The moment this fat bear will move foward after all these years will be written in history books!
This is one of the most bearish charts out there no doubt...
Big wallets have been accumulating MKR for the past few days. They know something for sure.
Accumulate between 750 to 805.
Expect at least 45% upside from entry if it doesn't get invalidated.
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...
Hello everybody
Maker is one the most powerful project that is working on crypto and DAO base
According to the chart you can see , after the price broke the trendline with the breakwave the price need to have correction and we shwon on chart the 2 important support zone area .
The price impacted to the first support zone area and we expect the price to move...
MKR
MKR Is giving me BTC Vibes before a breakout prior to ATH
it seems like it is gearing up into a diamond formation and the demand zone looks super strong.
That being said, i will DCA into those 3 areas between the 0.236 and 0 fib levels.
Potential increase: 150%
mid-term hold
will use super small capital for this trade
Inverted Head and Shoulders in the making with target $4270 (my interpretation). Let's make it, baby! 💰
Don't forget to check also the related ideas and my other analyses (link below). Cheers! 🥂
www.tradingview.com
in my previous post about Maker I had a tight stop loss hit taking me out of the trade... With a great bounce off the rising channel the graphs presented a great opportunity to grab a coin before be becomes out of reach.... 1 of a million... Not financial advice... Cheers!!
THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
MKR should break resistance at $2300, and then next resistance is $2800. If we can break through those resistances we should find it going straight up to $3100 where it could potentially break and make a new high.
FUNDAMENTALLY
Maker (MKR)...
