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MKRUSDT trade ideas

MKRUSDT # 001 ( 2ND cycle Bullish rally to 6500 $ ) Hello dear traders. Good days . First Weekly Gann Square finished and 2nd cycle of Gann Square is started . first Gann Arc resistance is broken and @ exact reversal Time zone , MKRUSDT get support from lower Gann Fan line to start 3rd Elliot wave and expected to hit 0.5 Gann box fib level ( 3565 $ ) . It can go test 0.618 Gan box Fib level around 4495 $ . In detail chart will update. Chart updated and route plotted with help of Gann Square and Gann Box. Good luck and safe trades. Thanks for your support and comments
Long
by SHAlavi
It's Time For The Retest➔ MKR is exhibiting a bullish trend in its weekly timeframe, consistently positioned within an ascending channel. The recent pattern shows three consecutive bullish candlestick closures, indicating a strong upward momentum. Presently, MKR is trading at the top of this ascending channel. While a retest of the specified support zone could occur in the near future, the overarching long-term trend for MKR remains positively upward, suggesting sustained bullish sentiment. This analysis is informational, not financial advice.
by MonoCoinSignal
MKR Signals Green: Buy Now, Thank Me Later!"**MRK Coin** **Short Fundamental** Maker (MKR) is the native token of the MakerDAO system, a decentralized autonomous organization (DAO) that issues the stablecoin DAI. MKR holders are responsible for maintaining the stability of the DAI peg and can earn rewards by bidding on auctions to create or remove DAI. **Recent News** * On December 30, 2023, MakerDAO approved a proposal to increase the minimum collateralization ratio for DAI from 150% to 180%. This change is aimed at reducing the risk of instability in the DAI price. * On December 27, 2023, MakerDAO announced that it is working on a new governance model that will give MKR holders more control over the system. This new model is expected to be implemented in the first quarter of 2024. **Disclaimer** This information is not financial advice. Please do your own research before investing in any cryptocurrency.
Long
by MoonTradingForecast
MKR/USDT 4HInterval ChartI invite you to review the chart of MKR in pair with USDT, on a four-hour interval. First, we will use the yellow line to mark the upward trend lines above which the price remains. Going further, we can move on to marking support areas when we start a larger correction. And here, after unfolding the trend based fib extension grid, the first support is at the price of $1,537, and then it is worth defining the support zone from $1,410 to $1,343. Looking the other way, we see that the price has been rejected by the resistance at $1,680, only when we manage to break out of it can we see an attempt to grow towards the resistance zone from $1,849 to $1,936. Please look at the CHOP index, because you can see that the current price recovery gives an increase in energy for a new move, the RSI indicator shows a rebound with room for a further decline, and the STOCH indicator behaves similarly, which also has room for the price to go a little lower.
by cryptodailyuk
MKR/USDT - On Crossroads Show some strong signs at these levels: Support at 1262 Level: The price is currently resting on a critical support level at 1262, indicating a potential bounce or continuation. 200 Moving Average Support: Further reinforcing the bullish case, the 200-day moving average is acting as additional support, adding strength to the current position. In the event that both the 1262 level and the 200-moving average hold, target will 1550 . However, caution is advised. If the support falters, and the price breaks below the 200-moving average, a reversal could be in play, with a downside target at 980. Traders should closely monitor these levels for decisive price action.
by K_M_M
MKR MakerDAO price didn't pick up with the activityIn the chart, we can see that the active wallets can be a leading indicator for the price of a crypto. This is similar to Metcalfe's Law, which measures a network's value. The law shows that the value of a network grows exponentially as the number of its users increases. We can see that recently, the number of MKR addresses increased significantly but the price didn't increase accordingly. This might be a bullish signal for MRK.
Long
by HenriqueCentieiro
✴️ Maker Goes Bearish | Something Is Not Right!Something is cooking behind the scenes and you can bet the tool you use to sit on that we are going to be the last to know about it but, the good news is that we have these charts. ➖ Maker (MKRUSDT) has been red for three weeks and is trading below EMA10. ➖ The rising wedge broke bearish, volume is dropping and the RSI is showing an inverted cup. These are very bad signal... 👉 This pair is going down based on the information coming from the chart. Namaste.
Short
by AlanSantana
1
MKRUSDT - BULLISH OUTLOOKMKRUSDT is exhibiting a bullish trend and a bullish divergence on the 1-hour timeframe, indicating a potential trading opportunity for a continuation of the upward movement. Here's a concise analysis and trade plan: Entry: Consider entering a long position through a BUY STOP order, triggered at a price slightly above the current market price, around $1304. Stop Loss (SL): Set the stop loss at $1252 to manage potential downside risk. Take-Profit Levels: TP 1 @ 1:1 = $1356. This trade plan is designed to capitalize on the observed bullish trend and divergence in MKRUSDT, with well-defined entry, stop loss, and take-profit levels. Entering through a BUY STOP order provides a method to confirm the bullish momentum. As always, staying informed and adapting to market conditions is crucial for successful trading.
Long
by sunnytrader07
MKRUSDT : Long Position, Support-Resistance Flip, and Targets!🚀A trade analysis for Maker (MKRUSDT) indicates a long position with key levels, including stop and take profit, based on the concept of flipping resistance into support. Key Trade Details: Long Position: Initiating a long position on MKRUSDT. Stop Level: The stop is set at $1,214, serving as a risk management measure. Take Profit (TP): The take profit target is identified at $2,070. Support-Resistance Flip: The trade is based on flipping resistance into support, with the mid-range becoming the new support level. Targeting Range Highs: The concept is to target range highs as the price establishes new support levels.
Long
by Richtv_official
2
MKR USDT LONG SWING | MKRUSDT | LONG @ 1400 - 1450 | TP @ 1460, 1470, 1480, 1490, 1500 | SL @ 1250 | PATTERN = DOUBLE TOP BREAKOUT | BINANCE | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames BINANCE:MKRUSDT BINANCE:MKRUSDT.P BYBIT:MKRUSDT.P OKX:MKRUSDT.P MEXC:MKRUSDT.P COINBASE:MKRUSD
Long
by Coindatahouse