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MKRUSDT

MKR buy setupThe 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 confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
MKR wit btc pair 360 % profithello dear traders ready for bull run ? maker dao breakout downtrend channel and now in bulish pattern About Maker What Is Maker (MKR)? Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI stablecoin. Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI, a community-managed decentralized cryptocurrency with a stable value soft-pegged to the US dollar. MKR tokens act as a kind of voting share for the organization that manages DAI; while they do not pay dividends to their holders, they do give the holders voting rights over the development of Maker Protocol and are expected to appreciate in value in accordance with the success of DAI itself. The Maker ecosystem is one of the earliest projects on the decentralized finance (DeFi) scene: the industry that seeks to build decentralized financial products on top of smart-contract-enabled blockchains, such as Ethereum. good luck
Long
by mehdi_kb
MKR/USDT Primed for a Bullish Surge from Demand Zone? 👀🚀 MKR💎 Paradisers, attention is due as #MKR showcases a fascinating trend, nestled within a demand zone and gearing up for a potential bullish ascent. 💎 Recently,#MAKER managed to vault over the supply zone at $1612, and it's currently showing respect for the demand level at $1838. Should MKR maintain its drive at this crucial point, we're anticipating a robust climb, eyeing targets beyond the next significant supply zone. 💎 But, what if MKR doesn't hold its ground at $1838? For the astute traders among us, a bullish rebound from the lower demand level at $1612 becomes our next watchpoint. However, a dip below this marker could signal a substantial bearish turn.
Long
by MyCryptoParadise
1
MKR/USDT 4HInterval Chart ReviewI invite you to review the chart of MKR in pair with USDT, on a four-hour interval. Here, using the blue lines, we will identify a strong downtrend channel where the price is approaching the upper part. Additionally, inside the channel, yellow lines will indicate an additional local downward channel, in which the price is at the upper edge, but this may limit the increase. Now let's move on to defining the supports. And here, after unfolding the Fib Retracement grid, you can see how the price is maintained in the support zone from $1972 to $1924, then there is support at the price of $1862, but if we go lower, the next very strong support is around the price of $1684. Looking the other way, we can similarly determine the resistance areas that the price must face. And here you can see how the zone from $2012 to $2065 stops the upward movements, then when we go above it and from the falling channel, we have resistance at the level of $2150, and then at the current peak at the price of $2287. Looking at the RSI indicator, you can see how there is a fight to come out on top from the downtrend line. However, on the STOCH indicator, we are very close to the upper limit, which may translate into an upcoming price recovery.
by cryptodailyuk
MKR/USDT Facing a key resistance zone, Could Break or rejected?💎 MKR has recently witnessed significant developments in the market. It is currently facing a key resistance zone, and historical data indicates the strength of this area. 💎 To continue its upward trajectory, MKR would need to break out of this zone successfully, which could potentially lead to a significant upward movement, probability aiming to reach our target strong resistance area. 💎 However, if MKR fails to break through this key resistance zone once again, there is a possibility that the price could retreat to the support area around 1616 to establish new momentum. In a more bearish scenario, MKR could even drop down to the demand area near 1300. 💎 The demand area is crucial as it represents the last support for a bullish movement. Bouncing from this area and reclaiming the price above the support zone is essential for the potential continuation of MKR's upward movement. However, if MKR fails to do so, the price could continue its downward path, returning to the accumulation zone, and potentially hitting the bottom support of that zone.
by MyCryptoParadise
MKRUSDT # 001 ( 2ND cycle Bullish rally to 6500 $ ) Hello dear traders. Good days . First Weekly Gann Square finished and 2nd cycle of Gann Square is started . first Gann Arc resistance is broken and @ exact reversal Time zone , MKRUSDT get support from lower Gann Fan line to start 3rd Elliot wave and expected to hit 0.5 Gann box fib level ( 3565 $ ) . It can go test 0.618 Gan box Fib level around 4495 $ . In detail chart will update. Chart updated and route plotted with help of Gann Square and Gann Box. Good luck and safe trades. Thanks for your support and comments
Long
by SHAlavi
MKR/USDT 4HInterval ChartI invite you to review the chart of MKR in pair with USDT, on a four-hour interval. First, we will use the yellow line to mark the upward trend lines above which the price remains. Going further, we can move on to marking support areas when we start a larger correction. And here, after unfolding the trend based fib extension grid, the first support is at the price of $1,537, and then it is worth defining the support zone from $1,410 to $1,343. Looking the other way, we see that the price has been rejected by the resistance at $1,680, only when we manage to break out of it can we see an attempt to grow towards the resistance zone from $1,849 to $1,936. Please look at the CHOP index, because you can see that the current price recovery gives an increase in energy for a new move, the RSI indicator shows a rebound with room for a further decline, and the STOCH indicator behaves similarly, which also has room for the price to go a little lower.
by cryptodailyuk
MKR/USDT - On Crossroads Show some strong signs at these levels: Support at 1262 Level: The price is currently resting on a critical support level at 1262, indicating a potential bounce or continuation. 200 Moving Average Support: Further reinforcing the bullish case, the 200-day moving average is acting as additional support, adding strength to the current position. In the event that both the 1262 level and the 200-moving average hold, target will 1550 . However, caution is advised. If the support falters, and the price breaks below the 200-moving average, a reversal could be in play, with a downside target at 980. Traders should closely monitor these levels for decisive price action.
by K_M_M
Can $MKR Continue its Upward Trend MKR has appreciated by 28% since December 19, yet it remains significantly below its ATH. Given BTC's stable performance and a lack of major negative market influences, MKR's growth prospects appear strong. The current key resistance level for ASX:MKR is at $1633. Surpassing this could accelerate Maker's upward momentum, possibly leading to a new high near $1770. Should a correction occur, ASX:MKR might retreat to support zones at $1526-$1573, $1489, and $1397-$1442, with a further support level at $1362 being tested only if Bitcoin dips to $38,000. The price has broken through the ceiling at $1551 of a rectangle pattern. A decisive break will signal a further rise to $1817 or more. The currency has broken up through resistance at points 1570. This predicts a further rise. In case of negative reactions, there will now be support at points 1570. Volume tops and volume bottoms correspond well with tops and bottoms in the price. This strengthens the trend.
COINBASE:MKRUSDLong
by DEXWireNews
Potential Decline in Supply ZoneMKR is currently in a supply zone, a level it has reached before, leading to a halt in price increase and a subsequent downward trend. It has established a demand zone, indicating potential for upward price movement. However, with MKR at the supply zone again, there's a risk of another downward shift. The asset is following an upward trend line, but a break below this trend could trigger a fall towards further demand areas. This analysis is for informational purposes only and should not be considered as financial advice.
by MonoCoinSignal