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MKR

$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
Long
by TradingOn
💡Don't miss the great buy opportunity in MKRUSD @MakerDAOTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2087). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MKRUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 68. Take Profits: TP1= @ 2331 TP2= @ 2523 TP3= @ 2762 TP4= @ 2873 TP5= @ 3194 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
2
💡Don't miss the great buy opportunity in MKRUSD @MakerDAOTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2087). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MKRUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 67. Take Profits: TP1= @ 2331 TP2= @ 2523 TP3= @ 2762 TP4= @ 2873 TP5= @ 3194 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2
🟡MKR/BTC: It's Going to Be BullishHello every one MKR/BTC MKR/BTC was in an Ascending Triangle. The Price has already Done a Break out & we are Expecting it To Increase The Price as Much as The Measured Price Movement (AB=CD) There Should Be a Reaction From The Resistance (Red line) when The Price Touches It. a Pullback Is Expected Before Ascending Further. ⚪What Is Maker (MKR)? 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, a community-managed decentralized cryptocurrency with a stable value soft-pegged to the US dollar. MKR tokens act as a kind of voting share for the organization that manages DAI; while they do not pay dividends to their holders, they do give the holders voting rights over the development of Maker Protocol and are expected to appreciate in value in accordance with the success of DAI itself. The Maker ecosystem is one of the earliest projects on the decentralized finance (DeFi) scene: the industry that seeks to build decentralized financial products on top of smart-contract-enabled blockchains, such as Ethereum. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
10
$MKR DOUBLE BOTTOM After the last drop, many altcoins seem to form a double bottom pattern in the DAILY time frame and $MKR is one of them. In addition, positive divergence is also observed in the RSI. With the breakdown of the neck, which is the first red line, the $3100 and $3350 levels will be the target. The trade should be stoped with closes below the green zone. Son düşüşten sonra bir çok altcoinde, GÜNLÜK zaman diliminde ikili dip yapısı oluşmaya müsait gözüküyor. $MKR da bunlardan bir tanesi. Ayrıca RSI da pozitif uyumsuzluk da gözlemlenmekte. İlk kırmızı çizgi olan boyun bölgesinin kırılımı ile $3100 ve $3350 seviyeleri hedef olacaktır. Yeşil bölge altında kapanışlarla işlem kapatılmalıdır.
Long
by alplaila
The Money MAKERMKR saw a huge rise in May 2021 followed by a sharp fall due to the market conditions at the time. Ever since, it has failed to get close to making a new ATH. It is currently trading just above one of its long-term support lines and will be testing its long-term resistance (black line) over the coming days. The volume being traded is low so MKR will only break through the resistance if there is good momentum. Until then I believe it will hold above its support and continue to trade close to it. In the event that there is enough volume to break the resistance, a strong bullish wave may form with potential mid to long-term targets marked on the chart. Please note that this is not financial advice and I am not a financial advisor. All ideas are for educational purposes only :) Please feel free to comment with your thoughts and ideas!
Long
by kush23456
2
MKR - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. MKR is sitting around a strong support zone in green so we will be looking for buy setups. on DAILY: MKR is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, MKR would be overall bearish can still trade lower till the lower green support before going up. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
4