Crypto2AF

$MKR/#BTC [#Maker]: Resistance_Breakout

Crypto2AF Updated   
BINANCE:MKRBTC   MKR / Bitcoin
◳◱ A Resistance Breakout has been identified on the $MKR / $BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.04643 | 0.05059 | 0.06174, and the major support zones can be found at 0.03528 | 0.02829 | 0.01714. Consider entering at the current price zone of 0.03384 and targeting higher levels.

◰◲ General info:
▣ Name: Maker
▣ Rank: 58
▣ Exhanges: Binance, Kucoin, Poloniex, Huobipro
▣ 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: 0.03384 ₿
▣ 24HVol: 33.667 ₿
▣ 24H Chng: 1.774%
▣ 7-Days Chng: -26.47%
▣ 1-Month Chng: -2.17%
▣ 3-Months Chng: 18.41%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.04643 | 0.05059 | 0.06174
◢ Support: 0.03528 | 0.02829 | 0.01714

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL

◰◲ Technical Indicators Summary: SELL

◲◰ Sharpe Ratios:
▣ Last 30D: 1.65
▣ Last 90D: 1.69
▣ Last 1-Y: -0.29
▣ Last 3-Y: 0.70
◲◰ Volatility:
▣ Last 30D: 1.09
▣ Last 90D: 0.87
▣ Last 1-Y: 1.00
▣ Last 3-Y: 1.30

◳◰ Market Sentiment Index:
▣ News sentiment score is 0.42 - Bearish
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.57 - Bullish

▣ In-depth MKRBTC technical analysis on Tradingview TA page


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◲ Disclaimer
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Trade active:
Binance, Bittrex, KuCoin
#MKR/BTC Take-Profit target 1 ✅
Profit: 3.0142% 📈
Period: 11 Hours 12 Minutes ⏰
Comment:
Binance, Bittrex, KuCoin
#MKR/BTC Take-Profit target 2 ✅
Profit: 5.0041% 📈
Period: 11 Hours 13 Minutes ⏰
Comment:
Binance, Bittrex, KuCoin
#MKR/BTC Take-Profit target 3 ✅
Profit: 7.8937% 📈
Period: 11 Hours 50 Minutes ⏰
Comment:
Binance, Bittrex, KuCoin
#MKR/BTC Take-Profit target 4 ✅
Profit: 7.5374% 📈
Period: 11 Hours 53 Minutes ⏰
Trade closed: target reached:
Binance, Bittrex, KuCoin
#MKR/BTC All take-profit targets achieved 😎
Profit: 12.002% 📈
Period: 12 Hours 2 Minutes ⏰

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.