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figuring_out_the_dream
Jan 17, 2024 9:13 PM

DeSo - DESOUSDT - Ascending Channel Long

Decentralized Social / United States DollarCoinbase

Description

Greetings,

DeSo is one of our favorite coins for the upcoming bull run and it has been performing to justify that!

Currently it is in an ascending channel and trying to break out above. Previously $40 was a resistance but within the channel $40 has now become a support based on accumulation during past few days.

With Bitcoin ETF distraction now over, DeSo looks ready to grow. Once it crosses the $50 threshold, next few jumps should be faster until we get to $100 which will be a psychological resistance.

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Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
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