DREP/BTC -approaching a key area of support at 28 sat -if we can see buying present in this area for the next 1-2 days -like multiple bullish rejection candles which signals a potential reversal -enter a good Buy position with a stop loss below key support -you will have a good risk to reward ratio on this trade
DREP/BTC -broke bearish of the rising wedge -the strong support is located at 32-28 -I'm expecting buyers to re-enter the market in that zone
Hello, Traders. The price seems to broken an uptrend channel on the bearish direction I would stay out of long positions on this asset until we have a better confirmation. The target is the key level around the 30 satoshis area. The price will be looking bullish if we go inside the bullish channel and this all movement will be considered a Bear Trap. Push the...
DREP signal was first posted at 17 sats. We are already up 280% since the entry and it retraced back. Currently a 30% rally is likely form the breakout point which gives us the targets: 48 54 Entry around 41 to 43 sats can be taken with a SL at 39 sats. Stay tuned for more updates. Follow me if you haven't yet. Like and share your views in the comment section.
Please like, share your ideas, comments & follow. DREP Foundation has got a lot of updates scheduled till December 2021.
If Drep is able to break the triangle we could see a huge upward move again, hold your horses for the small pull back on the triangle