Yello, Paradisers! Are you ready for a high-stakes scenario with #MKRUSDT? We have analyzed the asset and it seems ready for more downward move: 💎There's a strong likelihood of a bearish continuation as the #MKR heads to retest its key support at $2088 within the descending channel. This level has held up so far, but the fading trading volume and 3 times...
In the daily time, it is moving in an upward channel, which faced selling pressure after reacting to the supply zone and not being able to break the zone. 💎 Currently, according to the momentum and downward guard, after an attempt to the midline of the channel, it is continuing to correct to the bottom of the channel. 💎 According to the trading node and the...
Mkr usdt Time frame 4 hours Risk rewards ratio >5👈👈👈 First target 3.200 $ Second target 4.000 "$ Yellow box js more important erea to start pump . Green line is supported line that must be watched. Also we can refer to two bottom pattern Finally, this Yellow box is my entrance erea surely.
💎 Paradisers, get ready for a promising opportunity with #MKRUSDT as it consistently follows an ascending trendline, enhancing the likelihood of a bullish trend continuation. 💎 Previously, we observed a shift where supply turned into demand, and the price demonstrated a strong bullish movement, forming a double top before dropping and respecting the ascending...
💎 Paradisers, #MKR is indeed a coin worth monitoring closely. 💎 Currently, there's a potential for the price to retest the demand area around 2530 - 2400. Historical data suggests that MKR tends to bounce consistently when reaching this demand area. 💎 If this pattern repeats, MKR may test the resistance trendline after bouncing from the demand zone. 💎...
💎Paradisers, #MKR is currently building momentum and gearing up to retest the descending resistance. 💎Once it breaks out, we'll wait for a retest to confirm our trading plan. The retest phase usually follows a breakout, offering an excellent opportunity to confirm bullish momentum. If #Maker holds support at $2701 and continues its upward climb, our projected...
BINANCE:MKRUSDT forming an Adam and Eve or a double bottom, indicating a bullish pattern. Currently approaching on the neckline more details on the idea threads below. Stay tuned for updates.
We analyzed the fundamentals and technical aspects of Maker DAO in early April. Let's take a look at the changes after a month. Fundamentally, as the head protocol of RWA, MakerDAO is famous for its security. But after ONDO established cooperation with BlackRock fund BUIDL. MakerDAO chose to expand its $600 million DAI exposure to Ethena’s USDe and sUSDe. This...
📊 Analysis: Relative Strength: Maker (MKR) is exhibiting relative strength compared to BTC amidst market weakness. Reversal Signs: MKR has absorbed liquidity at $2,365 and is showing potential signs of a reversal. Entry: Consider entering the trade at $3,150. Profit Targets: Aim for profits at $3,650 or $4,000 levels. Risk Management: Set a stop-loss at $2,850 to...
The cryptocurrency market has evolved significantly over the past decade, moving beyond its initial focus on digital currencies to encompass a broader range of assets, including real-world assets (RWAs). RWAs represent tangible assets such as real estate, commodities, and financial instruments that are tokenized and traded on the blockchain. The integration of...
After talking about the RWA protocol GFI last week, GFI continues to perform strongly. It has gained more than 20% since the release of our analysis and remains bullish on the indicators. After BlackRock established the BUIDL fund, MakerDAO, one of the leading RWA protocols, also gained attention. The core business of Maker DAO is CDP, which is the creation of...
MKR shows a new volume trend which could be confirmed in the coming time. We will follow MKR to see if it's able to confirm. This is a basic daily trend where we check the confirmation possibility.
💎 MKR has recently encountered notable market dynamics, experiencing a significant rejection at a strong resistance area. 💎 There is potential for MKR to undergo a backtest on the demand area around $2530. If MKR shows positive signs in the demand zone, such as bullish candle rejections, it could bounce back upward and retest the strong resistance area. 💎...
I'm in! Let's go! Cup and Handle... that's a dope pattern.
Hi Everyone; today we have one of the best risk to reward Investment opportunity it is more than 620 times the risk and the chart is look very promising. I expect breaking the previous bear market key point will clear the way to the final target
◳◱ On the $MKR/ CRYPTOCAP:USDT chart, the Bband Breakout Super-Trend pattern suggests an upcoming trend shift. Traders might observe resistance around 2236 | 2379 | 2636 and support near 1979 | 1865 | 1608. Entering trades at 2363 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Maker ▣ Rank: 61 ▣ Exchanges: Binance, Kucoin,...
The price structure is bullish. Now MKR is creating an important BOS. Can become very bullish with a fix on the previous SW H. If on the swap area Pullback is done, we can look for buy positions. Closing a daily candle below the invalidation level will invalidate this analysis Note that the financial market is risky, so: Do not enter any position without...