Hello Paradisers, turn your attention to this token!
💎 MKR has been unable to establish newer highs on the daily timeframe and faced rejection in the supply zone.
💎Currently, MKR has decisively broken past its previous higher low, establishing a lower low - a bearish indication.
💎It seems MKR might be gearing up to form a new lower high before potentially...
this coin has completed 5 wave in daily chart with divergence between wave 3 and 5 , also there is another divergence in weekly chart . moreover , it is on the top of its descending channel . so I expect a correction in the coming days.
💎 YelloParadisers! Let’s delve into MKRUSDT! We’ve observed it shattering the resistance level, setting the stage for a potential ascent.
💎 A few days ago, it broke through the falling wedge channel upwards, and we noticed it accurately reaching our projected targets. Now, the former resistance has morphed into support, and it’s highly probable that the price...
Every time the market forms something like this we break upwards. Of course, this is not a call, but when I’m searching for good trading opportunities this setup is 10/10 for me.
💎 Paradisers, brace yourselves for a promising opportunity with #MKRUSDT! We're observing a bullish flag formation and a mitigation of the supply zone, signaling a potential upward move👀
💎 Currently, #Maker is trading in a demand zone and has touched the $1305 level, forming a bullish flag pattern. This suggests that bullish momentum is being restored. If a...
Yesterday, I made a trade with BINANCE:MKRUSDT because of the pattern and long confirmation and for this trade, two take profit areas are set ( Refer to the fib lines ) along with protective stop loss for each take profit hit areas for net profit security. I didn't have an image of my win rate on Binance, but I will provide you the next time :)
I ended the...
MKR has shown relative strength vs other sh!tcoins on my watchlist recently and this strength has it now completing a yearlong rounding bottom. I'm long from 1389 with my stop below the last day in the pattern. Time will tell if this breakout takes legs, or if it falls back into the consolidation range.
MKR UPDATE: MKR nearing daily resistance but there is more uptrend from there as we can clearly see that there is daily OB at 2226.3 to be mitigated if considering a short on MKR
As you may know, I am mainly looking at shorting assets like crypto for the coming days because of the fundamentals we are currently seeing at the moment with the US dollar. I came on this pair that could be interesting because of the huge spike it made and in my opinion will not sustain for long. For that reason, I would like to see price break below the last...
Yesterday, I published this double bottom pattern of MKR as I'm in the wait-and-see mode for a possible scenario - 1) a breakout or 2) a price rejection.
The coin had a breakout on its neckline, thus lead to the activation of the bullish pattern as it nearly approaches our target profit area, I also put a protective stop loss, thanks to the .618 fib area to...
Hello everyone, I invite you to review the MKR chart on a four-hour interval. As we can see, the price has risen from the downward trend line marked with a yellow line, but currently we are moving in a visible upward trend channel, marked with blue lines.
Let's start by marking support places for the price and we can see that first we have a support zone from...
On this chart on an hourly timeframe, MKR is forming a double bottom pattern, meaning it could potentially present a bullish trend. The plotted neckline or the resistance level is on the .382 fib level (from swing high to low) and added highlighted the candle wicks for backtesting the firmness.
Now, we're in the wait-and-see mode until we see two possibilities...
On this chart on an hourly timeframe, MKR is forming a double bottom pattern at the 1264 support line, meaning it could potentially present a bullish trend. The plotted neckline or the resistance level is on the .382 fib level and highlighted them from backtesting.
Now, we're in the wait-and-see mode we see two possibilities either 1) trend breakout and old...
This currency is placed in a cup pattern in the daily time, but this pattern is not yet formed in case of breaking the daily resistance at the price of 1410.
There is a possibility of growth of up to 80% for this currency.
But this failure is far from expected.
In the time of 4 hours, we have a divergence and the possibility of price return to two support ranges...
