MKR Deep Liquidity Bouncedeep liquidity tested and bounced. If support is found look for rise to local resistance.
MKRBTC trade ideas
MKR: Big Breakout PossibleMKR could break through this resistance and start a new wave. I expect the price to go up once the resistance is broken.
MKRBTCForming a huge symmetrical triangle. Currently testing strong resistance to touch top of triangle. Possible reversal and test support of triangle. Waiting for entry point here.
💡Don't miss the great buy opportunity in MKRBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0233).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKR/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 0.0352
TP2= @ 0.0415
TP3= @ 0.0538
TP4= @ 0.0624
TP5= @ 0.0734
TP6= @ 0.1000
SL= Break below S2
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💡Don't miss the great buy opportunity in MKRBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0233).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKR/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 0.0352
TP2= @ 0.0415
TP3= @ 0.0538
TP4= @ 0.0624
TP5= @ 0.0734
TP6= @ 0.1000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
Two Months Recovered In 3 Days, Maker New UptrendIn the last 3 days, Maker (MKRBTC) has recovered as much as 2 months of bleeding and starting a new uptrend.
This is another signal that speaks positively as to what is happening with the altcoins market in the coming weeks.
We are seeing many altcoins recover printing strong growth/green.
This is only the beginning of course, and just as this Altcoin grows, many more will follow with similar results.
Namaste.
MKRBTC - Long - Potential 14.15%MKRBTC - Long - Potential 14.15%
Entry- 23061
TP1- 24129
TP2- 26325
SL- 20987
- BTC - Volatile as ever. Manage trade.
- RR - 1.57
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
MKRBTC Looking For a BreakoutMKR is gearing up for a breakout. While many alts have seen large gains and breakouts from this same pattern, MKR has not.
However the volume has been bullish on this potential reversal pattern, suggesting people are hoping for a breakout here.
The bullish candles have all had significantly higher volume than the bearish ones.
It is not overextended on any indicators, which is a good sign that it can have some momentum if it breaks out.
People have been finding entries on the 0.236 and 0.382 fib levels, so it makes sense to have a stop below the 0.236 at this time.
If there is a breakout and then the price goes back below the 0.236, it would mean the breakout is invalidated.
Stop Limit: 0.023050
Limit: 0.023100
Stop Loss: 0.021600
Profit 1: 0.025300
If it does break out, the stop can be moved up to secure profits.
Love it, bouncing off a 1.618 , MAs flattening. Good project.As described really. One for the dungeon buyers. Cant see too much risk here and fundamentals are fine. TA wise, well as described :).
MKR/BTCMKR/BTC
The pair of commissions knows that very strong rebates are going up and down As shown in the graph, we will now sell even The support line is in contact with us and we are making purchases
MAKER - opportunity vs BTC: Double bottomMAKER entering a solid buy level, this token rarely spends time down here. As long as support stays strong, gains should be good. I still believe this is a strong coin going forward.
MKR triple challengePlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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- Downtrend is valid
- Below 200EMA
- MACD lines coming together
- Positive: inside golden pocket
Will you take a position in Maker?
Eyeing Up MKR/BTCInteresting 17 month long head & shoulders pattern developing on MKR. Target is 2x head to neckline measurement, that would also re-test the horizontal resistance and beginning of neckline from June 2019 high. Price otherwise looking for support from the VPVR Point of Control around 0.047, while RSI has broken back into neutral territory from bearish. CMF has flipped bullish.
MKRBTC is trying to have a breakout 🦐MKRBTC is trying to have a breakout from the descending channel.
The price is testing the weekly resistance, According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Maker (MKR) A New Giant In The Making? Project Overview About Maker
A better money
Digital currency that can be used by anyone, anywhere, anytime.
Maker is a smart contract platform on the Ethereum chain that backs and stabilizes the value of stablecoin DAI through a dynamic system of Collateralized Debt Positions (CDP), autonomous feedback mechanisms, and appropriately incentivized external actors. MKR tokens are created or destroyed in accordance with price fluctuations of the DAI coin in order to keep it as close to $1 USD as possible, and is part of a fully inspectable system on the Ethereum blockchain. MKR tokens are also used to pay transaction fees on the Maker system, and provides holders with voting rights within Maker’s continuous approval voting system.
Website: makerdao.com/en/
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MKR UPRUN CONTINUATIONMKR has retraced and accumulated enough to resume the uptrend. It's a good buy entry now>
Buy: 56600-53600
Sell: 58700-61200-65000-68900-73000-76900-81000-85100
Stoploss: 51000
TA bearish on $MKRNothing bullish about this chart
$MKR is one of biggest DEFI coins, DAI is getting bigger all the time, but the MKR chart is not convincing
Maker - let's moon trading inside a weekly triangle, looks good here to breakout, BE CAREFUL OF THE WICKS! (look on the left side of chart)
