TheMacroPlaybook

DAGUSD - Weekly (Q4 Hopium Only Edition)

Long
KUCOIN:DAGUSDT   Constellation / Tether
Very different chart compared to most of the other altcoins I've looked at. Very clean ascending channel and price has consolidated back to the bottom trend line. There seems to be a confluence of support around the 0.14-0.19 range consisting of an order block, 20ma and fib level. Needs a confirmation of a bounce before entry.

If you were to enter now

Stop Loss under 0.14
Target: 2.63 (Fib extension level)

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