Will MKR Coin Price Hit $2000 Before A Rebound?The weekly technical chart of the Maker hints towards a consolidated move in the asset price for the future. On coming to the daily chart, the asset has seen a breakout to the lower levels and may see the continuation. The upside move of the Maker may face a setback near $2600. The downside trend of the coin may see a bounceback near $2100. If the asset currently moves further below of more than 15 to 20% then a strong downside move can be observed.
MKRUSDT trade ideas
MKR - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
MKR is sitting around a strong support zone in green so we will be looking for buy setups.
on DAILY: MKR is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, MKR would be overall bearish can still trade lower till the lower green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MKRUSDT, Its time to buy one stepHello everybody
Maker is one the most powerful project that is working on crypto and DAO base
According to the chart you can see , after the price broke the trendline with the breakwave the price need to have correction and we shwon on chart the 2 important support zone area .
The price impacted to the first support zone area and we expect the price to move upwards and re-test again the top of the breakwave and ...
And we have key point level, until the key point is not break down and consolidation below the key point the potential to move upwards we have and expect it.
Good Luck
Abtin
MKRUSDT, Its time to buy one stepHello everybody
Maker is one the most powerful project that is working on crypto and DAO base
According to the chart you can see , after the price broke the trendline with the breakwave the price need to have correction and we shwon on chart the 2 important support zone area .
The price impacted to the first support zone area and we expect the price to move upwards and re-test again the top of the breakwave and ...
And we have key point level, until the key point is not break down and consolidation below the key point the potential to move upwards we have and expect it.
Good Luck
Abtin
MKRUSDT - SETUPMKRUSDT price is breaking up the ceiling area where two resistances a zone and a trendline lies. The only hurdle is FIB LEVEL 61.8%. If bulls successfully break this level then can pull this price easily towards 3300 followed by 3350. And if this fib level works as a resistance we could see a sell-off towards 3100 followed by 3300. Good Luck!
MKRUSDT breakout is nearFellow traders.
Here is the channel MKRUSDT is moving inside. A break and close above resistance line (red one) indicates a breakout. After retest, first target could be a range near current ATH.
If you enjoyed this analysis, please share it and let me know what you think in comments bellow.
Cheers.
MKRUSDT Technical Analysis💎 MKRUSDT has broken above the major resistance and also the symmetrical triangle. After the pullback the price will continue the bullish move
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🎳 Entry/Pullback now or from 3427 - 3188
☕️ TP1 3631
🍺 TP2 3968
🍻 TP3 4327
🍾 TP4 4672
🍷 TP5 5000
🚫 SL 3188- 2945
Good Luck 🎲
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💡Don't miss the great buy opportunity in MKRUSD @makerdao
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3146).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74
Take Profits:
TP1= @ 3439
TP2= @ 3732
TP3= @ 3990
TP4= @ 4244
TP5= @ 4956
SL= Break below S2
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💡Don't miss the great buy opportunity in MKRUSD @makerdao
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3146).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74
Take Profits:
TP1= @ 3439
TP2= @ 3732
TP3= @ 3990
TP4= @ 4244
TP5= @ 4956
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️