MKR DoneMaker 2 possibilities: 1 - top is in, 2 - 1021 hits. That is also likely. Shorted here with SL above the 1.618 extension / 10.236
Adding more if 1021 hits, SL 1033
Also, Weekly Bearish Divergence
TP 526, 380
MKRUSDT trade ideas
MKR/USDTMKR/USDT
It is in a long-term downtrend.
It is possible to increase to the top of the channel and then fall to the $600 area.
#MKRUSDT #MKR #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
MKR/USDT Short...MKR/USDT Sell.... This is not signal... Dont risk more than 3% of your account on any trade...
MKRUSDT | SETUPMKRUSDT has broken below the rising support. Now the support is acting as resistance. The price has got multiple times rejection from broken support.
The price took support from horizontal zone and 100MA. The bulls may take charge from above break of trendline.
Manage your trades accordingly.
Maker (MKR) formed bullish Gartley for upto 17% moveHi dear friends, hope you are well and welcome to the new trade setup of Maker ( MKR ) with US Dollar pair.
Previously I shared a long term trade-setup for MKR , which is still in play:
Now on a daily time frame, MKR has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
MKR : THE CYCLE COIN MKR is one of the cycle coins that did try to increase before with a trend pump above the 1150 : after that we had a small recovery trend.
Main view for MKR looks still positive.
We will follow coming time MKR and we will see or MKR can increase over the before high target.
if MKR going depending on cycle plan it can have a high target soon.
MKR are now on important support zone : where the possibility is that MKR will show on coming time frame a breakout trend.
MKRUSDT - Long by Supertrend, ADX & MA 10/11/20221. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 25.
2. SUPERTREND INDICATOR:
- Long trend when closes candle is above the green line.
3. MOVING AVERAGE INDICATOR:50
- Long trend when closes candle is above the green line.
- BUY/LONG: reject to Supertrend at current timeframe.
MKR : DAY TRADE INTERESTINGMKR : DAY TRADE INTERESTING
We will see or this coin will have a high trend coming time.
Like and follow❤️
Maker possible scenariosour previous Analyze on Maker goes wrong. it happens usually in market,
any way
we are under dynamic resistance in daily and as you can see there is a pivot area in daily if the price could cross dynamic resistance and pivot, after a pullback to 800 we can get a long position(scenario 1), but I think we are still in a downtrend and Red line on the chart is more valid because Rsi is in overbought and also BTC should break down and will take everything down with itself, better to wait and watch exactly...
MKRUSDT Rejected on the 1D MA200. Bearish unless this breaks.*** ***
For this particular analysis on Maker we are using the MKRUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where MKR is shown trading on its long-term bearish pattern which is a Channel Down (1) since August 23 2021 High. There is also a diverging Channel Down (2) that started on November 26 2021. Maker's impressive rise yesterday stopped just below the top of that Channel Down and even more so on its 1D MA200 (orange trend-line), which has been a major Resistance throughout this bearish trend.
As you see, the last two emphatic rejections for MKRUSDT have been on exactly on the 1D MA200 (April 05 and May 11 2022) and both resulted into strong sell-offs below the 1D MA50 (blue trend-line). With the 1D RSI rejected also on the 80.000 vastly overbought level (the highest RSI reading since April 22 2021), it is quite likely that the price will follow a similar selling sequence, on the short-term at least, towards the 1D MA50 or even the 4-month Support Zone (651.00 - 583.00).
Yesterday's rejection simply shows that technically, the coin remains bearish on its +1 year selling pattern. In order to see a reversal on its long-term trend to bullish, we need to see the candle closing above the 1W MA50 (red trend-line), which has been unbroken since December 09 2021.
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🟢 MKRUSDT - 1W (29.09.2022)🟢 MKRUSDT
TF: 1W
Side: Long
SL: $581.45
Leverage: 5x
TP 1: $1,036.04
TP 2: $1,317.26
TP 3: $1,544.55
MKR is about to give a buy signal on the weekly chart!
Buy and hold for the next few months on spot with 5x maximum leverage.
Mkr bullish pennant A simple bullish pennant. Pennants and flags are so frequent in crypto and often are meaningless, but with market sentiment seemingly positive and interest in MKR picking up, I think this one deserves some attention. Hopefully Bitcoin holds above 20k or doesn't dip to far below because that would probably invalidate this
MKR: Short It ! ! This coin has been liquidating me for the past week. I think it has finally topped. Short tf out of this one.
MKR RETRACINGMKR is at major resistance, and buying volume and relative strength index is having a divergence
we can see a pull back to 760 level before next leg up
DYOR
Great short opportunity on MKRShort idea on MKR, will enter short position @ around 977
Good luck to all my fellow bears out there!
I get BULLISH when they get BEARISHMaker (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.
Catalyst:
LOW FLOAT COIN - Less than 1 million coins available - my favorite type of investment
Do you due diligence
mkr possible bearish trade I was monitoring mkr for a few days ago and this is one of the best zone for a short but don't forget the market is unpredictable always use the stop
MKR possible short scenariothe maker situation for the next days is just a bullish bounce to the 55 periods ema to continue falling
#MKR long ideaHello dear Traders,
Here is my idea for #MKR
Price closed above yellow line (previous month high)
Price closed above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
Mkr is getting Ready for shortas you can see we are in an uptrend channel in 4H actually seems it was a pullback to a broken pivot daily, and we are in a supply zone, if you are long it's better to save and risk-free position,
also, we have divergence in 4H and 1H, you can short in here with tight stop loss or you can wait to break dynamic support then short...
