Hello Traders and "longterm" investors in crypto :D:D,
This chart indicates potential bottom of MakerDAO project. Breaking the longterm downtrend line and possible finished wave C could be nice and clear signal for market to rebound.
After breaking the line we could wait for confirmation of line as a support.
Also price action of Bitcoin is interesting which...
Makerdao it's dominance is basicly notting anymore compared with what it used to be... Where is the limit on this tikker?
After al these years, I personal never expected to go this low again. But good other defi's are taking the first place of dominace instead obvious, will it ever be able to keep up with the new generation defi? Time will prove, but it doens't...
Tomorrow it will be Makerdao it's 650 day's of full bearmarket! If only it's bullrun lasted so long we called it a minimum of balance...
Great job bears, you eated every single bull out their so far! Up to the 1000 day's bearmarket?
The moment this fat bear will move foward after all these years will be written in history books!
This is one of the most bearish charts out there no doubt...
Next year will be with no doubt better for Makerdao. Load your bags, beaceause soon this prices will be history for ever!
Makerdao is a healty protocol, it has already great collaberations with partners and comany's. Makerdao is ment to be epic we all know it...
My average price prediction for 2023-2024 is between 3500- 2500 dollars. 2024 - 2025 will be nuts no...
Maker is a smart contract lending platform that enables users to take out loans by locking in collateral in exchange for Dai
Maker price today is $775 with a 24 hour trading volume of 69 million dollar! MKR price is up 15% in the last 24 hours
US CPI Inflation data will be coming up today 10th November at 7:00PM IST and it can effect the market too
MKR going to...
MKRBTC keeps testing it's support. Perhaps till next years and hopefully it breaks it's multi years bearlarket.
A lot of levels not traded yet in the above zones, basicly no resistance there...
Good year to get in, if you didn't bought on 550 dollars, you may get another chance untill next year.
MKR Mid-term (daily chart basis) 1 to 6 weeks
Scenario : We expect a tentative of bullish exit from the current bearish trend as long as MKR remains 800 and 1020 in setback. An intermediate resistance area at 1470/1740 is acting as taking profit level on the short-term while 3580 is the standard target for the coming weeks/months
Key Elements:
The...
MKR has been one of the most outperforming coins in the past weeks.
it is sitting currently on a massive trendline in the 1H timeframe and it is breaking it down at the moment of the writing.
Opened a short at $904 target $800 stoploss around 950
as you can see we are in an uptrend channel in 4H actually seems it was a pullback to a broken pivot daily, and we are in a supply zone, if you are long it's better to save and risk-free position,
also, we have divergence in 4H and 1H, you can short in here with tight stop loss or you can wait to break dynamic support then short...
This support is crucial for Makerdao to continue the uptrent.
This 750$ price goes whole the way back to 2018, it did not hold it there & leadet to a multi year bearmarket.
If it breaks this year below 700$ another multi year bearmarket is guaranteed.
They anyway nailed Makerdao to the ground from 6k, no words to discribe how insane this is.
Project like YFII...
