ABCD Pattern with double Dragonfly ABCD Pattern with double Dragonfly on weekly candles indicating a bullish direction toward 161% Fib @ 2545
MKRUSDT trade ideas
Maker is cheap. See our reasons.Warning: our thoughts are ours; not financial advice.
We believe Maker is cheap right now. If we keep in the channel, we should be looking at a potential short-term target of about $3,900 per token.
MKR/USDT Nearest upside resistanceIt seems that price is likely to test 161.8% Fibs in a relatively short period of time.
MKR/USDT BUY SIGNALThe continuation of an uptrend should be starting from this point onwards unless the price produced a new lower low.
MKR longafter possible breakout from erosion rectangular ,MKR price can increase to two level of target.
First to the size of rectangular height and second to the size of flag
Bullish on MKRInverted head and shoulders pattern. Bullish on the Fib re-tracement zones leading back into the bear patch. If we can break the neck. We're away... Go Bulls!!!
MKR triangleMKR has formed a beautiful triangle pattern in h4 time frame .and it is about to break out but wait for confirmation.
Long, it should go long long wayI think it's self-explanatory, please make your observation before trading
my graphs are for educational purpose only
if it helps you please appreciate the effort.
buy zone below 2640
stop loss below 2450
T1 3100
T2 3800
T3 4500
best of luck
MKRUSDT (4H CHART)MKRUSDT (4H CHART) Technical Analysis Update
MKR/USDT currently trading at $1.44
Buy-level: above $2650
Stop loss: below $2360
Target 1: $2935
Target 2: $3225
Target 3: 3515
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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MKR/USDT IS ABOUT TO MEET YOUR MAKER 😉Hey hey my friends 👋
MKR is looking really good here, rounded bottoms are super bullish 🐮
Will be entering the break of the line, look for volume to confirm the move 🚀
Have fun, as always...practice safety 😉
MKRUSDT (MKR) - UPDATE ANALYSIS 🔎
- MKRUSDT brokeout above the descending triangle's inclined resistance and hit an ATH .
- The market then retraced for a retest of the flip horizontal support (S1) and fibonacci retracement levels.
- A bullish pin bar (hammer) was formed at the retest area.
- Price action is printing a descending triangle pattern .
- There's a possible uptrend continuation.
BUY ENTRY ⬆️
- Breakout above the descending triangle's inclined resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- ATH resistance
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the descending triangle's horizontal support.
MKR is a gold of this month. 100% profit potentialMKR is finishing consolidation phase and will go to retest 2050$ zone. The 4100$ target is reachable 🙏
..............................................................................................................................
SPOT
MKR / USDT
🔰Entry: 2050
Target1: 2660
Target2: 3100
Target3: 3650
Target4: 4100
⛔️ Stop Limit: 1840
<< INFO >>
R/R Ratio: 9.8
Full TP ~ 100.00%
Lost ~ -10.24%
⏱Time Zone: 19d
MKRUSDT (MKR) - UPTREND CONTINUATION ANALYSIS 🔎
- MKRUSDT brokeout above the descending triangle's inclined resistance and hit an ATH.
- The market then retraced for a retest of the flip horizontal support (S1) and fibonacci retracement levels.
- A bullish pin bar (hammer) was formed at the retest area.
- Price action is printing a symmetrical triangle pattern.
- There's a possible uptrend continuation.
BUY ENTRY ⬆️
- Aggressive entry (risky) : current market price (now).
- Conservative entry : breakout above the symmetrical triangle's inclined resistance.
TARGETS 🎯
- ATH resistance
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
MKRUSDT (Waiting for the resistance zone breakout)MKRUSDT (1H CHART) Technical Analysis Update
Waiting for the Resistance zone breakout
MKR/USDT currently trading at $2700
Buy-level: Above 2750 (only enter if 1h candle closes above the resistance zone
Stop loss: below $2450
Target 1: $3050
Target 2: $3500
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
MKR moon to $3300Got a nice bull flag with increasing reversal on RSI. We see selling volume is decreasing and buyers maybe moving in.
