Looks like dag has completed an irregular falt correction where wave B overshoots the start of the A. Needless to say I expect a strong w3 here to about .45-.50c CRYPTOCAP:USDT
Altcoin Update 2. Potential Gems for the Next Bull Run! Welcome to this quick update! For those who've been following me, you know I share altcoins at the onset of a bull run. Well, we're already in one! In this update, I'll highlight some of the most promising altcoins poised for the next two years. Featured Altcoin: DAG on Kucoin DAG is an impressive project...
This pattern is still in the process of forming. Possible bullish price movement towards the resistance within the next 2 hours.
DAGBTC has show tremendous strength. One of the very few best performers during this downturn in the market. Clearly much stronger than the rest and pushed higher than several key levels. Versus the USD it doesn't look as strong, but this massive base in BTC terms will probably come to an end and this could fly.
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...
just wait for it ... long term investing not financial advice! have a great day
DAGBTC forming a double bottom in this flat correction. A clear buying zone at this bottom price for me - short term 12x bagger at least. DYOR
Pretty clear where this is going, TP1 at 0,016, TP2 0,02. Beautiful run up after clear corrective pattern. This is one of those "altcoins" that are actually in an altseason. C wave ends in ath.
DAGBTC - Kucoin - After going on a massive run DAG has had a nice and slow drawn out correction and has now found previous Support/Resistance. Have already entered this trade but am revising New stop Loss here to reduce the risk. This is a low cap coin so position size needs to reflect that. I have only a small position as original stop loss was 44% but RR 8.15 so...
$DAG looks to be back in a heavy accumulation zone, with 80 sats being the bottom and 105 sats being the top. By the looks of it, I expect to see this staying here for at least a few more weeks. I would start building a long position with bids around 80 to 90 sats. Once accumulation is over, I am expecting fireworks!
Looking at $DAG as one of the lower caps with potential for a big run with $BTC dominance breaking down. Currently, $DAG is at horizontal resistance of about 105 sats after bouncing off horizontal and diagonal support at 92 sats. This one is tough, as there might be a slightly better entry in the coming days below 105 sats, but not a guarantee. Last time $DAG...
$DAG has bounced ~60% from its recent low and is currently sitting in a falling wedge. Expect some sideways movement for the next few days before a break out!
The chart says it all. These breakouts of the descending triangle are happening all over just now and are great indicators for big moves upwards,