MKRbreak out? or false break out?
Still waiting for what the market shows to have more confirmation on this trade.
MKRUSDT trade ideas
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 | BOUNCE FROM SUPPORTMKRUSDT has been in a strong bearish trend.
the price has broken below major supports.
Now price has took support a strong horizontal zone.
The same zone is also double bottom zone.
The bulls need to hold the breakout above falling resistance.
We are expecting bulls will took control and price may go higher from here.
Manage your trades accordingly.
[MKR] bullishhuge bullish divergence + local divergence + throwback completed on strong support
target: 1100
Don't forget to set a stop loss order.
MKR I'm not confident about this trade.
No enough confluence. I just need to save this for my back testing purposes later :)
MY CONDOLENCES TO THE MKR COMMUNITY...This is not a Technical Analysis,
But I would like to give my deepest condolences to the Maker DAO community for your loss.
Nikolai Mushegian, you were truly a very intelligent individual.
My heart goes out to you, your family, and friends.
Thank you for your massive contributions to growing the cryptocurrency space.
May your spirit rest in paradise. :'(
MKR SWING TRADE (SPOT)Big wallets have been accumulating MKR for the past few days. They know something for sure.
Accumulate between 750 to 805.
Expect at least 45% upside from entry if it doesn't get invalidated.
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 2ND RETEST OF WEEKLYWe see MKR retest the weekly level of 894, giving us traders a second entry long for a possible continuation to the upside.
Moreover, the first retest hit the 0.5 fibonacci level (exxxactly to the dollar)
Giving us further confidence that it may make its way to the upside :)
Safe Trading Friends <333
Makerdao potential for next yearMakerdao could continue it's previous trend from last year. The small out break could lead to much higher levels.
To be continued...
MKR USDT LONG SWING | MKRUSDT | LONG @ 860 - 900 | TP @ 910, 920, 930, 940, 950 | SL @ 760 | PATTERN = MORNING STAR | FTX |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:MKRUSDT BINANCE:MKRUSDTPERP BINANCE:MKRUSD COINBASE:MKRUSD FTX:MKRUSD FTX:MKRPERP KUCOIN:MKRUSDT BITSTAMP:MKRUSD
MKRUSDT LONG POSTIONDXY is down trend for a middle term
Crypto going up
MKR are lagging
Long is gonna happens
NFA good luck
Bullish Penn MKRMakers price action is formed a bullish pennant and the next resistance is the 4-Hour resistance which is formed up near 1,100
MKR/USDT : on buying areaMKR Mid-term (daily chart basis) 1 to 6 weeks
Scenario : We expect a tentative of bullish exit from the current bearish trend as long as MKR remains 800 and 1020 in setback. An intermediate resistance area at 1470/1740 is acting as taking profit level on the short-term while 3580 is the standard target for the coming weeks/months
Key Elements:
The long-term trend analysis show potential towards 3580 as long as 430 strategic support remains valid
The mid-term element as Mobile average and RSI are confirmed bullish signal
MKR is outperforming ETH & BTC on a mid-term basis which allow us to keep this coin in portfolio
Trade Idea : Buy
Target 2 : 3580 (+266% from 1120)
Target 1 : 1730 (+80% from 1120)
Entry area 980 (in setback)
Stop 800 (Daily close)
Watch out MKRWhat if this plays out? It might but a C&H in formation.
I think the green one is the more likely but eventually it's up to how BTC behaves.
Sorry I didn't write much, I'm not in the mood and I think this is pretty straightfoward.
Good luck
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 .
MKR Short Set upMKR made the double top in 1D TF , RSI is oversold and breaking the trend line to downside. A swing trade with MKR will give a good profit
MKR Short entry 1110 Clean MSB going for a retest into a 1H / 2H / 3H
Entry: 1110, SL: 1152, TP: 1000
Short MKRUSDTPERP on Binance📊 $MKRUSDTPERP *** (Short)
Daytrade (Target 1)
Swing (Target 2-3)
Stop Loss
✂️ 1147.2 (3.79%) -
⛔️ Entry Points
📌 NOW
📌 $ 1111.7-1118.6
Add more
📌 $ 1128.3
Take Profit
🎯 $ 1056.4-1047.7 (take 50%, Decrease SL to entry)
🎯 $ 1002.6-987.3 (TP 50%/or wait tp 3)
🎯 $ 915.2-902.6 (Trade concluded)
🎯 $ < 902.6 Bonus
