MKRUSDT trade ideas
MKRUSDT, Its time to buy one stepHello everybody
Maker is one the most powerful project that is working on crypto and DAO base
According to the chart you can see , after the price broke the trendline with the breakwave the price need to have correction and we shwon on chart the 2 important support zone area .
The price impacted to the first support zone area and we expect the price to move upwards and re-test again the top of the breakwave and ...
And we have key point level, until the key point is not break down and consolidation below the key point the potential to move upwards we have and expect it.
Good Luck
Abtin
MKRUSDT, Its time to buy one stepHello everybody
Maker is one the most powerful project that is working on crypto and DAO base
According to the chart you can see , after the price broke the trendline with the breakwave the price need to have correction and we shwon on chart the 2 important support zone area .
The price impacted to the first support zone area and we expect the price to move upwards and re-test again the top of the breakwave and ...
And we have key point level, until the key point is not break down and consolidation below the key point the potential to move upwards we have and expect it.
Good Luck
Abtin
MKRUSDT - SETUPMKRUSDT price is breaking up the ceiling area where two resistances a zone and a trendline lies. The only hurdle is FIB LEVEL 61.8%. If bulls successfully break this level then can pull this price easily towards 3300 followed by 3350. And if this fib level works as a resistance we could see a sell-off towards 3100 followed by 3300. Good Luck!
MKRUSDT breakout is nearFellow traders.
Here is the channel MKRUSDT is moving inside. A break and close above resistance line (red one) indicates a breakout. After retest, first target could be a range near current ATH.
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MKRUSDT Technical Analysis💎 MKRUSDT has broken above the major resistance and also the symmetrical triangle. After the pullback the price will continue the bullish move
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🎳 Entry/Pullback now or from 3427 - 3188
☕️ TP1 3631
🍺 TP2 3968
🍻 TP3 4327
🍾 TP4 4672
🍷 TP5 5000
🚫 SL 3188- 2945
Good Luck 🎲
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💡Don't miss the great buy opportunity in MKRUSD @makerdao
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3146).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74
Take Profits:
TP1= @ 3439
TP2= @ 3732
TP3= @ 3990
TP4= @ 4244
TP5= @ 4956
SL= Break below S2
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. . . . . . . . Hit the 👍 LIKE button,
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💡Don't miss the great buy opportunity in MKRUSD @makerdao
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3146).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74
Take Profits:
TP1= @ 3439
TP2= @ 3732
TP3= @ 3990
TP4= @ 4244
TP5= @ 4956
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
MKR - Bullish Takeover 🔥From our last analysis on MKR, we had a really nice breakout and then created a bullish correction for a move higher.
The play here it to wait for the next bullish correction which will likely come back to the ascending trendline and then entry with stops below the trendline. However, if you want to enter now, you can look for lower timeframe pullback and then enter with stops below 61.8 fibonacci.
There's enough room for MKR to move up and we're targeting atleast 6000.
MKRUSDT had a breakout from the descending channel 🦐MKRUSDT had a breakout from the descending channel. IF the price is going to have a breakout from the 4h resistance, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.