The crypto markets are warming up so I am back to trading. This summer will be epic with US govt messes, BRIC and who knows what else. It looks like the FED, Congress, IRS and Sam Bankman Fried are all the same! Out to get our money at all costs and they make the rules. Thats when I say "screw it" and just focus on the data.
Maker daily chart shows price action...
identical wave count as algo that i posted a few days ago, ...things that make you shake yo money maker..
get that money maker shaker
NFA
DYOR
you know the rest..
Let's say Makerdao disapoints me a little. After 6 years the market cap didn't growth at all, bouncing the 2018 levels like for ever.
Each person that owned some MKR during the last bullrun took an instant exit., Like most people knew that market wasn't going anywhere. I mean look at this sh*t...
I have coins released last year and doing a 1000 times better...
We can get an entry at $650
TP 1 - 720
TP 2 - 780
TP 3 - 900 (moon bag)
S/L - 620
Risking $30 to make 70/130/250 per
This is all pending on if Bitcoin behaves.
Maker is having a Golden Cross (1D) event. The first since August 24th 2021.
The pattern is a Channel Up.
Trading Plan:
1. Buy on the current market price and as long as the MA50 (1D) is supporting.
Targets:
1. 1140 (beneath Resistance 1).
2. 1650 (beneath Resistance 2) as long as we get a pull back to MA100 (1D).
Tips:
1. The RSI is holding over the 50.00...
GOOD MORNING!
Let's GO!
$MKR looked like it was breaking down BUT
Today #MKR pumping higher and volume looks good
Has struggled @ weekly 20EMA GREEN since breaking down 5/21
Interesting, could it be making a larger WEEKLY Inverse Head @ Shoulder?
#DEFI #Crypto
When $BTC & $ETH cool off what to buy???
1
Looking @ $MKR
4hr not showing much
1Hr shows the selling = HEAVY
5Min more details - NOT ready to step in again
#MKR #MAKER #defi
Copy paste from all this morning
Pls see profile for more info
$MKR breaking out atm
Volume is weak though
#MAKER has done this many times over last few weeks
If not today it should do it soon
$FARM following
(few minutes ago - Volume coming in for $MKR)
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$MLN #enzyme
Has been slowly creeping up
Look @ buy volume, very good
#MKR has treated us well...
Repost from elsewhere
$MKR tried an inverse head & shoulder pattern last year but failed, miserably
It's attempting it again & this time it looks a bit better
Ditto for $FARM
#DEFI #crypto analysis
After around 6 months of hugely profitable trading with MKR we've received a Short signal from Crypto Tipster v2 - looking at the chart there's 2 possibilities from here.
Either we're actually looking at a period of consolidation whereby the price isn'y going to do all that much within the current range until it reaches the end of this wedge in a couple of weeks;...
