MKRUST trade ideas
MKR Bounced Back from SupportMKR has beautifully bounced back from the key support area, Now it has potential to run back to it's resistance before falling again down.
I'm in Long From:
ASX:MKR
Entry: 2800 - 2850
Tp: 3250 - 3350 - 3450
Sl: 2300
It can take some days to fully playout.
#nfa #dyor #aqeelonline
MKR | MAKER made itIn an impressive display of bullish momentum, Maker has witnessed a substantial gain attracting much of the market attention.the price of Maker aka MKR is 1,027 today with a 24hour trading volume of 100 million dollar. This represents a 11% price increase in the last 24 hours and a 50% price increase in the past 7 days.
Maker manged to break its downtrend at 800$ (red line) and now bulls are in control
most indicators are bullish and its 30% up since our first mkr analysis
next targets are 1030, 1040 and 1050
Trade LongThis is just a suggestion for further analysis and I recommend that you add your personal analysis to it and try its targets in the Demo Start Trade after practicing several times and making sure that the targets are correct with very small amounts and Start your rational leverage. I hope you are profitable
MKR | My Favorite Crypto | LongWhat 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.
Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI, a community-managed decentralized cryptocurrency with a stable value soft-pegged to the US dollar.
MKR tokens act as a kind of voting share for the organization that manages DAI; while they do not pay dividends to their holders, they do give the holders voting rights over the development of Maker Protocol and are expected to appreciate in value in accordance with the success of DAI itself.
The Maker ecosystem is one of the earliest projects on the decentralized finance (DeFi) scene: the industry that seeks to build decentralized financial products on top of smart-contract-enabled blockchains, such as Ethereum.
TSB Help You Become a Diamond Hand ---- MKRAfter talking about the RWA protocol GFI last week, GFI continues to perform strongly. It has gained more than 20% since the release of our analysis and remains bullish on the indicators.
After BlackRock established the BUIDL fund, MakerDAO, one of the leading RWA protocols, also gained attention. The core business of Maker DAO is CDP, which is the creation of the US dollar-anchored token DAI. DAI is currently the most important stablecoin in DeFi activities, adopted in multiple protocols. In 2022, MakerDAO began its RWA business and tokenizing collateral in the form of real estate, invoices, and accounts receivable. Although compared to revenue-generating RWAs such as ONDO, the value capture capability of MakerDAO is weak. However, after experiencing the bear market and the bull market, MakerDAO's risk resistance is significantly higher than other RWA protocols.
MKR, as the token of MakerDAO, has shown positive and stable performance recently. At the 4h level, we can see that MKR has risen with fluctuation since the TSB indicator prompted a BUY signal on March 9. After every time callback and hitting the wavy zone, the bulls always gain strength. As in most other cases, the TSB indicator captured almost all the profits of this round of gains, and can further expand profits.
At the daily level, TSB has demonstrated strong capabilities. After the BUY signal was prompted on January 3, it continues to this day. Although during the fluctuation (yellow area), the power of the bears is not strong. But BTC at that time was refreshing ATH (yellow line). If you do not use the TSB indicator, it is very likely that you will be shaken and change positions for other tokens, missing out on greater profits in the future.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
MKR/USDT SHORT ENTRYBINANCE:MKRUSDT.P
#MKR/USDT SHORT ENTRY
Leverage: 1x
Entries: $3159.0
Take profit 1: $3087.0
Take profit 2: $2777.4
Take profit 3: $2007.1
Stop Loss: $3551.4
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
MKR/USDT Potential will be back test on the demand or support!💎 MKR has recently encountered notable market dynamics, experiencing a significant rejection at a strong resistance area.
💎 There is potential for MKR to undergo a backtest on the demand area around $2530. If MKR shows positive signs in the demand zone, such as bullish candle rejections, it could bounce back upward and retest the strong resistance area.
💎 However, if MKR consolidates within the demand area with weak volume, there is a possibility of further downside movement, testing the support area around $2260.
💎 A bounce from the support area is necessary for MKR to continue its upward trajectory and establish a new leg up. However, if MKR breaks down below the support, it would be a bearish sign, potentially leading to a return to consolidation and a test of stronger support levels.
MKR is poised for a major breakout!Technical analysis shows:
MKR is about to break through a key resistance level at $2969.
RSI is coming out of the overbought zone, indicating that a price correction is unlikely.
MACD shows that the strong uptrend is still in place.
Recent news is also positive:
Coinbase Custody will support the MKR token.
Grayscale Investments has added another 25,000 MKR to its portfolio.
The MakerDAO protocol is developing a solution for the DAI stablecoin with Bitcoin collateral.
All of these factors indicate that MKR has strong potential for growth in the short term.
Entry point:
Buy if the price breaks above $2969 and stabilizes above this level
Stop-loss: $2763
Target: Determine your risk tolerance before setting a target.
Note:
Do your own research and use a proper risk management strategy before entering any trade.
Are you ready to enter the trade?
Additional information:
Timeframe: 4-hour chart
Indicators: RSI, MACD
Support: $2763
Resistance: $2969
Disclaimer:
This analysis is for informational purposes only and should not be considered as trading advice.
Always do your own research and consult with a financial advisor before making any investment decisions.
MKR/USDT - Maker: BBand Breakout Super-Trend◳◱ On the $MKR/ CRYPTOCAP:USDT chart, the Bband Breakout Super-Trend pattern suggests an upcoming trend shift. Traders might observe resistance around 2236 | 2379 | 2636 and support near 1979 | 1865 | 1608. Entering trades at 2363 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Maker
▣ Rank: 61
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Financial - Lending
▣ Overview: Maker is a peer-to-contract lending platform enabling over-collateralized loans by locking Ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. Dai's stability is achieved through a dynamic system of collateralized debt positions, autonomous feedback mechanisms and incentives for external actors. Once generated, Dai can be freely sent to others, used as payments for goods and services, or held as long term savings.
◰◲ Technical Metrics :
▣ Mrkt Price: 2363 ₮
▣ 24HVol: 31,135,876.879 ₮
▣ 24H Chng: 13.17%
▣ 7-Days Chng: 10.28%
▣ 1-Month Chng: 21.81%
▣ 3-Months Chng: 66.66%
◲◰ Pivot Points - Levels :
◥ Resistance: 2236 | 2379 | 2636
◢ Support: 1979 | 1865 | 1608
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 1.72
▣ Last 90D: 2.68
▣ Last 1-Y: 1.44
▣ Last 3-Y: 0.43
◲◰ Volatility :
▣ Last 30D: 0.40
▣ Last 90D: 0.57
▣ Last 1-Y: 0.70
▣ Last 3-Y: 1.02
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.72 - Bullish
▣ In-depth MKRUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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MKR buy setupThe price structure is bullish. Now MKR is creating an important BOS. Can become very bullish with a fix on the previous SW H.
If on the swap area Pullback is done, we can look for buy positions.
Closing a daily candle below the invalidation level will invalidate this analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
MKR has broken a major resistance zoneMKR has broken a major resistance zone
🔵Entry Zone 2266 - 2351
🔴SL 2068
🟢TP1 2504
🟢TP2 2807
🟢TP3 3122
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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#MKR Awaiting confirmation in recent sales areaIn time H2, it is placed in an upward step in the supply range, which has been corrected. Therefore, it can have an upward correction until the recent supply area, and if it is not able to break the supply area, it can make a pullback to the broken structure, which is also the Fibo area of 61.8. Therefore, after encountering a sell candle within the red box, you can enter a sell position.