Maker (MKR) technical analysis: Trade setup : Trends have reversed to uptrend but price has reached our target of $1,000-$1,100 resistance zone. It briefly consolidated in Bullish Flag pattern, broke out again and spiked up as high as $1,250, making a new Higher High (sign up Uptrend). However, we’re deep in a resistance zone, so we would prefer to enter on...
Fundamentals: Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI stablecoin. Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI,...
Maker (MKRUSD) has had an incredible bullish run since June 12, being currently on the 6th straight green 1W (weekly) candle. This rally has taken a stop on the 1W MA200 (orange trend-line) two weeks ago but more importantly it faces an even stronger Resistance from the October 03 2022 High at 1165. This is taken from the previous Cycle and the early 2019 fractal...
💎 MKR is currently trading in a high volume area, with the poc of the Volume Profile Visible Range acting as support. 💎 if it fails to hold its position at the POC, it could correct to another level, potentially up to 5%, before resuming a bullish trend. 💎 maintaining a strong position above the 50-day Exponential Moving Average, further indicating a potential...
once mkr retests 1000$ as support it should begin its bullrun.next resistance 1670$
Maker (MKR) technical analysis: Trade setup : Trends have reversed to uptrend but has reached our target of $1,000-$1,100 resistance zone, where it got rejected. Notice the long wicks on recent daily candles, indicating heavy selling. After a 100% gain from recent lows ($500) on June 10th, we expect some profit taking around the $1K resistance area. Now it’s...
MKRUSD is approaching the MA200 (1w) which is untouched since October 17th 2022. The price has already closed over the MA50 (1w) last week for the first time since March 28th 2022, giving a clear long term buy signal. A closing above the MA200 as well, is the next buy signal to take advantage of. Trading Plan: 1. Buy if the price crosses over the MA200 (1w). 2....
Maker (MKR) technical analysis: Trade setup : Trends are reversing to uptrend. The $600-700 support zone once again acted as an attractive entry area. Now price broke above the 200-day moving average (~$676) and above $800 resistance, signaling potential trend reversal. Price could revisit $1K resistance. Maker is a well established DeFi platform with real...
Hi dear members, hope you are well and welcome to the new trade setup of Maker (MKR) Previously we caught almost 29% pump of MKR as below: Now on a daily time frame, MKR with Bitcoin pair has formed a bullish Cypher move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
If you haven`t bought MKR before the crypto rally: Or sold it on the way down: Then you should know that the Crypto MAKER has recently experienced a period of being overbought, indicating a potential need for a retracement or pullback in the near term. Overbought conditions occur when the price of an asset has risen too quickly and may be due for a temporary...
- resistance - support trendline ( 3 touches ) - volume at the top - divergency on my indicator if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
An idea showing a recovery out of a small channel. A curved bowl can be drawn outlining the fall to rise a lot better. I think the falls are done for MKR as a large horizontal resistance is also being hit.
Maker has gotten pounded over the past year, beaten all the way down to its 2019 accumulation range. Looks quite intriguing, severely oversold with a few on chain whales shuffling in. Looks like do or die for this coin in this range - however R/R looks good added to the watchlist.
MKRUSDT looks like it's ready to breakout very very soon. MKR has maintained the bullish higher low structure. If it retests the top of the range, it would be 61 % PUMP from the current levels where it's now. Market is bullish and altcoins are catching strong momentum. Take profit levels / targets are shown on the chart. good luck
identical wave count as algo that i posted a few days ago, ...things that make you shake yo money maker.. get that money maker shaker NFA DYOR you know the rest..
Hi dear friends, hope you are well and welcome to the new trade setup of Maker (MKR) with US Dollar pair. Previously we caught more than 29% pump of MKR as below: Now on a 4-hr time frame, MKR is about to complete a bullish Shark move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
Maker (MKR) technical analysis: Trade setup : After getting rejected at $1000 resistance 2x, price has pulled back to $600-700 support zone again, which could be an attractive swing entry in Uptrend with upside potential back to $1K-$1.1K resistance area. Momentum is inflecting bullish again (MACD Histogram rising). Maker is a well established DeFi platform...