MKR - The ultimate goal 3700 TargetHello trading friends,
Depending on the target scan - the ultimate goal for MKR depending on the long term trend could be 3700 USD
There is still a high chance of the breakout expected - since MKR did enter also new cycle including the green TA trends.
if this coin increase to the target of 3700+ it means at last 51%+ increase
We will see what this coin will do with the next time frame.
Have good time
MKRUSD
MKRUSDT, Supported in the exact areaHello guys
Whats up ?
Do you know what is it DAO ? Do you know anything about MakerDao ?
MKR is one of the most powerful project, powerful guys its future ...
If you want to learn fundamental & technical analysis send us messages ---> Our id is in profile
According to the chart and previous analysis, we expect the price can drop and support in our support zone area colorful box, and until now the trend of the market is downward but if it can break the key point level the trend can change to upward.
Everything is shown on chart and there is no need to explain more .
Good Luck Guys
Abtin
Previous analysis :
💡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 ❤️
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.
ALERT \\ MKR as a metric for the aggregate crypto BEAR cycle!Here is a chart with my prediction of local bottoms and tops if we happen to be in a bear market over 2 years. I chose COINBASE:MKRUSD as my metric because its current price action resembles the empirical price data from the former bear trend. I'm not saying this prediction is certain, however this chart seems to be in a similar pattern.
I have been successful in spotting COINBASE:BTCUSD bottoms and long-term "ghost patterns" in the last 2018 Bitcoin bear market.
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 - 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
MKRUSDT, Its time to buy one stepHello everybody
Maker is one the most powerful project that is working on crypto and DAO base
According to the chart you can see , after the price broke the trendline with the breakwave the price need to have correction and we shwon on chart the 2 important support zone area .
The price impacted to the first support zone area and we expect the price to move upwards and re-test again the top of the breakwave and ...
And we have key point level, until the key point is not break down and consolidation below the key point the potential to move upwards we have and expect it.
Good Luck
Abtin
MKRUSDT, Its time to buy one stepHello everybody
Maker is one the most powerful project that is working on crypto and DAO base
According to the chart you can see , after the price broke the trendline with the breakwave the price need to have correction and we shwon on chart the 2 important support zone area .
The price impacted to the first support zone area and we expect the price to move upwards and re-test again the top of the breakwave and ...
And we have key point level, until the key point is not break down and consolidation below the key point the potential to move upwards we have and expect it.
Good Luck
Abtin
MKRUSDT breakout is nearFellow traders.
Here is the channel MKRUSDT is moving inside. A break and close above resistance line (red one) indicates a breakout. After retest, first target could be a range near current ATH.
If you enjoyed this analysis, please share it and let me know what you think in comments bellow.
Cheers.
💡Don't miss the great buy opportunity in MKRUSD @makerdao
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3146).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74
Take Profits:
TP1= @ 3439
TP2= @ 3732
TP3= @ 3990
TP4= @ 4244
TP5= @ 4956
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 ❤️