DEGO is long and should be in anyone's radar. First target as seen in the chart with high probability. I am not going to reveal what's coming next. I will stop here and will update if the target is hit. It is very worthwhile to be looked at.
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Target almost reached but it has come through near the previous supply zone that deters it from continuation.
Trade closed: target reached
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Target has been reached and there is still more momentum.
Trade closed: target reached
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Target before was reached and exceeded and now has reached it accurately on the daily frame. TBH, I have been in this business for a while and I don't see that happens frequently in crypto but yes it happens in the bond, stock and forex. One more thing suspicious about this is that there is barely an increase in volume when using the Binance platform unlike Tradingview. I am not comparing the two platforms, but if it is true volume hasn't much increased as seen, RSI also shows a slight strength, that means there will be more targets to reach.
Trade active
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For those who were long at later stages, here is another chance for the stock to move a little higher I guess. A bottom head n' shoulders has been formed in which neckline is partially penetrated and with a spike in volume which could be a double edge weapon. The neckline point is 1.796 (make sure it does not break down). A possible target is 1.90.
lol is this coin just pump n dump? what is the purpose of doing this hahah
mohammadz588
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as per the chart it will hit first target (2 $) in 5 oct, am I right ? it is possible to hit 4 $ by the end if 2022?
gamall1987
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@mohammadz588, well targets are beyond the levels you mentioned. Technical analysis suggests that DEGO is able to reach above 50 cent! But of course the road is bumpy and there are whales eating eating each other. I am looking for a short term analysis only.