MKRUSDT
MKRUSDT (1D) OUTLOOKEDUCATIONAL PURPOSE ONLY 🤬🤬🤬
MKR has been trading between 3986 and 1893 range since June 2021. Having broken out of a prevailing structure within this range, i want to see price drop to 2633 -2200 range before i make a move to buy the coin for a quick target at 3986 area.
Remember that price have tested this 3986 (EQH) level for 3x hence i expect a quick drop from there to 1900/1750 area which will the best point to buy in for a long term holding.
I will update here is price structure changes.
PLEASE LIKE, COMMENT AND FOLLOW ME TO ENCOURGAE MORE INSIGHTS
MKR/USD - Major breakout! Rally in progress... 🚀Maker, the DAO for DAI stablecoin just broke above a key level.
A sustained rally can take us higher, see level on the chart. This coin has strong fundamentals and has already rallied a lot this year.
Indicators looks great, volume as well. Bullish bias.
Like and follow if you liked my idea!
$MKR is gearing up it seems! MKR
MKR Is giving me BTC Vibes before a breakout prior to ATH
it seems like it is gearing up into a diamond formation and the demand zone looks super strong.
That being said, i will DCA into those 3 areas between the 0.236 and 0 fib levels.
Potential increase: 150%
mid-term hold
will use super small capital for this trade
MKRMKR vs ETH. Few things to note, We broke out of the large multi year falling wedge. The break out tested 100 weekly ema around 2 ETH per MKR. We are at ATL vs ETH now, the BTL is very close and can get tapped. A reverse back to fib retracement lvl 236% & Also the 100 ema weekly would be around 1.86 ETH per MKR
MKRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price can create a head and shoulders pattern and lead to a fall.
But if it breaks the resistance line upwards and stabilizes, it can start moving upwards.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
MKRUSDT - Watch This LevelMAKER is approaching a very important level of price where if we break it, we will be bullish. However if we reject the 2600 level, we can see price coming back to the lows of 1800-1900 once more.
Will be keeping an eye on 2600 and if we break that level impulsively, we can look for a retest to take MKR higher.
MKR USDT SHORT SWING TRADE| MKRUSDT | SHORT @ 2380 - 2370 | TP @ 2360, 2350, 2340, 2330, 2320 | SL @ 2460 | PATTERN = DESCENDING TRIPLE BOTTOM BREAKDOWN |
PNF chart on the hourly shows a trend reversal, DESCENDING TRIPLE BOTTOM BREAKDOWN.
The strategies I use involve a mix of PNF and Renko. My type of trading is strictly swing trading.