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
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.
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.
Coiling - range bound for 20 days. 200 period moving average is trending up which is bullish.
An idea for MKRUSD As you can see on the fib circle multiple supports have been claimed on the way up to the formation of this bullflag / symmetrical triangle Price is also supported strongly by this blue MA line, which has previously been a strong level of bullish rejection Arrows placed show the transition from the bears dominating to the bulls
Hello Traders and Investors, MKRUSD is showing a very bullish setup. It broke above a resistance and is forming a new major support. If this continues to hold, a big move towards ATH will be very likely. This move will be a 100% gain, even more if entry is right on the major support. Best
MKR confirmed its breakout of consolidation yday With divergence in both RSI and MACD we should expect this one to head back toward ATH Target 6415
$MKR has officially backtested the break out of the falling wedge consolidation here. This is a daily play and may take some time, but i do think mkr will have its day. Low risk, stop can be adjusted on a smaller time scale to taste, but 3:1 is easy to do here.