Maker gonna make it!MKRBTC could potentially have a massive breakout vs BTC after attempting to go higher several times. Potentially one of the strongest DeFi coins
Maker
Money MAKERMaker seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 5760 and even higher. MKR been money maker lately (see related idea), so I hope this ATM🏧 is still working! There are 2 different SLs, one tight, one wide. I will split the position into two (equal size) and will go with both SLs.
ENTRY : local high @ 4151
SL1 : local low @ 3934
SL2 : local low @ 3568
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL1) @ 5760
RRR with SL1 : 7.4
RRR with SL2 : 2.75
INVALIDATION : when SL level hit
Like👍 & Enjoy🍿!
MKR.USDT (Y21.P2.E1).Potential cradle setupHi Traders,
Here is a potential nice setup for a cradle trade on the 1 hrly.
It has all the ingredients so far.
Yes, it has a slight downward pressure for now, but that could be shallow.
Be careful as BTC can spoil many good setups if it drops.
If you don't know the check list for a cradle setup or strategy, you should learn it asap. Which I teach. Link below.
All the best,
S.SAri
s3.tradingview.com
s3.tradingview.com
Maker: Roll of the Die (Part 2)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!!
MKR making triangleMaker seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 4870 and even higher.⚡
ENTRY : local high @ 3667
SL : local low @ 3290
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 4870
RRR : 3.25
INVALIDATION : when SL level hit
Like👍 & Enjoy🍿!
MKR MAKER - Shake & Bake 'er - GO LONG... maybe? With a recent rip on the daily, it looks like a breakout may be occurring on the 4HR. It's just a wee little candlestick spikey (but size doesn't matter right)?....
However, this might be the opportunity to use the 4HR to get ahead of the daily and take your position early. It's still pretty speculative, but I've pegged it at a 1:6 risk/reward. So, you don't have to get many of these little, high reward positions correct, to hit that big paydirt carrot.
Here are the indicators, most are leaning towards a buy www.tradingview.com
If you're not satisfied with my analysis, just use some house pet prognosticating... Step one: Put one doggy bone in each hand. Write long on one and short on the other. Whichever your mutt chooses first... THAT"S THE ONE. Step two: Invest entire life savings... What's the worst that can happen? Lots of homeless people have dogs.
What did the pizzas say to the pizza MAKER? CHEESE-US!
Experts See Profit-Booking In MKRMKR Price traded at $3459 with a gain of 22.80% in the last 24-hour and 60.45% up in the weekly time-frame. Furthermore, Maker plunged from the resistance of $3770. In contrast, the market capitalization stands at $3 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is trying to sustain above all the EMA. RSI index showcases a downward slope. Moreover, the price movement can be towards the EMA-21 of $3015 in future trading sessions.
Resistance: $3770
EMA-21: $3015
Support: $2540
Daily MKRUSDT is in a very promising scenario! What do you thinkTechnical analysis regarding the price of MAKER in relation of dollar Tether for the next scenarios, based on daily movement.
The price is moving sideways and may be accumulating for a new impulsive wave formation. The price has come and gone in a very considerable upward trend, which I believe will last longer! It is just taking a breath to have a new price boost and, if you break this resistance region (upper red line on the chart), you can get the $ 2,884 dollars.
I emphasize here that nothing is 100% concrete! I am passing my perception on the current scenario and it is not a recommendation to buy. Use for didactic purposes and carry out your own analysis on. Take only as a speculative basis.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
🆓Maker/USDT Analysis (25/3) #MKR $MKRMKR has a good support at 1800$ zone, if it can hold this support, it will move up to 2600$ and even 3400$ zone in April.
But if MKR loses this zone, it will continue to dump to 1400$ or 1200$ in the next few days.
We must pay attention to this 1800$ zone in this moment
📅EVENTS
👉Mar 30 : SolarX Vote Ends
📈BUY
-Buy: 1750-1850$. SL if B
📉SELL
-Sell: 2550-2650$. SL if A
-Sell: 3350-3450$. SL if A
♻️BACK-UP
-Sell: 1750-1850$ if B. SL if A
-Buy: 1350-1450$ if A. SL if B
-Buy: 1150-1250$ if A. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
a trading channel on makertest purpose please do u own research before entering this trade. still trying to learn new things in the trading world here is one of my first TA.
a small trading channel on maker for short period. I see an opportunity to take a short on the way down if the trend holds.
if the channel holds his support at the bottom I am going to take a long to the upper trend line of the channel with some tp's the way up to minimize the risk.
please leave some support down for some feedback.
Maker: at least +10% vs BitcoinMaker DAO’s MKR token is one of the oldest DeFi assets. Like many other crypto assets, it posted stellar gains this year. Yet in BTC terms, it’s still well below its all-time high of 0.18 that was observed in 2019.
After a surge to above 0.08 BTC (a level also last seen in 2019), MKR was heavily sold throughout February.
We’ve asked Hybrid Intelligence the following question to see if MKR has now reached the bottom.
“The cryptocurrency Maker (MKR/BTC) settled at 0.044437 BTC at 07:00 AM UTC at the Binance exchange on Thursday, February 25. Will MKR/BTC trade above 0.048881 BTC (+10.0%) earlier than trading below 0.039993 BTC (-10.0%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 71%
This is a bullish signal, suggesting that Maker is more likely to bounce from this level. Of course, it’s also important to watch the overall trend for the whole crypto market (covered in yesterday’s idea).