Defi and cefi are future roles for crypto post reset Maker Dao- the algorithmic dai stablecoin and the Maker token represent probably the safest defi ecosystem Whilst a terra-luna repeat is not unfathomable- if you are looking for a defi bet this is probably it There are some rumblings regarding the usdc stablecoin and some links to maker Whilst i wouldn't...
A little lopsided But the bottoming principle of the pattern is still evident Could be an accelerative move incoming. Post #LUNA and #Celsius #Defi has shown considerable strength And looks to continue upwards.
Maker (MKR) will need to hold a major level of support at around: $1050.00. Any daily red candles that close bellow this level will be a concern, therefore pushing us further down to: $855.00 level. Not much support bellow the current level of support resulting in a -20/-30% drop! In order for Maker to remain bullish; will need to see a green daily candle close...
Follow up my to my last Video on April 7th. I cover #BTC.D & #Total2 #stablecoins #USDT, #USDC dominance Crash season looming September/October #MSTR, #GalaxyDigital #Sol #LTC #MKR #PlanB #Bitcoin Maxi's and #HEX
Looks a good setup. Head & shoulders, over a 90% fall from grace from this Bull top. Retested resistance after the #UST / #LUNA debacle Attacks on stable coins will continue, even over collateralised stables like #DAI
MKR is forming a possible bullish continuation pattern, and it has the most bullish DMAs in the entire market. If it can stay supported in this zone, there is a small chance in a fast continuation to the upside as demand piles in quickly. I give this about... a 5% chance of playing out, but it's worth looking at. If it breaks to the downside, targets are listed...
I know that title might sound a bit weird considering what we have just seen on the crypto boards in the last several days, but take a look at MKRUSD traders. We have a lower break rejection with short-term support. After this point was reinforced yesterday, we saw a 10% rally to close out Thursday. Today’s picture continues to look good, with a dominant trend...
This is a remarkable resemblance between Maker's (MKRUSD) price action since the May 2021 High with Bitcoin's (BTCUSD) Bear Cycle of 2018. I've mentioned numerous times that the crypto market's price action in the past +12 months can be viewed as a smooth (for crypto standards) Bear Cycle as a whole. As for Maker's 2021/22 price action we see that it shares...
For anyone who doesn't know, MKR is the OG DeFi and they're closing deals; most recently with Tesla. With that said, a STRONG trend line down has finally been broken with three green candles on the weekly and I believe there is going to be short term upside of 10-15% for anyone who is trying to trade this vs USD or against any similarly pegged stablecoin. If...
After maker gave a trendline line breakout it is now consolidating near its resistance any move above 2250 level can be seen as a buying opportunity and sl can be below the consolidation.
Possible Inverse Head and Shoulders Bottom. Long entry with a break of the neckline with an uptrend. Price tried to break the neckline today but did not hold on. The 2nd shoulder is higher than the first which is preferable to a vice versa situation. Possible flag forming and it would be called a Bull Flag as the pole goes up verses down like a Bear Flag...
Taken a LONG position on MAKER; crossed above the resistance trendline. Target 22 stoploss below trendline This is not finacial advice please do your own research.
i am bullish and hope to follow the blue path what do you think? i appreciate your feedback. thanks TP 9000$ SL 1513$
Golden Cross on MAKER we are up to a long term BULL RUN, fractals can be used for long entries.
MKR is at very strong support....great buying opportunity. Like this idea? Please do thumps up...Thank you for watching. 30 days forecast. Disclaimer: Take trades at your own risk.
Here is a chart with my prediction of local bottoms and tops if we happen to be in a bear market over 2 years. I chose COINBASE:MKRUSD as my metric because its current price action resembles the empirical price data from the former bear trend. I'm not saying this prediction is certain, however this chart seems to be in a similar pattern. I have been...
I like how the bollinger bands squeezing. The moving averages are coiling up. All eyes on BTC.