MKR will soon become bullishFrom where we put the red arrow on the chart, the MKR correction has started.
It is approaching the cheap ranges after the deep correction.
We also have a liquidity pool at the bottom of the chart. It is expected that the pool will be swept and the price will retrace upwards after hitting the deand range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
MKRBTC
#MKR/USDT#MKR
The price is moving in a downward channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 1.11
Entry price 1.19
First target 1.28
Second target 1.40
Third target 1.52
#MKR/USDT#MKR
The price is moving in a descending channel on the 12-hour frame and is sticking to it to a large extent and it has been broken upwards and is being tested again
We have a bounce from the lower limit of the channel at a price of 1.43
We have an upward trend on the RSI indicator which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.52
First target 1.74
Second target 1.95
Third target 2.22
Can $Maker (MKR) make it?Maker is a smart contract lending platform that enables users to take out loans by locking in collateral in exchange for Dai
Maker price today is $775 with a 24 hour trading volume of 69 million dollar! MKR price is up 15% in the last 24 hours
US CPI Inflation data will be coming up today 10th November at 7:00PM IST and it can effect the market too
MKR going to hit 830 and if bulls break that resistance 840,845 and 850 are next targets
MKR Looks BullishThe large MKR structure is bullish.
A trigger line has been broken and we also have a demand on the chart.
By maintaining this demand, it can move towards supply.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#MKR/USDT#MKR
Our price is moving downwards on a 4-hour frame and is about to break through to the upside in 3 stages
We have a bounce from the lower border of the channel from the green support area at the price of 2000
We have a tendency to stabilize above the Moving Average 100
We have an uptrend on the RSI indicator that is heading up
Entry price is 2350
The first target is 2790
Second goal 3127
Third goal 3525
MKR is still bearishFrom where we entered "start" on the chart, the price has entered the correction phase.
According to the data we have on the chart, this correction looks like a diametric diamond pattern.
A supply resistance range is formed on the chart, and if the price reaches this range, we expect the price to reject downwards.
We expect that the last wave of this pattern will be completed on the green range and then the price will be pumped upwards.
Closing a candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MKR has broken a major resistance zoneMKR has broken a major resistance zone
🔵Entry Zone 2266 - 2351
🔴SL 2068
🟢TP1 2504
🟢TP2 2807
🟢TP3 3122
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MKR wit btc pair 360 % profithello dear traders
ready for bull run ?
maker dao breakout downtrend channel and now in bulish pattern
About Maker
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.
good luck
MKR ANALYSISMKR has been on a strong upward trend for some time now.
A bearish CH can be seen on the chart and we also have an order block resistance zone.
We are expected to move down to the specified targets.
I specified the invalidation level, closing a 4-hour candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MKR ANALYSIS (4H TF)After the downward ch on the chart, it is pulling back towards the order block to collect orders. We are looking for sell/short positions in the red box
I have specified the targets on the chart. When we reach the first target, save some profit and then change the stop to entry
I also specified the invalidation level, closing 1 daily candle above this level will violate the analysis
Comment if you have any questions
Thank You
MKR IS VERY BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the MKR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Maker (MKR) formed bullish Cypher for upto 16.50% moveHi dear members, hope you are well and welcome to the new trade setup of Maker (MKR)
Previously we caught almost 29% pump of MKR as below:
Now on a daily time frame, MKR with Bitcoin pair has formed a bullish Cypher move for another price reversal.
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.
MKRUSDT pump soonMKRUSDT looks like it's ready to breakout very very soon.
MKR has maintained the bullish higher low structure.
If it retests the top of the range, it would be 61 % PUMP from the current levels where it's now.
Market is bullish and altcoins are catching strong momentum.
Take profit levels / targets are shown on the chart.
good luck
MKR/BTC on the road to 0.01Look at this chart, MKR vs BTC got wasted! I really hope it goes to 0.01 or lower. It would favor a lot's of people...
Maker (MKR) forming bullish Shark for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Maker (MKR) with US Dollar pair.
Previously we caught more than 29% pump of MKR as below:
Now on a 4-hr time frame, MKR is about to complete a bullish Shark move for another price reversal.
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/#BTC [#Maker]: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $MKR / $BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.04643 | 0.05059 | 0.06174, and the major support zones can be found at 0.03528 | 0.02829 | 0.01714. Consider entering at the current price zone of 0.03384 and targeting higher levels.
◰◲ General info :
▣ Name: Maker
▣ Rank: 58
▣ Exhanges: Binance, Kucoin, Poloniex, Huobipro
▣ Category/Sector: Financial - Lending
▣ Overview: Maker is a peer-to-contract lending platform enabling over-collateralized loans by locking Ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. Dai's stability is achieved through a dynamic system of collateralized debt positions, autonomous feedback mechanisms and incentives for external actors. Once generated, Dai can be freely sent to others, used as payments for goods and services, or held as long term savings.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.03384 ₿
▣ 24HVol: 33.667 ₿
▣ 24H Chng: 1.774%
▣ 7-Days Chng: -26.47%
▣ 1-Month Chng: -2.17%
▣ 3-Months Chng: 18.41%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.04643 | 0.05059 | 0.06174
◢ Support: 0.03528 | 0.02829 | 0.01714
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: 1.65
▣ Last 90D: 1.69
▣ Last 1-Y: -0.29
▣ Last 3-Y: 0.70
◲◰ Volatility :
▣ Last 30D: 1.09
▣ Last 90D: 0.87
▣ Last 1-Y: 1.00
▣ Last 3-Y: 1.30
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.42 - Bearish
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.57 - Bullish
▣ In-depth MKRBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Maker (MKR) forming bullish Shark for upto 32% pumpHi dear friends, hope you are well and welcome to the new trade setup of Maker ( MKR ).
Previously we caught more than 34% pump of MKR as below:
Now on a daily time frame, MKR with BTC pair is completing the final leg of a bullish Shark move.
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