$MKR on the daily chart MACD setupContinuation off a nice recent pullback seems imminent.Longby devinstrades1
MKRUSDTBINANCE:MKRUSDT IDEA ⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR" Don't forget to like and commentby MadoirUpdated 5
Brief Analysis——MKR(Recap)BTC rose above 36000 and many Altcoins started pumping again. We analyzed MKR in the early stages of this rally. But MKR bulls appear to be fading as other Altcoin gains. Today we take a look at what happened to MKR from the project level and indicator level. For the project MakerDAO, in 2020, it has started the business of RWA(real world assets). And when U.S. bond yields rose sharply in the middle of 2023, its scale of RWA business was expanded. Becoming the leader in the RWA field has attracted more liquidity to pursue the risk-free rate of U.S. bonds. From a project level, if U.S. bond yields can continue to rise or stabilize at a certain level, MakerDAO's RWA can provide a better asset portfolio for the cryptoers. But what is different from before is that as the interest rate hike gradually comes to an end, the yield on U.S. bond yields has dropped very significantly within this week. We can see this in the chart above. Under such circumstances, the liquidity obtained previously will flow to places with higher returns. What's more, the market is now driven up by BTC again, and liquidity will flow into exchanges to participate in transactions. This is very detrimental to MakerDAO’s RWA. Come back to our TA. Following our last brief analysis, MKR unsurprisingly moved higher near its highs again. However, judging from the WTA indicator, the blue column representing the whale does not appear when the price rises, but is accompanied by a fall. The gains were quickly retracted by the red candle. This is completely different from the previous performance and illustrates the exhaustion of the bulls. The decline then continued and the price returned below the red line. Switch to level 4h. The ME indicator shows that at this level, MKR has turned bearish. We mark the locations of recent whale sightings with two yellow intervals. The first whales can be seen appearing in the upswing, both as blue bars and as green candles, which are short in length. It's more like a tentative dip after the price fell below the low. The second appearance of the whale was accompanied by a decline. All in all, at this level, the whale's performance also reflects bullish fading. To sum up, the probability of MKR's long position has weakened. Although this does not mean a decline, it is already difficult to return to the high point.by Sypool5
MKRUSDTMKRUSDT was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline. Currently the price has given the breakout from falling trendline and now forming a local support around 1400 region. Will the bulls take charge again continue for leg higher?by JustTradeSignals2
DAY TRADE 020!! *50 Followers milestoneBYBIT:MKRUSDT.P Goodmorning guys, today we have our 20th trade live and on the internet but another little milestone was 50 followers so i just wanted to take the time to say thank you to everyone who keeps following my journey it is amazing! Mkrusdt sent my alert to me through the night and im now up at 5AM to capatalize on that... nice candle looking to be forming on the 4HR timeframe lets see if i can catch the pullback! 5:1 thanks guysLongby fusfamily1
[MRKUSDT] Binance: Long IdeaThis idea uses Supply and Demand with Harmonic Pattern (Crab) as confluenceLongby GoodGirlAbby114
MKR: Double TopMaker (MKR) technical analysis: Trade setup : A rare asset that has remained in an Uptrend throughout the recent market downturn, which indicates consistent demand from buyers. However, after getting rejected 2x at $1,600 resistance zone (Double Top pattern?) , price has pulled back and broken below $1,350 support, which makes us cautious. We wait to see where this pullback stabilizes. The next support area is $1,000-$1,100. Maker is a well established DeFi platform with real users and revenues, which forms a solid foundation for investors looking to trade it. Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $1,350, which it broke, then $1,000 – $1,100. The nearest Resistance Zone is $1,600.Longby altFINS8
MKR/USDT bullish horizons? 👀 🚀 MAKER Today analysis💎Paradisers, turn your attention to MKRUSDT! We've observed its compelling trajectory as it navigates within a demand zone, hinting at a high probability of a bullish trajectory. 💎 In recent developments, MKRUSDT managed to surge past its descending channel, charting an upward course. Currently positioned in a demand zone, the odds are favoring a bullish shift. 💎 However, if the asset struggles to maintain its upward momentum and breaches the demand zone, it's likely to seek bullish support either from a robust support level or upon retesting the boundaries of the previously broken descending channel. 💎 The VRVP data, showcasing significant volume, further bolsters the bullish sentiment. The primary expectation is for MKRUSDT to challenge the 1652 supply zone. 💎 A minor resistance is anticipated there, but surpassing this level could amplify the chances of targeting higher resistances. Stay vigilant and strategize wisely! Longby MyCryptoParadise10
Small setup for MKRMKR will touch a level and jump up a little bit. Just lets try to earn few dollars on it. Longby dr1710792
MKR MAJOR RESISTANCE TEST?We now see that Maker has made it's move up near the old and major resistance around 1575 area (which you can look back to on both daily or weekly chart, around january 2021 and may 2022). With such a strong resistance, and high volitality BTC, I have three possible scenarios in mind (as shown on chart): 1. MKR tests resistance, manages to break out. If this happens and MKR holds, we may see prices try to get comfortable around 1675, 1775 area, or even up to 1900 (but don't hope). 2. MKR tests resistance, fails. This means we see price go up to 1575 area or even up to 1650 area but doesn't hold it and pulls back similar to second-last candle currently on chart. 3. MKR falls weak and breaks support. As Maker is lingering above current support, it is also probable that we may see a test of support and possible breakage, which could be a lot worse than the possible bull run (up to 400 poins down, but 200 points is more likely) How do we know which one will follow trough? We take context into account and we manage risk accordingly. MKR's movement greatly depends on BTC. Since recent BTC bullrun was mostly unexpected, hype-driven and fake-news-driven, we must take into account the weakness of that price action, and the possibility of a pullback. If the economic environment doesn't favor, BTC can't make any major moves (like 50k run). Since economy is NOT favorable (see bonds, dollar index and S&P), BTC's potential for longs is limited. Still, momentum is momentum, and currently it looks bullish, so, anything could happen. We must see it trough and adapt accordingly. So what do we need to place a position? A move on Bitcoin or a signal on MKR. A bullish pinbar maybe. An inside bar somewhere in the week maybe. Some news maybe. Something needs to happen to confirm one position or another, and even then, we must evaluate risk and take into account that markets are EFFICIENT, which means they are RANDOM and you cannot predict anything with 100% accuracy. You can only analyze the information the market gives and evaluate risk and positions according to it, minimizing the losses. Thank you for reading. Hope my insight was helpful!by MatosPoljca4
DAY TRADE 015BYBIT:MKRUSDT.P Goodmorning people once again we are back with another trade this morning once again everything is pretty high up in the air, but I feel mkr here has a nicely structured bottom as it seems to have grabbed its liquidity point. we are chipping away here day in day out, I want to show you guys what consistency does in a raw type of way... not just me on YouTube in front of the camera spilling some stuff, just me. each day. new trade. We are running this as a 1:7.9 Thanks guys.Longby fusfamily1
MKR/USDT Break the Falling wedge, Ready to continue Up ??💎 MKR is undeniably on our radar. Currently, MKR is rebounding from a demand zone and is exhibiting patterns consistent with a bullish falling wedge formation. 💎 The recent daily candlestick closure as a bullish hammer further emphasizes the potential upward trajectory for MKR. However, for a more concrete bullish confirmation, it's essential for MKR to break out of the falling wedge formation. Achieving this could set the stage for MKR to target the supply zone. 💎 On the downside, if MKR fails to maintain its position within the demand zone and closes beneath it, we might witness a descent toward the Bullish OB region. In this scenario, any upward movement from the Bullish OB zone would transform the previous demand zone into a supply zone since it was breached. 💎 For a continued upward journey, MKR would need to surpass this new supply zone. Failure to do so could hint at a more extended downward trend, possibly reaching the robust support zone.by MyCryptoParadiseUpdated 5
MKRUSDTHello snipers, nothing is impossible. In the one-day time frame, the price is moving in an ascending channel. After hitting the ceiling of the overturned channel, the price crosses the midline and approaches the upcoming support. The price is above the 103-day moving average, which is a very strong support. All analyzes are only possibilities.by Hosseinshokrii3
Bid monday low, target monday high?Swept monday low, bidding retest, targetting monday high invalidation weekly lowLongby MisterBeast3
MKRUSDT_BEARISH TRENDTECHNICAL OUTLOOK: 1. Printing LH and LL 2. Descending Channel TRADE PLAN: I would recommend to go for Instant SellingShortby MBS-TRADES0
DAY TRADE 010BYBIT:MKRUSDT.P BYBIT:MKRUSDT.P Look at mkr from this point of view has me confident on the little area I have marked out 'little box' I think we see a reaction; I know that I am on a losing streak right now but that's a part of my game and I am being completely consistent through it which is all that matters to me. much love everyone.Longby fusfamily4
MKR target 185012h time frame - We've been talking about MKR since July 14th. Now it broke the bullish flag(yellow arrow), which is a strong sign. Currently MKR is retesting this flag, and here is also the support of uptrend line. According to previous perspective and analysis(ref.1 and ref.2), MKR has higher target over 1800. Therefore, here is a good position to set trading plan. TP: 1850~2000 SL: 1315 ref.1 Initial pump ref.2 Continuation structure Longby EthanTW2
MKR/USDT 4HInterval ReviewHello everyone, let's take a look at the MKR to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line. When we unfold the Fib Retracement grid, we can see that the price is above the support zone from $1,487 to $1,456, and then we mark the second strong zone from $1,406 to $1,371. Looking the other way, we see that the price is fighting in a strong resistance zone from $1,497 to $1,542, when we break out of this zone higher, the next resistance is at $1,601. It is worth paying attention to the STOCH indicator, which shows that the energy exceeds the upper limits of the range, which may translate into a rebound in the coming hours.by cryptodailyuk114
MKR LONGPredicting the next move of Maker DAO next divergence .... And the cycle continues...Longby Khane_tahlilgaran3
Trading MKRUSDT with Elliott: The Flip from Supply to Demand⚪ As we analyze MKRUSDT's price action, a critical development emerges. The breach of a significant supply zone from August 2022 piques our interest. ⚪ What's even more intriguing is the transformation of this zone into a potential demand area, halting the current pullback. ⚪ This presents an attractive buying opportunity for traders and investors. Moreover, according to the Elliott Wave theory, #Maker may be in the midst of its 3rd upward wave, with our target set around $1895 (a 427.2% Fibonacci resistance). ⚪ Our strategy revolves around waiting for another higher high on the daily chart before pursuing a strong buying opportunity, which we'll promptly share in our channel. Longby CryptoPAMM339
#MKRUSDT #LQR #TOBTC #LaqiraProtocolThe price after Break the daily resistance in the lower time is in the Bullish channel. If confirmation (candle after 4-hour pin bar is not yet confirmed) and matching with Bitcoin levels can try to Cross up from this Level or from the bottom of the channel. This analysis is the person's point of view and the offer is not buy or sell by tobtctrading1
MKR/USDT 1D Review ChartHello everyone, I invite you to review the MKR chart in pair with USDT, on a one-day time frame. First, we will use blue lines to mark the upward trend channel, which contains data around the additional range. Going forward, the point of support will be marked in the event of a larger correction. And here, the first one is our support zone from $1,404 to $1,539, then the zone at the border from $1,292 to $1,209, and then there is a strong shock near the support level at $967. On the other hand, the price reached the important resistance zone from $1,476 to $1,565, from which it was rejected. However, if you manage to get out of this zone, it will be in the second zone from $1,773 to $1,864. Please check the CHOP index, which indicates that we have a lot of energy at the exit of the movement, the RSI indicator, which is visible near the outer area, making it difficult to determine the direction, but when displayed on the STOCH indicator, to display a rebound to the exit of the border and the original exit from the place because the price went higher.by cryptodailyuk3
MKR ANALYSISMKR has been on a strong upward trend for some time now. A bearish CH can be seen on the chart and we also have an order block resistance zone. We are expected to move down to the specified targets. I specified the invalidation level, closing a 4-hour candle above this level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank Youby behdarkUpdated 5