MKR OutlookNice symmetrical pattern here. breakout imminent. Could see a little bit of resistance in the 552 area.
***First day of posting would love some feedback***
MKRUST trade ideas
mkrusdtAccording to Fibo level for ABC correction and seeing the pivots on RSI oscillator, it can be guess that the complete behavior of it, is like tringle.
The Short Term ShortThis chart will either drop now or will make a higher high to complete a lower degree structure before the drop. Either ways i will keep you updated. Remember to buy the low and sell the high.
mkrusdbased on the script to BTC pair:
have a good volume, hammer pattern, big consolidation zone we can expect huge move on USDT pair
wish luck, SOUPP CAPITAL
MKRUSDT (Reversing From Support Zone)#MKRUSDT Technical Analysis Update
Reversing From Support Zone
We can see several times MKR touched support zone, now it's trading in the support Level. I believe it's going to bounce from the support level
MKR/USDT currently trading at $520
LONG ENTRY level: $ 500 - 520
STOP LOSS: below $490
Resistance level 1( Target): $555
Resistance level 2 (Target ): $600
Resistance level 3(Target): $650
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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$MKR/USDT 8h (Binance Futures) Ascending triangle on support#Maker DAO is looking ready for a big move up like his little brother Compound already did.
On lower Time Frame we can see an ascending channel forming as well, this could lead the way up if doesn't pull-back more.
Current Price= 544.91
Buy Entry= 544.80 - 534.00
Take Profit= 561.69 | 586.21 | 617.15
Stop Loss= 517.11
Risk/Reward= 1:1 | 1:2.68 | 1:4.21
Expected Profit= +8.26% | +17.36% | +28.82%
Possible Loss= -8.26%
Fib. Retracement= 0.382 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 720h
MKRUSDTPERP - Long - Potential 9.46%MKRUSDTPERP - Long - Potential 9.46%
Entry- 556.10
TP1- 573.22
TP2- 608.72
SL- 529.64
Optional Leverage: 3X - 5X
- BTC on 3rd retest so expected volatility - High Risk
- RR - 2
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
MKR Maker upside potentialMaker is looking bullish on lower timeframes.
Buy and Sell Signal forecast on 3 timeframes:
Buy on 1 hour timeframe
Buy on 5h timeframe
Buy on the daily chart
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
MKRUSDT (Reversing from Support Zone)MKR/USDT Currently Trading at $525
LONG Entry Level $515 to $525
Stoploss: below 498
Resistance Level 1: $560
Resistance level 2: $600
Risk Reward Ratio: 1:3
ALWAYS KEEP STOPLOSS...
MKR - USDTThis Coin not moving yet
Only risk taker can buy NOW ( 543 )
or waiting 515 - 530 area
TP green Line
SL under Red Line
DWYOR
MKRUSDTPrice is printing an ascending triangle pattern. Breakout above pattern resistance could be a bullish signal ⬆️.
$MKR MakerDAO LONG TARGETSMakerDAO (MKR) is in a bullish swing and this is proved true by the higher highs formed on the chart. MKR is on its way to close out the top of this valley it formed in late August.
On this 4h chart we can see MKR trying to regain access inside this wedge as well as the $580 support level.
If MKR continues going upwards and finds these levels of support, the LONG Targets are as follows
TP1 🎯 $599
TP2 🎯 $628
TP3 🎯 $718 (Close out the Top of the Valley)
MKR Community Greenlight Polls
The MakerDAO governance facilitators have placed a governance poll into the voting system which asks whether the following assets should be prioritized for inclusion in the Maker Protocol by the domain teams.
If greenlight votes exceed defer votes, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding assets as collateral to the Maker Protocol
UNI-V2-USDT-ETH (Uniswap USDT-WETH Liquidty Tokens)
aUSDC (Aave USDC)
CRO (Crypto.com Coin)
UNI-V2-WBTC-ETH (Uniswap WBTC-WETH Liquidty Tokens)
UNI (Uniswap)
cUSDC (Compound USDC cToken)
OST-1 (UPRETS Oosten Fund I LP)
yUSD (yyCRV)
KF-DROP (Kickfurther DROP)
OMG (OMG Network)
CRV (Curve DAO Token)
Monthly MIP's Governance Poll
The Governance Facilitators have placed the MIP3: Monthly Governance Poll into the voting system. This poll asks whether the bundled contents of this month's Governance Cycle should proceed to an Executive Vote to be held on October 26th, 2020.
In saying all of this, there are obviously intrinsic factors to holding the Maker Protocol, because you get a certain amount of voting power just like a democracy.
As always please do your own research, I am not a financial advisor.
MKRUSDT AnalysisPeople who bought MKR on the last week of September, enjoy your 20% PROFIT that you made in 2 weeks!
As of now, since there are no sell signals, you don't need to sell it. But, the candle is on the resistance level at the moment, so if you'd like to take some profit, you can sell.
If you haven't bought MKR yet, and if you want to buy, there are 3 BUY signals are present at the moment and risk-reward ratio is higher than 2, so you can buy right now.
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
