the upward channel.
The price has already made a false breakout of the lower boundary of the channel and is now trying to fix above it.
I expect that the price may continue to move within the uptrend channel after the final fixing. Further upward movement will depend on the price reaction to the nearest resistance level.
Maker MKR short Entry Range, Take Profit and Stop LossMKR/USDT short
Entry Range: $1000 - 1120
Price Target 1: $930
Price Target 2: $875
Price Target 3: $770
Stop Loss: $1210
Maker (MKR) formed big bullish Gartley for upto 665% huge pumpHi 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 Buy AreaA leaked copy of US draft bill proposes to eliminate anonymous crypto projects.
DAOs, DeFi and exchanges will be required to legally register in the US!
My entry area for MKR is $740
Looking forward to read your opinion about it.
Maker MKR Price Targets and Stop LossMKR/USDT
Entry Range: $1490 - 1590
Price Target 1: $1710
Price Target 2: $1800
Price Target 3: $2020
Stop Loss: $1350
MKRUSD The striking similarities with Bitcoin's 2018 Cycle.This is a remarkable resemblance between Maker's (MKRUSD) price action since the May 2021 High with Bitcoin's (BTCUSD) Bear Cycle of 2018. I've mentioned numerous times that the crypto market's price action in the past +12 months can be viewed as a smooth (for crypto standards) Bear Cycle as a whole.
As for Maker's 2021/22 price action we see that it shares striking characteristics with Bitcoin's 2018 Cycle:
* The rebound after the initial crash that followed the Market Top, reached as high as the 0.618 Fibonacci retracement level.
* After that, both Cycles started a gradual decline under a Lower Highs trend-line.
* That eventually led to a capitulation sell-off , where Maker is at today and where Bitcoin formed its December 2018 bottom and then started to slowly recover into the new Bull Cycle.
* That capitulation sell-off is similar in both cases (-58% for Maker and -52% for Bitcoin).
* Bitcoin made the Cycle bottom on the -0.5 Fibonacci extension (measured from the initial crash's low). Maker's -0.5 Fib ext is around 935.00, not far from today's 1030 low.
* Bitcoin's 2018 Bear Cycle from top to bottom lasted for exactly 1 year. Maker completes 372 days today from its May 2021 High.
What do you make of all those striking similarities? Has Maker bottomed or is it about to and gradually start a new Bull Cycle? Why do you think it has copied so closely Bitcoin's 2018 Cycle after all? Let me know in the comments section below.
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MKR : Return in viewMKR shows on the technical side a return trend, which could make for the low time frame an increasing trend.
- Interesting view to see how this could play out coming time.
For further increase, it should hold the 1070 level.
