MKR is finishing consolidation phase and will go to retest 2050$ zone. The 4100$ target is reachable 🙏 .............................................................................................................................. SPOT MKR / USDT 🔰Entry: 2050 Target1: 2660 Target2: 3100 Target3: 3650 Target4: 4100 ⛔️ Stop Limit: 1840 << INFO >> R/R Ratio:...
ANALYSIS 🔎 - MKRUSDT brokeout above the descending triangle's inclined resistance and hit an ATH. - The market then retraced for a retest of the flip horizontal support (S1) and fibonacci retracement levels. - A bullish pin bar (hammer) was formed at the retest area. - Price action is printing a symmetrical triangle pattern. - There's a possible uptrend...
MKRUSDT (1H CHART) Technical Analysis Update Waiting for the Resistance zone breakout MKR/USDT currently trading at $2700 Buy-level: Above 2750 (only enter if 1h candle closes above the resistance zone Stop loss: below $2450 Target 1: $3050 Target 2: $3500 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis...
Break out and retest.
One more symmetrical triangle on MKR /USD. This altcoin also formated its pattern on small frame on uptrend. Lets start a new trading day with profit. If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️
$MKR - Possible breakout & upwards momentum
Hello everyone! This is my view on MKRUSD. The pair has to retrace a bit before the next bullish run. I highly recommend to wait for a breakout confirmation and go long. Maker should not break and close below 2507, otherwise it will drop to 2460
Look at the price, it possible retrace 15% to 30% before going to bull run
Technical analysis regarding the price of MAKER in relation of dollar Tether for the next scenarios, based on 4 hour movement. Price broke through this bullish channel which also coincides with a region of considerable resistance. Financial volume gaining proportion also making the candles normal and proportional to the volume that is readjusting in its main...
MKRUSDT (4H CHART) Technical Analysis Update MKR/USDT currently trading at $2040 Buy-level:$2000- $2100( only enter long after 4h candle closes above 2000 level) Stop loss: $1642 Target 1: $2500 Target 2: $3000 Target 3: $3500 target 4: $4000 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, |...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1360). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MKR/TetherUS is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1360). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MKR/TetherUS is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
MKR looks like it is ready to break out for a short term long trade, Bullish Divergence + Ascending triangle on the 15min Buy on the breakout if conditions remain the same.
Keep an eye on MKR based on the breakout we can open long or short.
There's a potential H&S pattern possibly forming in Maker if and only if there's a breakdown from the neckline.
Sell pressure dropping for now. Most likely a 5% pump. Volume is low. Large range on the sell side. Would need a lot of volume to break resistance.
MKRUSDT is consolidating in a symmetrical triangle pattern on the 1H timeframe. Breakout is imminent. Bullish ⬆️ - breakout above the symmetrical triangle's inclined resistance. Bearish ⬇️ - breakdown below the symmetrical triangle's inclined support. Possible price actions and targets are indicated on the chart.
Price formed a triangle. Possible breakout let's wait for the break and retest if it occurs.