bowtrix

Trade the breakout in ~2 days

Long
bowtrix Updated   
BINANCE:DEGOUSDT   DEGO / TetherUS
Being a new token, we think that Dego would like to break out to the upside so we are waiting for a 4 hour candle with substantial volume to close above the white trendline of the triangle. Profit will be taken at the upper extreme of the resistance region and we can stop loss below the green support region.
Comment:
I think the support region has moved lower but the triangle is intact and potentially about to break upwards.

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