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Mkrusdidea

MKRUSDT UPDATEThe situation with MKR is as follows: After the market crash, this cryptocurrency had one of the best performances and quickly managed to recover itself. One of the most important support levels for MKR is the support trendline that I have marked on the chart with a green color. This support trendline had been lost for some time, but finally, after two attempts, we were able to regain it. However, more importantly, it's the overall market situation that is not showing any interesting trend, so for me, it is important today candle closes above this support trendline, regardless of whether it is red or green. If this happens, the price of $685 could be a suitable entry point for buying, and my target would be the resistance trendline that you see on the chart marked in red, indicating a price of $800. Keep in mind that there is no certainty in this market, and we are only trading based on the data we see on the chart and sometimes with the help of news. Therefore, the best approach is to enter a trade with confirmation. In my opinion, the downtrend of this particular coin has been broken, and we can confirm it with the break of the structure. However, there is also a block order that I have indicated on the chart, which has acted as resistance twice and caused a price drop. Please don't forget to like and comment, and if you haven't already, follow me. I examine the cryptocurrency market trend every day and share interesting ideas here for free. Wishing everyone profit and success.
Long
by Madoir
Long Maker at $721The crypto markets are warming up so I am back to trading. This summer will be epic with US govt messes, BRIC and who knows what else. It looks like the FED, Congress, IRS and Sam Bankman Fried are all the same! Out to get our money at all costs and they make the rules. Thats when I say "screw it" and just focus on the data. Maker daily chart shows price action is above 100 and 200 day moving averages. The daily volume has been low since March 11 when we dropped below $600. This is accumulation. The chart looks like early bull market stuff but I am only in for a trade. Stock markets closed until Monday. I will be selling above $800 before then if my speculation is correct! : ) Long MKR $721 Target $800 Stop Loss $688 This isn't financial advise of any kind. I am putting this information out for educational purposes only. Good Luck
COINBASE:MKRUSDLong
by CryptoPsych007
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 :
by Abtin00