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MKR / TetherUS

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MKRUSDT trade ideas

MKRUSDT market structure through Support and Resistance levels1. MKRUSDT trading pair is in a global downward price channel. 2. The violet zone is the price area where the most amount of volume was traded. Through identification of areas of support and resistance, we identify areas in the market which will form barriers to the trading timeframe trend. We`ve defined our battlefield. Price then moves within the framework defined by these levels, back and forth between levels of support and resistance, based on the decision making of traders.
by Deviantor_Wayne
MKR, no.1 TVL looks niceMKR just gained lots of in flow after the crash of UST and it is looking very good both in term of TVL dominance on ETH and price action chart. 1. 1000 USD is a solid support here if you want to buy or go long for a swing trade it is a good SL point. 2. MKR is no.1 TVL in couple of TOTALDEFI chart both seems to confirm with a confluence here. MKR STORSI/RSI seems to complete while TOTALDEFI shows an exhaustion gap and a rejection at fib 0.78. 3. If MKR can still function nicely without a problem of DAI peg dislocation, it might be the first in DEFI in recovery from the Bearish trend.
Long
by Thenonnn
💡Don't miss the great buy opportunity in MKRUSD @makerdao Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1927). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MKRUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 44 Take Profits: TP1= @ 2100 TP2= @ 2183 TP3= @ 2339 TP4= @ 2523 TP5= @ 2760 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
6
💡Don't miss the great buy opportunity in MKRUSD @makerdao Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1927). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MKRUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 44 Take Profits: TP1= @ 2100 TP2= @ 2183 TP3= @ 2339 TP4= @ 2523 TP5= @ 2760 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
6
MKR important supports and resistancesHello trading view community. Should you like this analysis please support with likes and comment your idea below the analysis. Thanks. Never risk more than you can afford to lose. Always DYOR. Having been broken the down trend channel, MKR surged up, though crashed down again and now headed toward its minthly support zone ($1949 in red) if marked crash down again due to BTC MKR may break its spport level downward to $1720 (in green), which is a daily support level, otherwise MKR may suege upward to reach $2179 & $3163 resistance zones respectively which are important weekly resistance levels. in case that BTC moves upward MKR after breaking $3163 weekly resistance level may reach again to $3963 monthly resistance zone which may happen in midterm. This is personal idea and I am not a financial adviser.
Long
by iBijan
1
MKR/USDT shortyMKR/USDT 🟢entry: $2391-$2311 ❌stoploss: $2506 🎯tp1: $2067-$2016 🔼potential %profit: +13.19% 🔽potential %loss: -6.59% r/r: 2 🐹the market is starting to slow down, range, and to show signs of exhaustion creating a local top. many markets are red on the day; one of markets that isn’t red yet is MKR. up +46% since the first week of march, i am setting up a short here to catch a potential correction. entry is in current range, stop-loss is above the range, target is at most recent local support. orders are layered through out the box to decrease the reliance on precise entries/exits. ✌️all good luck and always practice strict risk management.
MShort
by TylerPhilip