Maker, the DAO for DAI stablecoin just broke above a key level. A sustained rally can take us higher, see level on the chart. This coin has strong fundamentals and has already rallied a lot this year. Indicators looks great, volume as well. Bullish bias. Like and follow if you liked my idea!
My thoughts on the current state of the crypto market is bullish as BTC keeps on reclaiming at 60K. All breaks below 60K have been bought up rapidly, leading me to my bullish case for MKR. MKR is at a great risk to reward ratio. it has currently been consolidating between a 2650 and 2250 channel for an entire month, a possible accumulation phase. We have had a...
Just messing around with fractals here, if MKR does something simialr to last time we tested that bottom TL bounced then the candle stick patterns would look like this, heading towards $3900
Hello everyone, sorry meant to say "MAKER" not "Mark Space" if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for MKR, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Orange line is weekly ETH chart. I think MKR is ready to play catch up real quick.. We bought spot.
Hi guys, we are in a space of suffering, and if we can break this space of suffering from above, we will hit the target specified in the figure, and if we can break the space from below, its target is also clear. Good luck
| MKRUSDT | SHORT @ 2380 - 2370 | TP @ 2360, 2350, 2340, 2330, 2320 | SL @ 2460 | PATTERN = DESCENDING TRIPLE BOTTOM BREAKDOWN | PNF chart on the hourly shows a trend reversal, DESCENDING TRIPLE BOTTOM BREAKDOWN. The strategies I use involve a mix of PNF and Renko. My type of trading is strictly swing trading.
This looks like a decent H&S play into a possible consolidation into demand. I’d check on this coin in Q2 2022.
Support: $2800.00/ $2700.00/ $2600.50/ $2400.50/$2080.50/$1820.00-$1780 Resistance: $3050.50/ $3185.00/ $3300.00/ $3500.00/ $3700.00/$4000.00/ $4350.00/$4500.00/ $5000.00/$5500.00/ $6000.00
⬆️Buy @ 2900 - 2700 ✅TP1 @ 3130 ✅TP2 @ 3400 ✅TP3 @ 3700 ✅TP4 @ 4000 ✅TP5 @ 4600 ✅TP6 @ 5250 ✅TP7 @ 5800 ⭕️SL @ 2600 ( D Close)
BINANCE:MKRUSDTPERP wouldnt be shocked at all
Inverted Head and Shoulders in the making with target $4270 (my interpretation). Let's make it, baby! 💰 Don't forget to check also the related ideas and my other analyses (link below). Cheers! 🥂 www.tradingview.com
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (3485.14). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPJPY is in an uptrend, and the continuation of the 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 the suggested support line (3485.14). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MKRUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
This asset moves slowly, until its not. It's scarce too, but we're here for the charts and you can research fundamentals on your own. Already in uptrend on daily. Rising tide lifts all ships..should benefit if BTC and ETH are ready to continue onnward and upwards.
Taking a look at MKR on the daily time frame we can see that it is currently testing even with the February 2021 swing high level placed at the $2696 - $2837 zone. During the last week of June and going into the start of this month, all the top cryptos sold off a bit to stop out the over-leveraged longs before moving back up. The bull run isn't over, it's just a...
Like the Cardano (ADA) chart I posted, MKR avoided making lower lows on the daily and has kept a strong presence following the Bitcoin/Crypto market selloff. I'll let this chart speak mostly for itself, but fundamentally were you aware of MKR's scarcity.