MY MINIMALIST CHART ANALYSIS OF THE MAKER PLATFORM $MKR
ON TRACK WITH OUR TARGET AREA OF VALUES
11.18.21
1522H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
VITAL SIGN A-OK, WE WILL FINISH THIS SWING.
MAKING A MEASURED MOVE
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
We are now looking at an ENTRY that we can TOP-UP for our Investment FIB 0.618.
Congratulating all those who have climbed the SWING together with me.
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
Maker
SUNUSDTUnderstanding how the MM thinks and acts is my goal. As soon as you know the strategy and can convert it into practice, there are very nice trades waiting. The puzzle pieces are all starting to fall neatly into place. Questions remain, but practice and learning from your mistakes will eventually get you to your goal. You can't beat the BB, but you can get a piece of the pie.
MKRUSDT Golden Cross, Nov 10A breakout then a pullback happened also Golden Cross is happening on Maker chart
You guys can see the other information on chart.
MKR/USD - Major breakout! Rally in progress... 🚀Maker, the DAO for DAI stablecoin just broke above a key level.
A sustained rally can take us higher, see level on the chart. This coin has strong fundamentals and has already rallied a lot this year.
Indicators looks great, volume as well. Bullish bias.
Like and follow if you liked my idea!
Possible Price Action for MakerHi im a novice trader and I just wanted to share my thoughts on $MKR. To me the daily chart looks like its ready to break through the upper resistance of a macro triangle. Breakout of this resistance will be confirmed by bullish MACD crossover along with divergence from PSAR consolidation. Nobody really talks about this coin so I thought I'd share.
MKRUSDT - Watch This LevelMAKER is approaching a very important level of price where if we break it, we will be bullish. However if we reject the 2600 level, we can see price coming back to the lows of 1800-1900 once more.
Will be keeping an eye on 2600 and if we break that level impulsively, we can look for a retest to take MKR higher.
MKR USDT SHORT SWING TRADE| MKRUSDT | SHORT @ 2380 - 2370 | TP @ 2360, 2350, 2340, 2330, 2320 | SL @ 2460 | PATTERN = DESCENDING TRIPLE BOTTOM BREAKDOWN |
PNF chart on the hourly shows a trend reversal, DESCENDING TRIPLE BOTTOM BREAKDOWN.
The strategies I use involve a mix of PNF and Renko. My type of trading is strictly swing trading.
BTCUSDTI don't think it looks good for BTC. The question is not if there will be a crash, but when. I think the big ones are investing heavily in order to cash out huge afterwards. I wait for a spike (lev 3 or higher) to go down afterwards, reverse to liquidate the shorts again and aftern the liquidation of the longs will follow. Investing hard in buying to sell after with a very lucratif profit at the end. I'm curious (:
MKR - money MAKER once againInverted Head and Shoulders in the making with target $4270 (my interpretation). Let's make it, baby! 💰
Don't forget to check also the related ideas and my other analyses (link below). Cheers! 🥂
www.tradingview.com
🆓Maker (MKR) Aug-30 #MKR $MKRMKR is heading to the support area of $3200, this is a strong support area and can completely help MKR increase strongly in the near days to the areas of $4000, $4800 and $6400. But if it loses the $3200 area, then the $2800 area is the next strong support we need to pay attention to
📈BUY
🔴Buy : 3120-3280$. SL if B
🔴Buy : 3900-4100$ if A. SL if B
📉SELL
🔴Sell : 3900-4100$. SL if A
🔴Sell : 4700-4900$. SL if A
🔴Sell : 6300-6500$. SL if A
♻️BACK-UP
🔵Buy : 2730-2870$. SL if B
❓Details
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
💡Don't miss the great buy opportunity in MKRUSD @MakerDAOTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3485.14).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPJPY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 4100.14
TP2= @ 4628.64
TP3= @ 5359.64
TP4= @ 5853.13
TP5= @ 6346.62
SL= Break below S2
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💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in MKRUSD @MakerDAOTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3485.14).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKRUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 4100.14
TP2= @ 4628.64
TP3= @ 5359.64
TP4= @ 5853.13
TP5= @ 6346.62
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
MKR Look at the trend of this valuable coin from any direction, it is quite upward.
Very beautiful touched the first target
The next targets are short-term.
In the long term, it has the potential to become $ 10,000.
My love coin ❤️😍
mkrMy favorite coin with attractive targets.
It is wild in the ups and downs of the market and can easily hit targets.
Look at the Ichimoku cloud at the bottom of the chart
MKRUSDT (Maker) - Coin of the Week Maker (MKR) is the governance token of the MakerDAO and Maker Protocol, which are both built on the Ethereum blockchain and allow users to create and administer the DAI stablecoin. Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI, a community-managed decentralized cryptocurrency with a stable value soft-pegged to the US dollar. MKR tokens act as a kind of voting share for the organization that manages DAI; while they do not pay dividends to their holders, they do give the holders voting rights over the development of Maker Protocol and are expected to appreciate in value in accordance with the success of DAI itself. The Maker ecosystem is one of the earliest projects on the decentralized finance (DeFi) scene: the industry that seeks to build decentralized financial products on top of smart-contract-enabled blockchains, such as Ethereum.
Technically, when we look at the 4h chart we see an up move that started on the 20th of July that continues to make higher highs in this structure. For the next high probability move, we see a correction that will probably reach the blue trendline marked on the chart and then a continuation to the upside. Potential target for this move is the resistance area marked on the chart at 4200 USDT. If the price breaks the blue trendline and consolidates below we may see a move to reach the low again (lower probability move).
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
MAKER Beautiful Bullflag - MonthlyMaker has presented a bullflag on the Monthly timeframe
Tried to add my own personal touch to it
Really good setup for the bulls
MAKER on da move!MAKER seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 5100 and even higher. Let's MAKE it! ⛽↗️
ENTRY : local high @ 2846
SL : local low @ 2506
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @5100
RRR : 6
INVALIDATION : when SL level hit
Like👍, follow✒️, enjoy📺!






















