Crypto2AF

MKR/USDT - Maker: BBand Breakout Super-Trend

BINANCE:MKRUSDT   MKR / TetherUS
◳◱ On the $MKR/ USDT chart, the Bband Breakout Super-Trend pattern suggests an upcoming trend shift. Traders might observe resistance around 2236 | 2379 | 2636 and support near 1979 | 1865 | 1608. Entering trades at 2363 could be strategic, aiming for the next resistance level.

◰◲ General info:
▣ Name: Maker
▣ Rank: 61
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Financial - Lending
▣ Overview: Maker is a peer-to-contract lending platform enabling over-collateralized loans by locking Ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. Dai's stability is achieved through a dynamic system of collateralized debt positions, autonomous feedback mechanisms and incentives for external actors. Once generated, Dai can be freely sent to others, used as payments for goods and services, or held as long term savings.

◰◲ Technical Metrics:
▣ Mrkt Price: 2363 ₮
▣ 24HVol: 31,135,876.879 ₮
▣ 24H Chng: 13.17%
▣ 7-Days Chng: 10.28%
▣ 1-Month Chng: 21.81%
▣ 3-Months Chng: 66.66%

◲◰ Pivot Points - Levels:
◥ Resistance: 2236 | 2379 | 2636
◢ Support: 1979 | 1865 | 1608

◱◳ Indicators recommendation:
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY

◰◲ Technical Indicators Summary: BUY

◲◰ Sharpe Ratios:
▣ Last 30D: 1.72
▣ Last 90D: 2.68
▣ Last 1-Y: 1.44
▣ Last 3-Y: 0.43
◲◰ Volatility:
▣ Last 30D: 0.40
▣ Last 90D: 0.57
▣ Last 1-Y: 0.70
▣ Last 3-Y: 1.02

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.72 - Bullish

▣ In-depth MKRUSDT technical analysis on Tradingview TA page


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