MKR is a gold of this month. 100% profit potentialMKR is finishing consolidation phase and will go to retest 2050$ zone. The 4100$ target is reachable 🙏
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SPOT
MKR / USDT
🔰Entry: 2050
Target1: 2660
Target2: 3100
Target3: 3650
Target4: 4100
⛔️ Stop Limit: 1840
<< INFO >>
R/R Ratio: 9.8
Full TP ~ 100.00%
Lost ~ -10.24%
⏱Time Zone: 19d
MKRUSDT.PS trade ideas
MKRUSDT (MKR) - UPTREND CONTINUATION ANALYSIS 🔎
- MKRUSDT brokeout above the descending triangle's inclined resistance and hit an ATH.
- The market then retraced for a retest of the flip horizontal support (S1) and fibonacci retracement levels.
- A bullish pin bar (hammer) was formed at the retest area.
- Price action is printing a symmetrical triangle pattern.
- There's a possible uptrend continuation.
BUY ENTRY ⬆️
- Aggressive entry (risky) : current market price (now).
- Conservative entry : breakout above the symmetrical triangle's inclined resistance.
TARGETS 🎯
- ATH resistance
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
MKRUSDT (Waiting for the resistance zone breakout)MKRUSDT (1H CHART) Technical Analysis Update
Waiting for the Resistance zone breakout
MKR/USDT currently trading at $2700
Buy-level: Above 2750 (only enter if 1h candle closes above the resistance zone
Stop loss: below $2450
Target 1: $3050
Target 2: $3500
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Optimistic price projection for the next scenarios in MKRUSDT 4HTechnical analysis regarding the price of MAKER in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Price broke through this bullish channel which also coincides with a region of considerable resistance. Financial volume gaining proportion also making the candles normal and proportional to the volume that is readjusting in its main upward trend.
Parabolic SAR gaining oscillation at low price, guiding you.
Exponential Moving Averages gaining significant distance and following the primary upward trend! I strongly believe in the potential of this cryptography in the medium/long term.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
MKRUSDT (Resistance level breakout)MKRUSDT (4H CHART) Technical Analysis Update
MKR/USDT currently trading at $2040
Buy-level:$2000- $2100( only enter long after 4h candle closes above 2000 level)
Stop loss: $1642
Target 1: $2500
Target 2: $3000
Target 3: $3500
target 4: $4000
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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$MKR/USDT 12h (Binance Fut.) Symmetrical triangle near breakoutMaker is looking bullish again, I expect it to break out and resume the uptrend supported by 50MA!
Current Price= 1591.11
Buy Entry= 1593.82 - 1520.02
Take Profit= 1970.17 | 2328.06 | 2879.52
Stop Loss= 1327.57
Risk/Reward= 1:1.8 | 1:3.35 | 1:5.75
Expected Profit= +26.50% | +49.48% | +84.89%
Possible Loss= -14.76%
Fib. Retracement= 1 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 480h