MKRUSDT 4HMKRUSDT 4H is trying to break above the EMA50 at the moment, has already broken the LTB that forms the upper edge of the triangular wedge and is now trying to penetrate into the cloud. this level we are facing at 668 will be an important resistance range.
Despite the RSI indicating overbought, we expect buyers to remain in control to confirm this breakout.
Supports and Resistances:
Brackets: 653 / 614
Resistances: 668 / 688
MKRUSDT
Makerdao trent analysisWatching the trent from Makerdao indicates me the bodem is in.
It's time for this coin to move on if it want to remain bullisch on the long term.
The target for next few years will depent on the preformance, based on what i see now the higher high's will be made around the 10k next years.
If not this will become a very expensive bearish coin in my opinion.
It's not a mintable coin, so i expect atleast some preformance from makerdao in return. (My opinion).
Time will prove the truth...
mkrusdt long👌mkr Usdt
🌹Smart capital management
Leverage 3
✅short term
🔵amount : 0.01
🔵min balance : 1000$
🔵up:997
🔵down :846
🔵Order difference : 0.05%
🔵Order sell: 0.2%
🔵tp:20$
✅mid term
🔴amount : 0.1
🔴min balance : 1000$
🔴up:1328
🔴down :707
🔴Order difference : 0.2%
🔴Order sell: 0.5%
🔴tp:150$
✅long term
🟢amount : 0.5
🟢min balance : 1000$
🟢up:1943
🟢down :580
🟢Order difference : 1%
🟢Order sell: 1.5%
🟢tp:1000$
❗Open only with bot scm
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
MKR SHORT TREND LİNE⚡⚡ #MKR/USDT ⚡⚡
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Cross (20X)
Entry Zone:
1) 1024
2) 1032
3) 1038
Take-Profit Targets:
1) 1005
2) 981
3) 963
4) 944
Stop Targets:
1) 1043
Trailing Configuration:
Entry: Percentage (0.5%)
Take-Profit: Percentage (0.5%)
Stop: Moving Target -
Trigger: Target (1)
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.
Maker possible scenariosour previous Analyze on Maker goes wrong. it happens usually in market,
any way
we are under dynamic resistance in daily and as you can see there is a pivot area in daily if the price could cross dynamic resistance and pivot, after a pullback to 800 we can get a long position(scenario 1), but I think we are still in a downtrend and Red line on the chart is more valid because Rsi is in overbought and also BTC should break down and will take everything down with itself, better to wait and watch exactly...
MKRUSDT Rejected on the 1D MA200. Bearish unless this breaks.*** ***
For this particular analysis on Maker we are using the MKRUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where MKR is shown trading on its long-term bearish pattern which is a Channel Down (1) since August 23 2021 High. There is also a diverging Channel Down (2) that started on November 26 2021. Maker's impressive rise yesterday stopped just below the top of that Channel Down and even more so on its 1D MA200 (orange trend-line), which has been a major Resistance throughout this bearish trend.
As you see, the last two emphatic rejections for MKRUSDT have been on exactly on the 1D MA200 (April 05 and May 11 2022) and both resulted into strong sell-offs below the 1D MA50 (blue trend-line). With the 1D RSI rejected also on the 80.000 vastly overbought level (the highest RSI reading since April 22 2021), it is quite likely that the price will follow a similar selling sequence, on the short-term at least, towards the 1D MA50 or even the 4-month Support Zone (651.00 - 583.00).
Yesterday's rejection simply shows that technically, the coin remains bearish on its +1 year selling pattern. In order to see a reversal on its long-term trend to bullish, we need to see the candle closing above the 1W MA50 (red trend-line), which has been unbroken since December 09 2021.
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