Going for it the 3rd time! Not Financial Advice...CHEERS!
Good day to trade, folks🔥 There is one more trade opportunity on crypto market. Symmetrical triangle on MKR/USDT crypto pair. Previously price had strong bearish sentiment. It could be an interesting signal for bear traders. According to Elliott Waves theory Wave D is done and now price is heading to Wave E. So follow the chart and look for the best price to...
Shorting MKR after it has run form $2500 to $6300.
I have been a big fan of MKR USDT this year. The coin has had a pretty impressive run from $2500 up to $6300 as of recent. This last upsurge has lasted several days without any significant retest of key resistance / support levels. I am short term shorting MKR. Target prices are levels indicated with orange dashed line. Shorting hopefully down to the $5555 level...
Hi mkr is forming Symmetrical Triangle if it breaks we will enter after that Follow me for more updates and ideas Don't forget to like this one Thanks
MKRBTC could potentially have a massive breakout vs BTC after attempting to go higher several times. Potentially one of the strongest DeFi coins
It may be forming a head shoulder, as presented in this idea
MKR has finally rebounded above 4200 as of writing High BUY by Volume Tightening spread 4300 needs to be held onto
MKRUSD looking real hot on the Heikin Ashi, making new highs. I got in on the consolidation. If you missed it, I'd wait for a pullback on the 4HR or daily. For the noobs - ALWAYS trade with a stop loss. Especially on this as I feel it's a bit untested. Agree / disagree? Lemme know! Educate me. Good luck!
Hi Traders, Here is a potential nice setup for a cradle trade on the 1 hrly. It has all the ingredients so far. Yes, it has a slight downward pressure for now, but that could be shallow. Be careful as BTC can spoil many good setups if it drops. If you don't know the check list for a cradle setup or strategy, you should learn it asap. Which I teach. Link...
in my previous post about Maker I had a tight stop loss hit taking me out of the trade... With a great bounce off the rising channel the graphs presented a great opportunity to grab a coin before be becomes out of reach.... 1 of a million... Not financial advice... Cheers!!
Maker seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 4870 and even higher.⚡ ENTRY : local high @ 3667 SL : local low @ 3290 TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 4870 RRR : 3.25 INVALIDATION : when SL level hit Like👍 & Enjoy🍿!
We will see... just keeping my eye out for this one. Not Financial Advice... Cheers!
I said if MKR breaks the triangle, we can see a big move to the upper direction. After retest, we are in %70 profit.