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MKR

MKR DAO (DEFI)Greetings, MKR (Maker) coin, the price of the tool in the lateral movement, having shaped the horizontal channel external and internal, width external 70% and internal 25%. Also, the price broke the channel down several times and was fixed lower, but then it was bought back and the price was returned to the channel. The instrument is available for trading on spot and is available for trading in derivatives in a short on the huobi exchange. Options for working with the instrument: 1. From external channel boundaries (risk) 2. From the borders of the internal channel (more secure) 3. When the price goes out and is fixed above or below a channel, in a short or long one. At present, the price is within the boundary of the internal channel. A break-up of the triangle up or down, potential movement by the width of the triangle base. But for me personally, the most interesting is the deal from the borders of the external channel and when you go beyond its borders. Always use stop loss, and do not use the leverage more than x3. A trader should always have tomorrow. If the information turned out to be useful to you, put up a liking and sign up so you don't miss anything.
BITFINEX:MKRUSD
by Kirill_Gaitan
$MKR MakerDAO LONG TARGETSMakerDAO (MKR) is in a bullish swing and this is proved true by the higher highs formed on the chart. MKR is on its way to close out the top of this valley it formed in late August. On this 4h chart we can see MKR trying to regain access inside this wedge as well as the $580 support level. If MKR continues going upwards and finds these levels of support, the LONG Targets are as follows TP1 🎯 $599 TP2 🎯 $628 TP3 🎯 $718 (Close out the Top of the Valley) MKR Community Greenlight Polls The MakerDAO governance facilitators have placed a governance poll into the voting system which asks whether the following assets should be prioritized for inclusion in the Maker Protocol by the domain teams. If greenlight votes exceed defer votes, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding assets as collateral to the Maker Protocol UNI-V2-USDT-ETH (Uniswap USDT-WETH Liquidty Tokens) aUSDC (Aave USDC) CRO (Crypto.com Coin) UNI-V2-WBTC-ETH (Uniswap WBTC-WETH Liquidty Tokens) UNI (Uniswap) cUSDC (Compound USDC cToken) OST-1 (UPRETS Oosten Fund I LP) yUSD (yyCRV) KF-DROP (Kickfurther DROP) OMG (OMG Network) CRV (Curve DAO Token) Monthly MIP's Governance Poll The Governance Facilitators have placed the MIP3: Monthly Governance Poll into the voting system. This poll asks whether the bundled contents of this month's Governance Cycle should proceed to an Executive Vote to be held on October 26th, 2020. In saying all of this, there are obviously intrinsic factors to holding the Maker Protocol, because you get a certain amount of voting power just like a democracy. As always please do your own research, I am not a financial advisor.
Long
by kyer
2
MKRUSDT AnalysisPeople who bought MKR on the last week of September, enjoy your 20% PROFIT that you made in 2 weeks! As of now, since there are no sell signals, you don't need to sell it. But, the candle is on the resistance level at the moment, so if you'd like to take some profit, you can sell. If you haven't bought MKR yet, and if you want to buy, there are 3 BUY signals are present at the moment and risk-reward ratio is higher than 2, so you can buy right now. After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
by EngineeringRobo
5
Maker Price Prediction: MKR Poised For Breakdown To $500 Maker holds at ascending channel support after rejection at $600. MKR/USD could explore levels below $500 if the 50 SMA support caves in. Maker, a leading project in decentralized finance (DeFi) is showing signs of retreat. The bearish outlook comes after another rejection from $600. At the time of writing, Maker is exchanging hands at $535. It is also holding at the ascending parallel channel lower boundary. Bulls are very keen on holding onto this support because a retreat below this zone could open the Pandora box. The DeFi ecosystem has revolutionized finance in the blockchain industry. It possible for individuals to stake, take collateralized loans, and stake across multiple decentralized platforms. Maker has had a remarkable performance in the sector this year. The funds locked in the project have increased drastically from around $200 million in January to $1.8 billion. Over the last 24 hours, the value of funds locked has decreased by 6%. The retreat is not alarming for the project owing to the losses posted by other DeFi projects as per the data by DeFi Pulse. The Relative Strength Index (RSI) has retraced from the overbought area, highlighting the bearish grip. If the channel’s support caves, the next target is the 50 Simple Moving Average (SMA). It is essential that buyers hold above this SMA. Otherwise, the bearish party is likely to continue with losses likely to hit levels around $500. The 100 SMA in the 4-hour timeframe will absorb some of the selling pressure. IntoTheBlock’s IOMAP model reveals a lack of substantial resistance towards $600. The range with the most concentration of sellers lies between $538 and $553. Previously, 1,200 addressed bought 79,000 MKR. If this level is turned into support, MKR/USD could start the rally back to $600. On the flip side, robust support lies between $490 and $505. This means that Maker could still plunge to $500. Maker Intraday Levels Spot rate: $536 Percentage change: -6.8% Relative change: -40 Trend: Bearish Volatility: Low
COINBASE:MKRUSDShort
by CoinGape
2
Will DEFI Continue to Correct?DEFI has been a huge part of the crypto market as of late. So it is important to keep an eye on the index for this group. Today we will be looking at the DEFI ticker and see what we can find out. Let’s hop onto the chart! So since the market topped, we have watched the DEFI downtrend take place. There are some signs of a reversal here, but we need to see a higher low be put in on the price and the RSI to be sure of a reversal. Right now, we are seeing a failure on the trend line, but we could see the 61.8% retracement act as a support. If we fail here, we will likely go down to the 78.6% retracement and put in a lower low. This would likely create a second bullish divergence and we would feel comfortable taking a long position if this occurs. Overall, it looks like the trend will continue for now. Happy Trading!
FTX:DEFIPERP
by derzzycharts
MKR/USD LONG SET UP TO $1000 (HODL) MakerDAOTITLE/(DATE)-MKRUSD LONG (HODL) (9/24) ASSET-CRYPTO ORDER TYPE- LIMIT ORDER Time Frame-1D ENTRY PRICE 1- $480 (MARKET) ENTRY 2- $430 (PENDING) STOP LOSS- $350 TAKE PROFIT 1-$550 TAKE PROFIT 2- $650 TAKE PROFIT 3- $750 TAKE PROFIT 4-$850 TAKE PROFIT 5-$1000 BinanceUS will list MakerDao ( MKR ). Trading for MKR /USD and MKR /USDT trading pairs will open on Thursday, August 20 at 6am PST / 9am EST. BinanceUS users can now start depositing USD, USDT and MKR tokens to their wallets in preparation for trading to go live. Please note: MKR tokens are temporarily only available for deposits. Withdrawals will not be enabled until trading is live. To deposit and trade USD for MKR , you will need to pass fiat verification after completing basic and advanced verification. To deposit USD to your account before trading goes live, please set up any of the three USD payment methods available: via debit card, ACH , or wire payment. USD deposits have FDIC insurance coverage. We continue to build America’s home for digital asset trading and are pleased to welcome MKR trading for BinanceUS users. About BinanceUS BinanceUS is America's home to buy, trade, and earn digital assets including Bitcoin . We deliver the lowest fees to move USD into over 30 different cryptocurrencies instantly. We continue to evaluate new cryptocurrencies to list on BinanceUS that follow our Digital Asset Risk Assessment Framework, community feedback, and market demand. Our mission is to bring financial confidence and crypto literacy to more Americans every day. MakerDAO, Lightning Labs are in World Economic Forum's list of tech pioneers for 2020 Maker is an ERC20 token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to manage another Ethereum token, the DAI stablecoin, that seeks to trade on exchanges at a value of exactly US$1.00. One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase.Centrifuge has teamed with Paperchain and ConsolFreight to tokenize music streaming royalties and trade invoices, respectively. The vote, which concluded today, paves the way for these tokens to be used as collateral for minting Dai stablecoins. Paperchain and ConsolFreight’s tokens would be the first collateral type that isn’t crypto-native. Currently MakerDAO accepts ETH, Basic Attention Tokens, Wrapped Bitcoin and USDC as collateral for Dai loans. The new vote also signaled community support for 0x’s ZRX token, Decentraland’s MANA token, tBTC and Uniswap’s Dai Liquidity Token. Centrifuge and its partners will now get to work figuring which oracles to use, developing risk models and reviewing smart contract security, Centrifuge CEO Lucas Vogelsang told The Block in an email. He estimated that these steps will take somewhere between a few weeks and a couple of months.Once that work is done, a second, binding vote will be held to determine whether to add the new code to the smart contract on the Ethereum blockchain.Starting today, Coinbase supports Maker ( MKR ) and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store MKR . MKR will be available in all Coinbase- supported regions, with the exception of New York State.A total of six blockchain startups have made it to the World Economic Forum’s (WEF’s) list of technology pioneers for 2020.WEF’s global innovators community and strategic intelligence ecosystem to help industry leaders with fresh perspectives. decentralized organization MakerDAO, bitcoin Lightning Network’s infrastructure developer Lightning Labs, blockchain analytics firms Elliptic, decentralized oracle network Chainlink, blockchain-based financial services firm Ripio, and blockchain-enabled environmental tech startup Veridium Labs. The WEF’s 2020 list includes a total of 100 firms from around the world that are pioneering new technologies and innovations, from artificial intelligence and machine learning to the internet of things ( IoT ) and robotics. The WEF has been recognizing a limited number of tech pioneers every year Who your early token holders are matters a lot In the mad rush to raise funds via an ICO in the past year, most projects completely ignored the importance of who the token holders are in the early days. Especially in the case of governance tokens that give token holders the right to vote on critical changes to a network on chain, as a founding team you want your token holders to be well-informed contributors rather than speculators looking to make a quick profit without contributing. Even if your token is not a governance token, sophisticated contributors are generally better community members than pure speculators; leading a community of speculators can be distracting at best and devastating at worst.MakerDAO, the organization behind the dollar-pegged stablecoin known as DAI, is in the process of voting on whether to further diversify the collateral it accepts for loans beyond cryptocurrency and tokens to include real-world assets (RWAs). Specifically, Maker would also allow supply chain invoices and musicians’ future royalty streams as security when it lends out DAI. These assets would be represented on the Ethereum blockchain by non-fungible tokens (NFTs), the innovation that spawned CryptoKitties. Small businesses and artists could take the borrowed DAI, which usually trades 1-for-1 with the U.S. dollar, to crypto exchanges like Coinbase and convert it to cash. If approved, the proposals would pave the way for the first application of DeFi to solving a tangible business problem outside the rarefied realm of crypto. The current crisis, like the 2008 financial meltdown, has seen big firms apply the brakes across supply chains, to the point where innovative ways of freeing up working capital for suppliers awaiting payment could be a lifesaver. “The average crypto user that bought bitcoin when it was a few hundred dollars and is using DeFi to trade and manage their wealth is a very different user from a business that is actually quite cash-strapped,” said Lucas Vogelsang, CEO of Centrifuge, a startup focused on bringing real world assets to DeFi. “These businesses are looking to DeFi as a way to get money quicker and get it on their own terms, without having to go to a bank,” said Vogelsang, whose firm has pilot-tested the financing of freight forward invoices with DeFi loans. “They don’t have crypto to get their DAI loans, so they need to be able to use their invoices or their inventory.” Holders of MakerDAO’s governance token, MKR , are voting on the proposals. As of Thursday, 96% of votes cast favored inclusion of trade finance assets, with a similar proportion supporting the addition of music royalties. The polls close in about four days. The MakerDAO ( MKR ) community has locked in an auction to cover a multi-million dollar hole in DAI collateral after the sudden Ethereum (ETH) price crash on March 12. Scheduled for 10:28 AM EST on March 19, the system will auction newly minted MKR in exchange for DAI. The low supply of 1,005,577 MKR which doesn't even factor in potentially lost funds could cause MKR to hit all time highs or break through them with all the volume
BITFINEX:MKRUSDLong
by MavRich_Trading
DAI Project Overview & Chart Analysis- Here we have good consolidation, good volume coming in and prices moving above EMA10 (green line on the chart). - The "moving above EMA10" signal is only confirmed when the weekly candle closes, which is after Sunday. If prices move and close below EMA10 weekly you can disregard this signal as it is invalidated. When the signal is yet to be confirmed, we call it an "early signal". This is one of those. - We also have a Falling Wedge pattern. Both trendlines, candle close and wick, are now being conquered. (The are bullish signals of course) -The RSI is strong above 44... Remember that we are looking at the weekly timeframe, above 30 is good here. When we look at the daily timeframe, we look for an RSI above 40 to consider it good and above 50 to consider it strong/bullish. -Finally, we have the MACD which is printing bullish cross coming out of the lows and the histogram just printed the first green bar... This can easily lead to higher prices: This one is a stablecoin so it is also good if you just want to park some money there... Same as with Paxos Standard. If the BTC pair goes low, you can always cash out your initial value through the USD pair. This is not financial advice. Remember to do your own research and build your own plan before you trade. Namaste.
Long
by AlanSantana
1
My Big Coin Picks for the future I just wanted to drop a line about a few coin picks that I really believe that will explode positive in less than a year. Of Course everyone knows that BTC and ETH are going to survive. But there are other coins that are going to just keep growing also. Examples are XOR, XMR, MKR and Band. ( Personal Investments ). They are great for the bullish trading. However, for when the Bears runs, make sure that you have some token sets. My Biggest point in all of this, is that everyone needs to make sure that they are all set up by November. After November, By the end of the year, I believe that many world governments are going to start to collapse. Food supply everywhere is already getting destroyed, as well as many other things. Also Invest in Metals, like gold and silver. . . . . Prepare yourselves, my fellow coin friends. LLA
COINBASE:ETHUSD
by netuserlla
1
MKR/USD LONG (HODL) BinanceUS list Maker (MKR)BinanceUS will list MakerDao (MKR). Trading for MKR/USD and MKR/USDT trading pairs will open on Thursday, August 20 at 6am PST / 9am EST. BinanceUS users can now start depositing USD, USDT and MKR tokens to their wallets in preparation for trading to go live. Please note: MKR tokens are temporarily only available for deposits. Withdrawals will not be enabled until trading is live. To deposit and trade USD for MKR, you will need to pass fiat verification after completing basic and advanced verification. To deposit USD to your account before trading goes live, please set up any of the three USD payment methods available: via debit card, ACH, or wire payment. USD deposits have FDIC insurance coverage. We continue to build America’s home for digital asset trading and are pleased to welcome MKR trading for BinanceUS users. About BinanceUS BinanceUS is America's home to buy, trade, and earn digital assets including Bitcoin. We deliver the lowest fees to move USD into over 30 different cryptocurrencies instantly. We continue to evaluate new cryptocurrencies to list on BinanceUS that follow our Digital Asset Risk Assessment Framework, community feedback, and market demand. Our mission is to bring financial confidence and crypto literacy to more Americans every day. MakerDAO, Lightning Labs are in World Economic Forum's list of tech pioneers for 2020 Maker is an ERC20 token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to manage another Ethereum token, the DAI stablecoin, that seeks to trade on exchanges at a value of exactly US$1.00. One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase.Centrifuge has teamed with Paperchain and ConsolFreight to tokenize music streaming royalties and trade invoices, respectively. The vote, which concluded today, paves the way for these tokens to be used as collateral for minting Dai stablecoins. Paperchain and ConsolFreight’s tokens would be the first collateral type that isn’t crypto-native. Currently MakerDAO accepts ETH, Basic Attention Tokens, Wrapped Bitcoin and USDC as collateral for Dai loans. The new vote also signaled community support for 0x’s ZRX token, Decentraland’s MANA token, tBTC and Uniswap’s Dai Liquidity Token. Centrifuge and its partners will now get to work figuring which oracles to use, developing risk models and reviewing smart contract security, Centrifuge CEO Lucas Vogelsang told The Block in an email. He estimated that these steps will take somewhere between a few weeks and a couple of months.Once that work is done, a second, binding vote will be held to determine whether to add the new code to the smart contract on the Ethereum blockchain.Starting today, Coinbase supports Maker ( MKR ) and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store MKR . MKR will be available in all Coinbase- supported regions, with the exception of New York State.A total of six blockchain startups have made it to the World Economic Forum’s (WEF’s) list of technology pioneers for 2020.WEF’s global innovators community and strategic intelligence ecosystem to help industry leaders with fresh perspectives. decentralized organization MakerDAO, bitcoin Lightning Network’s infrastructure developer Lightning Labs, blockchain analytics firms Elliptic, decentralized oracle network Chainlink, blockchain-based financial services firm Ripio, and blockchain-enabled environmental tech startup Veridium Labs. The WEF’s 2020 list includes a total of 100 firms from around the world that are pioneering new technologies and innovations, from artificial intelligence and machine learning to the internet of things ( IoT ) and robotics. The WEF has been recognizing a limited number of tech pioneers every year Who your early token holders are matters a lot In the mad rush to raise funds via an ICO in the past year, most projects completely ignored the importance of who the token holders are in the early days. Especially in the case of governance tokens that give token holders the right to vote on critical changes to a network on chain, as a founding team you want your token holders to be well-informed contributors rather than speculators looking to make a quick profit without contributing. Even if your token is not a governance token, sophisticated contributors are generally better community members than pure speculators; leading a community of speculators can be distracting at best and devastating at worst.MakerDAO, the organization behind the dollar-pegged stablecoin known as DAI, is in the process of voting on whether to further diversify the collateral it accepts for loans beyond cryptocurrency and tokens to include real-world assets (RWAs). Specifically, Maker would also allow supply chain invoices and musicians’ future royalty streams as security when it lends out DAI. These assets would be represented on the Ethereum blockchain by non-fungible tokens (NFTs), the innovation that spawned CryptoKitties. Small businesses and artists could take the borrowed DAI, which usually trades 1-for-1 with the U.S. dollar, to crypto exchanges like Coinbase and convert it to cash. If approved, the proposals would pave the way for the first application of DeFi to solving a tangible business problem outside the rarefied realm of crypto. The current crisis, like the 2008 financial meltdown, has seen big firms apply the brakes across supply chains, to the point where innovative ways of freeing up working capital for suppliers awaiting payment could be a lifesaver. “The average crypto user that bought bitcoin when it was a few hundred dollars and is using DeFi to trade and manage their wealth is a very different user from a business that is actually quite cash-strapped,” said Lucas Vogelsang, CEO of Centrifuge, a startup focused on bringing real world assets to DeFi. “These businesses are looking to DeFi as a way to get money quicker and get it on their own terms, without having to go to a bank,” said Vogelsang, whose firm has pilot-tested the financing of freight forward invoices with DeFi loans. “They don’t have crypto to get their DAI loans, so they need to be able to use their invoices or their inventory.” BUY MKR /USD ENTRY $660.00 (market execution due to how volatile the pair is or pending order) ENTRY 2 $630.00 (Pending) SL $600.00 TP.1 $720.00 TP.2 $780.00 TP.3 $850.00 TP.4 $920.00 TP.5 $1000.00 Holders of MakerDAO’s governance token, MKR , are voting on the proposals. As of Thursday, 96% of votes cast favored inclusion of trade finance assets, with a similar proportion supporting the addition of music royalties. The polls close in about four days. The MakerDAO ( MKR ) community has locked in an auction to cover a multi-million dollar hole in DAI collateral after the sudden Ethereum (ETH) price crash on March 12. Scheduled for 10:28 AM EST on March 19, the system will auction newly minted MKR in exchange for DAI. The low supply of 1,005,577 MKR which doesn't even factor in potentially lost funds could cause MKR to hit all time highs or break through them with all the volume
Long
by MavRich_Trading
4