MKRUSDT trade ideas
MKRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, according to the previous analysis, we said that if the line breaks, there is a possibility of price increase, and as you can see, we expect it to reach our target if the price is above the support line. But in case of failure of the support line, we consider the fall to the next support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
MAKER on da move!MAKER seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 5100 and even higher. Let's MAKE it! ⛽↗️
ENTRY : local high @ 2846
SL : local low @ 2506
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @5100
RRR : 6
INVALIDATION : when SL level hit
Like👍, follow✒️, enjoy📺!
Maker analysis soon a bullish rally* Maker is in a consolidation between it's major resistance and the below trend line.
* Every time the price touches the below trend-line it bounces back to it's resistance.
* The 50 Moving average is now below the price as the support. Which previously was moving above the price.
* The maker even forms a double bottom pattern ( trend reversal pattern appears ) with the major resistance as it's neckline.
* If the price breaks the major resistance we can expect a new bullish trend.
MKRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. In the high time frame, we see the head and shoulders pattern, which reduces the price. But in the lower time frame we see a flag pattern that if the upper line of the flag is broken we can see the price increase. We wait and wait until the price can break the flag ceiling.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
MKRUSDT is testing the weekly resistance 🦐MKRUSDT is testing the weekly resistance after a breakout from the daily . IF the price will have a breakout form weekly resistance and retest it as new support, 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.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
MKRUSD Heading Towards $3000+Taking a look at MKR on the daily time frame we can see that it is currently testing even with the February 2021 swing high level placed at the $2696 - $2837 zone.
During the last week of June and going into the start of this month, all the top cryptos sold off a bit to stop out the over-leveraged longs before moving back up. The bull run isn't over, it's just a matter of 'How and when' its going to come back. At the moment, the highest level of support is $2837 and the resistance level at $3100 has already been tested once.
This being said, the next true level of resistance is placed at the $3751 level and that is where I have my sell order placed for a 30% gain. I do not know how long this move is going to play out, I am simply just reading the trend and sentiment of the market.
Attached is MKR on the 4H Time Frame
We can see that MKR dropped below the longer term trend created from that same February 2021 swing high level and then eventually regained it as support after stopping out over-leveraged longs.
This currently looks like very great bullish momentum that is going to continue now. I was a little bit skeptical about the current trend of the market up until the day before yesterday when i've been able to properly analyze the more candle data that was given to me. The 1st target if you want to lock in profits and feel safe about this play would be at the $3100 level, which has already been 1st touched. Expect a quick touch and pullback from this level before pumping up the rocket fuel to $3751. From that point, this is a significant level that many traders will take profits from, so expect a decently sized correction from that.
As always please do your own research, I am not a financial advisor.
🆓Maker (MKR) July-5 #MKR $MKRMKR is having a good support at the $2600 zone and is heading towards the $3600 and $4800 zones. If it loses the $2600 zone, it will fall back to the $2200 zone, which is a reliable support
📈BUY
🔴Buy : 2550-2650$. SL if B
📉SELL
🔴Sell : 3500-3700$. SL if A
🔴Sell : 4700-4900$. SL if A
♻️BACK-UP
🔵Sell : 2550-2650$ if B. SL if A
🔵Buy : 2150-2250$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
MKRUSDT is testing the daily resistance 🦐MKRUSDT is testing the daily resistance after the price broke the triangle. According to Plancton's strategy (check our Academy), we can set a nice order
–––––
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.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.