#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
MKRBUSD
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
What is next for MKR?Maker seems forming Bull Flag to test 700 BUSD in near future. Bulls needs to wait Breakout as always but most, against unpredictable BTC.
MKR for 1H Time FrameMKR continues for ATL -or may below- and would not recover before BTC turns bullish . As per my own predictions about BTC , the present trend of MKR would not break before BTC touches 10K. Therefore my best expectation for MKR is to bounce back -but not breakout its trend- not before testing around 480.
MKRBUSD Long PotentialMKRUSDT/BUSD currently entering an accumulating zone,
Very positive R:R with targets at 0.618 (TP#1) and 0.786 (TP#2)
Tight invalidation with further potential below
MKRUSDT, Supported in the exact areaHello guys
Whats up ?
Do you know what is it DAO ? Do you know anything about MakerDao ?
MKR is one of the most powerful project, powerful guys its future ...
If you want to learn fundamental & technical analysis send us messages ---> Our id is in profile
According to the chart and previous analysis, we expect the price can drop and support in our support zone area colorful box, and until now the trend of the market is downward but if it can break the key point level the trend can change to upward.
Everything is shown on chart and there is no need to explain more .
Good Luck Guys
Abtin
Previous analysis :
MKRUSDT, Its time to buy one stepHello everybody
Maker is one the most powerful project that is working on crypto and DAO base
According to the chart you can see , after the price broke the trendline with the breakwave the price need to have correction and we shwon on chart the 2 important support zone area .
The price impacted to the first support zone area and we expect the price to move upwards and re-test again the top of the breakwave and ...
And we have key point level, until the key point is not break down and consolidation below the key point the potential to move upwards we have and expect it.
Good Luck
Abtin
MKRUSDT, Its time to buy one stepHello everybody
Maker is one the most powerful project that is working on crypto and DAO base
According to the chart you can see , after the price broke the trendline with the breakwave the price need to have correction and we shwon on chart the 2 important support zone area .
The price impacted to the first support zone area and we expect the price to move upwards and re-test again the top of the breakwave and ...
And we have key point level, until the key point is not break down and consolidation below the key point the potential to move upwards we have and expect it.
Good Luck
Abtin
MAKER on da move!MAKER seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 5100 and even higher. Let's MAKE it! ⛽↗️
ENTRY : local high @ 2846
SL : local low @ 2506
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @5100
RRR : 6
INVALIDATION : when SL level hit
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