MKRUSD trade ideas
Bullish MA Birth's REPV2From the MAKER chart we can observe that the birth of the 100DMA caused a large jump in price
We can compare this to REPV2's 200MA birth which may do the same
The only difference is REP faces multiple more MA impasses (lower timeframes) than the clean break up MAKER had.
Normally birth's of MA's result in bullish results I have observed for the most part regardless.
Just added A LOT of REP.
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.
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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*
MKR 1.1.21Maker looks like almost ALL of the altcoins and that is in a nice , tight accumulation range. My bets are this things tries to test some highs in the next few months. Will you accumulate ALTS and BTC or will you give up? Do not give up trust me we haven't seen ANYTHING yet. Money printer is about to BRRRRRRx100 in 21. Stay safe and make sure you are stocked up on everything you need friends
MKRUSDT (Waiting for the Resistance Zone Breakout in day chart)#MKRUSD Technical Analysis Update
Waiting for the Resistance zone Breakout
MKR/USD currently trading at $578
LONG ENTRY: Above $620 (Only enter long if day candle closes above $620)
STOP LOSS: Below 550
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
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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!
TIME to meet your MAKER (MKR) !! Ooooooooof!! Bearish 5-0 Pattern here? Not validated as of this posting, but a harmonic certainly appears to be forming.
Speculating the high PRZ between 1.13 & 1.618 fib extensions. ($809 -$910)
Low PRZ could be around extension 1.618 - 2.24 ($259 - $79)
Note : NOT trading or investment advice. Entertainment only.
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.
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