MKRUST trade ideas
Harmonic PatternsHarmonic Patterns
we have so many kinds of “Harmonic Pattern”:
Black Swan
Bat
Crab
Butterfly
Gartly
White Swan
Shark
Zero_Five
Cypher
Double Top
Double Bottom
📚👌🏻 Each one of them has its unique Fibonacci levels.
⚡️ Do you want to know them?
😍 Happy to see what you find in the charts, please share yours with us
MKR Should Continue Its Downtrend - Cryptoz18❶ Warning
Operations in the Blockchain or FX market represent a high risk. Cryptoz18 is a content creator who posts his ideas for viewers however he never provides an investment recommendation. I recommend to the reader a good risk management and knowledge regarding the environment. Thank you very much.
❷ Tutorials
➤ Here you can find a brief explanation of how the operations work in case you are interested in following them.
➤ Here you can find an explanation of how to track our ideas:
✔️ Our operations are taken with StopLoss and Take Profit of 15 minutes. However, we are looking to try and catch a 4H trend. So, once we touch the TPM according to your own analysis you should consider whether to close the trade or move StopLoss to entry.
❸ Summary
First I have to open my trades on Binance, if not then I don't have time. Sadly it took me a long time and a lot of the movement just happened, if it doesn't go back to that entry consider changing the setup settings.
❹ Operational Information
• Entry price: 1056.5
• StopLoss: 1084.4 (Loss 3.23%)
• TakeProfit Minimum: 1020.2 (Win 3.23%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
MakerDAO ,(MKR/USDT analysis) 📈📉Hello Crypto community Welcome to this introduction for another high potential crypto project.🚀💰
🔹Rank #50,/ kind : Token \\ max Supply: 1,005,577/// Circulating Supply:977,631.04 MKR ( 97 %) ====> Great✅✅
Market Cap:$1,041,472,168\\ Fully Diluted Market Cap : $1,041,472,168===> Great ✅
Total Value Locked ( TVL ) :$8,425,065,955\\\ Market Cap / TVL Ratio: 0.1238 ===> Great ✅✅
🔰What Is Maker (MKR)?
Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI stablecoin.
Coinarketcap-makerdao.com
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📊Technical
As you can see on the WEEKLY timeframe for MKR/USDT ,since May 2021 that MKR recorded an ATH about $6348 , it has been declining in a downward channel and has lost more than 83% of it worth untill now ,and It's already trading on the pivot zone , also recently revealed both positive and hidden negative divergences in current candle ,thus if want to rise more ,it should be able to maintain itself above the current pivot zone , to be able to reach higher R zone or after breakout the upper trendline , may even see the anchored VWAP ( black line) .
but otherwise if weekly candle closes below the current P zone it may fall again on the lower DEMAND zone to be more accumulated there to have a possible jump again .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Close to use Darvas's boxes trategyTechnically:
H4 big desc. candle, closed below the support line.
No correction above 5%
H1 shows us accumulation in a narrow range
Bearish pattern
There are empty zone below.
Green dash line is an next support.
Nicholas Darvas wrote his book after he understood that when the price follows the trend there should be possibillities to increae your position at local stops. It like a train, going fwd, and at the stations you can join the trip. Next station we expect at the 838 (supp.from the Hune 15, confirmed Jun, 30) We have to be very careful about increasing our sells and should see the confirmations from the chart. like low corrections, small bars approaching the level, close retests of the level. In this case it will be allowed to double your position with correction of SL.
MKR could have a little bullish momentum - Cryptoz18█ Operation Information
MKR has not had a strong fall compared to other assets, in addition to taking into account that it is currently one of the most important DeFi projects in the blockchain, it is managing to easily recover from the trend, perhaps a long could be quite consistent if it remains above ours. SL.
█ Operation data
• Entry price: 982.6
• StopLoss: 962.8 (Loss 2.02%)
• TakeProfit Minimum: 1004.4 (Win 2.22%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
✔️ Data: The user is recommended to move the StopLoss to entry once we reach the TPM or also known as the Minimum TakeProfit.
In this way, if the trend is good for a longer timeframe, it will never touch the StopLoss placed on our entry. We will only have to pay the commissions in case we get the SL at the entrance.
Being a 15-minute trade looking to take a 4H trend it is likely to have a fairly low Winrate due to the tight StopLoss however this offers us better risk management. We try to take a 4H trend using SL and TPM of 15 minutes.
This way, we seek to obtain a profit of 100% between all operations. Only 5% of the account per operation could achieve our objective and thus obtain a return of 5-7% per month of the total account. This will be reflected at the top of our profile.
]█ Explanation of how the operations work:
Here you can find a brief explanation of how the operations work in case you are interested in following them.
█ Warning
✔️ Blockchain or FX operations represent a high risk. Therefore, this operation should not be taken as an investment recommendation. All I do is share my trade ideas publicly for the viewer to do their own analysis and decide to enter based on her own decision making. The viewer is recommended to have good risk management in their operations. To do this, take into account the fundamental data of Asset Volume, Market Capitalization, Supply, Percentage Change Price, Current Volatility, Perpetual Data, and lastly, proper Margin and Leverage management. Be careful, you can lose all your money in the future if they have poor risk management. Nothing more to say thank you very much.
MKR, blocked at $1000.The following content is machine translation:
In the 4-hour chart, it is going up along the trend line. Today’s highest level is around 1000 and it is blocked and retreated. The lower support is the rising trend line.
The indicator macd has a bullish trend, and the fast and slow lines are running above the zero axis. At present, the bullish energy column is shrinking, and there is a step back. The RSI indicator turned its head down near the overbought level.
In terms of operation, the current 1000 is blocked and falling back, and you can short-term, take profit near the rising trend line, effectively break the 1000 stop loss, or go long near the rising trend line, effectively fall below the rising trend line and stop loss, look at the vicinity of 1000.
MKRUSDT head and shouldersThe price is testing the 4h support on 880$ after a new bullish impulse where the market retest the daily area resistance at 1120$
Now the price lost the recent daily support n 955$ and the price is creating an head and shoulders pattern where the neckline is the 4h support
How to approach it?
IF the price is going to lose the support and retest as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
MKR, hindered and stepped back to the front support.The following are machine translations:
In the 4-hour chart, this rebound was recently blocked at 1100, and it was blocked and stepped back at 1100 twice, both of which were supported near 1000. At present, 1100 was blocked and stepped back at 1000, which is much shorter.
The fast and slow line of the indicator macd runs downward at the opening above the zero axis. The RSI indicator is above the neutral 50, and the callback is limited if it does not break 50.
In terms of operation, go long near the strong support of 1000, stop at 992, pay attention to the resistance of 1100, break through more, not break empty.
Maker (MKR) formed big bullish Gartley for upto 665% huge pumpHi dear friends, hope you are well and welcome to the new trade setup of Maker ( MKR ) token.
On a monthly time frame , the price line of MKR has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Maker.USd (Y22.P3.E1).Target reachedHi Traders,
Hope all is well with you.
If you have been watching my posts, you know I made the right calls on a few charts of recent, especially on the macro level.
I'm still interested for shorts and BTC still looks weak so 18 to 19k is more likely to happen.
The 200 W SMA is holding it but it wont last if the FED announces a 75 point increase.
Don't catch a falling knife.
BTC dominance is dropping so the ALTs would rally and hence at the right time, we can find a good short entry.
Maker was one I was looking amongst many so might as well post it.
All the best,
S.SAri
MKRUSDT is going to retest the supportThe price bounced from 1000$ after UST disaster. Maker Dao bounds with DAI stable coin.
the price got a rejection from 1700$ where the market created the daily resistance and supply zone. The price got the new liquidity to create a new bearish impulse
How to approach?
ID the price is coming to lose the support on 1440$ and retest as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐