MAKER IdeaMAKER idea Double bottom will likely form at .618 retracement level Eve and Adam formation also present which is a good sign by BixleyPublished 226
MKRUSD Inverse head and shoulders setting upKeep an eye on this. If we break the neckline it can be an easy way to make 10% on your trade. Remember, wait until the breakout is confirmed to make your trades and set proper stoploss to protect yourself. I am not a professional and these thoughts are just my opinion.Longby Pro_Fit_Tak_erUpdated 0
MKRUSD Inverse Head & ShoulderEntry: 4300 Stop Loss: 4000 (-6%) Take Profit 1: 4510 (5%) Take Profit 2: 4750 (10%) Take Profit 3: 4950 (15%) Longby behbehaniPublished 223
MAKER (MKR) Formed a Reverse Head and ShouldersMaker has formed a reverse head and shoulders pattern and looks ready to move up to test previous resistance/support. *This is not investments advice, trade at your own risk.Longby iHeartDataPublished 1
MKRUSD H4 Analysis week of 05.24.21I writing this for a friend of mine how invested heavily on this token. We all were impacted in our positions for the latest orchestrated manipulation to bring crypto price down so the big pockets can buy cheap. I believe in projects (ETH, ADA, AAVE, etc) so firmly that I will keep buying the dips. So here it is. Maker currently shows signs of a bullish mode. The first impulse noticed by a bull candle in D breaking our TTL (you are seen H4) . The expected retracement as it happening now. The good news is: its retracing to our zone in DTF. I see Maker to hit 5000-5500 as first target in its next bull journey. A break below the D green zone is a sign to jump ship and wait for the charts next signal. by abram2024Published 0
Resistance is now supportPrevious ATH resistance trend line appears to now be the support line with a bull flag forming.Longby Digital-KPublished 0
Maker: Roll of the Die (Part 3)Going for it the 3rd time! Not Financial Advice...CHEERS!Longby Agent_BambiPublished 0
MKR bounced off a 2 month trend lineLooks like it had a reversal and now a run to another new ATH in the coming days.Longby Digital-KPublished 6
MKR/USD LONG TO $10,000 (MakerDAO)MakerDAO, Lightning Labs are in World Economic Forum's list of tech pioneers for 2020 Maker is an ERC20 token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to manage another Ethereum token, the DAI stablecoin, that seeks to trade on exchanges at a value of exactly US$1.00. One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase.Centrifuge has teamed with Paperchain and ConsolFreight to tokenize music streaming royalties and trade invoices, respectively. The vote, which concluded today, paves the way for these tokens to be used as collateral for minting Dai stablecoins. Paperchain and ConsolFreight’s tokens would be the first collateral type that isn’t crypto-native. Currently MakerDAO accepts ETH, Basic Attention Tokens, Wrapped Bitcoin and USDC as collateral for Dai loans. The new vote also signaled community support for 0x’s ZRX token, Decentraland’s MANA token, tBTC and Uniswap’s Dai Liquidity Token. Centrifuge and its partners will now get to work figuring which oracles to use, developing risk models and reviewing smart contract security, Centrifuge CEO Lucas Vogelsang told The Block in an email. He estimated that these steps will take somewhere between a few weeks and a couple of months.Once that work is done, a second, binding vote will be held to determine whether to add the new code to the smart contract on the Ethereum blockchain.Starting today, Coinbase supports Maker ( MKR ) and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store MKR . MKR will be available in all Coinbase- supported regions, with the exception of New York State.A total of six blockchain startups have made it to the World Economic Forum’s (WEF’s) list of technology pioneers for 2020.WEF’s global innovators community and strategic intelligence ecosystem to help industry leaders with fresh perspectives. decentralized organization MakerDAO, bitcoin Lightning Network’s infrastructure developer Lightning Labs, blockchain analytics firms Elliptic, decentralized oracle network Chainlink, blockchain-based financial services firm Ripio, and blockchain-enabled environmental tech startup Veridium Labs. The WEF’s 2020 list includes a total of 100 firms from around the world that are pioneering new technologies and innovations, from artificial intelligence and machine learning to the internet of things ( IoT ) and robotics. The WEF has been recognizing a limited number of tech pioneers every year Who your early token holders are matters a lot In the mad rush to raise funds via an ICO in the past year, most projects completely ignored the importance of who the token holders are in the early days. Especially in the case of governance tokens that give token holders the right to vote on critical changes to a network on chain, as a founding team you want your token holders to be well-informed contributors rather than speculators looking to make a quick profit without contributing. Even if your token is not a governance token, sophisticated contributors are generally better community members than pure speculators; leading a community of speculators can be distracting at best and devastating at worst.MakerDAO, the organization behind the dollar-pegged stablecoin known as DAI, is in the process of voting on whether to further diversify the collateral it accepts for loans beyond cryptocurrency and tokens to include real-world assets (RWAs). Specifically, Maker would also allow supply chain invoices and musicians’ future royalty streams as security when it lends out DAI. These assets would be represented on the Ethereum blockchain by non-fungible tokens (NFTs), the innovation that spawned CryptoKitties. Small businesses and artists could take the borrowed DAI, which usually trades 1-for-1 with the U.S. dollar, to crypto exchanges like Coinbase and convert it to cash. If approved, the proposals would pave the way for the first application of DeFi to solving a tangible business problem outside the rarefied realm of crypto. The current crisis, like the 2008 financial meltdown, has seen big firms apply the brakes across supply chains, to the point where innovative ways of freeing up working capital for suppliers awaiting payment could be a lifesaver. “The average crypto user that bought bitcoin when it was a few hundred dollars and is using DeFi to trade and manage their wealth is a very different user from a business that is actually quite cash-strapped,” said Lucas Vogelsang, CEO of Centrifuge, a startup focused on bringing real world assets to DeFi. “These businesses are looking to DeFi as a way to get money quicker and get it on their own terms, without having to go to a bank,” said Vogelsang, whose firm has pilot-tested the financing of freight forward invoices with DeFi loans. “They don’t have crypto to get their DAI loans, so they need to be able to use their invoices or their inventory.”Longby MavRich_TradingPublished 9
MKRUSD :: Taking profit, consolidation likelyHave had a good run in Maker. I love this coin for its huge green candles! Taking some profit on 250%, will ape in on a big dip, might buy back a bit if it consolidates for a while near the bottom of the consolidation zone if it develops. Closed out a position quite a while ago after some big candles, it consolidated there and then started banging up again..wish I had just taken a bit of profit. This thing could really moon over the long term. Take profit on huge candles, but not too much cuz they often come back to back before dipping. One more bang up & profit taking then I'll be riding it free and just keep it in the bag. Put my profits in the ALGO bag. :)Longby lazytradeUpdated 666
MKR - $8994MKR is currently trading above the support zone $4000. As long as MKR is above this zone, we could start seeing a move towards $4742, $5191, $5554, $5917, $6434, $7093 and $8994. If this support breaks, we could start seeing a drop towards $3770, $3515 and $3171. MKR is currently trading at $4238 with a market cap of $3,825,122,943. Its 24 hour trading volume was $261,518,300. Longby cryptomathemagicianPublished 6
MKR/USD: Make or Break MKR has finally rebounded above 4200 as of writing High BUY by Volume Tightening spread 4300 needs to be held onto Longby BitbybitsUpdated 3
MKRUSD on the RUNMKRUSD looking real hot on the Heikin Ashi, making new highs. I got in on the consolidation. If you missed it, I'd wait for a pullback on the 4HR or daily. For the noobs - ALWAYS trade with a stop loss. Especially on this as I feel it's a bit untested. Agree / disagree? Lemme know! Educate me. Good luck! Longby ThundershadowUpdated 0
MKR LONG Price Forcast 8KMKR continues to wreck the resistance not advice but that is big channel NOt adviceLongby BitbybitsUpdated 2
MKRUSDWave 5 is being completed. Two price targets of 5,000 to 8,300 could be the end of Wave 5.Longby imankohkanPublished 2210
Triple Bottom Cup and HandleActually price touched the bottom x 4. The bottom pattern targets (white) was enough to break long entry level for the cup and handle pattern. The green line is approximately 100% of the cup depth. I did not do the math (o: A cup and handle pattern can also reach the 1.618 and the 1.272 fib levels, in some cases higher. Can go lower than 100% as well. This one obviously broke out and has surpassed the .618 and is trying for the .786 fib level. I wish I had caught this one sooner )o: No recommendation RSI is set on 80 verses 70.by lauraleaPublished 225
Maker: Roll of the Die (Part 2)in my previous post about Maker I had a tight stop loss hit taking me out of the trade... With a great bounce off the rising channel the graphs presented a great opportunity to grab a coin before be becomes out of reach.... 1 of a million... Not financial advice... Cheers!!Longby Agent_BambiPublished 111
MKR also looking strongchart looks strong a bit top heavy but the push is there i think_ maybe a dip then rip if so cost average in Longby HustleGrindMomentumPublished 2
Time to try a little Maker? MKRUSDWhat do you guys think? Time to get back in? Where should the stop loss be?Longby ThundershadowPublished 0