MKR/USDT High Probability Setup Revealed!Yello Paradisers! Are you ready to seize a golden opportunity in the crypto market? 🚀 MKRUSDT is currently showcasing a high probability setup that might be your next big win! 🤑
💎MKRUSDT has formed a falling wedge and is showing a W pattern within the bullish order block (OB) zone. Here’s what you need to know:
💎If the price breaks out and closes a candle above the resistance zone, it will validate both the W pattern and the falling wedge. This would significantly increase the probability of a bullish move.
💎In case of a pullback, we can expect a bounce from the bullish OB zone. However, we need to see an I-CHoCH (Internal Change of Character) towards the bullish side for confirmation.
💎 If the price breaks down and closes a candle below the bullish OB zone, it will invalidate our entire bullish outlook and pattern.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
MKRUSDT
MKR/USDT 333% Huge Profit Analysis:MKR/USDT 333% Huge Profit Analysis:
ASX:MKR Now trading at $2070. I hope you booked huge profit from this trade.
Our Entry was: $550 ✅
TP1: $900 ✅
TP2: $1137 ✅
TP3: $2315 ✅ ( only 1% away from high )
Profit: 333% in 8 months.
Hope you enjoyed My chart analysis.
IMO in the Bull Market, #MKR will hit my All Targets.
#Bullrun2024
MKR to 2024 in 2024 "E wave and Fib Analysis"MKR is Life Maker as we all know this One
WHAT A COIN to trade
Just AMAZING !
Just saw the next trade based on the Wave trend analysis
@1420
we are looking to follow the bigger GREEN wave in the 5th wave
this 5th wave can come in 3 waves
like the previous two did (Marked Yellow)
BUY @1420
TP1 1764
TP 2 1876
TP3 1987
TPX 2024
This is happening in the beginnig of 2024
Lets see if this Baby is gonna make it to 2024 in 2024
We have Higher targets for this one
As Last waves FIB 1.619 is @2313
but that we shall discuss at higher zone
for now a trade is marked on chart
this is based on a pattern recently formed on Daily
I am following this
Lets try to love this entry till the targets
"thats the idea"
keeping SL below last swing low 1211
MKR/USDT : Anticipate a rally towards the 1200-1300 USDT range ?
In this MKR/USDT technical analysis, we delve into the potential trading opportunities for Maker (MKR) against the US Dollar Tether (USDT).
1. Buying Area at 850-880 USDT:
The MKR/USDT pair has established a significant buying area in the range of 850-880 USDT. Traders looking to enter the market may consider long positions within this range, taking advantage of the historically favorable risk-reward ratio.
2. Rally Towards 1200-1300 USDT:
Our analysis indicates a high probability of a potential price rally in the MKR/USDT pair. Following the establishment of support in the buying area, a bullish momentum can be expected till 1200-1300 USDT range.
3. Bullish Order Block Confirmation:
Adding to the bullish outlook, the presence of a bullish order block within the buying area (850-880 USDT) enhances the potential for an upward move.
This aligns with our analysis of the buying area as a strong support region and reinforces the probability of a bullish reversal.
Conclusion:
As always, traders are advised to practice proper risk management and stay informed about market developments while executing their trading strategies.
💡Don't miss the great buy opportunity in MKRUSD @MakerDAOTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3485.14).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKRUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 4100.14
TP2= @ 4628.64
TP3= @ 5359.64
TP4= @ 5853.13
TP5= @ 6346.62
SL= Break below S2
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💡Don't miss the great buy opportunity in MKRUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (1360).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKR/TetherUS is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1547
TP2= @ 1630
TP3= @ 1715
TP4= @ 1801
TP5= @ 1976
TP6= @ 2200
TP7= @ 2500
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 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 ❤️