MKRUSDT Technical Analysis
⏳ Spot
💎 MKRUSDT has formed a symmetrical and descending triangle. After several rejections at the bottom at the support line we need to wait for the breakout and see the pump
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🎳 Entry/Pullback now or from 3092 to 2886
☕️ TP1 3226
🍺 TP2 3622
🍻 TP3 4089
🍾 TP4 4500
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 2886 to 2710
Good Luck 🎲
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MKRUSDT trade ideas
MKRUSDT (1D) OUTLOOKEDUCATIONAL PURPOSE ONLY 🤬🤬🤬
MKR has been trading between 3986 and 1893 range since June 2021. Having broken out of a prevailing structure within this range, i want to see price drop to 2633 -2200 range before i make a move to buy the coin for a quick target at 3986 area.
Remember that price have tested this 3986 (EQH) level for 3x hence i expect a quick drop from there to 1900/1750 area which will the best point to buy in for a long term holding.
I will update here is price structure changes.
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MKRUSDT is testing the weekly resistance 🦐The price is testing the weekly resistance after a daily breakout. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
MKRUsdtmaker make nice Triangle :)
The Maker Protocol: MakerDAO's Multi-Collateral Dai (MCD) System
with good fundamental and remember with new law on US for crypto ppl more use DAI and switch of TeTHER to Dai .and this can help MKR for move up and got upper prize
GL
EntryPoint :
2477
Supports :
2241
1913
1562
1407
Resistance:
2538
2771
Targets:
3025
3477
4045
5020
6608
For mid time and HODL:
9370
11246
14613
GL
MKR/USD - Major breakout! Rally in progress... 🚀Maker, the DAO for DAI stablecoin just broke above a key level.
A sustained rally can take us higher, see level on the chart. This coin has strong fundamentals and has already rallied a lot this year.
Indicators looks great, volume as well. Bullish bias.
Like and follow if you liked my idea!
MKRUSDTHello to all dear traders, I hope you always hunt for big profits.
DISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving forward with probabilities and the analysis may be wrong so take capital management seriously.
Possible Price Action for MakerHi im a novice trader and I just wanted to share my thoughts on $MKR. To me the daily chart looks like its ready to break through the upper resistance of a macro triangle. Breakout of this resistance will be confirmed by bullish MACD crossover along with divergence from PSAR consolidation. Nobody really talks about this coin so I thought I'd share.