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Dn0
Apr 1, 2024 4:50 PM

Long on Deso good opportunity 1/3 risk reward  Long

Decentralized Social / United States DollarCoinbase

Description

Given Deso's robust narrative and backing from significant investors in the crypto space, it's conceivable to work without a stop loss and continue opening additional positions by averaging the buying price. We're currently tracking BTC's movement, hoping it extends a bit further. Leveraging Bitcoin's retracement, we want initiated a long position at 26.50 on support, with a stop loss set at 24.56. Our targets stand at 33.40 and 42.80 respectively. This strategy is aimed at maximizing gains while acknowledging potential market fluctuations
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