The next wave is expected to be heading north, towards the 127.2% Fibs. If this resistance will get penetrated, the upside potential will become much stronger.
Entry: 4300 Stop Loss: 4000 (-6%) Take Profit 1: 4510 (5%) Take Profit 2: 4750 (10%) Take Profit 3: 4950 (15%)
Maker has formed a reverse head and shoulders pattern and looks ready to move up to test previous resistance/support. *This is not investments advice, trade at your own risk.
I writing this for a friend of mine how invested heavily on this token. We all were impacted in our positions for the latest orchestrated manipulation to bring crypto price down so the big pockets can buy cheap. I believe in projects (ETH, ADA, AAVE, etc) so firmly that I will keep buying the dips. So here it is. Maker currently shows signs of a bullish mode. The...
3rd leg up coming after consolidating post-rip. ready to retest ATH. strong support at $1000 as demonstrated by two hard bounces during retests. set bids there for new entries, 1200 as well if you're impatient. best regards,
Previous ATH resistance trend line appears to now be the support line with a bull flag forming.
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
Going for it the 3rd time! Not Financial Advice...CHEERS!
Looks like it had a reversal and now a run to another new ATH in the coming days.
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...
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...
MKRBTC could potentially have a massive breakout vs BTC after attempting to go higher several times. Potentially one of the strongest DeFi coins
MKR is currently trading above the support zone $4000. As long as MKR is above this zone, we could start seeing a move towards $4742, $5191, $5554, $5917, $6434, $7093 and $8994. If this support breaks, we could start seeing a drop towards $3770, $3515 and $3171. MKR is currently trading at $4238 with a market cap of $3,825,122,943. Its 24 hour trading volume was...
MKR has finally rebounded above 4200 as of writing High BUY by Volume Tightening spread 4300 needs to be held onto
MKRUSD looking real hot on the Heikin Ashi, making new highs. I got in on the consolidation. If you missed it, I'd wait for a pullback on the 4HR or daily. For the noobs - ALWAYS trade with a stop loss. Especially on this as I feel it's a bit untested. Agree / disagree? Lemme know! Educate me. Good luck!
in my previous post about Maker I had a tight stop loss hit taking me out of the trade... With a great bounce off the rising channel the graphs presented a great opportunity to grab a coin before be becomes out of reach.... 1 of a million... Not financial advice... Cheers!!