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brendanwenzel
Mar 22, 2021 9:33 AM

Dao Maker Seems to Have Limited Upside, But Will Go Up Long

DAO Maker / TetherKuCoin

Description

The upper limit seems to be the longer term pitch fork resistance. It hit it almost perfectly the last ATH.

It just broke through a shorter consolidation triangle and has upward momentum, there are a few roadblocks to setting ATHs again.

My plan is to buy at $7.80 and sell 75% at $8.40. This will add to my long-term stash almost free.

There is also a TON of seller in the upper $8 range in the market depth chart.

I'm really bullish on what they are doing at Dao Maker long-term. Good team and solid business plan.

I just don't want to carry a lot of risk since someone could theoretically unstake and dump it all post any of these launches.

I'll add where I can and if it can back off that upper line a bit, I'm more interested in keeping more.
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