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MKRBTC trade ideas

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
Long
by mehdi_kb
$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. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
1
✳️ Maker Goes Bullish (133% Potential Mapped)MKRBTC In January 2023 hit its lowest level in two years, since January 2021 yet, it still trades within a higher low. This is a long-term higher low and already a thing of the past as currently this pair is moving weekly above EMA50, a major bullish development. After years of consolidation in the form of a giant bull-flag, a bullish breakout is happening now. Notice that even though MKRBTC has grown by more than 60% in the past month, the trading volume is almost non-existent, very low. This means that there are no sellers around, the bears are gone. When volume comes in, it will produce a massive explosion of growth. Just as you see back in September/October 2020, a massive crash, the reverse is set to happen, sudden, fast and strong growth. It is a simple law of the Universe. Everything goes in cycles. - Contraction, Expansion. - Death, Life. - Dark, Light. - Down then Up! The chart looks good. As Bitcoin is also set to grow, long-term, we will experience exponential value growth on the BTC pairs. This is one of those pairs. Imagine a pair grows by 500%, we've seen many of those. 1 BTC turns to 5 BTC. 0.10 BTC turns to 0.50 BTC... And Bitcoin doubles in a year or triples in 1.5 years... Do the maths... The long-term potential is so much higher, even now we have some pairs that have grown 1,850%, 2,000% and more. This is crazy market but it is the same all across. Crazy = Amazing. Thanks a lot for your support. Namaste.
Long
by MasterAnanda
3
Maker (MKR) - Bullish divergenceContinuing along the theme that the best opportunities are found in alt-tokens… On the above 2-day chart price action has corrected 70% since May 2021. A number of reasons now exist to be bullish , including: 1) The ‘incredible buy’ signal. 2) Regular bullish divergence . Multiple oscillators are printing divergence over an extended period. 3) Price action on the weekly is not only printing on strong support but is printing a massive Dragonfly DOJI candle on the 10-day chart (below). This is huge. 4) This token is on the ‘what if’ list. Is it possible price action falls further? For sure. Is it probable? Very very unlikely. Good luck! Ww PS: I’m not trading this so please ask below for updates. Type: trade Risk: <=6% of portfolio Timeframe: 3 to 9 months Return: don’t know weekly chart 10-day chart, Dragonfly DOJI
Long
by without_worries
3
Maker Will Grow vs Bitcoin, Here Is Why!This chart is very interesting because of so many signals to look at... This is MKRBTC (Maker) with 3 days (3D) candles. Let's get straight to it! Maker vs Bitcoin (MKRBTC) Bullish Chart Signals We have the "w pattern" in blue. Signals a low/bottom. (After a low/bottom prices grow). We have a low 12-May followed by a lower low 13-June. (The "same pattern", this can lead to a strong bullish breakout). Very strong 3D reversal candle 12-June. Currently trading above EMA50. Very strong value on the RSI indicator. That's all... These are all bullish signals. The targets are on the chart. Namaste.
Long
by MasterAnanda
1
🟡MKR/BTC: It's Going to Be BullishHello every one MKR/BTC MKR/BTC was in an Ascending Triangle. The Price has already Done a Break out & we are Expecting it To Increase The Price as Much as The Measured Price Movement (AB=CD) There Should Be a Reaction From The Resistance (Red line) when The Price Touches It. a Pullback Is Expected Before Ascending Further. ⚪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. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
10
MKRBTC Technical Analysis⏳ Spot 💎 MKRBTC has formed a symmetrical triangle and after breaking above the resistance the price ranged. It might go lower for a pullback then continues the Bullish move 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry/Pullback now or from 0.05024 to 0.04525 ☕️ TP1 0.05450 🍺 TP2 0.06339 🍻 TP3 0.07401 🍾 TP4 0.08480 🍷 TP5 0.09500 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 0.04525 to 0.04072 Good Luck 🎲 Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals