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MKRPERP trade ideas

MKRUSD Buy confirmation above the 1W MA100.Maker (MKRUSD) broke and closed the 1D candle above the 1D MA50 (blue trend-line) for the first time in ten days, after rebounding on the Higher Lows trend-line. Along with the 1D MACD Bullish Cross, this is an initial buy signal that will get confirmed after the price closes a 1D candle above the 1W MA100 (red trend-line), which caused a rejection on August 02. When this happens, we will take the bullish break-out signal and target 1600 (+62% rise as the previous two rebound legs). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:MKRUSDLong
by TradingShot
5
✴️ Maker Hits Highest Price Since October 2022I am always surprised by these super expensive Altcoins and how they can grow and grow regardless of their super high price... Tells you how strong the market is. Here Maker has gone above the limits on the RSI and the MACD is now strongly bullish but allowing more. This bullish wave can continue with rest periods of 3-5 days followed by additional growth. We can see long lower wicks in mid-June followed by amazing bullish action and the highest price since October 2022, testifying to the strength of the market. While some people are still bearish on Cryptocurrency, it is obvious that 70%+ of the market bottomed May/June 2022, 20% bottomed Nov./Dec. 2022 with the remaining 10% of the more volatile projects hitting bottom this year. This tells us that based on 90% of charts/pairs/projects the bear market ended last year. Some people are still waiting for $15K while Bitcoin is now trading at $30K... Think about that one for a minute... In the meantime, we are bullish 100%. See you on the winning side. Namaste.
CRYPTO:MKRUSDLong
by MasterAnanda
6
MAKERDAO MKR : Are you ready for the dump?Let's talk a little about #MAKERDAO and #MKR token. Did you know that this protocol works exactly like #Terra #Luna? Abstract from WhitePaper "If the Collateral Auction does not raise enough Dai to cover the Vault’s outstanding obligation, the deficit is converted into Protocol debt. Protocol debt is covered by the Dai in the Maker Buffer. If there is not enough Dai in the Buffer, the Protocol triggers a Debt Auction. During a Debt Auction, MKR is minted by the system (increasing the amount of MKR in circulation), and then sold to bidders for Dai." Now it's funny to see that it's exposed totally to stETH and wETH. And you know what? Where is your Staked BINANCE:ETHUSD ? Actually, the majority is on Lido, and Lido has a plan: blow another one exactly as happened with Terra / Luna. Has anyone ever seen a proof of reserve for all the Ethereum that has been staked on Lido, Aave, or MakerDao? LIDO STAKING TOTAL VALUE LOCKED ON MAKER Can you see? MakerDAO started losing total locked value slowly, but Lido keeps it up 'till the end. And now it's happening again... Funny Fact... MKR token pumped hard 3 days after the big crash. And it didn't lose too much value during the crash. And now this... So, beware. Someone is going to trigger MakerDao. When triggered, the protocol will enter a messy algo MKR issue to keep the DAI collateral and... you know. Terra Luna was fun... If timed right, MKR could be your next Lambo. ENJOYED? Feel free to share this idea on Twitter. Disclaimer: This information is not financial advice. It is for informational purposes only. Trading and investing involve risks, and individuals should conduct thorough research and seek advice from a qualified financial professional before making any financial decisions. The use of hashtags for indices does not imply endorsement or recommendation. Always exercise caution and use your best judgment when dealing with the financial markets.
COINBASE:MKRUSDShort
by STABLECOINS_GURU
6
MKRUSD under heavy Resistance. Bearish below it, bullish above.Maker (MKRUSD) has had an incredible bullish run since June 12, being currently on the 6th straight green 1W (weekly) candle. This rally has taken a stop on the 1W MA200 (orange trend-line) two weeks ago but more importantly it faces an even stronger Resistance from the October 03 2022 High at 1165. This is taken from the previous Cycle and the early 2019 fractal where after MKR again broke above the Bear Cycle's Lower Highs trend-line and the 1W MA50 (blue trend-line), it failed to close above the October 08 2018 Resistance and turned into a wide and long-term Accumulation Phase for 1 year. As a result, we currently believe that until the price closes a 1W candle above the Resistance, it will most likely pull-back to the 1W MA50. If however it closes above the Resistance, this fractal will get invalidated and we will buy the bullish break-out towards Resistance 2 at 2300. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:MKRUSD
by TradingShot
MKRUSD giving very clear breakout signalsMKRUSD is approaching the MA200 (1w) which is untouched since October 17th 2022. The price has already closed over the MA50 (1w) last week for the first time since March 28th 2022, giving a clear long term buy signal. A closing above the MA200 as well, is the next buy signal to take advantage of. Trading Plan: 1. Buy if the price crosses over the MA200 (1w). 2. Buy if it then closes over Resistance (1) as well. Targets: 1. 1160 (Resistance 1). 2. 1235 (Resistance 2). Tips: 1. The RSI (1w) is rising inside a Channel Up since October 2022, a sign of a market bottom and long term reversal into a Bull Market. Please like, follow and comment!!
CRYPTO:MKRUSD
by TradingBrokersView
1
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
COINBASE:MKRUSDLong
by CryptoPsych007
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!
COINBASE:MKRUSD
by UnknownUnicorn27344900
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!!
CRYPTO:MKRUSDLong
by TradingBrokersView
4