#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
Mkrusdidea
Major Breakout Alert: MKRUSDT Next Move Could Shock Traders!Yello Paradisers, are you ready for what’s next? #MKRUSDT has caught our attention with its recent movements, but what's about to happen could redefine your trading strategy.
💎#MKRUSDT has been in a notable downtrend for several days, forming a descending resistance with multiple taps. This resistance was recently broken, but we haven't seen a retest yet.
💎The pair has been creating lower lows and lower highs. However, it recently swept previous lows and formed a double bottom. This led to a market structure break, causing the price to surge.
💎A retracement to the previous resistance now acting as support is most probable, around the $2625-$2500 range, probability of forming a higher low. There's a bullish OB at $2281. If the current support doesn't hold, this level might come into play.
💎Minor resistance is spotted at $3131. If volume sustains, the price could target the major resistance zone between $3732-$3958.
💎A crucial support level at $1988 must hold. A candle close below this point would invalidate the uptrend and confirm a bearish scenario.
Stay focused, patient, and disciplined, Paradisers. This is the only way you can get inside the winner circle.
Stay vigilant and ready to adapt to these key levels, Paradisers. This market requires patience and disciplined trading strategies. Trade smart and stay ahead of the game!
MyCryptoParadise
iFeel the success🌴
MKRUSDT - Bullish Continuation - Trend Line SupportBINANCE:MKRUSDT has broken the lower highs in a bullish trend and turning previous resistance into support areas. After retracing, price found support at the long term trend line as well. Expecting the price to continue the bullish trend and continue moving up from the current price!
#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 Support channel upMKR perform a good bullish wave, and already at support level.
We can follow bullish wave from this point, and aim for 13% profit projection at $2224
Best stop level below support at 1849
Good luck,
Don't forget to support this analysis to get a quick notification if I found a new key level
MKR short idea hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Bitxer's Long Play: MKR/USDT - Ride the Upside Wave! 🌊💹📈 **Bitxer's Free Trading Signal Alert!** 🚨
**Symbol: MKR/USDT**
**Position: Long**
🎯 **Best Entry Point:** 1319 (Entry before also viable)
🚀 **Targets:**
1. 1319
2. 1342
3. 1363
4. 1376
5. 1406
⛔ **Stop Loss:** 1279
💼 **Trade Tips:**
- Utilize low leverage and keep wallet size conservative.
- Enjoy this free signal and service from Bitxer.
Happy trading, Bitxer! 🌐💹💰
MKRUSDT UPDATEThe situation with MKR is as follows:
After the market crash, this cryptocurrency had one of the best performances and quickly managed to recover itself. One of the most important support levels for MKR is the support trendline that I have marked on the chart with a green color. This support trendline had been lost for some time, but finally, after two attempts, we were able to regain it.
However, more importantly, it's the overall market situation that is not showing any interesting trend, so for me, it is important today candle closes above this support trendline, regardless of whether it is red or green. If this happens, the price of $685 could be a suitable entry point for buying, and my target would be the resistance trendline that you see on the chart marked in red, indicating a price of $800.
Keep in mind that there is no certainty in this market, and we are only trading based on the data we see on the chart and sometimes with the help of news. Therefore, the best approach is to enter a trade with confirmation.
In my opinion, the downtrend of this particular coin has been broken, and we can confirm it with the break of the structure. However, there is also a block order that I have indicated on the chart, which has acted as resistance twice and caused a price drop.
Please don't forget to like and comment, and if you haven't already, follow me. I examine the cryptocurrency market trend every day and share interesting ideas here for free.
Wishing everyone profit and success.
Long Maker at $721The crypto markets are warming up so I am back to trading. This summer will be epic with US govt messes, BRIC and who knows what else. It looks like the FED, Congress, IRS and Sam Bankman Fried are all the same! Out to get our money at all costs and they make the rules. Thats when I say "screw it" and just focus on the data.
Maker daily chart shows price action is above 100 and 200 day moving averages. The daily volume has been low since March 11 when we dropped below $600. This is accumulation. The chart looks like early bull market stuff but I am only in for a trade. Stock markets closed until Monday. I will be selling above $800 before then if my speculation is correct! : )
Long MKR $721
Target $800
Stop Loss $688
This isn't financial advise of any kind. I am putting this information out for educational purposes only. Good Luck
Maker (MKR) forming bullish Shark for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Maker (MKR) with US Dollar pair.
Previously we caught more than 29% pump of MKR as below:
Now on a 4-hr time frame, MKR is about to complete a bullish Shark move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
LONG MKR/USDTin the market, on OCT 17, 2022. we study today's market trend on #MKR/usdt. in our analysis we look at how the price of MKR/usdt is moving and use technical indicators to predict its direction for the next moove and gaining an edge over those who do not follow this trend.
BUY MKR/USDT
ENTRY : 965$ - 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
Maker (MKR) formed big bullish Gartley for upto 665% huge pumpHi dear friends, hope you are well and welcome to the new trade setup of Maker ( MKR ) token.
On a monthly time frame , the price line of MKR has formed 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