This currency has had a good growth and is in an upward trend, but it has shown a steep slope, which means that there is a possibility of a fall, or rather, a correction for this currency is possible. This correction is possible until the bottom of the channel, but if If we break the bottom, we will exit the upward trend and we can see a sharper drop
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 ...
💎Today, Paradisers, we delve into the compelling case for #MKRUSDT's long-term bullish potential and shed light on how far the price might ascend. The first signal of a trend reversal emerged with the break above the year-long wedge pattern. Following four months of consolidation, the uptrend firmly established itself. 💎 A crucial factor was the bounce off the...
MKR/USDT Elliott Wave Analysis: Anticipating a 20-30% Down Move In this Elliott Wave analysis of the MKR/USDT trading pair, we'll explore the current price action and wave count for Maker (MKR) against the US Dollar Tether (USDT). The analysis suggests a bearish outlook and the CryptoPatel is expecting a significant correction in the coming days. Please note...
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
Mkrusdt Iam expecting price to reject from this channel trendline resistance and retest the lower support line Overall I am bearish on mkrusdt we cam expect atleast 15-30% drop incming days. Let's see Note : this is just an idea, do your own research before taking any decision
the upcoming trend for MKR what could make it able to gain up $800 coming time. Technical view shows the possibility for a new increase by MKR. Low time frame MKR needs to hold the $600 USD price action to be able to play in a stable trend that could change into a new increase view. If MKR can hold the $600 within the time frame then we could meet in the coming...
If we want to check based on the previous move, it can have a move like a green box, and the possibility of hitting any of the red lines for correction can be checked.
Mkrusdt 4H time-frame Chart is looking bearish on 4h timeframe facing double resistance, trendline + horizontal and volume is not enough for brrakout iam expecting price to retest again the channel support level Let's see Note : This is just am idea not financial advice do your own research before taking any decision If You Are satisfied with our work...
I invite you to review the chart of MKR in pair to USDT. Here the price stays above the uptrend line After unfolding the trend based fib extension grid, we see that we first have a support zone from $ 1067 to $ 1008, then we can mark the second support zone from $ 950 to $ 867, but when the zone does not hold the price, we can see a drop to the area of strong...
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...
Maker (MKR) technical analysis: Trade setup : Trends have reversed to uptrend but price has reached our target of $1,000-$1,100 resistance zone. It briefly consolidated in Bullish Flag pattern, broke out again and spiked up as high as $1,250, making a new Higher High (sign up Uptrend). However, we’re deep in a resistance zone, so we would prefer to enter on...
Mkr long setup br.O of falling wedges hope we ar moving towards profit
💎 MKR is currently trading in a high volume area, with the poc of the Volume Profile Visible Range acting as support. 💎 if it fails to hold its position at the POC, it could correct to another level, potentially up to 5%, before resuming a bullish trend. 💎 maintaining a strong position above the 50-day Exponential Moving Average, further indicating a potential...
1D time frame - MKR retesting that brokeout strucutre TP: 1440 and 2050~2270 SL: 500 *Notice entry is very far from SL(over 40%)*
signal to long You can trade according to the numbers specified on the chart. According to the lines and return points, this deal is suggested.
Maker (MKR) technical analysis: Trade setup : Trends have reversed to uptrend but has reached our target of $1,000-$1,100 resistance zone, where it got rejected. Notice the long wicks on recent daily candles, indicating heavy selling. After a 100% gain from recent lows ($500) on June 10th, we expect some profit taking around the $1K resistance area. Now it’s...