💎Paradisers, #MKR is currently building momentum and gearing up to retest the descending resistance.
💎Once it breaks out, we'll wait for a retest to confirm our trading plan. The retest phase usually follows a breakout, offering an excellent opportunity to confirm bullish momentum. If #Maker holds support at $2701 and continues its upward climb, our projected...
my entry on this trade idea is taken from a point of interest BELW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
In the daily time, it is moving in an upward channel, which faced selling pressure after reacting to the supply zone and not being able to break the zone.
💎 Currently, according to the momentum and downward guard, after an attempt to the midline of the channel, it is continuing to correct to the bottom of the channel.
💎 According to the trading node and the...
BINANCE:MKRUSDT forming an Adam and Eve or a double bottom, indicating a bullish pattern. Currently approaching on the neckline more details on the idea threads below. Stay tuned for updates.
We analyzed the fundamentals and technical aspects of Maker DAO in early April. Let's take a look at the changes after a month.
Fundamentally, as the head protocol of RWA, MakerDAO is famous for its security. But after ONDO established cooperation with BlackRock fund BUIDL. MakerDAO chose to expand its $600 million DAI exposure to Ethena’s USDe and sUSDe. This...
📊 Analysis:
Relative Strength: Maker (MKR) is exhibiting relative strength compared to BTC amidst market weakness.
Reversal Signs: MKR has absorbed liquidity at $2,365 and is showing potential signs of a reversal.
Entry: Consider entering the trade at $3,150.
Profit Targets: Aim for profits at $3,650 or $4,000 levels.
Risk Management: Set a stop-loss at $2,850 to...
MKR is at the key resistance zone, I expect the market to go down
🔵Entry Zone 3258 - 3186
🔴SL 3529
🟢TP1 2942
🟢TP2 2676
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please...
The doubters are completely sidelined today🔥🚀
Our Magnet 🧲 has done it's work
ASX:MKR has smashed it's first and grand target done within few hours🎯💵
12% beautiful and unleverage move captured🚀
Follow For Perfection✅
Follow For Money💵
A good reaction on the trendline and being on Fibo 61 are good signs of growth
But be careful!
The market trend is not very stable
Be satisfied with low profits
MKR has beautifully bounced back from the key support area, Now it has potential to run back to it's resistance before falling again down.
I'm in Long From:
ASX:MKR
Entry: 2800 - 2850
Tp: 3250 - 3350 - 3450
Sl: 2300
It can take some days to fully playout.
#nfa #dyor #aqeelonline
In an impressive display of bullish momentum, Maker has witnessed a substantial gain attracting much of the market attention.the price of Maker aka MKR is 1,027 today with a 24hour trading volume of 100 million dollar. This represents a 11% price increase in the last 24 hours and a 50% price increase in the past 7 days.
Maker manged to break its downtrend at 800$...
ASX:MKR breaks the Diagonal trendline and retested it. Looking good for short. The first local support can be $3550. #MKRUSDT local resistance level is $3785.
This is just a suggestion for further analysis and I recommend that you add your personal analysis to it and try its targets in the Demo Start Trade after practicing several times and making sure that the targets are correct with very small amounts and Start your rational leverage. I hope you are profitable
What Is Maker (MKR)?
Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI stablecoin.
Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to...
After talking about the RWA protocol GFI last week, GFI continues to perform strongly. It has gained more than 20% since the release of our analysis and remains bullish on the indicators.
After BlackRock established the BUIDL fund, MakerDAO, one of the leading RWA protocols, also gained attention. The core business of Maker DAO is CDP, which is the creation of...
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
