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MKR / TETHER Standard Futures

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MKRUSDT.PS trade ideas

MKR is still bearishFrom where we entered "start" on the chart, the price has entered the correction phase. According to the data we have on the chart, this correction looks like a diametric diamond pattern. A supply resistance range is formed on the chart, and if the price reaches this range, we expect the price to reject downwards. We expect that the last wave of this pattern will be completed on the green range and then the price will be pumped upwards. Closing a candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
1
MKR/USDT 1D Chart ReviewHello everyone, let's look at the 1D MKR to USDT chart, we can see how the price is moving in a descending triangle defined by yellow lines. Let's start by setting goals for the near future that we can include: T1 = $2,599 T2 = $2,946 T3 = $3,512 AND T4 = $3,909 Now let's move on to the stop loss in case of further market declines: SL1 = $2,200 SL2 = $1,890 SL3 = $1,724 AND SL4 = $1,407 When we look at the RSi indicator, we can see it moving around the middle of the range, with room to move in both directions. However, the STOCH indicator shows that we are bouncing off the upper limit, but the price movement itself is not large.
by cryptodailyuk
MKR looking for a M Higher low, High probabilty setup!! MKR is looking for a Monthly higher low. you can just buy in and use the Flush lows as stops as they have held 2 times now. Or you can get detiualed and enter a larger position with more focus as a daytrader. Sell partials and hope its the monthly higher low. H double bottom . But I am looking at the huge fairvalue gap from 2300 down. This would be and ideal place for a 4h HL that could also be a 12 h HL for a D bottoming pattern that looks like a "Batman" sign, a type of INV HS. It forms a type of rounding bottom and this qualifies as a backside entry for accumulation. We are using the BTC flush lows now as hard stops. Bulls want BTC to set a 4h HL and not break the flush lows. MKR bulls want to see a pattern of succesive HL´s on the 4h or 12h now to prove accumulation. to get MKR for a M higher low I will risk 3percent of account.
by ChartmanChris
MKRUSDT Losing Momentum and Ready for More Downward Move? Yello, Paradisers! Are you ready for a high-stakes scenario with #MKRUSDT? We have analyzed the asset and it seems ready for more downward move: 💎There's a strong likelihood of a bearish continuation as the #MKR heads to retest its key support at $2088 within the descending channel. This level has held up so far, but the fading trading volume and 3 times rejections from the channel's upper level hint at a further price drop toward the highlighted demand zone. 💎If #MKR breaks the support level at $2088, we expect a retest of the demand zone below this level due to the continuous selling pressure. 💎However, if #MakerDAO does not break below the $2088 support and instead climbs, the retest of the descending resistance of the channel and the Bearish Order Block (OB) above it is possible. This zone has consistently attracted heavy selling pressure and will likely drive the price further down once touched. 💎Should #MKR revisit this critical demand zone, securing a rebound is vital. Failure to recover here could fuel bullish momentum and increase the chances of a breakout from the current descending channel. This move will automatically invalidate the short scenario. Stay disciplined and focused on your trading strategy. If you master these principles, you will already be ahead of most traders. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Simon
1
MKR Monthly higher low fish. M higher low is likely getting setMKR huge bounce . was on my favourite list before the Drop. Setup is MKR looking for a M HL. 4 h broadening wedge currently in play. fishing the H HL and then the 4h HL trying to attempt getting the M HL. IF I get stopped out and BTC goes to 60k ish I will play MKR with considerable size for a M HL. so here I will be inclined to say that MKR M low could be in . there is def some accumulation.It always does its own thing too! Even if BTC goes D OS a chart like this is likely to get bought up again. or even hold this 4h low .
by ChartmanChris
Alikze »» MKR | Retest the bottom of the ascending channelIn the daily time, it is moving in an upward channel, which faced selling pressure after reacting to the supply zone and not being able to break the zone. 💎 Currently, according to the momentum and downward guard, after an attempt to the midline of the channel, it is continuing to correct to the bottom of the channel. 💎 According to the trading node and the previous major ceiling, this correction can continue until the green box area. 💎 Therefore, it is expected that after one attempt to the area, the correction will continue until the green box area. 💎 In addition, if it has the ability to break the supply area of the red box, it can retest the previous ceiling. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Short
by UnknownUnicorn7266498
MKR Weekly AnalysisMaker (MKR) has been the top loser of the week, with a correction of 13.11%. In April, MKR, a popular Layer 2 solution for Ethereum, experienced a sharp decline from $4,083 to $2,356. However, MKR quickly recovered and is now in an accumulation phase. Currently, MKR is forming a bullish pennant on the daily chart, indicating potential upward momentum if the price breaks above the pennant's upper trendline. The critical demand zone lies between $2,660 and $2,468, and if this zone holds, an uptrend is likely. Moving averages on the daily time frame suggest a strong sell signal, indicating short-term bearish momentum, while on the weekly time frame, they suggest a strong buy signal, indicating potential long-term bullish momentum. Oscillators on the daily chart also support a strong sell signal, while on the weekly chart, they remain neutral, indicating no clear dominance of either bulls or bears.
Long
by Mudrex
MKR/USDT ascending trendline bullish horizon? 👀🚀MKR Analysis💎 Paradisers, get ready for a promising opportunity with #MKRUSDT as it consistently follows an ascending trendline, enhancing the likelihood of a bullish trend continuation. 💎 Previously, we observed a shift where supply turned into demand, and the price demonstrated a strong bullish movement, forming a double top before dropping and respecting the ascending trendline as support. Currently, the price has revisited this trendline, and if it can maintain its momentum at this level, there's a high probability that #MAKER will continue its bullish trajectory along the trendline. 💎 It’s important to note that if the price fails to sustain its momentum along the ascending trendline, this could indicate a weakening of the bullish trend. In such a scenario, we are prepared to take advantage of a bullish rebound from the lower demand level at $2320. The significant liquidity at this level suggests that ASX:MKR could experience a robust bullish recovery. However, a break below this demand level could result in a substantial decrease in price. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
BNB/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the MKR to USDT chart on a 4-hour time frame. As you can see, the price broke sideways from the downward trend line. Let's start by determining the support line and as you can see, the first support in the near future is $2,658, if the support is broken, the next support is $2,274 and $1,777. Now let's move on to the resistance line, as you can see the first resistance is at $3,023, if you manage to break it, the next resistance will be at $3,438, then at $3,727 and then at $4,105. Looking at the RSI indicator, you can see that we are approaching support, which may result in another attempt to rebound the price, and the STOCH indicator shows that there is still some room left to go down before it increases again.
by cryptodailyuk