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MKRPERP trade ideas

MKRUSD LONG No Trend is external and the chart of our Subject matter today is one perfect example . After a bear market era crocobot says it's time for MKR bulls to take charge . But what is going to happen exactly in this trading advice ? 1 single shot bottom fishing program signal in blue is enough for us to wish for the best and to cut the story short tp and sl zones are given in the chart . Further updates will be posted regarding the other aspects of the proposed idea once the like kill rate exceed 20.
COINBASE:MKRUSDLong
by Crocobot
1
#MKR Inverse Head and Shoulders. Target = $975#DEFI protocol looks to be triggering right now! Weekend #Crypto PUMP? #Bitcoin still poses risks to holders and we are still not out of the woods, a mini run to $20500 seems likely but we must at some point hold on to the key psychological level of 20k and start making firm progress as these high@s getting lower on the medium time frame is pushing us into a decision point Apex. Will crypto finally decouple in these rapidly changing macro environment. We know the end of the crypto bear is close , but also we need to take advantage of opportunities that prevent itself.
COINBASE:MKRUSDLong
by BallaJi
Crucial support for Makerdao!This support is crucial for Makerdao to continue the uptrent. This 750$ price goes whole the way back to 2018, it did not hold it there & leadet to a multi year bearmarket. If it breaks this year below 700$ another multi year bearmarket is guaranteed. They anyway nailed Makerdao to the ground from 6k, no words to discribe how insane this is. Project like YFII are even higher valued, i mean this is Makerdao we are talking here about. In what world a shitcoin like YFII could be higher valued in 2022 then Makerdao?? Anyway, Makerdao complete hammered down from 6k to 700$ INSANE! We must keep support, if not the floor is the limit!
COINBASE:MKRUSD
by UnknownUnicorn27344900
7
DAI-FIDefi and cefi are future roles for crypto post reset Maker Dao- the algorithmic dai stablecoin and the Maker token represent probably the safest defi ecosystem Whilst a terra-luna repeat is not unfathomable- if you are looking for a defi bet this is probably it There are some rumblings regarding the usdc stablecoin and some links to maker Whilst i wouldn't want to be in USDC nor USDT for that matter- having hit the 50 and 61% retraces the longterm chart looks ok for a bear market bounce and on the daily we have bull div GRI 2022
COINBASE:MKRUSD
by Great_Reset_Investing
MKR or BRKRMKR is forming a possible bullish continuation pattern, and it has the most bullish DMAs in the entire market. If it can stay supported in this zone, there is a small chance in a fast continuation to the upside as demand piles in quickly. I give this about... a 5% chance of playing out, but it's worth looking at. If it breaks to the downside, targets are listed on the chart. Most likely scenario is breakdown to the lower targets and then up. If it breaks below the low targets, it's going to nosedive into the abyss very quickly. Let's see what happens.
COINBASE:MKRUSDLong
by swilton
Marker breaking out? I know that title might sound a bit weird considering what we have just seen on the crypto boards in the last several days, but take a look at MKRUSD traders. We have a lower break rejection with short-term support. After this point was reinforced yesterday, we saw a 10% rally to close out Thursday. Today’s picture continues to look good, with a dominant trend break off today’s 28% gain (at this point). If buyers can hold the majority of today’s gains and set up a new higher low after the next retrace, this could be the start of a new short-term trend higher. TradingView community, what are your thoughts?
EIGHTCAP:MKRUSDLong
by Eightcap
MKRUSD The striking similarities with Bitcoin's 2018 Cycle.This is a remarkable resemblance between Maker's (MKRUSD) price action since the May 2021 High with Bitcoin's (BTCUSD) Bear Cycle of 2018. I've mentioned numerous times that the crypto market's price action in the past +12 months can be viewed as a smooth (for crypto standards) Bear Cycle as a whole. As for Maker's 2021/22 price action we see that it shares striking characteristics with Bitcoin's 2018 Cycle: * The rebound after the initial crash that followed the Market Top, reached as high as the 0.618 Fibonacci retracement level. * After that, both Cycles started a gradual decline under a Lower Highs trend-line. * That eventually led to a capitulation sell-off , where Maker is at today and where Bitcoin formed its December 2018 bottom and then started to slowly recover into the new Bull Cycle. * That capitulation sell-off is similar in both cases (-58% for Maker and -52% for Bitcoin). * Bitcoin made the Cycle bottom on the -0.5 Fibonacci extension (measured from the initial crash's low). Maker's -0.5 Fib ext is around 935.00, not far from today's 1030 low. * Bitcoin's 2018 Bear Cycle from top to bottom lasted for exactly 1 year. Maker completes 372 days today from its May 2021 High. What do you make of all those striking similarities? Has Maker bottomed or is it about to and gradually start a new Bull Cycle? Why do you think it has copied so closely Bitcoin's 2018 Cycle after all? Let me know in the comments section below. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:MKRUSD
by TradingShot
4
Maker Breaking OutFor anyone who doesn't know, MKR is the OG DeFi and they're closing deals; most recently with Tesla. With that said, a STRONG trend line down has finally been broken with three green candles on the weekly and I believe there is going to be short term upside of 10-15% for anyone who is trying to trade this vs USD or against any similarly pegged stablecoin. If Crypto is going into a bull market again, which is not yet confirmed, this has 3x-5x potential before any bull run is over, and the downside is significantly less volatile than most other coins will likely exhibit. I think here, from a margin of safety/crypto analysis of safety perspective, I am happy to trade my USD for Maker with the intention of holding long term. The chart speaks for itself. I will sell 1/3 of my position if my price target hits and let my core position roll
COINBASE:MKRUSDLong
by IAmSpoli
ALERT \\ MKR as a metric for the aggregate crypto BEAR cycle!Here is a chart with my prediction of local bottoms and tops if we happen to be in a bear market over 2 years. I chose COINBASE:MKRUSD as my metric because its current price action resembles the empirical price data from the former bear trend. I'm not saying this prediction is certain, however this chart seems to be in a similar pattern. I have been successful in spotting COINBASE:BTCUSD bottoms and long-term "ghost patterns" in the last 2018 Bitcoin bear market.
COINBASE:MKRUSD
by BLOXTOPS