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MKR / UST

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MKRUST trade ideas

The Money MAKERMKR saw a huge rise in May 2021 followed by a sharp fall due to the market conditions at the time. Ever since, it has failed to get close to making a new ATH. It is currently trading just above one of its long-term support lines and will be testing its long-term resistance (black line) over the coming days. The volume being traded is low so MKR will only break through the resistance if there is good momentum. Until then I believe it will hold above its support and continue to trade close to it. In the event that there is enough volume to break the resistance, a strong bullish wave may form with potential mid to long-term targets marked on the chart. Please note that this is not financial advice and I am not a financial advisor. All ideas are for educational purposes only :) Please feel free to comment with your thoughts and ideas!
Long
by kush23456
2
Will MKR Coin Price Hit $2000 Before A Rebound?The weekly technical chart of the Maker hints towards a consolidated move in the asset price for the future. On coming to the daily chart, the asset has seen a breakout to the lower levels and may see the continuation. The upside move of the Maker may face a setback near $2600. The downside trend of the coin may see a bounceback near $2100. If the asset currently moves further below of more than 15 to 20% then a strong downside move can be observed.
by tcr_thecoinrepublic
MKR - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. MKR is sitting around a strong support zone in green so we will be looking for buy setups. on DAILY: MKR is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, MKR would be overall bearish can still trade lower till the lower green support before going up. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
4
MKRUSDT, Its time to buy one stepHello everybody Maker is one the most powerful project that is working on crypto and DAO base According to the chart you can see , after the price broke the trendline with the breakwave the price need to have correction and we shwon on chart the 2 important support zone area . The price impacted to the first support zone area and we expect the price to move upwards and re-test again the top of the breakwave and ... And we have key point level, until the key point is not break down and consolidation below the key point the potential to move upwards we have and expect it. Good Luck Abtin
Long
by Abtin00
MKRUSDT, Its time to buy one stepHello everybody Maker is one the most powerful project that is working on crypto and DAO base According to the chart you can see , after the price broke the trendline with the breakwave the price need to have correction and we shwon on chart the 2 important support zone area . The price impacted to the first support zone area and we expect the price to move upwards and re-test again the top of the breakwave and ... And we have key point level, until the key point is not break down and consolidation below the key point the potential to move upwards we have and expect it. Good Luck Abtin
Long
by Abtin00