MKR is being manipulated because it is difficult to predict the upcoming direction of MKR. So we have 2 plans for it:
- The main trend is to continue to dump and should not hold and wait to buy in two zones are around 0.04 BTC and around 0.03 BTC. These are 2 zones you should buy because it will pump back quite strong.
- We can see that the selling volume is...
If you take a look at the 1d chart, its clear evident that MKR/BTC broke out of longterm downtrend and in a bullish pattern with huge volume (Due to CBPro listing). But points to consider that momentum indicators are bullish. Based on my IMO. Not investment advice.
Targets
TP1: 0.0791
TP2: 0.1016
TP3: 0.1240
TP4: 0.1379
Support
0.0514
MKR has already broken out and ready to move up to 0.09 BTC zone and 0.105 BTC so far.
These zones are very strong that we should take all profits here
CB listing is currently scheduled for Monday morning, June 8. There is a reason for the recent price jump and higher volume. At the very least there is a short term trading opportunity from now to then, and possibly much more after that.
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...
Pattern: Channel Up on 1D.
Signal: Bullish as the pair is repeating the August 2018 - January 2019 Bullish RSI sequence on 1D and a Golden Cross is emerging.
Target: 0.09500.
Hi All
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...
i am extremely bullish on maker dao, but in the short run we can see a little correction showing a very nasty double top, that is why i think we need to cool down a little bit
