It's that simple!Based on the trend Makerdao is preparing to retest it's five year support. Target 500$ - bonus 450$*.
MKRPERP trade ideas
Makerdao on the road to 450$Makerdao is obvious on the road to a lower level. 450$ will be the target to consider buying, glad I've dumped that coin at 900$...
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
Hey algo...i mean maker shaker money makeridentical wave count as algo that i posted a few days ago, ...things that make you shake yo money maker..
get that money maker shaker
NFA
DYOR
you know the rest..
6 Years and zero % market growth...Let's say Makerdao disapoints me a little. After 6 years the market cap didn't growth at all, bouncing the 2018 levels like for ever.
Each person that owned some MKR during the last bullrun took an instant exit., Like most people knew that market wasn't going anywhere. I mean look at this sh*t...
I have coins released last year and doing a 1000 times better already then makerdao in 6 years time........
Let's not deny it, Makerdao has some problems. It's concerning. This chart levels in the fastest growing industry in the world doens't match a bit!
The projects with strong fundations are easy to pick out today, every project in plus with +500%, +1000% sinds the crash are the strongest. If you compaire those against something like this, a lot if things starts to make more sense that for sure...
I really wonder what kind of people are involved in that makerdao protocol.
Manipulating basterds!
MKRUSDMKRUSD has been in a downward trend for some time now. I am expecting a further move downward. At the present position, a resistance is found.
MKRUSD - BEARISH RECTANGLE 4H TFMKRUSD forming bearish rectangle and it's moving sideways after bearish move.
MKR short term We can get an entry at $650
TP 1 - 720
TP 2 - 780
TP 3 - 900 (moon bag)
S/L - 620
Risking $30 to make 70/130/250 per
This is all pending on if Bitcoin behaves.
MKR 1 HOUR CHARTA bearish tripple top chart pattern found on MKR chart. RSI is also going for oversold.
MKRUSD Golden Cross sending it to the ResistanceMaker is having a Golden Cross (1D) event. The first since August 24th 2021.
The pattern is a Channel Up.
Trading Plan:
1. Buy on the current market price and as long as the MA50 (1D) is supporting.
Targets:
1. 1140 (beneath Resistance 1).
2. 1650 (beneath Resistance 2) as long as we get a pull back to MA100 (1D).
Tips:
1. The RSI is holding over the 50.00 neutral level. Short term buy entries can be taken there. Long term though (as for example for Target 2) on the 30.00 oversold level.
Please like, follow and comment!!
Longer term $MKR patternGOOD MORNING!
Let's GO!
$MKR looked like it was breaking down BUT
Today #MKR pumping higher and volume looks good
Has struggled @ weekly 20EMA GREEN since breaking down 5/21
Interesting, could it be making a larger WEEKLY Inverse Head @ Shoulder?
#DEFI #Crypto
$BTC call = good, sold roughly 1/3 of portfolio, thread 1 of fewWhen $BTC & $ETH cool off what to buy???
1
Looking @ $MKR
4hr not showing much
1Hr shows the selling = HEAVY
5Min more details - NOT ready to step in again
#MKR #MAKER #defi
$MKR break out, $FARM not far, $CEEK gettin ready, $MLN soonCopy paste from all this morning
Pls see profile for more info
$MKR breaking out atm
Volume is weak though
#MAKER has done this many times over last few weeks
If not today it should do it soon
$FARM following
(few minutes ago - Volume coming in for $MKR)
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$MLN #enzyme
Has been slowly creeping up
Look @ buy volume, very good
#MKR has treated us well over the last couple years
#defi #Crypto
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$CEEK broke out of the 11 range but has not pumped
Was shocked at the move but had suspicion it wasn't ready, was right (post from a while ago)
Buy volume coming in = good
As you can see, all sorts of RESISTANCE in the 13 area
WHEN this breaks it'll fly
#p2e #crypto #metaverse
$MKR * $FARM following $JSMY $DERC & others with patternRepost from elsewhere
$MKR tried an inverse head & shoulder pattern last year but failed, miserably
It's attempting it again & this time it looks a bit better
Ditto for $FARM
#DEFI #crypto analysis
MKRUSD - Consolidation or Downward Move?After around 6 months of hugely profitable trading with MKR we've received a Short signal from Crypto Tipster v2 - looking at the chart there's 2 possibilities from here.
Either we're actually looking at a period of consolidation whereby the price isn'y going to do all that much within the current range until it reaches the end of this wedge in a couple of weeks; or we're going to experience a drop into the trading area below this wedge.
Given how profitable Crypto Tipster v2 has been with MKR recently we're inclined to go for it, 10% on the Short should be acheivable, 20% is also not unlikely!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
$MKR $ETC $PYR $ENJ sold off bit, $FARM $LINK lagging, $DG SLOWLook for #crypto that have run, sold off & basing
Possible #Cryptos
$MKR
$ETC
$PYR
$ENJ
Slow movers
$FARM
$LINK
Hasn't moved
$DG
$MKR is respecting my prediction from last year. Watch closely, we are at the bottom of a massive channel. COINBASE:MKRUSD is FOLLOWING MY FORECAST TO A T. This is a LOG chart of maker.
Big double bottom formation in progress. The second bottom has just formed signaling a bullish trend change. Also the moving averages are about to cross forming a bullish golden cross for the first time since the crash. Both of these happening at the same exact time can be further confirmation of a successful bullish trend change Maker is already up about 20% on the week with strong momentum, volume, and relative strength.
Whale 🐋 activity has taken a larger interest with a spike in volume suggesting a bottom from whales buying the dip. The last time Maker hit this same low it was at just a week ago it was previously able to regain a price of about $1,000 very quickly within the next about 30 days. I think owning Maker at these prices is equivalent to the type of gains you would get owning Ethereum as it regains its previous highs, although Maker is only a quarter of the price of 1 Ethereum currently while they used to be fairly similar. Normally I'd see this as a red flag but whales have not lost interest or its strong community. As well as its purpose towards the overal crypto world stands strong with actual everyday high value. It seems as if Maker is one of the coins here to stay especially with the collapse of Terra Luna.
#MKR #BTC #ETH
Maker on the RadarMaker made it onto my radar by completing the C&H with a successful neckline test. Now it looks like it may be eyeing the next LV mitigation at 1.618%. I've seen these patterns go up sharply from here. Nothing is 100% though, so be prepared to invalidate if the PA falls back beneath the automatic rally point of the range (TRS).
*Be sure to subscribe for more easy-to-follow charts with win ratios averaging between 80-85% in hitting the profit zones. I've been trading crypto fulltime since 2017 and handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts & see the win rates for yourself, then come join us!
**Not financial advice. Always DYOR and trade at your own risk.
MKR - RECTANGLE BOTTOMSWe are facing MKR designing the pattern called RECTANGLE BOTTOMS where the price after fall, stay in sideway (into a rectangle) for period of time before broke it in a upward movement. If you want more security in trade, you can wait the price touch the border inferior but it may not happens because the Stochastic is showing that the baseline's low is more UP now. You can see the same scenario for ADA, RSR, HEDERA.
Inverse Head and ShouldersPossible Inverse Head and Shoulders Bottom.
Long entry with a break of the neckline with an uptrend. Price tried to break the neckline today but did not hold on. The 2nd shoulder is higher than the first which is preferable to a vice versa situation.
Possible flag forming and it would be called a Bull Flag as the pole goes up verses down like a Bear Flag does.
You can measure distance from the head to the neckline, then project it upward from the neckline to get a ballpark guesstimate of where price may go, if the neckline is broken with an uptrend.
No recommendation.
