DAO has clearly broken out of and retested the previous downtrend, shows signs of following the blue channel especially with the level of volume behind it. Don't forget to prepare for the case of it following the yellow channel and crashing, no matter how unlikely. Personal targets are already laid out with red horizontal lines, the dotted lines are possible levels of significant resistance/support. The green drawing is an ideal scenario and the pink is what I consider most likely
Good luck everyone, I hope you enjoyed my first post!
Good luck everyone, I hope you enjoyed my first post!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.