Dao Maker Seems to Have Limited Upside, But Will Go Up
The upper limit seems to be the longer term pitch fork resistance. It hit it almost perfectly the last ATH.
It just broke through a shorter consolidation triangle and has upward momentum, there are a few roadblocks to setting ATHs again.
My plan is to buy at $7.80 and sell 75% at $8.40. This will add to my long-term stash almost free.
There is also a TON of seller in the upper $8 range in the market depth chart.
I'm really bullish on what they are doing at Dao Maker long-term. Good team and solid business plan.
I just don't want to carry a lot of risk since someone could theoretically unstake and dump it all post any of these launches.
I'll add where I can and if it can back off that upper line a bit, I'm more interested in keeping more.
It just broke through a shorter consolidation triangle and has upward momentum, there are a few roadblocks to setting ATHs again.
My plan is to buy at $7.80 and sell 75% at $8.40. This will add to my long-term stash almost free.
There is also a TON of seller in the upper $8 range in the market depth chart.
I'm really bullish on what they are doing at Dao Maker long-term. Good team and solid business plan.
I just don't want to carry a lot of risk since someone could theoretically unstake and dump it all post any of these launches.
I'll add where I can and if it can back off that upper line a bit, I'm more interested in keeping more.
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