how to maker 640 into 500KNFA
DYOR
y axis only
maker sitting on the launchpad of wave 3 of 3 of 3
circulating supply 977K
One of the cleanest wave structures in crypto imho
Key stats
About Maker
MAKER : The uptrend is finish soonHello.
• The Final target of the Maker should be here or around 1410-1440$.
• We have a beautiful Elliot waves. 5 waves is soon finish.
• The retracement should be at 970 dollars. 0.5 FIB and the last big support of W formation.
Good luck.
✴️ Maker Hits Highest Price Since October 2022I am always surprised by these super expensive Altcoins and how they can grow and grow regardless of their super high price... Tells you how strong the market is.
Here Maker has gone above the limits on the RSI and the MACD is now strongly bullish but allowing more.
This bullish wave can continue
#MAKER can DoubleBig Inverse H&S on #MKR
The Head and shoulders Top met it's price target
which gives confidence in this reversal pattern to also be met
MAKERDAO MKR : Are you ready for the dump?Let's talk a little about #MAKERDAO and #MKR token.
Did you know that this protocol works exactly like #Terra #Luna?
Abstract from WhitePaper
"If the Collateral Auction does not raise enough Dai to cover the Vault’s outstanding obligation, the deficit is converted into Protocol debt. Protocol de
MKRUSD under heavy Resistance. Bearish below it, bullish above.Maker (MKRUSD) has had an incredible bullish run since June 12, being currently on the 6th straight green 1W (weekly) candle. This rally has taken a stop on the 1W MA200 (orange trend-line) two weeks ago but more importantly it faces an even stronger Resistance from the October 03 2022 High at 1165.
MKRUSD giving very clear breakout signalsMKRUSD is approaching the MA200 (1w) which is untouched since October 17th 2022.
The price has already closed over the MA50 (1w) last week for the first time since March 28th 2022, giving a clear long term buy signal.
A closing above the MA200 as well, is the next buy signal to take advantage of.
T
Maker (MKR)Maker chart is interesting and odd at the same time. A rapid ascent followed by a slower correction that reached the bottom, making a big triangle form. MKR broke both the major and minor downtrend lines, and it seems posed for an upward impulse wave. Let's see what happens.
The bears are meat for the bulls to eat!The only road at this point is up! COINBASE:MKRUSD is sitting on a ton of weekly support as you can see. This is a point that the bears become meat for the bulls to eat! ;-)
Bullish!
36k $MKR - 2025COINBASE:MKRUSD is moving forward after this bear market. After doing some analysis, this is my final thoughts so far.
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