MKRUSDT trade ideas
mkrusdtAfter breaking the triangle in the 1 hour time frame, climb to the specified resistance range and after the conflict in this area
Climbed to the specified prz area due to high momentum in 1 hour time frame, there is a possibility of failure
If the area fails, you can take a position
Mkrusdt Symmetrical Triangle 📐Hi mkr is forming Symmetrical Triangle if it breaks we will enter after that
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mkrusdtThis is my personal view of this currency - also the market has high risks. If you do not know anything about these risks, I do not advise you to enter or exit any deals - and you bear responsibility for that -
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MKR/USDT Symmetrical TriangleThe symmetrical triangle for MKR shows a possible break out within the following few hours. The bearish and bullish targets are highlighted. Safest entry would be a retest with break out confirmation in volume as well as a macd rejection or macd cross!
Money MAKERMaker seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 5760 and even higher. MKR been money maker lately (see related idea), so I hope this ATM🏧 is still working! There are 2 different SLs, one tight, one wide. I will split the position into two (equal size) and will go with both SLs.
ENTRY : local high @ 4151
SL1 : local low @ 3934
SL2 : local low @ 3568
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL1) @ 5760
RRR with SL1 : 7.4
RRR with SL2 : 2.75
INVALIDATION : when SL level hit
Like👍 & Enjoy🍿!
MKRUSDT - 1HYou can look at it as a inverse head and shoulders or like a cup and handle pattern. Anyway to me it seems like it's a reversal structure.
For confirmation we need to break horizontal resistance!
For every new follower i will add a new idea :)
It was a good run...$mkr looking like it is finishing it's parabolic run. High volume area for support would be around $3500 area
MKR The Dominator Of The DEFI CategoryMKR price traded at $4786 with a gain of 35.83% in the last 24-hour. Furthermore, MKR price is in a continuous uptrend and testing the resistance of $4970. In contrast, the market capitalization stands at $4.69 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the 55-EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $4970 in future trading sessions.
Resistance: $4970
Support: $2866
MKR.USDT (Y21.P2.E1).Potential cradle setupHi Traders,
Here is a potential nice setup for a cradle trade on the 1 hrly.
It has all the ingredients so far.
Yes, it has a slight downward pressure for now, but that could be shallow.
Be careful as BTC can spoil many good setups if it drops.
If you don't know the check list for a cradle setup or strategy, you should learn it asap. Which I teach. Link below.
All the best,
S.SAri
s3.tradingview.com
s3.tradingview.com
MKR making triangleMaker seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 4870 and even higher.⚡
ENTRY : local high @ 3667
SL : local low @ 3290
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 4870
RRR : 3.25
INVALIDATION : when SL level hit
Like👍 & Enjoy🍿!
