hello dear traders
ready for bull run ?
maker dao breakout downtrend channel and now in bulish pattern
About Maker
What Is Maker (MKR)?
Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI...
Seems like a top was put in and we will slowly bleed down for a good while.
Ironic because it’s bucked the trend of the rest of DeFi which seems to have bottomed.
Hi dear members, hope you are well and welcome to the new trade setup of Maker (MKR)
Previously we caught almost 29% pump of MKR as below:
Now on a daily time frame, MKR with Bitcoin pair has formed a bullish Cypher move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
◳◱ A Resistance Breakout has been identified on the $MKR / $BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.04643 | 0.05059 | 0.06174, and the major support zones can be found at 0.03528 | 0.02829 | 0.01714. Consider entering at the current price zone of 0.03384 and...
MKRBTC In January 2023 hit its lowest level in two years, since January 2021 yet, it still trades within a higher low.
This is a long-term higher low and already a thing of the past as currently this pair is moving weekly above EMA50, a major bullish development.
After years of consolidation in the form of a giant bull-flag, a bullish breakout is happening...
Continuing along the theme that the best opportunities are found in alt-tokens…
On the above 2-day chart price action has corrected 70% since May 2021. A number of reasons now exist to be bullish , including:
1) The ‘incredible buy’ signal.
2) Regular bullish divergence . Multiple oscillators are printing divergence over an extended period.
3) Price action...
Hi dear friends, hope you are well and welcome to the new trade setup of Maker ( MKR ).
Previously we caught more than 34% pump of MKR as below:
Now on a daily time frame, MKR with BTC pair is completing the final leg of a bullish Shark move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and...
With a clear and significant break of this descending trend line within #MKRBTC we can see a bit more growth coming before resistance slows things down somewhat.
A TP1 offering 6% gains, TP2 at the next level of #MKR resistance would give a very handsome 18%!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
MKRBTC keeps testing it's support. Perhaps till next years and hopefully it breaks it's multi years bearlarket.
A lot of levels not traded yet in the above zones, basicly no resistance there...
Good year to get in, if you didn't bought on 550 dollars, you may get another chance untill next year.
The volume of MKR/BTC almost died, look how it's almost flatlining...
First time in decades i've seen such little of volume of Makerdao, let's asume this will not last long for the greatest Dao in the industry.
Im buying more no doubt!
This chart is very interesting because of so many signals to look at...
This is MKRBTC (Maker) with 3 days (3D) candles.
Let's get straight to it!
Maker vs Bitcoin (MKRBTC) Bullish Chart Signals
We have the "w pattern" in blue. Signals a low/bottom.
(After a low/bottom prices grow).
We have a low 12-May followed by a lower low 13-June.
(The "same...
Hello every one
MKR/BTC
MKR/BTC was in an Ascending Triangle. The Price has already Done a Break out & we are Expecting it To Increase The Price as Much as The Measured Price Movement (AB=CD) There Should Be a Reaction From The Resistance (Red line) when The Price Touches It. a Pullback Is Expected Before Ascending Further.
⚪What Is Maker (MKR)?
Maker (MKR) is...
$MKR
UCTS indicator signalled a 1D Buy on yesterday close so I took a small position
Currently facing the highest area (resistance?) since October
Looking for it to show stronger volume &/or R/S flip as signal of continuation
#MKR
MKRBTC is creating a pennant on the daily timeframe.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure ->...
MKR Is doing remarkably well and has been in uptrend against BTC since early November.
Had a nice bounce from Weekly Demand.
Need to flip this trendline for a reversal.
⏳ Spot
💎 MKRBTC has formed a symmetrical triangle and after breaking above the resistance the price ranged. It might go lower for a pullback then continues the Bullish move
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 0.05024 to 0.04525
☕️ TP1 0.05450
🍺 TP2 0.06339
🍻 TP3 0.07401
🍾 TP4 0.08480
🍷 TP5 0.09500
🍸 TP6
🍹 TP7
🎁...
![MKRBTC: $MKR/#BTC [#Maker]: Resistance_Breakout](https://s3.tradingview.com/p/pW6Hwh5u_mid.png "$MKR/#BTC [#Maker]: Resistance_Breakout")
