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Mkrusdtlong

MKR/USDT: Looking Promising for a Breakout!MKR/USDT: Looking Promising for a Breakout! MKR/USDT is showing signs that it could be on the verge of a strong upward move. This setup is creating excitement as traders watch for a potential rally in the coming days. Here’s a detailed look at what to keep in mind to maximize your breakout trading strategy: Breakout trading tips 💡 1. Confirm the breakout: A true breakout happens when the price pushes above the resistance level with solid momentum. Look for a strong candle close above this level, backed by increasing volume. This indicates that buyers are committed and less likely to reverse. Avoid jumping in on weak moves, as “fake-outs” can trap traders who enter too early 📊 2. Watch for retests: Breakouts often come with a “retest” where the price dips back to test the old resistance level as support. This is a crucial area to watch, as successful retests can confirm the strength of the breakout. This can also offer a better entry point with reduced risk, allowing you to take advantage of the trend without chasing the price 🔄 3. Set smart stop-losses: Protecting your capital is key. For breakout trades, placing a stop-loss slightly below the breakout level or retest point is a smart way to limit losses in case the breakout fails. A well-placed stop helps you stay in control even if the move doesn’t hold up 🛡️ 4. Track market sentiment: Breakouts are often influenced by the overall market environment. Keep an eye on Bitcoin and other major cryptocurrencies, as sentiment shifts in these can impact smaller assets like MKR. Strong bullish or bearish trends in the market can either boost or stall breakout momentum, so always stay aware of the bigger picture 🌐 5. Set realistic targets: Map out potential resistance levels above the breakout point. These can act as targets for your trade. Taking partial profits at these levels allows you to lock in gains while leaving some position open if the trend continues 📈 Trade with caution and keep these tips in mind to make the most of MKR/USDT’s promising move. This isn’t financial advice—always DYOR! 🔥
Long
by Crypto-By-Ghazi
2
MKR/USDT - Maker: BBand Breakout Super-Trend◳◱ 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, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Financial - Lending ▣ Overview: Maker is a peer-to-contract lending platform enabling over-collateralized loans by locking Ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. Dai's stability is achieved through a dynamic system of collateralized debt positions, autonomous feedback mechanisms and incentives for external actors. Once generated, Dai can be freely sent to others, used as payments for goods and services, or held as long term savings. ◰◲ Technical Metrics : ▣ Mrkt Price: 2363 ₮ ▣ 24HVol: 31,135,876.879 ₮ ▣ 24H Chng: 13.17% ▣ 7-Days Chng: 10.28% ▣ 1-Month Chng: 21.81% ▣ 3-Months Chng: 66.66% ◲◰ Pivot Points - Levels : ◥ Resistance: 2236 | 2379 | 2636 ◢ Support: 1979 | 1865 | 1608 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 1.72 ▣ Last 90D: 2.68 ▣ Last 1-Y: 1.44 ▣ Last 3-Y: 0.43 ◲◰ Volatility : ▣ Last 30D: 0.40 ▣ Last 90D: 0.57 ▣ Last 1-Y: 0.70 ▣ Last 3-Y: 1.02 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.53 - Bullish ▣ Reddit sentiment score is 0.72 - Bullish ▣ In-depth MKRUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
**Cryptocurrency Trade Analysis - MKRUSDT**🚀 **Cryptocurrency Trade Analysis - MKRUSDT** 🚀 Hello fellow traders! 🌟 Let's delve into an insightful technical analysis of the MKRUSDT cryptocurrency pair on the 1-hour chart. This analysis is intended for educational purposes and sharing of ideas. Remember, trading involves risks, and this is not financial advice. ## **Chart Overview:** - **Trend:** Bullish 🐂 - **Divergence:** No - **Continuation Pattern:** Cup and Handle ☕👐 - **Breakout:** Awaited ## **Technical Analysis:** MKRUSDT is showing a promising uptrend on the 1-hour chart, indicating potential bullish momentum. The absence of divergence in this trend emphasizes its robustness. Furthermore, a fascinating Cup and Handle pattern has emerged, hinting at a possible continuation of the bullish trajectory. As of now, we're awaiting the breakout from this pattern. ## **Trade Plan:** - **Entry - Buy Stop:** 1261 - **Stop Loss:** 1235 - **Take Profit:** 1288 ## **Trade Rationale:** With the confirmed bullish trend, lack of divergence, and the formation of a Cup and Handle pattern, there's an intriguing chance to capitalize on the anticipated upward movement in the MKRUSDT pair. ## **Risk Management:** Remember, risk management is paramount. The suggested stop loss at 1235 helps safeguard against potential losses in case the market takes an unexpected turn. ## **Trade Execution:** Please be aware that trade execution can vary due to market fluctuations. Keep a close watch on price actions and ensure your trading platform is configured for pending orders. ## **Investment Advice:** Trading cryptocurrencies comes with substantial risk and may not be suitable for all traders. This analysis serves for educational purposes only and does not constitute financial advice. Always conduct your own research and consider seeking professional guidance before making trading decisions. 📚 **Keep Learning and Adapting:** Trading is a dynamic journey of continuous learning. Regularly refine your strategies, manage risk prudently, and stay disciplined in your trading approach. **Disclaimer:** This analysis is based on past price data and doesn't guarantee future outcomes. Cryptocurrency markets can be highly volatile and subject to rapid changes. Exercise caution and trade responsibly. #MKRUSDT #CryptocurrencyTrading #TechnicalAnalysis #BullishTrend #TradingView Wishing you successful trades and steady growth! 📈🚀
Long
by T-Q
1
MKR : UPCOMING TRENDthe upcoming trend for MKR what could make it able to gain up $800 coming time. Technical view shows the possibility for a new increase by MKR. Low time frame MKR needs to hold the $600 USD price action to be able to play in a stable trend that could change into a new increase view. If MKR can hold the $600 within the time frame then we could meet in the coming time the target of $800 MKR is at this moment one of the interesting coins that could show an increased view.
Long
by Goldenbreakout
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
MKR/USDT - Maker: Resistance_Breakout_Confirmation◳◱ An impressive Resistance Breakout and Confirmation has been detected on the ASX:MKR / CRYPTOCAP:USDT chart. The price has surged above a key resistance level, accompanied by a compelling candle pattern, thereby signifying a promising bullish trend. Notable resistance levels can be pinpointed at 761 | 817 | 919, while substantial support zones are identifiable at 659 | 613 | 511. It is highly recommended to seize this opportunity by entering a trade within the present price range of 708 and setting sights on higher levels of profitability. ◰◲ General info : ▣ Name: Maker ▣ Rank: 67 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex ▣ Category/Sector: Financial - Lending ▣ Overview: Maker is a peer-to-contract lending platform enabling over-collateralized loans by locking Ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. Dai's stability is achieved through a dynamic system of collateralized debt positions, autonomous feedback mechanisms and incentives for external actors. Once generated, Dai can be freely sent to others, used as payments for goods and services, or held as long term savings. ◰◲ Technical Metrics : ▣ Mrkt Price: 708 ₮ ▣ 24HVol: 4,418,279.317 ₮ ▣ 24H Chng: 3.812% ▣ 7-Days Chng: -6.10% ▣ 1-Month Chng: 7.86% ▣ 3-Months Chng: 0.98% ◲◰ Pivot Points - Levels : ◥ Resistance: 761 | 817 | 919 ◢ Support: 659 | 613 | 511 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 0.93 ▣ Last 90D: -0.12 ▣ Last 1-Y: -0.03 ▣ Last 3-Y: 0.63 ◲◰ Volatility : ▣ Last 30D: 0.51 ▣ Last 90D: 0.48 ▣ Last 1-Y: 0.86 ▣ Last 3-Y: 1.15 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.53 - Bullish ▣ Reddit sentiment score is 0.46 - Bearish ▣ In-depth MKRUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
MKR/USDT - Maker: BBand_Breakout◳◱ A Bollinger Band breakout has been identified on the ASX:MKR / CRYPTOCAP:USDT chart. The price has moved outside of the upper Bollinger Band, indicating a potential bullish trend. The next resistance key levels are located at 702 | 786 | 966, and the major support zones can be found at 522 | 426 | 246. Consider buying at the current price zone of 671 and targeting higher levels.BBand_Squeeze ◰◲ General info : ▣ Name: Maker ▣ Rank: 61 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex ▣ Category/Sector: Financial - Lending ▣ Overview: Maker is a peer-to-contract lending platform enabling over-collateralized loans by locking Ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. Dai's stability is achieved through a dynamic system of collateralized debt positions, autonomous feedback mechanisms and incentives for external actors. Once generated, Dai can be freely sent to others, used as payments for goods and services, or held as long term savings. ◰◲ Technical Metrics : ▣ Mrkt Price: 671 ₮ ▣ 24HVol: 2,117,940.001 ₮ ▣ 24H Chng: 0.751% ▣ 7-Days Chng: 8.59% ▣ 1-Month Chng: 6.50% ▣ 3-Months Chng: -0.00% ◲◰ Pivot Points - Levels : ◥ Resistance: 702 | 786 | 966 ◢ Support: 522 | 426 | 246 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 1.73 ▣ Last 90D: -0.02 ▣ Last 1-Y: 0.36 ▣ Last 3-Y: 0.58 ◲◰ Volatility : ▣ Last 30D: 0.38 ▣ Last 90D: 0.45 ▣ Last 1-Y: 0.90 ▣ Last 3-Y: 1.15 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.53 - Bullish ▣ Reddit sentiment score is 0.72 - Bullish ▣ In-depth MKRUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
1