I know that title might sound a bit weird considering what we have just seen on the crypto boards in the last several days, but take a look at MKRUSD traders. We have a lower break rejection with short-term support. After this point was reinforced yesterday, we saw a 10% rally to close out Thursday. Today’s picture continues to look good, with a dominant trend...
This is a remarkable resemblance between Maker's (MKRUSD) price action since the May 2021 High with Bitcoin's (BTCUSD) Bear Cycle of 2018. I've mentioned numerous times that the crypto market's price action in the past +12 months can be viewed as a smooth (for crypto standards) Bear Cycle as a whole. As for Maker's 2021/22 price action we see that it shares...
MKR shows on the technical side a return trend, which could make for the low time frame an increasing trend. - Interesting view to see how this could play out coming time. For further increase, it should hold the 1070 level.
#MKR/USDT $MKR is inside ascending parallel channel and near the lower line. 🐮 holding the lower line will increase price to upper line of channel that is the same with resistance zone around $2000. 🐻 this channel can act as flag pattern so break down from lower line of channel will drop price to support zone around $1700.
MKR/USDT Entry Range: $1800 - 2012 Price Target 1: $2190 Price Target 2: $2523 Price Target 3: $2930 Stop Loss: $1700
bounce off the LOD (Low of the Day) market maker method
MKR is a one of best of cryptocurrency coins and this chart any things is wide and clever So because breakout resistance and compelled pullback... Next target 2250$
| MKRUSDT | LONG @ 2050 - 2100 | TP @ 2140, 2160, 2180, 2200, 2225 | SL @ 1940 | PATTERN = BULLISH CATAPULT BREAKOUT | FTX | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
Major Pattern: Symmetrical Triangle Retest Pattern: Failure Reversal Head & Shoulders Trigger Point: minimum of Right Shoulders Last Target: 1100
Balancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020. It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider. It allows users to earn profits through its recently introduced token...
MKR/USDT Entry Range: $1930 - 2130 Price Target 1: $2250 Price Target 2: $2510 Price Target 3: $2170 Stop Loss: $1900
Watchout for breakout of the descending trend line. The targets for the break out will be the following zones of the chart.
We saw a 5 wave impulse at the start of 2021 followed by a massive ABC correction which lasted almost a year. We are now expecting the next 5 wave impulse to take to ATH and higher. Maker is really susceptible to volatility wicks so be careful when trading. Trade Idea: - Swing entry now with stops below the lows - You can also wait for lower timeframe pullbacks...
MKR is at a critical support level , the lines marked in green will be good DCA levels.
Raccoons rule the city! And soon it will be the world!
Maker DAO bounced back on support and seems to be heading toward 50MA retest, let's give it a try. Current Price= 1850.9 Buy Entry= 1822.4 - 1733.4 Take Profit= 1994.5 | 2199.6 | 2494.3 Stop Loss= 1596.7 Risk/Reward= 1:1.2 | 1:2.33 | 1:3.95 Expected Profit= +24.36% | +47.44% | +80.58% Possible Loss= -20.38% Fib. Retracement= 0.382 | 0.559 | 0.786 Margin...
Hi All! As highlighted in my last analysis, BTC has two choices to make regarding the 100W MA and 200W MA. This choice will likely propel that market in that direction. Shown here are 4 altcoins that have formed a bearish "pattern" - curved top of the downtrend, similar to a parabolic uptrend, but just pointed this opposite way. There are many examples of this...
Based on the teaching of zen master Tino tradersreality; The hybrid system.