MKR
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
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!
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"
MKR 50% move SOON - BULLISHTHIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
MKR should break resistance at $2300, and then next resistance is $2800. If we can break through those resistances we should find it going straight up to $3100 where it could potentially break and make a new high.
FUNDAMENTALLY
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.
Buying Areas of 10 Altcoins to BUY IT RIGHT NOW!Hi,
Made a quick and simple look over the altcoins, selected the best ones and pretty much similar setups for them all. A classical retest of the breakout area and some other criteria to add strength to the breakout/retest area.
Obviously, it all depends on the BTC price so let's consider these buying areas as a long-term investment because technically they are pretty good to invest into your favorite coin from the current prices.
Every picture has a green box, it marks the buying range which allows to buy it from the good price of a technical perspective. If the price falls lower than the lower line of the box then you should be cautious!
Hopefully, you find something:
LTC/USD
The picture above
EOS/USD
REEF/USD
XLM/USD
YFI/USD
OMG/USD
MKR/USD
ZIL/USD
NANO/USD
CELO/USD
If you found something, then you can easily leave a like to this post ;)
...and if you have any further questions then feel free to ask them in the comment section.
Stay healthy,
Vaido
MKRUSDT (4H CHART)MKRUSDT (4H CHART) Technical Analysis Update
MKR/USDT currently trading at $1.44
Buy-level: above $2650
Stop loss: below $2360
Target 1: $2935
Target 2: $3225
Target 3: 3515
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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