Get started

MKR / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

MKRUSDT trade ideas

MKR/USDT Potential will be back test on the demand or support!💎 MKR has recently encountered notable market dynamics, experiencing a significant rejection at a strong resistance area. 💎 There is potential for MKR to undergo a backtest on the demand area around $2530. If MKR shows positive signs in the demand zone, such as bullish candle rejections, it could bounce back upward and retest the strong resistance area. 💎 However, if MKR consolidates within the demand area with weak volume, there is a possibility of further downside movement, testing the support area around $2260. 💎 A bounce from the support area is necessary for MKR to continue its upward trajectory and establish a new leg up. However, if MKR breaks down below the support, it would be a bearish sign, potentially leading to a return to consolidation and a test of stronger support levels.
by MyCryptoParadise_Nathan
8
MKR is poised for a major breakout!Technical analysis shows: MKR is about to break through a key resistance level at $2969. RSI is coming out of the overbought zone, indicating that a price correction is unlikely. MACD shows that the strong uptrend is still in place. Recent news is also positive: Coinbase Custody will support the MKR token. Grayscale Investments has added another 25,000 MKR to its portfolio. The MakerDAO protocol is developing a solution for the DAI stablecoin with Bitcoin collateral. All of these factors indicate that MKR has strong potential for growth in the short term. Entry point: Buy if the price breaks above $2969 and stabilizes above this level Stop-loss: $2763 Target: Determine your risk tolerance before setting a target. Note: Do your own research and use a proper risk management strategy before entering any trade. Are you ready to enter the trade? Additional information: Timeframe: 4-hour chart Indicators: RSI, MACD Support: $2763 Resistance: $2969 Disclaimer: This analysis is for informational purposes only and should not be considered as trading advice. Always do your own research and consult with a financial advisor before making any investment decisions.
by rkazimi97
MKR/USDT - Maker: BBand Breakout Super-Trend◳◱ On the $MKR/ CRYPTOCAP:USDT chart, the Bband Breakout Super-Trend pattern suggests an upcoming trend shift. Traders might observe resistance around 2236 | 2379 | 2636 and support near 1979 | 1865 | 1608. Entering trades at 2363 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Maker ▣ Rank: 61 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Financial - Lending ▣ Overview: Maker is a peer-to-contract lending platform enabling over-collateralized loans by locking Ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. Dai's stability is achieved through a dynamic system of collateralized debt positions, autonomous feedback mechanisms and incentives for external actors. Once generated, Dai can be freely sent to others, used as payments for goods and services, or held as long term savings. ◰◲ Technical Metrics : ▣ Mrkt Price: 2363 ₮ ▣ 24HVol: 31,135,876.879 ₮ ▣ 24H Chng: 13.17% ▣ 7-Days Chng: 10.28% ▣ 1-Month Chng: 21.81% ▣ 3-Months Chng: 66.66% ◲◰ Pivot Points - Levels : ◥ Resistance: 2236 | 2379 | 2636 ◢ Support: 1979 | 1865 | 1608 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 1.72 ▣ Last 90D: 2.68 ▣ Last 1-Y: 1.44 ▣ Last 3-Y: 0.43 ◲◰ Volatility : ▣ Last 30D: 0.40 ▣ Last 90D: 0.57 ▣ Last 1-Y: 0.70 ▣ Last 3-Y: 1.02 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.53 - Bullish ▣ Reddit sentiment score is 0.72 - Bullish ▣ In-depth MKRUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
MKR buy setupThe price structure is bullish. Now MKR is creating an important BOS. Can become very bullish with a fix on the previous SW H. If on the swap area Pullback is done, we can look for buy positions. Closing a daily candle below the invalidation level will invalidate this analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
MKRUSDT - BULLISH OUTLOOKMKRUSDT is currently exhibiting a bullish trend on the 4-hour timeframe, marked by a recent bullish divergence on the RSI (Relative Strength Index). This divergence suggests a potential shift in momentum favoring the bulls. The price action is further confirms the bullish sentiment with a consistent pattern of higher highs and higher lows. Based on this analysis, a potential trading opportunity is identified: Entry: Consider entering a long position at $1367. Stop Loss (SL): Set the stop loss at $1249 to manage potential downside risk. For take-profit (TP) levels, three options are available based on different risk-reward ratios: TP 1 = $1485 TP 2 = $1603 TP 3 = $1721 This trade plan is designed to capitalize on the observed bullish trend and the recent RSI divergence, while prudently managing risk through the placement of a stop loss. It's important to stay informed, monitor the trade closely, and be prepared to adjust your approach based on evolving market conditions
Long
by sunnytrader07
MKR/USDT Primed for a Bullish Surge from Demand Zone? 👀🚀 MKR💎 Paradisers, attention is due as #MKR showcases a fascinating trend, nestled within a demand zone and gearing up for a potential bullish ascent. 💎 Recently,#MAKER managed to vault over the supply zone at $1612, and it's currently showing respect for the demand level at $1838. Should MKR maintain its drive at this crucial point, we're anticipating a robust climb, eyeing targets beyond the next significant supply zone. 💎 But, what if MKR doesn't hold its ground at $1838? For the astute traders among us, a bullish rebound from the lower demand level at $1612 becomes our next watchpoint. However, a dip below this marker could signal a substantial bearish turn.
Long
by MyCryptoParadise
1
Mastering MKR Moves: A TLS System Approach Mastering MKR Moves: A TLS System Approach Looking into the complexities of MKR's market patterns, we're applying the Traffic Light System (TLS) to guide us through the ups and downs and decode potential trade setups. 🚦 TLS Analysis on MKR: MKR's daily chart shows tactical entry points and critical thresholds, similar to steering a complex intersection with traffic signals. 🟢 Green Zones - Go for Growth: Our analysis spots potential 'Green Buy Zones' where the price action suggests a strong support level. In these areas, traders might consider long positions, aligning with a bullish sentiment and a possible uptrend continuation. 🟡 Amber Zones - Caution Ahead: In the 'Amber Zones', we encounter a mix of support and resistance levels where the market's decision is pending. Here, the risk is heightened, and traders should proceed cautiously, ready to pivot based on new information. 🔴 Red Zones - Potential Pullbacks: The 'Red Sell Zones' are where we anticipate resistance that could lead to price pullbacks. Traders might look to take profits or initiate short positions, especially if other market indicators align with a bearish outlook. 🔄 Trading MKR's Current Setup: Keep a close watch on the symmetrical triangle formation for breakout signals both to the upside and downside. Place strategic trades within the TLS-identified zones, tailoring your approach to the prevailing market sentiment upon retesting the triangle structure after the breakouts occur. Utilize stop losses rigorously to safeguard against sudden market shifts. Road Ahead: In the crypto arena, MKR's path reflects the market's broader narrative. It's essential to consider global economic signals, such as the recent tremors in the CSI 1000 index, and integrate these into your crypto trading strategy. Note: This post is for educational purposes and should not be construed as financial advice. Always conduct your research and trade within your risk tolerance. SmartMoneyDayTrading©️
Education
by SmartMoneyDayTrading
3
MKR/USDT 4HInterval Chart ReviewI invite you to review the chart of MKR in pair with USDT, on a four-hour interval. Here, using the blue lines, we will identify a strong downtrend channel where the price is approaching the upper part. Additionally, inside the channel, yellow lines will indicate an additional local downward channel, in which the price is at the upper edge, but this may limit the increase. Now let's move on to defining the supports. And here, after unfolding the Fib Retracement grid, you can see how the price is maintained in the support zone from $1972 to $1924, then there is support at the price of $1862, but if we go lower, the next very strong support is around the price of $1684. Looking the other way, we can similarly determine the resistance areas that the price must face. And here you can see how the zone from $2012 to $2065 stops the upward movements, then when we go above it and from the falling channel, we have resistance at the level of $2150, and then at the current peak at the price of $2287. Looking at the RSI indicator, you can see how there is a fight to come out on top from the downtrend line. However, on the STOCH indicator, we are very close to the upper limit, which may translate into an upcoming price recovery.
by cryptodailyuk
📊#MKR may rise in an ascending triangle pattern📈🧠After reaching the TP zone, we entered the correction phase according to the double top short structure, and the goal of the double top short structure was fully achieved.✔️ After that, we also had a good rebound. From a time period perspective, we are consolidating sideways, which shows that we don’t seem to want to choose to continue the deep correction. As time goes by, we form an ascending triangle here.🙏 ➡️If we successfully break through the inflection point, then the ascending triangle is established ⚠️If we break below the bulls’ defensive level, the bullish view is invalidated 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
MKR/USDT Facing a key resistance zone, Could Break or rejected?💎 MKR has recently witnessed significant developments in the market. It is currently facing a key resistance zone, and historical data indicates the strength of this area. 💎 To continue its upward trajectory, MKR would need to break out of this zone successfully, which could potentially lead to a significant upward movement, probability aiming to reach our target strong resistance area. 💎 However, if MKR fails to break through this key resistance zone once again, there is a possibility that the price could retreat to the support area around 1616 to establish new momentum. In a more bearish scenario, MKR could even drop down to the demand area near 1300. 💎 The demand area is crucial as it represents the last support for a bullish movement. Bouncing from this area and reclaiming the price above the support zone is essential for the potential continuation of MKR's upward movement. However, if MKR fails to do so, the price could continue its downward path, returning to the accumulation zone, and potentially hitting the bottom support of that zone.
by MyCryptoParadise