MKR
MKR: Time to meet your MAKER upstairs My thoughts on the current state of the crypto market is bullish as BTC keeps on reclaiming at 60K. All breaks below 60K have been bought up rapidly, leading me to my bullish case for MKR. MKR is at a great risk to reward ratio. it has currently been consolidating between a 2650 and 2250 channel for an entire month, a possible accumulation phase. We have had a double bottom with an extremely bullish MACD divergence on the daily. Proposed trade stop loss is at 2100 with a safe profit taking target at 3650 (if you chose to take profits). An approximate and respectable 3:1 gain. But with the current hype being built around the end of the year bull crypto run, this can definitely go higher.
Trade safe and remember the market does not care about you!
MKR - My Trading Plan in 5 mins!Hello everyone, sorry meant to say "MAKER" not "Mark Space" if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for MKR, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
MKRMKR vs ETH. Few things to note, We broke out of the large multi year falling wedge. The break out tested 100 weekly ema around 2 ETH per MKR. We are at ATL vs ETH now, the BTL is very close and can get tapped. A reverse back to fib retracement lvl 236% & Also the 100 ema weekly would be around 1.86 ETH per MKR
MKRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price can create a head and shoulders pattern and lead to a fall.
But if it breaks the resistance line upwards and stabilizes, it can start moving upwards.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
MKR USDT SHORT SWING TRADE| MKRUSDT | SHORT @ 2380 - 2370 | TP @ 2360, 2350, 2340, 2330, 2320 | SL @ 2460 | PATTERN = DESCENDING TRIPLE BOTTOM BREAKDOWN |
PNF chart on the hourly shows a trend reversal, DESCENDING TRIPLE BOTTOM BREAKDOWN.
The strategies I use involve a mix of PNF and Renko. My type of trading is strictly swing trading.
🆓Maker (MKR) Aug-30 #MKR $MKRMKR is heading to the support area of $3200, this is a strong support area and can completely help MKR increase strongly in the near days to the areas of $4000, $4800 and $6400. But if it loses the $3200 area, then the $2800 area is the next strong support we need to pay attention to
📈BUY
🔴Buy : 3120-3280$. SL if B
🔴Buy : 3900-4100$ if A. SL if B
📉SELL
🔴Sell : 3900-4100$. SL if A
🔴Sell : 4700-4900$. SL if A
🔴Sell : 6300-6500$. SL if A
♻️BACK-UP
🔵Buy : 2730-2870$. SL if B
❓Details
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
MKRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, we have drawn a support line for you dear ones, to which the price has reacted. Currently we have two price scenarios that we have shown you on the chart.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
💡Don't miss the great buy opportunity in MKRUSD @MakerDAOTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3485.14).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPJPY 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 73.
Take Profits:
TP1= @ 4100.14
TP2= @ 4628.64
TP3= @ 5359.64
TP4= @ 5853.13
TP5= @ 6346.62
SL= Break below S2
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. . . . . 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 ❤️
💡Don't miss the great buy opportunity in MKRUSD @MakerDAOTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3485.14).
. 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 73.
Take Profits:
TP1= @ 4100.14
TP2= @ 4628.64
TP3= @ 5359.64
TP4= @ 5853.13
TP5= @ 6346.62
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 ❤️
MKRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, according to the previous analysis, we said that if the line breaks, there is a possibility of price increase, and as you can see, we expect it to reach our target if the price is above the support line. But in case of failure of the support line, we consider the fall to the next support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!