$DEGO broke out from descending resistance zone and price hold above a long term ascending support line, now price faced a long term resistance zone, that breaking this zone will reach price to a descending resistance around $11. If bulls success to break this line price will touch $23 and even $27 in long term. but don't be greedy and save profit in each target.
Dego is located in this channel and the probability of a black line is higher. I see Head and Shoulders pattern in charts and RSI. At the moment, the price is close to the canal resistance.If the break up channel, my targets are:
just keep an eye on DEGO moving ...
FA : dont forget its a game token and that segment of market is stiil badly hot .
Whatever it looks, first do your own research then have an exit plan .
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This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can...
We can see here DEGOUSDT is forming a rising triangle which is known as continuation pattern.
Current resistance is $11.64 and it's also a 50% fib level from previous high.
I personally wait for MACD signal to get into the wagon, but just like another alt coin it has to be linear with bitcoin price so i have to wait for bitcoin confirmation then decide to join...
Not a financial advice
Potential double bottom and "W" pattern, which is the accumulation behavior. Also ascending triangle. Most probably price will recover soon and test resistance at 11.50$ and after at 12.50$ levels
If you decide to purchase, put a stop loss under the support line and HODL
Hi dear friends, hope you are well and welcome to the new trade setup of Dego Finance (DEGO) token.
Previously we had a nice trade of Dego:
Now on a 4-hourly chart, the price line of DEGO has formed bullish Gartley...
DEGO is still trying to conquer the $11 zone but continues to be rejected. At the moment, the $9 zone is still a very strong buying zone and if it doesn't lose this zone, it will probably conquer the $11 zone to advance to the $14 and $17 zones this August. However, if DEGO loses the $9 zone, it will fall back to the $6 zone
🔴Buy : 8.8-9.2$. SL if B
Hi dear friends, hope you are well and welcome to the new update on Dego Finance (DEGO) token with Bitcoin pair.
Previously we had a nice trade of DEGO:
Now on 4-hourly chart, the price line of DEGO has formed bullish BAT...
Dego Finance is an independent, open NFT ecosystem where anyone can issue NFTs, initiate mining, auctions, and trading. It offers a diverse mix of NFT and Decentralized Finance (DeFi) tools.
The project was founded by an anonymous team in 2020 at the beginning of the hype growth of DeFi projects.
Since then, the DEGO (utility token) used to manage the Dego...
Dego trying to break the falling wedge. Wait for the confirmation and enter
Target 1 - $6.093
Target 2 - $7.922
Target 3 - $10.282
Target 4 - $15.884
Target 5 - ATH
This is not financial advice please DYOR and place stop loss below $3.92
BINANCE:DEGOBTC Formed higher low after forming double bottom support area,
Now with the breaking the 0.00017 level, we maybe ready for another impulsive move up.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to...