In the last 3 days, Maker (MKRBTC) has recovered as much as 2 months of bleeding and starting a new uptrend.
This is another signal that speaks positively as to what is happening with the altcoins market in the coming weeks.
We are seeing many altcoins recover printing strong growth/green.
This is only the beginning of course, and just as this Altcoin grows,...
MKR is gearing up for a breakout. While many alts have seen large gains and breakouts from this same pattern, MKR has not.
However the volume has been bullish on this potential reversal pattern, suggesting people are hoping for a breakout here.
The bullish candles have all had significantly higher volume than the bearish ones.
It is not overextended on any...
MKR/BTC
The pair of commissions knows that very strong rebates are going up and down As shown in the graph, we will now sell even The support line is in contact with us and we are making purchases
MAKER entering a solid buy level, this token rarely spends time down here. As long as support stays strong, gains should be good. I still believe this is a strong coin going forward.
Please feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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- Downtrend is valid
- Below 200EMA
- MACD lines coming...
Interesting 17 month long head & shoulders pattern developing on MKR. Target is 2x head to neckline measurement, that would also re-test the horizontal resistance and beginning of neckline from June 2019 high. Price otherwise looking for support from the VPVR Point of Control around 0.047, while RSI has broken back into neutral territory from bearish. CMF has...
MKRBTC is trying to have a breakout from the descending channel.
The price is testing the weekly resistance, According to Plancton's strategy, 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 -> 4h...
About Maker
A better money
Digital currency that can be used by anyone, anywhere, anytime.
Maker is a smart contract platform on the Ethereum chain that backs and stabilizes the value of stablecoin DAI through a dynamic system of Collateralized Debt Positions (CDP), autonomous feedback mechanisms, and appropriately incentivized external actors. MKR tokens are...
MKR has retraced and accumulated enough to resume the uptrend. It's a good buy entry now>
Buy: 56600-53600
Sell: 58700-61200-65000-68900-73000-76900-81000-85100
Stoploss: 51000
