MKRUSDT trade ideas
MKR, breaking out of the downtrend line.The following is machine translation:
The rebound was suppressed by the downtrend line several times during the pullback.
In the past one or two months, the lowest price was stable at around 1700 and stopped falling.
It is also rebounding from around 1700.
It broke the downtrend line yesterday and continues to rebound today, which is bullish.
The long-term target is near 2700.
MKR Decision to be Made, Volatility AwaitIt is reaching a significant diagonal resistance of the Bear market. I believe that it is going to be about the reaction after "FED" announced their hike and plan today. We need to keep an eye on this important event as it will mark the sentiment of overall crypto-market. It is going to be very volatile no matter what.
MKRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has received support at the support zone. It is likely for the price to be able to break the resistance line and move to the next resistances. You can set the Buy order here for the next resistance. If the next resistance is also broken, it will move to the next resistances.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
MAKER - Easy Money Maker ✨We saw a 5 wave impulse at the start of 2021 followed by a massive ABC correction which lasted almost a year. We are now expecting the next 5 wave impulse to take to ATH and higher.
Maker is really susceptible to volatility wicks so be careful when trading.
Trade Idea:
- Swing entry now with stops below the lows
- You can also wait for lower timeframe pullbacks to enter to reduce your risk (smaller SL placement)
- Targets: 4000, 6100, actively manage the rest
Goodluck!
MKRUSDT Wave Analysis (GLOBAL VISION)Hello friends.
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Everything on the chart.
Globally we're in wave of (IV).
Waiting for an upward movement either from the current price, or through a some update of the last low.
It all depends on btc, if btc will formed global triangle then yellow option,
if on bitcoin we get a complication to double zigzag(wxy) with updating the local minimum to the 25k region,
then the MKR goes to test the ~1200 zone and only from there it starts to grow, in any case, the goals are the same.
Entry: market and lower
minimal target: 7500
MAIN TARGET ZONE AT THE END OF BULL RUN: 10-12k$
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of growth,consolidation below ~0.001$
Risk is justified.
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
$MKR/USDT 12h (#BinanceFutures) Falling broadening wedgeMaker DAO bounced back on support and seems to be heading toward 50MA retest, let's give it a try.
Current Price= 1850.9
Buy Entry= 1822.4 - 1733.4
Take Profit= 1994.5 | 2199.6 | 2494.3
Stop Loss= 1596.7
Risk/Reward= 1:1.2 | 1:2.33 | 1:3.95
Expected Profit= +24.36% | +47.44% | +80.58%
Possible Loss= -20.38%
Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 1.5 months
makerdao.com
Contracts:
#ERC20 0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2
#BEP20 0x5f0da599bb2cccfcf6fdfd7d81743b6020864350
#BEP2 MKR-F04