MKRUSDT trade ideas
🆓Maker (MKR) May-25 #MKR $MKRMKR is pumping very strong with high volume but it has just been rejected from the 4300$ zone and it could come back to 3200$ zone again. There are 2 scenarios : Lose 3200$ zone to drop to 1600$ zone or Conquer 4300$ zone and move up to 6300$ zone
📈BUY
-Buy: 3100-3300$ if A. SL if B
-Buy: 4200-4400$ if A. SL if B
📉SELL
-Sell: 4200-4400$. SL if A
-Sell: 6100-6400$. SL if A
♻️BACK-UP
-Sell: 3100-3300$ if B. SL if A
-Buy: 1550-1650$. 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
MAKER time!Hi there, Maker made it!
targets 3550-3600-3650-3700
and if you thinkin what is Maker at all
Maker is a smart contract lending platform that enables users to take out loans by locking-in collateral in exchange for Dai. It was founded by the Maker Foundation in 2015 as an open-source project to offer economic freedom and opportunities to anyone, anywhere. In 2017, it launched the Maker governance token (MKR) and its first stablecoin iteration known as the Single Collateral Dai (SAI), which used Ether (ETH) as collateral.
always take profit
Dont panic
C ya
MKR/USDT BITTREX ANALYSISVery basic TA here, examining the Maker/Tether pair on Bittrex, we have local support at $4583 and local resistance at $5080 so
now we will wait for confirmation to the downside or the upside. If it breaks the top trendline we can shoot for around $6k but if 4HR candle close below
support we can expect townfall to $4331 and then $3714. We do not enter here, we sit and wait and see what happens
Support: $4583/$4331/$3754
Resistance: $5080/$5210/$6000
Now we wait for confirmations
MKR LONG BALLS3rd leg up coming after consolidating post-rip. ready to retest ATH. strong support at $1000 as demonstrated by two hard bounces during retests. set bids there for new entries, 1200 as well if you're impatient.
best regards,
MakerHad a fake breakdown of rising channel uptrend shot up like a rocket. Came back backtested lower support as support again. As long as it maintains above 5300 bullish!!!
MKR - Continuation patternIf any candlestick closes below the average, then we should exit the operation.
MKR, upside projection of 20%, should not miss the 100-period EMA. Formation: Continuation flag.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER.
You invited to share your vision in the comments. Thank yo
Crypto Scalping : MKRUSDT 15m | False break turns Bullish !The MKRUSDT Crypto future market shows the great opportunity to place the long position order.
1. RSI Wide Divergence
2. Deep Pullback (implies the bull power)
3. False breakout
MKRUSDT Long with Caution 💹⚠ Score:3/6 (50%)Timeframe 1D
MACD Neutral 👀
Above 50MA & Support ✅
Volume - Decreasing ❌
Timeframe 4H
MACD 4H Neutral 👀
Above 50MA & Support || Uptrend ✅
Volume Level - Low ❌
Signal Confirmation
1) Wait for MACD Trend Bullish
2) Bullish candle bar formed
mkrusdtUpdate .This is my personal view of this currency - also the market has high risks. If you do not know anything about these risks, I do not advise you to enter or exit any deals - and you bear responsibility for that -
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$MKR Wedge Formation$MKR just pulled back to the daily 618 Fibonacci retracement and is printing a wedge formation. I am on the lookout for some bottoming action for a potential long setup.
Great triangle⚖️Good day to trade, folks🔥
There is one more trade opportunity on crypto market.
Symmetrical triangle on MKR/USDT crypto pair.
Previously price had strong bearish sentiment.
It could be an interesting signal for bear traders.
According to Elliott Waves theory Wave D is done and now price is heading to Wave E.
So follow the chart and look for the best price to enter carefully.
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