$MKR/#BTC [#Maker]: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $MKR / $BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.04643 | 0.05059 | 0.06174, and the major support zones can be found at 0.03528 | 0.02829 | 0.01714. Consider entering at the current price zone of 0.03384 and targeting higher levels.
◰◲ General info :
▣ Name: Maker
▣ Rank: 58
▣ Exhanges: Binance, Kucoin, Poloniex, Huobipro
▣ Category/Sector: Financial - Lending
▣ Overview: Maker is a peer-to-contract lending platform enabling over-collateralized loans by locking Ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. Dai's stability is achieved through a dynamic system of collateralized debt positions, autonomous feedback mechanisms and incentives for external actors. Once generated, Dai can be freely sent to others, used as payments for goods and services, or held as long term savings.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.03384 ₿
▣ 24HVol: 33.667 ₿
▣ 24H Chng: 1.774%
▣ 7-Days Chng: -26.47%
▣ 1-Month Chng: -2.17%
▣ 3-Months Chng: 18.41%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.04643 | 0.05059 | 0.06174
◢ Support: 0.03528 | 0.02829 | 0.01714
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: 1.65
▣ Last 90D: 1.69
▣ Last 1-Y: -0.29
▣ Last 3-Y: 0.70
◲◰ Volatility :
▣ Last 30D: 1.09
▣ Last 90D: 0.87
▣ Last 1-Y: 1.00
▣ Last 3-Y: 1.30
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.42 - Bearish
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.57 - Bullish
▣ In-depth MKRBTC technical analysis on Tradingview TA page
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