Mkr hourly mini c&h?Nothing too serious just watching mkr regain some price and watching the volume.
MKRUSDT trade ideas
MKR/USDT - 6/13 Technical Analysis. On a 1D TF, MKR/USDT is in a Descending triangle, broke up with huge volume. (Note: Typical a descending triangle is a bearish pattern). Due to CBPRO listing, MKR broke out of the descending triangle pattern couple of days back and now it retested the 0.618 FB which is 511$ will definitely act as a strong support. One should consider entering this as an accumulation phase with couple of days patiently to play this out. Risk reward of this trade is looking good.
My TP1 : 718$, TP2:1052$, TP3: 1595$
SL : 511$
If I had to guess.MKRUSD's movement has been very confusing for me.. It doesn't seem to react much to BTC so just a guess long term.
MKR / USDT Might have a crazy pump in the coming days because of that coinbase pro listing would keep an eye on it.
Break Out Retest?!Seems like this may be a break out with a little retest??? CBP Listing in two days!
C&H on the Daily for MKR/USDTThis is a possibility with everything coming out next week for MKR seems like this could play out nicely..
MKRUSDT Possibly good support found.. If this support holds around .236 area I think this will go up from here until the post CBP Pump.
Long MakerDAOMakerDAO is the favorite of the decentralized dollar projects. DAI is going to be important in spreading a stablecoin into regions of the world that have no physical bank locations. In 3rd world countries, people will never have to interact with a bank like JP Morgan. They'll leapfrog to platforms built on top of DAI and BTC that have everything a traditional bank has in more embedded in a decentralized cloud.
