MKR rebounded from support at $ 1,692 and is currently at $ 1,767. We are currently at -72% of the price of our ATH. The trend lines show the continuation of the downtrend. If the market sentiment changes and there is renewed interest in MKR, we can break the current resistance and attack the price of $ 1,870. However, the next resistances are $ 1,949 and $ 2,023.
- MKR is forming an head and shoulders - bearish pattern on the daily chart. - On the weekly chart, we can spot also a huge descending / symmetrical triangle. - The situation is not looking good for MKR at this moment as bears want the price to go lower. - I think below 2100 are lots of stop losses and stop market orders are waiting to be triggered.
After the last drop, many altcoins seem to form a double bottom pattern in the DAILY time frame and $MKR is one of them. In addition, positive divergence is also observed in the RSI. With the breakdown of the neck, which is the first red line, the $3100 and $3350 levels will be the target. The trade should be stoped with closes below the green zone. Son...
MKR saw a huge rise in May 2021 followed by a sharp fall due to the market conditions at the time. Ever since, it has failed to get close to making a new ATH. It is currently trading just above one of its long-term support lines and will be testing its long-term resistance (black line) over the coming days. The volume being traded is low so MKR will only break...
MAKER MKR a big breakout expected , we may see a bull run ahead if broke the current resistance trendline..mkrbtc mkrusdt
If Bitcoin loses its support, this currency can also test its low support. This currency is also a good place to buy a ladder.
Hello everyone, if you like the idea, do not forget to support with a like and follow. MKR is sitting around a strong support zone in green so we will be looking for buy setups. on DAILY: MKR is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in...
MKR looking to have finished a 4th wave correction in the form of an ABCDE triangle. confirmation upon breaking upwards out of the triangle. invalidation if we break below swing low
Great formation, from here BINANCE:MKRUSDT can start new bullish wave.
short MKRUSDT I will enter this trade after a breakdown of 1980 zone Entry trigger 4H close below 2000 zone 1st target 1720 zone 2nd target 1540 zone Invalidation daily close above 2600
This chart is very boring and as you can see move very slowly I hope in long-term investment it can achieve the set target. what is your opinion ? This is a personal analysis and not an investment signal. Thank you for your support IF you can Follow me on other Social Media. be happy
MKRUSDT price is breaking up the ceiling area where two resistances a zone and a trendline lies. The only hurdle is FIB LEVEL 61.8%. If bulls successfully break this level then can pull this price easily towards 3300 followed by 3350. And if this fib level works as a resistance we could see a sell-off towards 3100 followed by 3300. Good Luck!
MKR on parallel channel .I expect that price go up after touch the resistance line.
Fellow traders. Here is the channel MKRUSDT is moving inside. A break and close above resistance line (red one) indicates a breakout. After retest, first target could be a range near current ATH. If you enjoyed this analysis, please share it and let me know what you think in comments bellow. Cheers.
Maker price at trend line support if price make bounce from here than it will explode bigger
💎 MKRUSDT has broken above the major resistance and also the symmetrical triangle. After the pullback the price will continue the bullish move 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry/Pullback now or from 3427 - 3188 ☕️ TP1 3631 🍺 TP2 3968 🍻 TP3 4327 🍾 TP4 4672 🍷 TP5 5000 🚫 SL 3188- 2945 Good Luck 🎲 Check the Links in Description and if...