Not a financial advice
Potential double bottom and "W" pattern, which is the accumulation behavior. Also ascending triangle. Most probably price will recover soon and test resistance at 11.50$ and after at 12.50$ levels
If you decide to purchase, put a stop loss under the support line and HODL
Potential double bottom and "W" pattern, which is the accumulation behavior. Also ascending triangle. Most probably price will recover soon and test resistance at 11.50$ and after at 12.50$ levels
If you decide to purchase, put a stop loss under the support line and HODL
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Potential Cup and Handle pattern on 1hr timeframe, which is is the pattern for a trend continuation, expecting it to break the neck resistance up to the upper resistance, which is around 12.5$ level
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Here comes the volume and huge green candles that we all like
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Hope you are still holding and managed to make some gains
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As for now, we failed to break resistance but I am still holding and do not have any plans to sell
Also, if you check 1w timeframe, we have a pattern, similar to Cup & Handle and if it is true, then potential target will equal the height of cup + the height handle, which is around 23-25$ level but let's await a bit and see, if it occurs
Also, if you check 1w timeframe, we have a pattern, similar to Cup & Handle and if it is true, then potential target will equal the height of cup + the height handle, which is around 23-25$ level but let's await a bit and see, if it occurs
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We have managed to break descending resistance and in order to continue an uptrend we need to close and stay above 12.5$-12.8$ level, if it happens, I will expect achieving a level around 18$
Weekly RSI has a lot of space for growth, hence I incline to move to an upper level but await and check after
Weekly RSI has a lot of space for growth, hence I incline to move to an upper level but await and check after
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We could not stay above the support line and after the growth we formed Head and Shoulders pattern on 1h timeframe. I am expecting to see some bounce within the nearest time and then continue an uptrend
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Also if you check 1D timeframe you will notice that we bounce from the 10MA, which is the bullish sign but let's see how it gets closed
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Potential inverse Head and Shoulder pattern on 1H timeframe, which is an accumulation pattern, so most probably we will recover in price soon
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As for now, BTC is making some bearish moves and if you check 1W timeframe of BTC it made a red candle with upper and down wick, which reflects uncertainty, hence we might test $42k on BTC, therefore DEGO will drop as well, so be ready and buy the dip with extra cash
Not a financial advice
Not a financial advice
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As for now BTC formed DOUBLE TOP pattern and if the neck gets broken, then the target equals the height of the double top, which is around $45k, if it happens, I expect to see a dego under 11$ but I will buy the dips
Not a financial advice
Not a financial advice
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We are back in a channel, therefore expecting price to recoved, unless BTC gets dropped
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On 1H timeframe we are in a side channel(accumulation) and RSI is growing, expecting to get resistance broken soon and restore in price, 13$ level is waiting for us
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We are at a bottom of a channel now, basically support line, if we break it downward, we will plummet a bit, so be ready
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If we manage to break 11.5$ and stay above, then 12.5$ is the next one
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Double bottom or "W" pattern on 1H timeframe, which is the accumulative and trend reversal pattern. We should break the downward resistance
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RSI is growing, need to break a downward channel on a volume and we are ready to go to 12,50$ level
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Breaking our local resistance, once we do it, it would be fantastic to get a retest on a small sale volume and after move to 12.80$ area of resistance
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My crystal ball says we will see 14$ soon...
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BTC is the party ruiner...
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If we close under 11$ area, we will see some cheaper prices
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Party is going on. Diamond hands
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We are at the decisive point, 1W candle closes in few hours and it is engulfing our previous green candle, which does not look very promising, despite the growth of Bitcoin but diamond hands are holding, I would also recommend to put a stop loss under our local support area
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We have closed 1D and 1W candles better than I expected and we have managed to break our local resistance as well. Wanna see some price recovery soon
What I really don't like is our Greed and Fear index, which is at Extreme Greed level, therefore there might be some correction on Bitcoin soon, which is not good for us in short term, but let's see how it goes, I also recommend to keep a stop loss and advance it, once we rise in price to book some profits in case of flash crash
What I really don't like is our Greed and Fear index, which is at Extreme Greed level, therefore there might be some correction on Bitcoin soon, which is not good for us in short term, but let's see how it goes, I also recommend to keep a stop loss and advance it, once we rise in price to book some profits in case of flash crash
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Buying volume is getting increased, that is a good sign, expecting the price to test 11.70$ resistance area
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Sold at 11.95-12$, we should bounce back around this area. As I mentioned before the market is kind of overbought, hence a slight spill of Bitcoin and alts are going down
I also expect Bitcoin to restore its price and make another leg up to $55k area and fix some profits there and in USDT in order to buy the dips as we have been growing without any substantial correction
I also expect Bitcoin to restore its price and make another leg up to $55k area and fix some profits there and in USDT in order to buy the dips as we have been growing without any substantial correction
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Re-bought.
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Buying the dip...
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Hope you had an opportunity to add more and you did not panic sell
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Bullish divergences on RSI on lower timeframe(30M), also potential inverse Head & Shoulders, someone is accumulating....
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Fear & Greed index turned in Fear now, I wonder, whether we will see a pump of dego soon :) 1D candlesticks have a long bottom wicks, which means bulls are trying to hold this price level and they are buying
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1W candle closes soon with the bear engulfing, which is not good, let's see, if we can defend our support area
Honestly speaking, I cannot imagine BTC under 40k, unless there is another flash crash simultaneously with the stock market
Honestly speaking, I cannot imagine BTC under 40k, unless there is another flash crash simultaneously with the stock market
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Still holding and cost averaging is my everything
If you are still doubtful about BTC and recent drop. MicroStrategy's average buy price is around 27k, so do you still think we can see that price in the nearest future? Really doubt it
DEGO's the highest price was around 31$ and I still expect to see it
DIAMOND HANDS
If you are still doubtful about BTC and recent drop. MicroStrategy's average buy price is around 27k, so do you still think we can see that price in the nearest future? Really doubt it
DEGO's the highest price was around 31$ and I still expect to see it
DIAMOND HANDS
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4H timeframe, we are in accumulation sideway channel, RSI is growing making bullish divergences, expecting price to recover soon
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Sorry for the late reply, most probably you are disconcert after the today's plummeting but most probably it was the last dump(I have added more DEGO) before the actual appreciation
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Just, if you are still curious - I am still holding
1H timeframe - potential inverse Head and Shoulders, expecting price to recover, once we break its neck
And on higher timeframe we have a Cup and Handle and we are trying to break it, once we do this - target is 11$
Hope you have used this dip time to increase your DEGO volume
1H timeframe - potential inverse Head and Shoulders, expecting price to recover, once we break its neck
And on higher timeframe we have a Cup and Handle and we are trying to break it, once we do this - target is 11$
Hope you have used this dip time to increase your DEGO volume