Maker is having a Golden Cross (1D) event. The first since August 24th 2021. The pattern is a Channel Up. Trading Plan: 1. Buy on the current market price and as long as the MA50 (1D) is supporting. Targets: 1. 1140 (beneath Resistance 1). 2. 1650 (beneath Resistance 2) as long as we get a pull back to MA100 (1D). Tips: 1. The RSI is holding over the 50.00...
Maker has rebounded recently, but how stable is this renewed bull run? What is Maker? Maker (MKR) is a decentralized cryptocurrency that operates on the Ethereum blockchain. It is a governance token used to manage the MakerDAO platform, which is a decentralized finance (DeFi) protocol. MKR has experienced some recent market trends and developments, so let’s the...
As you can see on the chart (daily TF) MKR has had a nice move off the bottom and Accumulation Distrubition looks very bullish. DAI is as strong as ever. RSI has respected 50 line and looking to bounce with a nice looking candle pattern. Pullback before possible 1k pop will be 640-650 range. Goodluck all I am in a VERY LIGHT leveraged trade Entry @ 671.30...
Maker (MKR) technical analysis: Trade setup : Price cleared the 200-day moving average and finally broke above $800 resistance after several attempts. Trends are improving and price made a Higher High. Upside potential to $1,000-$1,100 next. Maker is a well established DeFi platform with real users and revenues , which forms a solid foundation for investors...
Hi dear friends, hope you are well and welcome to the new trade setup of Maker ( MKR ). Previously we caught more than 34% pump of MKR as below: Now on a daily time frame, MKR with BTC pair is completing the final leg of a bullish Shark move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and...
MKR has maintained its bullish trend over the past few weeks, but its buying pressure has eased significantly over the past two months. Therefore, the momentum of the Maker trend is still bullish, and considering that in the 4-hour time frame the price trend is still in the range, as long as the support of the $650-$672 range is maintained, we can expect a...
GOOD MORNING! Let's GO! $MKR looked like it was breaking down BUT Today #MKR pumping higher and volume looks good Has struggled @ weekly 20EMA GREEN since breaking down 5/21 Interesting, could it be making a larger WEEKLY Inverse Head @ Shoulder? #DEFI #Crypto
When $BTC & $ETH cool off what to buy??? 1 Looking @ $MKR 4hr not showing much 1Hr shows the selling = HEAVY 5Min more details - NOT ready to step in again #MKR #MAKER #defi
After the impulse breakdown of the upper boundary of the Downtrend channel, the price is testing the same boundary, good point to enter long.
Hello Traders and "longterm" investors in crypto :D:D, This chart indicates potential bottom of MakerDAO project. Breaking the longterm downtrend line and possible finished wave C could be nice and clear signal for market to rebound. After breaking the line we could wait for confirmation of line as a support. Also price action of Bitcoin is interesting which...
MKR continues for ATL -or may below- and would not recover before BTC turns bullish . As per my own predictions about BTC , the present trend of MKR would not break before BTC touches 10K. Therefore my best expectation for MKR is to bounce back -but not breakout its trend- not before testing around 480.
Bullish gartley at PRZ on Maker. First targets are the A and C anchor points, followed by the fib confluences and 1.618. Stop loss is below X anchor.
If this Market Maker pattern plays out in symmetry to the left side, which is more visible even on the 5m chart, then there will be several long opportunities and several short opportunities with opportunity to either reverse positions right into the next drop or retrace. There is also a large red candle on the left side, seen on linked chart of 30m timeframe,...
What if this plays out? It might but a C&H in formation. I think the green one is the more likely but eventually it's up to how BTC behaves. Sorry I didn't write much, I'm not in the mood and I think this is pretty straightfoward. Good luck
Throughout 2022, Maker (MKR) has been in a downtrend, which is to be expected given that the whole crypto market has been bearish. The price of MKR has declined by around 80% since the beginning of the year. The price of MKR went as low as $570 in September of this year, the lowest in almost two years for Maker. Nonetheless, after finding support in that area,...
Hi dear friends, hope you are well and welcome to the new trade setup of Maker ( MKR ) with US Dollar pair. Previously I shared a long term trade-setup for MKR , which is still in play: Now on a daily time frame, MKR has formed a bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
#MAKER has been very kind to those who longed on the breakout of this lovely structure. Speculative longs should have been closed.
our previous Analyze on Maker goes wrong. it happens usually in market, any way we are under dynamic resistance in daily and as you can see there is a pivot area in daily if the price could cross dynamic resistance and pivot, after a pullback to 800 we can get a long position(scenario 1), but I think we are still in a downtrend and Red line on the chart is more...