💥💥#MKR Analysis 🚀🚀 🔮#MKR is following a rounding bottom pattern for a long time and the price reached near neckline. We can see a good breakout in #MKR and if it closes above the neckline then we will see a bullish move.💸💸 👀Current Price: $1467 🚀 Target Price: $2234 ⚡️What to do ? 👀Keep an eye on #MKR price action and volume. We can trade according to the...
💎 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...
The maker coin is showing bullish divergence in 2 hours candle And the stable could coin is bouncing from 1280.00 Buying from the current level with the target around 1465 will give us 9% growth with 1:3.57 risk reward ratio. The desirable SL will be 1310.00
📈 **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,...
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....
MKRUSDT was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline. Currently the price has given the breakout from falling trendline and now forming a local support around 1400 region. Will the bulls take charge again continue for leg higher?
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....
💎 MKR is undeniably on our radar. Currently, MKR is rebounding from a demand zone and is exhibiting patterns consistent with a bullish falling wedge formation. 💎 The recent daily candlestick closure as a bullish hammer further emphasizes the potential upward trajectory for MKR. However, for a more concrete bullish confirmation, it's essential for MKR to break...
12h time frame - We've been talking about MKR since July 14th. Now it broke the bullish flag(yellow arrow), which is a strong sign. Currently MKR is retesting this flag, and here is also the support of uptrend line. According to previous perspective and analysis(ref.1 and ref.2), MKR has higher target over 1800. Therefore, here is a good position to set trading...
Hello everyone, let's take a look at the MKR to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line. When we unfold the Fib Retracement grid, we can see that the price is above the support zone from $1,487 to $1,456, and then we mark the second strong zone from $1,406 to $1,371. Looking the other way, we see that...
⚪ As we analyze MKRUSDT's price action, a critical development emerges. The breach of a significant supply zone from August 2022 piques our interest. ⚪ What's even more intriguing is the transformation of this zone into a potential demand area, halting the current pullback. ⚪ This presents an attractive buying opportunity for traders and investors. Moreover,...
Hello everyone, I invite you to review the MKR chart in pair with USDT, on a one-day time frame. First, we will use blue lines to mark the upward trend channel, which contains data around the additional range. Going forward, the point of support will be marked in the event of a larger correction. And here, the first one is our support zone from $1,404 to $1,539,...
MKR has been on a strong upward trend for some time now. A bearish CH can be seen on the chart and we also have an order block resistance zone. We are expected to move down to the specified targets. I specified the invalidation level, closing a 4-hour candle above this level will violate the analysis For risk management, please don't forget stop loss and...
MKRUSDT has created an interesting structure, where the price shows a falling wedge pattern on the hourly timeframe. Here we see a breakout confirmation needed where we expect a possible rally towards the recent high formed close to 1570