Long MKR/BTC Activation of the transaction only when the blue zone is fixed/broken. The author recommends the use of anchoring fixed the blue zone, this variation is less risky. If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at...
MKRBTC - Long - Potential 17.90% Exchanges: Binance Signal Type: Regular (Long) Entry Zone: 0.039591 - 0.040910 Take-Profit Targets: 1) 0.043371 2) 0.048151 Stop Targets: 1) 0.037318 Trailing Configuration: Entry: Percentage (0.0%)
MKRBTC - Long - Potential 14.00% Exchanges: Binance Signal Type: Regular (Long) Entry Zone: 0.037892 - 0.038419 Take-Profit Targets: 1) 0.041501 2) 0.044364 Stop Targets: 1) 0.035735 Trailing Configuration: Entry: Percentage (0.0%)
MKRBTC - Long - Potential 11.04% Exchanges: Binance Signal Type: Regular (Long) Entry Zone: 0.035207 - 0.035929 Take-Profit Targets: 1) 0.037242 2) 0.039993 Stop Targets: 1) 0.033727 Trailing Configuration: Entry: Percentage (0.0%)
Maker DAO’s MKR token is one of the oldest DeFi assets. Like many other crypto assets, it posted stellar gains this year. Yet in BTC terms, it’s still well below its all-time high of 0.18 that was observed in 2019. After a surge to above 0.08 BTC (a level also last seen in 2019), MKR was heavily sold throughout February. We’ve asked Hybrid Intelligence the...
maker is undervalued in my opinion it has 5.5B locked in and a market cap of only 2.13B
MKR/BTC seems to be forming an inverted head and shoulder, with an upwards potential of roughly 30% if it breaks out above the white resistance line. From a fundamental perspective MKR seems undervalued compared to its peers in the Defi space, with a current market cap of roughly $1.5b, below most big Defi players despite the fact that it can be seen as the...
The Inverted Head and Shoulder identified a few days ago has played out nicely (albeit there was a brief drop below the neckline after the initial pump). The measured move indicated that the target was exceeded (green lines), however due to the state of the altcoin market, and in particular the DEFI narrative, i remain bullish on MKR in the mid-long term for the...
MKRBTC - Long - Potential 13.28% Entry- 55513 TP1- 58702 TP2- 62888 SL- 50431 - Trigger - Pullback - BTC - Price & Dominance Stabilising - RR - 1.4 - Trailing Buy - 1% - Trailing Profit - 1% - Trailing Stop-Loss - no
deep liquidity tested and bounced. If support is found look for rise to local resistance.
MKR could break through this resistance and start a new wave. I expect the price to go up once the resistance is broken.
Forming a huge symmetrical triangle. Currently testing strong resistance to touch top of triangle. Possible reversal and test support of triangle. Waiting for entry point here.
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.0233). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MKR/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.0233). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MKR/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...