DARUSDT has been trading in the bearish trend respected by falling wedge.
The price approached to the lower boundary multiple time and bulls hold the support zone .
Now the price has broken above the falling wedge.
The bulls can push the price much higher from breakout level.
Manage your trades accordingly.
Dar is and has been in the accumlation process for a midterm period which is clear because of the low negative volume compared to the high positive vol.
It's also noticed that is on the top of the downtrend channel with vol that gives us the power to break it and then retest it if the break succeeded, it will break the triple bottom pattern also.
I see it moving...
On the above 2-day chart price action has corrected over 80% since late November. Now is an excellent time to be bullish. Why?
1) A ‘incredible buy’ signal prints.
2) Regular bullish divergence. Lots of it. 11 oscillators are currently printing bullish divergence with price action.
3) A dragonfly DOJI candle prints. (Under oscillator signal).
4) Price action...
* None of what i write here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose your money.
There are big buy volumes on DAR, but price consolidation is being seen due to lots of people taking profits from previous buys.
BUt the big volumes and all other indicator seems to direct towards a move up
For investors of $DAR, I know it is difficult to wait to recover. In my expectation, it is going to reach $0.80 levels for this month. Hope we can get good opportunity to catch it!
This is not a financial advice.
DAR/USDT Braking Rising Wedge Pattern moving down we reach TP 1 waiting for more TP enjoy FREE MONEY
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
We are monitoring DAR as well. We see how is is getting squeezed in that right here and showing some bullish signs. Our targets are set with blue lines and our entries are set across red zone. Stop is must at $0.25.
If you like ideas provided by our team you can show us your support by liking and commenting.