MKR is trading on the lower major trend line. Waiting on a start of the Bullish trend. Also we have a Bullish Divergency on high time frames.
All Target Marked by Yellow Lines.
Fix your profits partially.
Hello Traders and "longterm" investors in crypto :D:D,
This chart indicates potential bottom of MakerDAO project. Breaking the longterm downtrend line and possible finished wave C could be nice and clear signal for market to rebound.
After breaking the line we could wait for confirmation of line as a support.
Also price action of Bitcoin is interesting which...
Hello everyone, I invite you to review the MKR cryptocurrency pair to USDT, on a four-hour interval. Let's start by marking with blue lines the downtrend channel where the MKR price is moving.
Now, using the Fib Retracement tool, we can determine the support that the price has when the correction deepens. And here in the first place we can mark the support zone...
Tomorrow it will be Makerdao it's 650 day's of full bearmarket! If only it's bullrun lasted so long we called it a minimum of balance...
Great job bears, you eated every single bull out their so far! Up to the 1000 day's bearmarket?
Buyer's area from where there was a 1000% increase last year
Someone is neatly absorbing all the sales and not letting them get near the $600 level
Price a clamping down in a flat bottom triangle.
if price made A break down move i will open a short. A breakup of the blue trend line i will open a long position. Tomorrow's daily will decide what a position I...
Hello everyone, I invite you to review the MKR chart against USDT on a one-day interval. Let's start with determining the direction of the movement and here we have a downtrend channel, what's more, we can mark with the yellow line the local downtrend line under which the price is currently located.
Now we will check the situation with support, which we can take...
MKRUSDT 4H is trying to break above the EMA50 at the moment, has already broken the LTB that forms the upper edge of the triangular wedge and is now trying to penetrate into the cloud. this level we are facing at 668 will be an important resistance range.
Despite the RSI indicating overbought, we expect buyers to remain in control to confirm this...
Maker is a smart contract lending platform that enables users to take out loans by locking in collateral in exchange for Dai
Maker price today is $775 with a 24 hour trading volume of 69 million dollar! MKR price is up 15% in the last 24 hours
US CPI Inflation data will be coming up today 10th November at 7:00PM IST and it can effect the market too
MKR going to...
Watching the trent from Makerdao indicates me the bodem is in.
It's time for this coin to move on if it want to remain bullisch on the long term.
The target for next few years will depent on the preformance, based on what i see now the higher high's will be made around the 10k next years.
If not this will become a very expensive bearish coin in my opinion.
It's...
Big wallets have been accumulating MKR for the past few days. They know something for sure.
Accumulate between 750 to 805.
Expect at least 45% upside from entry if it doesn't get invalidated.
What if this plays out? It might but a C&H in formation.
I think the green one is the more likely but eventually it's up to how BTC behaves.
Sorry I didn't write much, I'm not in the mood and I think this is pretty straightfoward.
Good luck
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The price has returned to its own static resistance, there are two scenarios, it is possible to break this limit strongly, and if it gives a pullback, it can rise to a higher static resistance.
Or again from this range, it is suitable for a sell position in pullback .
Stay tuned for updates .
![MKRUSDT: [MKR] bullish](https://s3.tradingview.com/i/iWdyOw0t_mid.png "[MKR] bullish")
