Dego
Can DEGO Finance come back up?This is a low cap and low token supply coin. It is related to Defi, NFT's and Metaverse (important with today's hype). With some good news this coin could absolutely explode. Every time we saw the 20 MA cross the 50 MA we a nice pump, is it in the beginning of the pump rn? If not back to the downside...but I see it go back at least to the 0.5 fib extension level before that.
What do y'all think?
*not financial advice*
Binance: DEGO buy / long 1DBinance: DEGO buy / long 1D
Entry: 10
SL: 1D close below 8.5
TP: 14 - 16
Dego Finance (Dego) is a cross-chain NFT+DeFi protocol & infrastructure, and an open NFT ecosystem where anyone can mint NFTs, initiate NFT mining, auctions and trading.
Dego also offers a cross-chain infrastructure to enable blockchain projects to grow their user base, distribute tokens, and develop more diverse NFT-powered applications. The project is also building a parachain through Substrate, enabling cross-chain NFT asset transfers, combining applications and underlying protocols.
DEGO is the utility token of the Dego platform and has the following use cases:
Governance: DEGO token holders will vote on platform parameters to navigate the project’s economics and developments.
Incentives: DEGO tokens are used to incentivize user participation in bounty hunting, referrals and other programs in the future.
NFT Suite: DEGO tokens are required for NFT minting, staking, auction, trading and more.
System Tax: Users who transact with DEGO tokens will contribute to a dividend pool.
The platform includes the DEGO NFT Suite, offering a complete suite of products to manage the lifecycle of NFTs:
NFT Foundry: Mint NFTs with unique attributes and rarity grades by depositing DEGO, ERC-20, or BEP-20 tokens. DEGO Finance's NFTs are backed by the token deposits during the minting process, and can be decomposed to release the deposited tokens.
NFT Mining: Stake NFTs and mine rewards.
Auctions: NFT auctions are carried out in the form of FOMO3D auctions.
NFT Marketplace: Users can trade NFTs at Treasureland.
ScanDrop: A dApp for users to participate in NFT airdrops by scanning QR codes.
DEGO/USD 1D Time Frame buy & sell setupThe reason why you have buy DEGO
- Moving average golden cros
- Breakout trendline
🆓Dego Finance (DEGO) Nov-10 #DEGO $DEGODEGO is having a strong support at $9 and this can help DEGO continue to rise to $12, $14 and $18 in the near term. But if it loses the $9 zone, we can accumulate more DEGO in the $8 and $6.5 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 9$ zone
🔴Buy : 9
🔴Sell : 12 - 14 - 18
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 9$ zone
🔵Sell : 9
🔵Buy : 8 - 6.5
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
$DEGO Breakout: Retest of $13.64 --> Rally to $19.93From its ATH in March, $DEGO corrected 84% which bottomed near end of June. Since then, $DEGO has seen a pump of nearly 220%, peaking end of August. During bloody September, $DEGO saw a correction of nearly 53%, dipping below the 200EMA on the daily time frame. Since then we've seen some sideways trading, leaning toward the up-side. $DEGO is now comfortably above the 200EMA and looks to be ready to be sling-shotted from the 20EMA.
$DEGO is also forming a huge inverse head and shoulders pattern where we're nearing the neckline. I analyze a breakout to $13.64 where we'll retest the high of the Jun-Aug pump. From there, we'll see a minor correction and then rally up to $19.93, the high of Wave_B in the first large correction where we may see some resistance and side-ways trading. It should have enough momentum to break through the previous ATH and then head into price discovery.
DEGO is trying to break up....YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
🆓Dego Finance (DEGO) Oct-23 #DEGO $DEGOThe buying power is quite strong at the $8 zone and it is moving towards the $10 and $13 zone. But if it loses the $8 zone it will fall back to the $7 and $6 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 8$ zone
🔴Buy : 8.5 - 8
🔴Sell : 10 - 13
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 8$ zone
🔵Sell : 8
🔵Buy : 7 - 6
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
DEGO - very bullishDego finance double bottom against btc. Graph goods good and I think dego is prepared for it's bull run. There are also some speculations in crypto groups that DEGO is gonna be listed on Coinbase soon. Could be. Still, as I've said, dego's chart looks good at the moment, rsi is oversold, market cap is small, volume is growing, would go long eitherway. Be careful about bitcoin movement though.
red parallel lines - support
green parallel lines - goals
DEGO broke out resistance#DEGOUSDT
$DEGO broke out from descending resistance zone and price hold above a long term ascending support line, now price faced a long term resistance zone, that breaking this zone will reach price to a descending resistance around $11. If bulls success to break this line price will touch $23 and even $27 in long term. but don't be greedy and save profit in each target.
DEGO/USDTNot a financial advice
Potential double bottom and "W" pattern, which is the accumulation behavior. Also ascending triangle. Most probably price will recover soon and test resistance at 11.50$ and after at 12.50$ levels
If you decide to purchase, put a stop loss under the support line and HODL
DEGOUSDT Form a Rising Triangle on Daily ChartWe can see here DEGOUSDT is forming a rising triangle which is known as continuation pattern.
Current resistance is $11.64 and it's also a 50% fib level from previous high.
I personally wait for MACD signal to get into the wagon, but just like another alt coin it has to be linear with bitcoin price so i have to wait for bitcoin confirmation then decide to join after this MACD cross on DEGO.
Potential target is $11.64 and $13.38