MKRUST trade ideas
MKR 1W🔍1. Overall Trend:
In the long term, we can see that MKR was in a downtrend, as evidenced by the falling trendline (orange dashed line).
The last candles show that the price has broken this downtrend line - this could indicate a potential trend reversal or at least an attempted upside correction.
📊Support and resistance levels (horizontal chart):
Strong support (red) and resistance (green) levels are marked:
✅ Resistances:
~3,770 USDT – local top, very strong resistance.
~3,079 USDT – previous support, now acting as resistance.
~2,002 USDT – current growth barrier, price is currently struggling with this level.
🔻 Supports:
~1,574 USDT – current local support.
~1,248 USDT – next support, previously tested.
~800 USDT and ~400 USDT – historical accumulation zones, deep support levels.
Oscillators (bottom of the chart):
Stochastic RSI – currently in the upper zone, which may suggest that the market is approaching overbought. Possible correction.
RSI (classic) – oscillates around 50, i.e. neutral, but with a slight upward slope. There is no overbought signal yet.
🧠 Conclusions:
➕ Bullish signals (pro-growth):
Break of the downtrend line (may be the first signal of a trend change).
Formation of a higher low.
Oscillators are not yet in the extreme zone.
➖ Bearish signals (pro-fall):
The price has not yet managed to break the resistance at 2,002 USDT.
Stochastic RSI indicator close to the overbought zone - possible short correction.
📌 Scenarios:
1. Upside scenario:
If the price breaks through the 2,002 USDT level and stays above it, the next target will be the 3,079 USDT level.
Confirmation will be the rising RSI and staying above the trend line.
2. Downside scenario:
If the price fails to break through the 2,002 USDT level and falls below the 1,574 USDT level, a possible test of the 1,248 USDT level or even lower (800 USDT).
MKR – Weekly Channel Breakout, Daily Rising Wedge📈 GATEIO:MKRUSDT has broken out of a long-term descending channel on the weekly chart, and the retest is holding so far — a sign of potential strength.
🔹 On the daily timeframe, price action is forming a rising wedge — a structure to watch closely as momentum could build quickly if confirmed.
💡 Risk management is key — safe stop-losses and tight entries are the name of the game here.
👀 Stay alert — this one is heating up!
Maker ready to go balistic!- trading within what appears to be a descending broadening wedge for the last year
- with ETH likely heading towards at least 2.6k for a mean reversion play, it is very likely Maker is one of the coins that benefit from ETH strength the most
- target of the formation is SUBSTANTIALLY higher
MKR/USDT 4h chart ReviewHello everyone, let's look at the 4H MKR chart to USDT, in this situation we can see how the price moves on the created upward trend line. Going further, let's check the places of potential target for the price:
T1 = $ 1576
T2 = 1657 $
Т3 = 1714 $
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = $ 1529
SL2 = $ 1499
SL3 = $ 1450
SL4 = 1372 $
Looking at the RSI indicator, we see
How slight relaxations give space for further increases by living in the upward trend of price.
MKR Falling Wedge Breakout + Target & Key LevelsBINANCE:MKRUSDT just broke out of a 1-year long falling wedge, see 1D zoom below.
Further confirmation would be either:
• Daily retest of the resistance as support
• Weekly close above the resistance
Key Levels to Watch
Aside from the demand zone, these are all potential resistances and good candidates for partial TPs.
• $520-$720: Key demand zone. A break below it would invalidate any bullish setup.
• $1600-$1800: Daily sell order block, and the first resistance to overcome.
• ~$2000: 0.382 fib of the move down, and HVN*.
• $2300-$2400: 0.5 fib of the move down, daily sell order block and previous support
• ~$2800: 0.618 fib of the move down, and HVN*.
• $3800-$4000: Daily sell order block, and 2024 high.
The falling wedge measured target is $3700 .
* HVN = High Volume Node
MKRUSDTmy entry on this trade idea is taken from a point of interest above an inducement (X).. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as I anticipate.. just a trade idea, not financial advise
Entry; $01390
Take Profit; $1267
Stop Loss; $1429
MKR Looks Bearish (1D)The correction of MKR seems to have started from the point marked START on the chart.
This correction appears to be a diametric pattern, and we are now in the late stages of wave F, which has been a bullish wave.
It is expected that from the red zone, wave G a bearish wave will begin.
The closure of a daily candle above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
MKRUSDTmy entry on this trade idea is taken from a point of interest below an inducement (X).. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as I anticipate.. just a trade idea, not financial advise
Entry; $1185
Take Profit; $1281
Stop Loss; $1154
#MKR Bears in Control: Is a Breakdown Inevitable or Not?Yello, Paradisers! Is #MKR setting up for another leg down, or will the Bulls finally step in? The structure is clear; this could get ugly unless something changes soon. Let’s break down the #Maker setup:
💎#MKRUSDT is forming a Descending Leading Diagonal, a classic bearish pattern within a larger zigzag correction. This structure suggests that sellers remain in control, with each bounce being met by renewed selling pressure.
💎Price is currently reacting off the descending support near $1,160. While a short-term bounce toward $1,250 - $1,300 is possible, it remains within the bearish framework. The critical resistance to watch is at $1,333—a breakout above this level would invalidate the bearish setup and signal a shift in momentum.
💎If the bearish structure holds, the next leg down could take us to the strong support zone at $1,000 - $950. This is where buyers will have their last real chance to defend the trend. A failure to hold this level could open the door to a deeper correction.
💎RSI remains weak, showing no strong bullish divergence, signaling that momentum is still in favor of the sellers. The volume is declining, meaning the recent price action lacks strong buying conviction.
Strive for consistency, not quick profits. The market rewards discipline and patience—trade smart, Paradisers!
MyCryptoParadise
iFeel the success 🌴
MKR, Ready for a short opportunity !!!Hello Traders, Hope you are doing great.
After a good upward movement that happened in last weeks, now it seems that bulls are going to lose their control and we'll probably see a downward correction after the price reaches to the specified supply zone, we also have regular divergences on 4H and Daily timeframes.
So for upcoming days I expect a slowly upward movement at first and after that Bears step in and cause a downward correction happen. Targets have determined by Blue dashed lines.
And finally Tell me What are your thoughts about MKR ? UP or DOWN ? comment your opinion below this post.
MKR Correction
MKR is one of the better looking altcoins out there, currently correcting an impulsive wave which began early February.
I'll be looking for long trades in smaller timeframes once price hits the 50% pullback.
Strong gray resistance held price on the first try, but I believe it will be at least retested
UniversOfSignals | MKRUSDT 70% Move?Let's analyze and review one of the best coins in the DAo area together and find another entry point together and update our previous triggers
🌐 Overview Bitcoin
Before starting today's altcoin analysis, let's look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714.
Yesterday's correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days.
MakerDAO’s sharp increase in fees and growth in Total Value Locked (TVL) has fueled demand. On February 20, $156.77 million of MKR was burned, reducing supply. Growth in active addresses and trading volume has driven the price higher. Strong resistance at $1,800 may limit further growth. MakerDAO’s emergency offering has raised concerns about $3.1 billion USDC exposure.
📊 Weekly Timeframe
In the weekly timeframe, the token has seen a 95% gain on the coin, which is a good sign in these market conditions!
Also, in this timeframe, we are in an opening triangle, which is characterized by high volatility, and we are constantly moving towards the bottom and top of this triangle, regardless of the ceiling and floor or support and resistance, and the exit from this triangle will also be sharp.
In this timeframe, we did not have a trigger in advance to say that we could buy or anything else, and it moved very sharply. If you lose, it is normal and do not blame yourself and your strategy.
After exiting this triangle and breaking 2.182, we can have a good trigger to buy, and for now, if you bought and held during this fluctuation and are in profit above 50%, it is logical to save profit, but if you did FOMO and bought, it is better not to continue trading and be busy watching the tutorial for now.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends!
TradeCityPro | MKRUSDT 70% Move?👋 Welcome to TradeCityPro Channel!
Let's analyze and review one of the best coins in the DAo area together and find another entry point together and update our previous triggers
🌐 Overview Bitcoin
Before starting today's altcoin analysis, let's look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714.
Yesterday's correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days.
MakerDAO’s sharp increase in fees and growth in Total Value Locked (TVL) has fueled demand. On February 20, $156.77 million of MKR was burned, reducing supply. Growth in active addresses and trading volume has driven the price higher. Strong resistance at $1,800 may limit further growth. MakerDAO’s emergency offering has raised concerns about $3.1 billion USDC exposure.
📊 Weekly Timeframe
In the weekly timeframe, the token has seen a 95% gain on the coin, which is a good sign in these market conditions!
Also, in this timeframe, we are in an opening triangle, which is characterized by high volatility, and we are constantly moving towards the bottom and top of this triangle, regardless of the ceiling and floor or support and resistance, and the exit from this triangle will also be sharp.
In this timeframe, we did not have a trigger in advance to say that we could buy or anything else, and it moved very sharply. If you lose, it is normal and do not blame yourself and your strategy.
After exiting this triangle and breaking 2.182, we can have a good trigger to buy, and for now, if you bought and held during this fluctuation and are in profit above 50%, it is logical to save profit, but if you did FOMO and bought, it is better not to continue trading and be busy watching the tutorial for now.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends!