Globally Bullish / Locally ShortEntry: 1000-920 SL: 864 TP1: 2500 25% TP2: 4000 25% TP3: 6000 40% Moon Target: 10% Longby Albo7772
MKR : UPCOMING TRENDthe upcoming trend for MKR what could make it able to gain up $800 coming time. Technical view shows the possibility for a new increase by MKR. Low time frame MKR needs to hold the $600 USD price action to be able to play in a stable trend that could change into a new increase view. If MKR can hold the $600 within the time frame then we could meet in the coming time the target of $800 MKR is at this moment one of the interesting coins that could show an increased view. Longby GoldenbreakoutUpdated 13
mkrIf we want to check based on the previous move, it can have a move like a green box, and the possibility of hitting any of the red lines for correction can be checked.by hosseinghaffari67111
Mkr Idea Mkrusdt 4H time-frame Chart is looking bearish on 4h timeframe facing double resistance, trendline + horizontal and volume is not enough for brrakout iam expecting price to retest again the channel support level Let's see Note : This is just am idea not financial advice do your own research before taking any decision If You Are satisfied with our work kindly make sure to support us Happy trading Shortby Crypto-By-Ghazi334
MKRUSDT.P MKR is putting LH and we have TWO touches TL on this Will price succeed to cross over this TL on the third ? Will there be a third touch? Lets watch together Live to trade another day!by vagada3
MKR 1D Review Long-TermI invite you to review the chart of MKR in pair to USDT. Here the price stays above the uptrend line After unfolding the trend based fib extension grid, we see that we first have a support zone from $ 1067 to $ 1008, then we can mark the second support zone from $ 950 to $ 867, but when the zone does not hold the price, we can see a drop to the area of strong support at $ 763. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price has rebounded from the beginning of the $1265 to $1349 resistance zone, then it needs to break through the second very strong zone from $1442 to $1569 and then it can move towards the resistance at $1729. When we turn on the EMA Cross 10 and 30, we see that the MKR is moving in a local uptrend. The CHOP index indicates that the energy has been used, the RSI is moving in the upper part of the range, which may result in a larger price correction, and the STOCH indicator shows that there is a lot of energy, which, combined with the RSI, may result in a price correction.by cryptodailyuk7
MKRUSDT SHORTMKRUSDT SHORT - after a bigger move MKR will consolidate, good for smaller shortShortby CsancusUpdated 4
MKRUSDTBINANCE:MKRUSDT has now faced a strong resistance line after a magnificent bull run that managed to raise the price from $500 to $1,250. It seems that this is the end of the upward movement of this currency. As we can clearly see, the 5 Elliott Waves are beautifully completed. But how far can the price correction continue and where is the best entry point? In my opinion, the range of 1150 to 1200 dollars can be a good entry point, and we can consider the 0.618 Fibonacci line as the target, which shows us the price of 800 dollars. But keep in mind that this is a long-term goal and don't expect a drop of several days to this point. ⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help." Don't forget to like and commentShortby MadoirUpdated 6612
MKR: Bullish Flag BreakoutMaker (MKR) technical analysis: Trade setup : Trends have reversed to uptrend but price has reached our target of $1,000-$1,100 resistance zone. It briefly consolidated in Bullish Flag pattern, broke out again and spiked up as high as $1,250, making a new Higher High (sign up Uptrend). However, we’re deep in a resistance zone, so we would prefer to enter on another pullback or if price breaks above $1.1K resistance. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $800 (previous resistance), then $600 – $700. The nearest Resistance Zone is $1,000 – $1,100, then $1,250.Longby altFINS4
makerMaker technical analysis basiclly on elliott waves Principles and RRM priceaction strategy 2 days to close Wekkly candle and make trigger to move up to 2200$ target as a first Level wait and watchLongby Allver_Fx3
MKR/USDT(TIME FOR A CORRECTION or A BULL RALLY?!!)In this sideways bearish market DEFI projects like COMP,MKR,AAVE performed so well. Previously i posted my analysis on COMP in details.Now its time for MKR. Today MKR went up over 10% and now trading between its MAJOR RESISTANCE LEVEL of 1150-1175. It would be hard to break this resistance zone as BTC is showing WEAKNESS. If BTC moves up to 31k again and further it may break this level. But it looks like next week BTC is going to 28.8k range again,so its more expected to see the price fall back to 1037-1018 range and even below.All the ranges are given at the chart analysis. The GREEN & RED coverd AREAs are MAJOR SUPPORT & RESISTANCE ares. The GREEN & RED lines are SUPPORT & RESISTANCE zones. by ahnafsoad116
FLASH TRADE MKRThese trades reflect my trading history Trades will be updated on the same published chart such as Take Profit, Early Exit or Partial Exit....Shortby DARKMEXUpdated 114
MKRlast rejection in resistance and will be looking for retracement at 818.6Shortby KentaruchanUpdated 116
Brief Analysis ——MKRAs a representative of liquidity, lending protocols are important to Defi. Based on the outstanding performance of COMP last week, we have a brief analysis of the tokens for three major lending platforms today. They are AAVE,COMP and MKR. MKR rose with fluctuation in first half of 2023. Starting in March, it experienced a long correction, and in July the price quickly rose to the highs of the year. We can see many upward pin-bars (in the gray area) at that time. This shows that the resistance above is very strong. The bulls toke action for days without success. Price entered into a correction and moved closer to the highs again this week. Judging from the rising this week, the length of the green candle is not long, the bears is obvious, and the trading volume is not outstanding. Conclusion: Mostly fluctuation. The trend maintained neutral on a large level and bears strengthened on a small scale. So we think there is a high probability of fluctuation this week. We set resistance level at 1040 and support level at 850. If you have any ideas, welcome to communicate with us:) Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.by Sypool3
MKR (Maker) Token Analysis 03/04/2021Fundamentals: Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI stablecoin. Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI, a community-managed decentralized cryptocurrency with a stable value soft-pegged to the US dollar. MKR tokens act as a kind of voting share for the organization that manages DAI; while they do not pay dividends to their holders, they do give the holders voting rights over the development of Maker Protocol and are expected to appreciate in value in accordance with the success of DAI itself. The Maker ecosystem is one of the earliest projects on the decentralized finance (DeFi) scene: the industry that seeks to build decentralized financial products on top of smart-contract-enabled blockchains, such as Ethereum. As of October 2020, DAI is one of the most popular stablecoins (cryptocurrencies whose prices are pegged to the USD or another traditional currency). It is the 25th largest cryptocurrency at over $800 million in market capitalization and it has more active addresses than USDT — the largest stablecoin on the market. MKR’s unique proposition lies in the fact that it allows its holders to directly participate in the process of governing DAI. Every holder of Maker tokens has the right to vote on a number of changes to the Maker Protocol, with their voting power depending on the size of their MKR stake. Some of the aspects of the protocol the holders can vote on are: Adding new collateral asset types to the protocol, allowing users to submit new cryptocurrencies to mint more DAI; Amend the risk parameters of existing collateral asset types; Change the DAI Savings Rate: holders of DAI tokens can earn savings by locking them in a special contract, and the Savings Rate impacts the profitability of that contract; Choose the oracles — entities whose goal is to supply trustworthy off-blockchain data to the Maker ecosystem; Upgrades to the platform. This ability to participate in the management of one of the largest stablecoins on the market is what drives the demand for MKR tokens and correspondingly affects their value. MakerDAO, the first entity inside the larger Maker ecosystem, was created in 2015 by Rune Christensen, an entrepreneur from Sealand, Denmark. The issuance and removal of MKR from the system is governed by a complex system of interdependent mechanisms designed to ensure that DAI is always fully collateralized by other cryptocurrency assets and its soft peg to the USD is maintained. There is no hard-coded limit on the total supply of MKR. DAI’s value is secured by collateral — other cryptocurrencies that are deposited by users when minting new DAI tokens and stored in so-called vaults — smart contracts on the Ethereum blockchain. During price downswings, the value of crypto stored in the vault might become insufficient to fully collateralize the corresponding amount of DAI. In that case, the Maker Protocol automatically initiates the liquidation of the vault’s contents, the proceeds of which it uses to cover that vault’s obligations. If the amount of DAI generated during the liquidation is not enough, the Maker Protocol mints new MKR tokens to sell and cover the remaining sum, thereby increasing the total supply. However, in some cases, the amount of DAI made from the auctions exceeds the necessary limit to ensure full collateralizations — then, it is used by the Maker Protocol to buy back and burn MKR tokens, decreasing their total supply. Thus, the supply of MKR is a dynamic value that changes depending on market conditions and the overall health of the DAI ecosystem. As of October 2020, the circulating supply of Maker tokens is about 1 million, worth more than $500 million. Christensen graduated from Copenhagen University with a degree in biochemistry and studied international business at the Copenhagen Business School. Prior to MakerDAO, he co-founded and managed the Try China international recruiting company. Technical Analysis: as we can see there is Hidden Divergence with MACD after an impulsive wave on its retracement which is the sign of Bullish Trend Continuation with more Power, there total of 3 Targets Defined with Fibonacci Projection the 3 TP gets Confirmed as price triggers the 2 TP as it is the extension level and it makes the 3 TP a sure Target. Longby BitonGroupUpdated 448
Maker astonishing rise ahead?👀!! 🚀MKR Today Analysis💎 MKR is currently trading in a high volume area, with the poc of the Volume Profile Visible Range acting as support. 💎 if it fails to hold its position at the POC, it could correct to another level, potentially up to 5%, before resuming a bullish trend. 💎 maintaining a strong position above the 50-day Exponential Moving Average, further indicating a potential bullish move. 💎A crucial support level at 588, and a low volume node has been observed. A breakdown of this support could shift the market momentum into a bearish zone. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey! Longby MyCryptoParadise_SimonUpdated 114
mkr buy setup moving in a descending triangle for a long time and is ready for the next move here is my buy setup Longby AZTRADER8Updated 449
🚨 Trade Update: MKR/USDT (3-5x)🚨 Trade Update: MKR/USDT (3-5x) 📈 Long Entry: 789 - 960 OTE (Optimal Trade Entry): 877 SL: 748.6 B/E Move: When it moves close to TP2 TPs: Short Term: 975 - 989 - 1015 - 1050 - 1100 Mid Term: 1250 - 1500 - 1800 - 2200 - 2447 **Disclaimer: Past profits do not guarantee future results. Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis. EDK FORUM TRADING®Longby GISTRADINGLLC6
MKR target 1440 and potential reach 20001D time frame - MKR retesting that brokeout strucutre TP: 1440 and 2050~2270 SL: 500 *Notice entry is very far from SL(over 40%)*Longby EthanTW8
mkrusdtsignal to long You can trade according to the numbers specified on the chart. According to the lines and return points, this deal is suggested.Longby greensharkUpdated 5
mkr START OF THE BULL RUN ?once mkr retests 1000$ as support it should begin its bullrun.next resistance 1670$ by kryptoman16
MKR: Bullish PennantMaker (MKR) technical analysis: Trade setup : Trends have reversed to uptrend but has reached our target of $1,000-$1,100 resistance zone, where it got rejected. Notice the long wicks on recent daily candles, indicating heavy selling. After a 100% gain from recent lows ($500) on June 10th, we expect some profit taking around the $1K resistance area. Now it’s consolidating in a Bullish Pennant pattern and we wait for a breakout. We highlighted MKR in our recent trading video “5 coins with big upside near-term”. Maker is a well established DeFi platform with real users and revenues , which forms a solid foundation for investors looking to trade it. Pattern : Bullish Pennant – forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $800 (previous resistance), then $600 – $700. The nearest Resistance Zone is $1000 – $1100.Longby altFINS7