If any candlestick closes below the average, then we should exit the operation. MKR, upside projection of 20%, should not miss the 100-period EMA. Formation: Continuation flag. MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank yo
MKR BTC 4h Downward wedge bouncing between .382 & .236 fibs. We want to break above the resistance we are getting from avwaps monthly open and all time high Break up and retest will signal a continuation. Already had a successful retest of the RSI 50.
I have been a big fan of MKR USDT this year. The coin has had a pretty impressive run from $2500 up to $6300 as of recent. This last upsurge has lasted several days without any significant retest of key resistance / support levels. I am short term shorting MKR. Target prices are levels indicated with orange dashed line. Shorting hopefully down to the $5555 level...
MakerDAO, Lightning Labs are in World Economic Forum's list of tech pioneers for 2020 Maker is an ERC20 token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to manage another Ethereum token, the DAI stablecoin, that seeks to trade on exchanges at a value of exactly...
MKR has just been printing money laterly. Creators of DAI and the Collateralized Dept Position platform for ERC20. One of the lowest supplies in a gov token. Which is why it's no surprise it flipped Ether. Possible short already under way, we'll see how this plays into the next 4hr.
Have had a good run in Maker. I love this coin for its huge green candles! Taking some profit on 250%, will ape in on a big dip, might buy back a bit if it consolidates for a while near the bottom of the consolidation zone if it develops. Closed out a position quite a while ago after some big candles, it consolidated there and then started banging up...
Hi mkr is forming Symmetrical Triangle if it breaks we will enter after that Follow me for more updates and ideas Don't forget to like this one Thanks
MKRBTC could potentially have a massive breakout vs BTC after attempting to go higher several times. Potentially one of the strongest DeFi coins
ALGO is my fav, but I'm heavy on CVC, HBAR & VET as well. Drew some lines on here. They'll change, bag composition will as well but my commitment to most of these jingle bags will not! Dunno where my entries are, the only recent additions are 1INCH, AMPL, CRV, SOL & SUSHI. Will probably flip Sushi for something else soon and bag up on the rest. Got out of ENJ...
It may be forming a head shoulder, as presented in this idea
$badger should break its symmetrical triangle northbound. It could fake out at first, but likely does something like this.
Maker seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 5760 and even higher. MKR been money maker lately (see related idea), so I hope this ATM🏧 is still working! There are 2 different SLs, one tight, one wide. I will split the position into two (equal size) and will go with both SLs. ENTRY :...
Hi Traders, Here is a potential nice setup for a cradle trade on the 1 hrly. It has all the ingredients so far. Yes, it has a slight downward pressure for now, but that could be shallow. Be careful as BTC can spoil many good setups if it drops. If you don't know the check list for a cradle setup or strategy, you should learn it asap. Which I teach. Link...
Maker seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 4870 and even higher.⚡ ENTRY : local high @ 3667 SL : local low @ 3290 TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 4870 RRR : 3.25 INVALIDATION : when SL level hit Like👍 & Enjoy🍿!
With a recent rip on the daily, it looks like a breakout may be occurring on the 4HR. It's just a wee little candlestick spikey (but size doesn't matter right)?.... However, this might be the opportunity to use the 4HR to get ahead of the daily and take your position early. It's still pretty speculative, but I've pegged it at a 1:6 risk/reward. So, you don't...