MKR
MKR parallel channel or flag#MKR/USDT
$MKR is inside ascending parallel channel and near the lower line.
🐮 holding the lower line will increase price to upper line of channel that is the same with resistance zone around $2000.
🐻 this channel can act as flag pattern so break down from lower line of channel will drop price to support zone around $1700.
MKR - The ultimate goal 3700 TargetHello trading friends,
Depending on the target scan - the ultimate goal for MKR depending on the long term trend could be 3700 USD
There is still a high chance of the breakout expected - since MKR did enter also new cycle including the green TA trends.
if this coin increase to the target of 3700+ it means at last 51%+ increase
We will see what this coin will do with the next time frame.
Have good time
MKR - Target confirmation - Interesting for the high breakout This is an extra update for MKRUSDT with the last confirmation trends.
This coin can become on the top list - this depends on the TA trends that it shows.
20% increase + is a possible target - and 3700 are long-term or short-term golden targets.
The interest in this coin is that the volume is also increasing against BTC as we did with other coins- which means it is more interesting to follow the trend and green depending TA.
Same time don't expect to fast price changes, it's going on their way and it can take some time - further, there is no reason to enter any coin directly.
Have good time
# This is not a trading call - trade only depending on your setups.
The goal of this chart is to follow only the coins that are interesting, and where the chance is high is that it will show an effect on the market price.
MKRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has received support at the support zone. It is likely for the price to be able to break the resistance line and move to the next resistances. You can set the Buy order here for the next resistance. If the next resistance is also broken, it will move to the next resistances.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
$MKR/USDT 12h (#BinanceFutures) Falling broadening wedgeMaker DAO bounced back on support and seems to be heading toward 50MA retest, let's give it a try.
Current Price= 1850.9
Buy Entry= 1822.4 - 1733.4
Take Profit= 1994.5 | 2199.6 | 2494.3
Stop Loss= 1596.7
Risk/Reward= 1:1.2 | 1:2.33 | 1:3.95
Expected Profit= +24.36% | +47.44% | +80.58%
Possible Loss= -20.38%
Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 1.5 months
makerdao.com
Contracts:
#ERC20 0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2
#BEP20 0x5f0da599bb2cccfcf6fdfd7d81743b6020864350
#BEP2 MKR-F04
$MKR looks too good (T.A wise) not to talk about.Price is forming a possible heads and shoulder at the base of most significant price area since its last major pump. You will have to zoom out your chart to see this.
All I'm saying is price is showing signs of reversal at a really good price area.
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