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MKRPERP trade ideas

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! :)
KRAKEN:MKRUSD
by theCrypster
2
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
COINBASE:MKRUSDLong
by Sawyer170
1
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.
COINBASE:MKRUSDLong
by jalapablo
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.
COINBASE:MKRUSD
by lauralea
Makerdao trent analysisWatching the trent from Makerdao indicates me the bodem is in. It's time for this coin to move on if it want to remain bullisch on the long term. The target for next few years will depent on the preformance, based on what i see now the higher high's will be made around the 10k next years. If not this will become a very expensive bearish coin in my opinion. It's not a mintable coin, so i expect atleast some preformance from makerdao in return. (My opinion). Time will prove the truth...
COINBASE:MKRUSD
by UnknownUnicorn27344900
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