The system is meant to be governed in part by a governance token called MKR that allows holders to both make decisions about the system as well as act as a lever to stabilize the DAI price.
Conversely, if MKR token holders govern the system badly so that CDPs do not have enough collateral, new MKR tokens are automatically created and sold, bringing the system back...
Binance’s research department noted a drop in Bitcoin (BTC) trading volume dominance from 40% to 27% in February. On the other hand, Ether price witnessed a 158.6% increase in its total monthly volume. This shows that the interest in altcoins is increasing and the researchers expect an alt season soon.
Maker (MKR) also has just managed to remain in the green in...
Good day traders
We got a BUY signal on MKRBTC from SwingBot
Trade Risk: High
Price below SMAs
RSI: Bullish divergence
BuyZone, Possible targets and Stop loss are indicated on the chart
Check out how to use my trade signals in the link below
If you are interested in using SwingBot to create your own signals, send me a message for a free...
Maker, a relatively unknown coin, even tho it is a top 21 coin on marketcap.com
It looks to me like Maker is going to at least generate +50% value against BTC this year.
Couldnt find a chart that was long enough back in time, so I had to draw the very visible channel myself.
Now it has bounnced again from the bottom of the 2 year channel, and I suspect it...
First publication from an absolute noob so take it with a grain of salt
I see an upwards triangle with a clear resistance at .1075 BTC, wait for the break up and enter until the targets: .12 BTC and then .145
Let me know what you think.
Happy trading and good luck
Using the OBV and MFI over a Long term time frame, I recommend going Short.
Reading the OBV, it can be seen that the momentum has risen close to its highest limit, which means anytime soon there should be a downtrend.
The MFI shows that the price is in the "Red" region which shows it is unsafe to enter the market as the volume and price combined does not advice a...