MKR - was opening of DEFI season ) Buyer's area from where there was a 1000% increase last year
Someone is neatly absorbing all the sales and not letting them get near the $600 level
Price a clamping down in a flat bottom triangle.
if price made A break down move i will open a short. A breakup of the blue trend line i will open a long position. Tomorrow's daily will decide what a position I need opening.
If you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your
your friends.
MKR
MKRUSDT is a trend reversal coming?Hello everyone, I invite you to review the MKR chart against USDT on a one-day interval. Let's start with determining the direction of the movement and here we have a downtrend channel, what's more, we can mark with the yellow line the local downtrend line under which the price is currently located.
Now we will check the situation with support, which we can take into account when the price starts to fall more strongly and as you can see, we have the first support around $ 587, but if the price goes down from this support, we have the next support only at the price of $ 432.
Looking the other way, we can also check the places of resistance when the ADA price starts to rise and here we have the first resistance at $754, the second resistance at $840, the third at $911 and the fourth at $979.
It is worth noting that we had two lows, the second of which was lower than the first, and similarly, we have two highs where the second is lower than the first, but the current low, if not deepened, will be a higher low than the previous one, which could indicate a change in trend.
Looking at the lows and highs, we can expect a trend reversal to this, the CHOP index indicates that we are collecting more and more energy, and the MACD indicator also indicates that the downward trend, lasting over a month, turns into an upward trend.
MKR - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for MKR.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
MKRUSDT 4HMKRUSDT 4H is trying to break above the EMA50 at the moment, has already broken the LTB that forms the upper edge of the triangular wedge and is now trying to penetrate into the cloud. this level we are facing at 668 will be an important resistance range.
Despite the RSI indicating overbought, we expect buyers to remain in control to confirm this breakout.
Supports and Resistances:
Brackets: 653 / 614
Resistances: 668 / 688
mkrusdt long👌mkr Usdt
🌹Smart capital management
Leverage 3
✅short term
🔵amount : 0.01
🔵min balance : 1000$
🔵up:997
🔵down :846
🔵Order difference : 0.05%
🔵Order sell: 0.2%
🔵tp:20$
✅mid term
🔴amount : 0.1
🔴min balance : 1000$
🔴up:1328
🔴down :707
🔴Order difference : 0.2%
🔴Order sell: 0.5%
🔴tp:150$
✅long term
🟢amount : 0.5
🟢min balance : 1000$
🟢up:1943
🟢down :580
🟢Order difference : 1%
🟢Order sell: 1.5%
🟢tp:1000$
❗Open only with bot scm
MKR USDT LONG SWING | MKRUSDT | LONG @ 860 - 900 | TP @ 910, 920, 930, 940, 950 | SL @ 760 | PATTERN = MORNING STAR | FTX |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:MKRUSDT BINANCE:MKRUSDTPERP BINANCE:MKRUSD COINBASE:MKRUSD FTX:MKRUSD FTX:MKRPERP KUCOIN:MKRUSDT BITSTAMP:MKRUSD
MKR/USDT : on buying areaMKR Mid-term (daily chart basis) 1 to 6 weeks
Scenario : We expect a tentative of bullish exit from the current bearish trend as long as MKR remains 800 and 1020 in setback. An intermediate resistance area at 1470/1740 is acting as taking profit level on the short-term while 3580 is the standard target for the coming weeks/months
Key Elements:
The long-term trend analysis show potential towards 3580 as long as 430 strategic support remains valid
The mid-term element as Mobile average and RSI are confirmed bullish signal
MKR is outperforming ETH & BTC on a mid-term basis which allow us to keep this coin in portfolio
Trade Idea : Buy
Target 2 : 3580 (+266% from 1120)
Target 1 : 1730 (+80% from 1120)
Entry area 980 (in setback)
Stop 800 (Daily close)
MKR reaching resistanceHello, dear traders, if you like it, please like and follow me
The price has returned to its own static resistance, there are two scenarios, it is possible to break this limit strongly, and if it gives a pullback, it can rise to a higher static resistance.
Or again from this range, it is suitable for a sell position in pullback .
Stay tuned for updates .
LONG MKR/USDTin the market, on OCT 17, 2022. we study today's market trend on #MKR/usdt. in our analysis we look at how the price of MKR/usdt is moving and use technical indicators to predict its direction for the next moove and gaining an edge over those who do not follow this trend.
BUY MKR/USDT
ENTRY : 965$ - 945$
TP1 : 1170$
TP2 : 1297$
SL : 781$
IS NOT FINANCIAL ADVICE
Maker (MKR) formed bullish Gartley for upto 17% moveHi dear friends, hope you are well and welcome to the new trade setup of Maker ( MKR ) with US Dollar pair.
Previously I shared a long term trade-setup for MKR , which is still in play:
Now on a daily time frame, MKR has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
MKR : THE CYCLE COIN MKR is one of the cycle coins that did try to increase before with a trend pump above the 1150 : after that we had a small recovery trend.
Main view for MKR looks still positive.
We will follow coming time MKR and we will see or MKR can increase over the before high target.
if MKR going depending on cycle plan it can have a high target soon.
MKR are now on important support zone : where the possibility is that MKR will show on coming time frame a breakout trend.
Mkr bullish pennant A simple bullish pennant. Pennants and flags are so frequent in crypto and often are meaningless, but with market sentiment seemingly positive and interest in MKR picking up, I think this one deserves some attention. Hopefully Bitcoin holds above 20k or doesn't dip to far below because that would probably invalidate this