Maker (MKRUSD) broke and closed the 1D candle above the 1D MA50 (blue trend-line) for the first time in ten days, after rebounding on the Higher Lows trend-line. Along with the 1D MACD Bullish Cross, this is an initial buy signal that will get confirmed after the price closes a 1D candle above the 1W MA100 (red trend-line), which caused a rejection on August 02....
Maker (MKR) technical analysis: Trade setup : Trends have reversed to uptrend and price spiked up as high as $1,350, making a new Higher High ( sign of Uptrend ). However, it got overbought (RSI > 70) there and pulled back to $1,000-$1,100 support area, which could be an attractive swing entry in Uptrend. Upside potential back to $1,350. Trend : Downtrend on...
Maker is up-trending for a month but printed 3 shooting stars in a row, looks likely to retrace down to 100EMA support. ⚡️⚡️ #MKR/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (5.0X) Amount: 5.0% Current Price: 1270.0 Entry Zone: 1285.0 - 1340.0 Take-Profit Targets: 1) 1186.0 2) 1091.0 3) 996.5 Stop...
SEC wants to crack down on crypto market This is a means to control the flow of money. Every nation across time does not want to see their money flow out of their 'bloc'. If Binance continues to be a behemoth in the new finance space whilst CZ is in China.. this will continued to be perceived as a threat. I dont have extra information into Binance but regardless...
Despite the relatively high price, the Maker MKR token managed to double in price in a month . It turns out that now the MakerDAO ecosystem, which is one of the first projects on the decentralized finance (DeFi) scene, is now the locomotive that should once again accelerate interest in DeFi. At the moment, the MKRUSDT price is trying to gain a foothold above ...
NFA DYOR y axis only maker sitting on the launchpad of wave 3 of 3 of 3 circulating supply 977K One of the cleanest wave structures in crypto imho
Maker (MKR) technical analysis: Trade setup : Trends have reversed to uptrend but price has reached our target of $1,000-$1,100 resistance zone. It briefly consolidated in Bullish Flag pattern, broke out again and spiked up as high as $1,250, making a new Higher High (sign up Uptrend). However, we’re deep in a resistance zone, so we would prefer to enter on...
Fundamentals: Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI stablecoin. Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI,...
Maker (MKRUSD) has had an incredible bullish run since June 12, being currently on the 6th straight green 1W (weekly) candle. This rally has taken a stop on the 1W MA200 (orange trend-line) two weeks ago but more importantly it faces an even stronger Resistance from the October 03 2022 High at 1165. This is taken from the previous Cycle and the early 2019 fractal...
💎 MKR is currently trading in a high volume area, with the poc of the Volume Profile Visible Range acting as support. 💎 if it fails to hold its position at the POC, it could correct to another level, potentially up to 5%, before resuming a bullish trend. 💎 maintaining a strong position above the 50-day Exponential Moving Average, further indicating a potential...
once mkr retests 1000$ as support it should begin its bullrun.next resistance 1670$
Maker (MKR) technical analysis: Trade setup : Trends have reversed to uptrend but has reached our target of $1,000-$1,100 resistance zone, where it got rejected. Notice the long wicks on recent daily candles, indicating heavy selling. After a 100% gain from recent lows ($500) on June 10th, we expect some profit taking around the $1K resistance area. Now it’s...
MKRUSD is approaching the MA200 (1w) which is untouched since October 17th 2022. The price has already closed over the MA50 (1w) last week for the first time since March 28th 2022, giving a clear long term buy signal. A closing above the MA200 as well, is the next buy signal to take advantage of. Trading Plan: 1. Buy if the price crosses over the MA200 (1w). 2....
Maker (MKR) technical analysis: Trade setup : Trends are reversing to uptrend. The $600-700 support zone once again acted as an attractive entry area. Now price broke above the 200-day moving average (~$676) and above $800 resistance, signaling potential trend reversal. Price could revisit $1K resistance. Maker is a well established DeFi platform with real...
Hi dear members, hope you are well and welcome to the new trade setup of Maker (MKR) Previously we caught almost 29% pump of MKR as below: Now on a daily time frame, MKR with Bitcoin pair has formed a bullish Cypher move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
If you haven`t bought MKR before the crypto rally: Or sold it on the way down: Then you should know that the Crypto MAKER has recently experienced a period of being overbought, indicating a potential need for a retracement or pullback in the near term. Overbought conditions occur when the price of an asset has risen too quickly and may be due for a temporary...
- resistance - support trendline ( 3 touches ) - volume at the top - divergency on my indicator if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.