Hi Everyone; today we have one of the best risk to reward Investment opportunity it is more than 620 times the risk and the chart is look very promising. I expect breaking the previous bear market key point will clear the way to the final target
💎 MKR has recently witnessed significant developments in the market. It is currently facing a key resistance zone, and historical data indicates the strength of this area. 💎 To continue its upward trajectory, MKR would need to break out of this zone successfully, which could potentially lead to a significant upward movement, probability aiming to reach our...
12h time frame - We've been talking about MKR since July 14th. Now it broke the bullish flag(yellow arrow), which is a strong sign. Currently MKR is retesting this flag, and here is also the support of uptrend line. According to previous perspective and analysis(ref.1 and ref.2), MKR has higher target over 1800. Therefore, here is a good position to set trading...
12h time frame - MKR is on the way to build 5 waves, already completed 3 waves from 500~1590. The most important thing here is where is the end of 4th wave(correction wave). According to structural support and 0.382 Fibonacci Retracement, 1350 is the potential end of 4th wave, also will be the start of 5th wave(final pumping wave), which target is 1800~2000....
Is MKRUSDT exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 1400 followed by 1220. What you guys think of it?
4h time frame - MKR creating a rising channel also can be regarded as bearish flag. According to fibonacci retracement and structural support, the target could be set at 1160. This trading plan has 2.5 risk to reward ratio. TP: 1160 SL: 1332
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
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...
1D time frame - MKR retesting that brokeout strucutre TP: 1440 and 2050~2270 SL: 500 *Notice entry is very far from SL(over 40%)*
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...
Mkrusdt Triangle pattern breakdown confirmed retest is in process incase of rejection from here I am expecting 20-30% drop Dyor
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...
As I predicted. Who opened in position? I'd like to hold on to the position, and then I'd like to cover in parts. the last idea
MKR/USDT Sell.... This is not signal... Dont risk more than 3% of your account on any trade...
🟢 MKRUSDT TF: 1W Side: Long SL: $581.45 Leverage: 5x TP 1: $1,036.04 TP 2: $1,317.26 TP 3: $1,544.55 MKR is about to give a buy signal on the weekly chart! Buy and hold for the next few months on spot with 5x maximum leverage.