MKRUSDT.PS trade ideas
Possible Price Action for MakerHi im a novice trader and I just wanted to share my thoughts on $MKR. To me the daily chart looks like its ready to break through the upper resistance of a macro triangle. Breakout of this resistance will be confirmed by bullish MACD crossover along with divergence from PSAR consolidation. Nobody really talks about this coin so I thought I'd share.
MKR - My Trading Plan in 5 mins!Hello everyone, sorry meant to say "MAKER" not "Mark Space" if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for MKR, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
$MKR is gearing up it seems! MKR
MKR Is giving me BTC Vibes before a breakout prior to ATH
it seems like it is gearing up into a diamond formation and the demand zone looks super strong.
That being said, i will DCA into those 3 areas between the 0.236 and 0 fib levels.
Potential increase: 150%
mid-term hold
will use super small capital for this trade
MKR path to $3kBullish and going long on Maker. BTC is eyeballing 60k and some of these purposeful cryptos have been too beaten down. BTC may gobble up market share for the next few days (given continued bullish momentum) but eventually these alts will begin to rip. MKR seems overdue, especially when looking at the weekly charts.
MKRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price can create a head and shoulders pattern and lead to a fall.
But if it breaks the resistance line upwards and stabilizes, it can start moving upwards.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
MKR - Head & ShouldersOver the last day, MKR has been one of the top 10 coins being hoarded by whale wallets. Price has also produced a nice head and shoulders pattern and is currently resisting the base.
Expected targets will be the peak of the last shoulder and head.
Bearish possibility also shown in the diagram.
MKRUSDT - Watch This LevelMAKER is approaching a very important level of price where if we break it, we will be bullish. However if we reject the 2600 level, we can see price coming back to the lows of 1800-1900 once more.
Will be keeping an eye on 2600 and if we break that level impulsively, we can look for a retest to take MKR higher.
MKR USDT SHORT SWING TRADE| MKRUSDT | SHORT @ 2380 - 2370 | TP @ 2360, 2350, 2340, 2330, 2320 | SL @ 2460 | PATTERN = DESCENDING TRIPLE BOTTOM BREAKDOWN |
PNF chart on the hourly shows a trend reversal, DESCENDING TRIPLE BOTTOM BREAKDOWN.
The strategies I use involve a mix of PNF and Renko. My type of trading is strictly swing trading.