Today was disaster, most accounts stopped and the whales ready to take it to the moon. Look at that wonderfull rising triangle, if you have patient do not sell and wait.
DEGO/USDT LONG breakout imminent ! , however all depends on BTC ,
BTC needs to stabilize or rise up slowly .. !
then prediction would be fulfilled .
downside : if BTC keeps on dumping this won't look good for all / most ALTS !! including DEGO i am afraid !
i have a bag of DEGO i am HODLING , this is normal , in worst case scenario all would be down for the next 2...
Hopefully have a nice bounce off the support line and retest the down trendline, 30%+ gains then i expect it to continue on a downward trajectory...
if botcoin suddenly pumps i can see this going to its last ATH.
This is daily chart. Today is the 4th consecutive days of decresing, just like the last time.On fifth day it pumps. If it repeats the same pattern,tomorrow is the pump day.Main support is around 16,800.
Lets watch what will happen on March 26th.
DEGO is at its important support at 18$ zone, if it keeps losing this zone, it will go down gradually to 14$ zone. But if the buying force come back to push it up, it will turn back and move up to 22$, 26$ and even 36$ zone in the next few days
📈BUY
-Buy: 17.5-18.5$. SL if B
-Buy: 21.5-22.5$ if A. SL if B
📉SELL
-Sell: 21.5-22.5$. SL if A
-Sell: 26-27$. SL if...
CONTINUATION of yesterdays idea ..
DEGO has been fooling around and gathering a lot of support. Looks like she's about to blow. Stayed above support triangle and has been trending sideways, possibly building momentum for its break as it comes to the end of it's downward trend. Lets go DEGO💎🚀🏁+
(P.S. Feel free to give input/constructive criticism, still learning😄😛)
DEGO looks like its on a bullish descending triangle paired with some reasonable resistance that is DEGO currently struggling at the moment. Volumes have been really huge.
Very interesting setup for this coin, will keep a look on it for the next days..
ANALYSIS 🔎
- DEGOUSDT hit an ATH and retraced.
- Price retested the flip horizontal support (FHS) and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There was a relatively high concentration of buyers at the retest zone.
- The retracement was bounded in the falling wedge (FW-1) pattern.
- A falling wedge pattern is a bullish reversal pattern.
- Price...
- base on Eliot analysis, I think DEGO is starting its 3-3 supercycle and can pump to 34 and next to 64 $
- It breakout its trend and zone as dynamic and static resistance
- the volume is satisfiable
