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MKRUSD trade ideas

Crypto Market XLM MKR Technical Analysis & Predictions 1/20/21*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
COINBASE:MKRUSD
by CryptoRush_
3
MKR is your MONEY MAKERThis coin has been doing amazing during these dips whenever BTC/ETH give sideways action. Seeing as how the previous BTC dip knocked it down to the upper 1000's and w/ recovery to 1600, I sense a foreshadowing of what we will likely see in coming hours/days as BTC continues to dip again. I'm expecting a dip to 900-1100 again as it should stand above BTC during the dip. Previous ATH at 2000 so expected gains on this next recovery will be significant. This is a coin I recommend to have in portfolio if you want to minimize risk and maximize gains. Swing trading easily profited an extra 15% during the last 24 hours. Look at how it remained in 1350-1500 between the Head and Shoulder pattern w/ BTC! Let's see these gains together :) *Not Financial Advice, Happy Trading*
COINBASE:MKRUSD
by Humdinga
4
Maker Fib Practice (Dec 28th 2020)Maker DAO/USD rates - (December 28th 2020) Target 1: $660 Target 2: $768 I am not 100% sure if I even set up my trends correctly yet, but I believe there could be at least 1.618 and 2.618 multiples here left to go in this run. I wouldn't depend on this for 3.618 and 4.236 targets and still I don't know this is even right but I started working on this chart while price was around $555 earlier today. I guess if this somehow ends up being a run that completes a 3.618 or 4.236 then perhaps it could exhaust around $876 or $943? Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
COINBASE:MKRUSDLong
by Hambooger
MKR DAO (DEFI)Greetings, MKR (Maker) coin, the price of the tool in the lateral movement, having shaped the horizontal channel external and internal, width external 70% and internal 25%. Also, the price broke the channel down several times and was fixed lower, but then it was bought back and the price was returned to the channel. The instrument is available for trading on spot and is available for trading in derivatives in a short on the huobi exchange. Options for working with the instrument: 1. From external channel boundaries (risk) 2. From the borders of the internal channel (more secure) 3. When the price goes out and is fixed above or below a channel, in a short or long one. At present, the price is within the boundary of the internal channel. A break-up of the triangle up or down, potential movement by the width of the triangle base. But for me personally, the most interesting is the deal from the borders of the external channel and when you go beyond its borders. Always use stop loss, and do not use the leverage more than x3. A trader should always have tomorrow. If the information turned out to be useful to you, put up a liking and sign up so you don't miss anything.
BITFINEX:MKRUSD
by Kirill_Gaitan
Maker Price Prediction: MKR Poised For Breakdown To $500 Maker holds at ascending channel support after rejection at $600. MKR/USD could explore levels below $500 if the 50 SMA support caves in. Maker, a leading project in decentralized finance (DeFi) is showing signs of retreat. The bearish outlook comes after another rejection from $600. At the time of writing, Maker is exchanging hands at $535. It is also holding at the ascending parallel channel lower boundary. Bulls are very keen on holding onto this support because a retreat below this zone could open the Pandora box. The DeFi ecosystem has revolutionized finance in the blockchain industry. It possible for individuals to stake, take collateralized loans, and stake across multiple decentralized platforms. Maker has had a remarkable performance in the sector this year. The funds locked in the project have increased drastically from around $200 million in January to $1.8 billion. Over the last 24 hours, the value of funds locked has decreased by 6%. The retreat is not alarming for the project owing to the losses posted by other DeFi projects as per the data by DeFi Pulse. The Relative Strength Index (RSI) has retraced from the overbought area, highlighting the bearish grip. If the channel’s support caves, the next target is the 50 Simple Moving Average (SMA). It is essential that buyers hold above this SMA. Otherwise, the bearish party is likely to continue with losses likely to hit levels around $500. The 100 SMA in the 4-hour timeframe will absorb some of the selling pressure. IntoTheBlock’s IOMAP model reveals a lack of substantial resistance towards $600. The range with the most concentration of sellers lies between $538 and $553. Previously, 1,200 addressed bought 79,000 MKR. If this level is turned into support, MKR/USD could start the rally back to $600. On the flip side, robust support lies between $490 and $505. This means that Maker could still plunge to $500. Maker Intraday Levels Spot rate: $536 Percentage change: -6.8% Relative change: -40 Trend: Bearish Volatility: Low
COINBASE:MKRUSDShort
by CoinGape
2