MKR PriceMaker coin (MKR) price has escaped out of the falling wedge pattern and registered a breakout.
MKRUSDT trade ideas
MKR looking for a M Higher low, High probabilty setup!! MKR is looking for a Monthly higher low.
you can just buy in and use the Flush lows as stops as they have held 2 times now.
Or you can get detiualed and enter a larger position with more focus as a daytrader. Sell partials and hope its the monthly higher low.
H double bottom .
But I am looking at the huge fairvalue gap from 2300 down.
This would be and ideal place for a 4h HL that could also be a 12 h HL
for a D bottoming pattern that looks like a "Batman" sign, a type of INV HS. It forms a type of rounding bottom and this qualifies as a backside entry for accumulation.
We are using the BTC flush lows now as hard stops.
Bulls want BTC to set a 4h HL and not break the flush lows.
MKR bulls want to see a pattern of succesive HL´s on the 4h or 12h now to prove accumulation.
to get MKR for a M higher low I will risk 3percent of account.
MKRUSDT Losing Momentum and Ready for More Downward Move? Yello, Paradisers! Are you ready for a high-stakes scenario with #MKRUSDT? We have analyzed the asset and it seems ready for more downward move:
💎There's a strong likelihood of a bearish continuation as the #MKR heads to retest its key support at $2088 within the descending channel. This level has held up so far, but the fading trading volume and 3 times rejections from the channel's upper level hint at a further price drop toward the highlighted demand zone.
💎If #MKR breaks the support level at $2088, we expect a retest of the demand zone below this level due to the continuous selling pressure.
💎However, if #MakerDAO does not break below the $2088 support and instead climbs, the retest of the descending resistance of the channel and the Bearish Order Block (OB) above it is possible. This zone has consistently attracted heavy selling pressure and will likely drive the price further down once touched.
💎Should #MKR revisit this critical demand zone, securing a rebound is vital. Failure to recover here could fuel bullish momentum and increase the chances of a breakout from the current descending channel. This move will automatically invalidate the short scenario.
Stay disciplined and focused on your trading strategy. If you master these principles, you will already be ahead of most traders.
MyCryptoParadise
iFeel the success🌴
MKR PriceThe Maker (MKR) coin witnessed a consistent decline and dragged to the 200 day EMA mark, which signifies the seller dominance.
MKR Monthly higher low fish. M higher low is likely getting setMKR huge bounce . was on my favourite list before the Drop.
Setup is MKR looking for a M HL.
4 h broadening wedge currently in play.
fishing the H HL and then the 4h HL trying to attempt getting the M HL.
IF I get stopped out and BTC goes to 60k ish
I will play MKR with considerable size for a M HL.
so here I will be inclined to say that MKR M low could be in . there is def some accumulation.It always does its own thing too! Even if BTC goes D OS a chart like this is likely to get bought up again. or even hold this 4h low .
MKR M HL attempt- going long.MKR like to move independently , this is the backtest of last years large cup formation breakout area at M EMA 123 in D OS.
This would be a historical RSI highly likely Monthly Higher Low fish trade.
GOING LONG
Alikze »» MKR | Retest the bottom of the ascending channelIn the daily time, it is moving in an upward channel, which faced selling pressure after reacting to the supply zone and not being able to break the zone.
💎 Currently, according to the momentum and downward guard, after an attempt to the midline of the channel, it is continuing to correct to the bottom of the channel.
💎 According to the trading node and the previous major ceiling, this correction can continue until the green box area.
💎 Therefore, it is expected that after one attempt to the area, the correction will continue until the green box area.
💎 In addition, if it has the ability to break the supply area of the red box, it can retest the previous ceiling.
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Maker (mkr)Mkr usdt
Time frame 4 hours
Risk rewards ratio >5👈👈👈
First target 3.200 $
Second target 4.000 "$
Yellow box js more important erea to start pump . Green line is supported line that must be watched.
Also we can refer to two bottom pattern
Finally, this Yellow box is my entrance erea surely.
MKR/usdt 1HFrom the blue level, price growth is expected up to the specified target.
blue level: 2551_2606
Target: 2816
Entry is not allowed without confirmation
MKR Weekly AnalysisMaker (MKR) has been the top loser of the week, with a correction of 13.11%. In April, MKR, a popular Layer 2 solution for Ethereum, experienced a sharp decline from $4,083 to $2,356. However, MKR quickly recovered and is now in an accumulation phase.
Currently, MKR is forming a bullish pennant on the daily chart, indicating potential upward momentum if the price breaks above the pennant's upper trendline. The critical demand zone lies between $2,660 and $2,468, and if this zone holds, an uptrend is likely.
Moving averages on the daily time frame suggest a strong sell signal, indicating short-term bearish momentum, while on the weekly time frame, they suggest a strong buy signal, indicating potential long-term bullish momentum. Oscillators on the daily chart also support a strong sell signal, while on the weekly chart, they remain neutral, indicating no clear dominance of either bulls or bears.
MKR/USDT ascending trendline bullish horizon? 👀🚀MKR Analysis💎 Paradisers, get ready for a promising opportunity with #MKRUSDT as it consistently follows an ascending trendline, enhancing the likelihood of a bullish trend continuation.
💎 Previously, we observed a shift where supply turned into demand, and the price demonstrated a strong bullish movement, forming a double top before dropping and respecting the ascending trendline as support. Currently, the price has revisited this trendline, and if it can maintain its momentum at this level, there's a high probability that #MAKER will continue its bullish trajectory along the trendline.
💎 It’s important to note that if the price fails to sustain its momentum along the ascending trendline, this could indicate a weakening of the bullish trend. In such a scenario, we are prepared to take advantage of a bullish rebound from the lower demand level at $2320. The significant liquidity at this level suggests that ASX:MKR could experience a robust bullish recovery. However, a break below this demand level could result in a substantial decrease in price.
MyCryptoParadise
iFeel the success🌴
Short MKR for 2%A nice push to the left. not much noticable momentum. Price action is breaking down... down trend.
SL previous small tf high..
MKR D and 4H Consolidation underway.H oversold bounce for a D HLMKR D and 4H Consolidation underway.H oversold bounce for a D HL
Playing the H OS bounce for MKR in hourly Oversold art prior
Value area backtest.
Nice confluence for a frontside aggressive trade.
4h stairstep pattern.
you can play oversold bounces in many ways.
Laddering on the frontside into an area is one way.
Choose your risk based on the USD amount of loss. Or with sizing
#MKR/USDT breaks the Diagonal trend line in 4-Hour TF!#MKR/USDT breaks the Diagonal trend line in 4-Hour TF!
Wait for retest to open Long in $MKR. The local support level is $2870, and the resistance level is $4085.
BNB/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the MKR to USDT chart on a 4-hour time frame. As you can see, the price broke sideways from the downward trend line.
Let's start by determining the support line and as you can see, the first support in the near future is $2,658, if the support is broken, the next support is $2,274 and $1,777.
Now let's move on to the resistance line, as you can see the first resistance is at $3,023, if you manage to break it, the next resistance will be at $3,438, then at $3,727 and then at $4,105.
Looking at the RSI indicator, you can see that we are approaching support, which may result in another attempt to rebound the price, and the STOCH indicator shows that there is still some room left to go down before it increases again.
MKRUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
MKRUSDTmy entry on this trade idea is taken from a point of interest ABOVE an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
MKRUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
MKR/USDT Keep an eye on the demand area, potential reversal!💎 Paradisers, #MKR is indeed a coin worth monitoring closely.
💎 Currently, there's a potential for the price to retest the demand area around 2530 - 2400. Historical data suggests that MKR tends to bounce consistently when reaching this demand area.
💎 If this pattern repeats, MKR may test the resistance trendline after bouncing from the demand zone.
💎 Breaking above the resistance trendline is essential for MKR to sustain its upward movement and potentially reach higher levels or our target strong resistance area. However, if MKR fails to break above the trendline, it could face rejection and retreat back towards the demand area.
💎 Should MKR fail to bounce from the demand area, there's a possibility of a wick forming when testing the support zone, which was not touched after the re-accumulation phase. This could signal a rapid return to an upward trajectory.
💎 The bullish invalidation scenario would occur if MKR breaks below the support level at 2267, confirmed by a daily candle close below this level. Such a move could indicate a shift towards bearish sentiment and potential further price declines.
MyCryptoParadise
iFeel the success🌴
MKRUSDTmy entry on this trade idea is taken from a point of interest BELW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
MKR/USDT Ready for an Explosive Bull Run? Positive Signs🚀👀💎Paradisers, #MKR is currently building momentum and gearing up to retest the descending resistance.
💎Once it breaks out, we'll wait for a retest to confirm our trading plan. The retest phase usually follows a breakout, offering an excellent opportunity to confirm bullish momentum. If #Maker holds support at $2701 and continues its upward climb, our projected resistance zone will be the next target.
💎However, if #MKRUSDT struggles to maintain support and falls back into the channel, it could hint at a weakening bullish trend. In this case, the price may drop further to the next significant support level around $2363.
💎Historically, ASX:MKR has shown resilience by bouncing decisively from this level. If this pattern holds, we could see a strong bounce. But if a decisive candle closes below this support, it will challenge the bullish outlook, signaling a potential shift toward a more bearish trend.
MyCryptoParadise
iFeel the success
MKR FORMING ADAM AND EVE PATTERNBINANCE:MKRUSDT forming an Adam and Eve or a double bottom, indicating a bullish pattern. Currently approaching on the neckline more details on the idea threads below. Stay tuned for updates.
