Maker (MKRUSD) broke and closed the 1D candle above the 1D MA50 (blue trend-line) for the first time in ten days, after rebounding on the Higher Lows trend-line. Along with the 1D MACD Bullish Cross, this is an initial buy signal that will get confirmed after the price closes a 1D candle above the 1W MA100 (red trend-line), which caused a rejection on August 02....
MKR and RSI chart formed convergence (4H TF) The asset is moving in a descending wedge. I believe that the price will bounce off the support.
Despite the relatively high price, the Maker MKR token managed to double in price in a month . It turns out that now the MakerDAO ecosystem, which is one of the first projects on the decentralized finance (DeFi) scene, is now the locomotive that should once again accelerate interest in DeFi. At the moment, the MKRUSDT price is trying to gain a foothold above ...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the MKR symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
BINANCE:MKRUSDT has now faced a strong resistance line after a magnificent bull run that managed to raise the price from $500 to $1,250. It seems that this is the end of the upward movement of this currency. As we can clearly see, the 5 Elliott Waves are beautifully completed. But how far can the price correction continue and where is the best entry point? In my...
Fundamentals: Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI stablecoin. Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI,...
Maker (MKRUSD) has had an incredible bullish run since June 12, being currently on the 6th straight green 1W (weekly) candle. This rally has taken a stop on the 1W MA200 (orange trend-line) two weeks ago but more importantly it faces an even stronger Resistance from the October 03 2022 High at 1165. This is taken from the previous Cycle and the early 2019 fractal...
The price has hit the confluence of monthly, weekly and daily resistances. It is experiencing the pull back from this resistance. I think this is pretty stromh resistance and has a higher porbability of holding the price for some time. Below this, there is a support level which is again a confluence of monthly, weekly and daily support levels which makes it a very...
MKRUSD is approaching the MA200 (1w) which is untouched since October 17th 2022. The price has already closed over the MA50 (1w) last week for the first time since March 28th 2022, giving a clear long term buy signal. A closing above the MA200 as well, is the next buy signal to take advantage of. Trading Plan: 1. Buy if the price crosses over the MA200 (1w). 2....
The situation with MKR is as follows: After the market crash, this cryptocurrency had one of the best performances and quickly managed to recover itself. One of the most important support levels for MKR is the support trendline that I have marked on the chart with a green color. This support trendline had been lost for some time, but finally, after two attempts,...
The only road at this point is up! COINBASE:MKRUSD is sitting on a ton of weekly support as you can see. This is a point that the bears become meat for the bulls to eat! ;-) Bullish!
Hi dear members, hope you are well and welcome to the new trade setup of Maker (MKR) Previously we caught almost 29% pump of MKR as below: Now on a daily time frame, MKR with Bitcoin pair has formed a bullish Cypher move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
If you haven`t bought MKR before the crypto rally: Or sold it on the way down: Then you should know that the Crypto MAKER has recently experienced a period of being overbought, indicating a potential need for a retracement or pullback in the near term. Overbought conditions occur when the price of an asset has risen too quickly and may be due for a temporary...
Everything is clear. We had a breakout, then a retest, then a market crash. But MKR was able to survive the market crash and return to the support line. My prediction is the beginning of an upward movement to $680 and then $730.
MKR has fixed above 200EMA on the 4H TF and above 50EMA on the 1H TF. RSI chart moves in bullish zone (4H, 1H and 30m Timeframes) I believe the asset will rise after it overcomes the resistance level and exits the wedge.
As expected MKR is making a downtrend to a lower low, it's confirmed on the daily. Let's bring that b*tch straight to 450$, half work is no work! Buy zone 450$!
The crypto markets are warming up so I am back to trading. This summer will be epic with US govt messes, BRIC and who knows what else. It looks like the FED, Congress, IRS and Sam Bankman Fried are all the same! Out to get our money at all costs and they make the rules. Thats when I say "screw it" and just focus on the data. Maker daily chart shows price action...