DAG blasted through the previous local high and is now restesting it. That resistance level has become a support level. Perfect buy entry opportunity:
* Flipped previous resistance into support.
* Volume increase.
* Daily upward trend continuation.
Stop Loss: ~0.083
Only Up from here!
DAGUSDT came out of a nice accumulation range since the pair launched. Before that it looked like a massive accumulation on DAGBTC which actually had a strong move up but then came all the way back down. Made a new ATL just short term and then continued much much higher. The current pattern doesn't look exactly like a pennant or a flag, but it definitely a bullish...
I espect this lately touch of the underside to make the last touch till the break of the neckline I expect some trully bullish moves for dag. Hbar is also a very good project but Dag is more convenient for me.
Constellation has been ranging in its own bear market for a very long while however, with all coins popping, it too exploded. Price action is likely to print a parabola just like many other low cap coins. I believe it is worth taking a close look at Constellation.
All the indicators appear to be pointing to price increase. Strong confirmation of bottom off trend line support with Adam and Eve formation on 8H and Daily. Waiting for weekly confirmation- looking great so far for continuation.
A number of fundamental details support this speculation. We are anticipating exchanges and more news near the end of November 2020. In conjunction with this we are also anticipating a number of significant milestones with the development and launch of Lattice- Constellation Network's first major product to run on Hypergraph exclusively in the not so distant future.
Break the lower Bollinger Band and near the channel support. Renko chart still on bearish mode. Can still go lower, but I think it's better to start accumulating. Trade with caution.
Disclaimer: Trading and investing have risk. So always do your own research and trade at your own risk.