MKRUSDT.P trade ideas
MKR/USDT BITTREX ANALYSISVery basic TA here, examining the Maker/Tether pair on Bittrex, we have local support at $4583 and local resistance at $5080 so
now we will wait for confirmation to the downside or the upside. If it breaks the top trendline we can shoot for around $6k but if 4HR candle close below
support we can expect townfall to $4331 and then $3714. We do not enter here, we sit and wait and see what happens
Support: $4583/$4331/$3754
Resistance: $5080/$5210/$6000
Now we wait for confirmations
MKR LONG BALLS3rd leg up coming after consolidating post-rip. ready to retest ATH. strong support at $1000 as demonstrated by two hard bounces during retests. set bids there for new entries, 1200 as well if you're impatient.
best regards,
MakerHad a fake breakdown of rising channel uptrend shot up like a rocket. Came back backtested lower support as support again. As long as it maintains above 5300 bullish!!!
MKR - Continuation patternIf any candlestick closes below the average, then we should exit the operation.
MKR, upside projection of 20%, should not miss the 100-period EMA. Formation: Continuation flag.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER.
You invited to share your vision in the comments. Thank yo
Crypto Scalping : MKRUSDT 15m | False break turns Bullish !The MKRUSDT Crypto future market shows the great opportunity to place the long position order.
1. RSI Wide Divergence
2. Deep Pullback (implies the bull power)
3. False breakout
MKRUSDT Long with Caution 💹⚠ Score:3/6 (50%)Timeframe 1D
MACD Neutral 👀
Above 50MA & Support ✅
Volume - Decreasing ❌
Timeframe 4H
MACD 4H Neutral 👀
Above 50MA & Support || Uptrend ✅
Volume Level - Low ❌
Signal Confirmation
1) Wait for MACD Trend Bullish
2) Bullish candle bar formed
mkrusdtUpdate .This is my personal view of this currency - also the market has high risks. If you do not know anything about these risks, I do not advise you to enter or exit any deals - and you bear responsibility for that -
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Leave a comment that is helpful or encouraging. Let's master the markets together
$MKR Wedge Formation$MKR just pulled back to the daily 618 Fibonacci retracement and is printing a wedge formation. I am on the lookout for some bottoming action for a potential long setup.
Great triangle⚖️Good day to trade, folks🔥
There is one more trade opportunity on crypto market.
Symmetrical triangle on MKR/USDT crypto pair.
Previously price had strong bearish sentiment.
It could be an interesting signal for bear traders.
According to Elliott Waves theory Wave D is done and now price is heading to Wave E.
So follow the chart and look for the best price to enter carefully.
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And always remember: "we don't predict, we react".
LONG on MKR/USDTMKR formed a falling wedge pattern on 2hours, 1hours, not that visible on the 4hour time frame. The 4 hours StochRSI is also oversold meaning a good long from that position. Apply proper risk management ✍️✍️. Happy trading
MKR SHORTI have been a big fan of MKR USDT this year. The coin has had a pretty impressive run from $2500 up to $6300 as of recent. This last upsurge has lasted several days without any significant retest of key resistance / support levels. I am short term shorting MKR. Target prices are levels indicated with orange dashed line. Shorting hopefully down to the $5555 level before testing the $5500 liquidity zone.
mkrusdtUpdate. Previous goals have been successfully achieved. Now here are the following entry areas. And also the following goals.
This is my personal view of this currency - also the market has high risks. If you do not know anything about these risks, I do not advise you to enter or exit any deals - and you bear responsibility for that -
Please support the idea by clicking the like button and expressing your opinion in the comment box
MKR hits target of 5670MKR has just been printing money laterly. Creators of DAI and the Collateralized Dept Position platform for ERC20. One of the lowest supplies in a gov token. Which is why it's no surprise it flipped Ether.
Possible short already under way, we'll see how this plays into the next 4hr.
