We last looked into Maker (MKRUSD) 4 months ago (see chart below) where we called for a buy that eventually hit our 1600 target: This time we are making a sell call as the price hit the top of the 5-month Channel Up. Our target is just above the 0.618 Fibonacci retracement level at 1500, which has been the pull-back level of the last two medium-term...
Due to the failure of the structure and the creation of dynamic and static liquidity levels, we can enter into purchase transactions in two unspecified steps and stay in the transaction until the specified target.
I invite you to review the chart of MKR in pair with USDT, on a four-hour interval. First, we will use the yellow line to mark the upward trend lines above which the price remains. Going further, we can move on to marking support areas when we start a larger correction. And here, after unfolding the trend based fib extension grid, the first support is at the...
First time I've seen MKR vs BTC token price corralation going up 339% in a single day! HOLD!!!
#MKR I would highlight 1278 - 1118$ as a good buy zone for longterm perspectives. From technical side these levels come to FVG levels on many TF and also there we have 100 ema and 50 ema on HTF passing Currently 1538$ level holds as strong resistance level to break, but once it does the price might reach 2090$ price level pretty fast.
| MKRUSDT | LONG @ 1400 - 1450 | TP @ 1460, 1470, 1480, 1490, 1500 | SL @ 1250 | PATTERN = DOUBLE TOP BREAKOUT | BINANCE | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and...
MKR is currently in a supply zone, a level it has reached before, leading to a halt in price increase and a subsequent downward trend. It has established a demand zone, indicating potential for upward price movement. However, with MKR at the supply zone again, there's a risk of another downward shift. The asset is following an upward trend line, but a break below...
Examining the MKR waves, we found that the MKR is inside a diametric that now looks set to complete the E wave. Now it is inside a resistance zone, by crossing this resistance it can move much better towards the target. I also marked the nearby DEMAND on the chart
💎 Yello, Paradisers! gear up for an exciting trading opportunity with MKRUSDT. It's recently broken out of a descending channel, suggesting a potential move towards an upward trend. 💎 MKR has consistently followed a descending channel pattern. With its recent break above this channel, it's likely to move towards a resistance level before potentially retracting,...
Hello everyone, I invite you to review the MKR chart on a four-hour interval. Let's start with the blue lines marking the upward trend channel, in which the price has locally entered a falling triangle formation, but currently we can see an attempt to exit the ongoing triangle at the top and an attempt to return to the previously prevailing upward channel. When...
We had previously talked about the MKR currency on the channel and analyzed it. The possibility of an 80% growth was said for this currency, but there was a condition that it can almost be said that it has now been reached, so there is a possibility of growth for this currency. Consolidation at 1417 could be a good entry. And of course, it is a starting point for...
📈 **Bitxer's Free Trading Signal Alert!** 🚨 **Symbol: MKR/USDT** **Position: Long** 🎯 **Best Entry Point:** 1319 (Entry before also viable) 🚀 **Targets:** 1. 1319 2. 1342 3. 1363 4. 1376 5. 1406 ⛔ **Stop Loss:** 1279 💼 **Trade Tips:** - Utilize low leverage and keep wallet size conservative. - Enjoy this free signal and service from Bitxer. Happy trading,...
Continuation off a nice recent pullback seems imminent.
BTC rose above 36000 and many Altcoins started pumping again. We analyzed MKR in the early stages of this rally. But MKR bulls appear to be fading as other Altcoin gains. Today we take a look at what happened to MKR from the project level and indicator level. For the project MakerDAO, in 2020, it has started the business of RWA(real world assets). And when U.S....
Maker (MKR) technical analysis: Trade setup : A rare asset that has remained in an Uptrend throughout the recent market downturn, which indicates consistent demand from buyers. However, after getting rejected 2x at $1,600 resistance zone (Double Top pattern?) , price has pulled back and broken below $1,350 support, which makes us cautious. We wait to see where...
💎Paradisers, turn your attention to MKRUSDT! We've observed its compelling trajectory as it navigates within a demand zone, hinting at a high probability of a bullish trajectory. 💎 In recent developments, MKRUSDT managed to surge past its descending channel, charting an upward course. Currently positioned in a demand zone, the odds are favoring a bullish shift....