DEGOUSD
DEGO 12h There are volumes, interest, and price growthDego Finance is an independent, open NFT ecosystem where anyone can issue NFTs, initiate mining, auctions, and trading. It offers a diverse mix of NFT and Decentralized Finance (DeFi) tools.
The project was founded by an anonymous team in 2020 at the beginning of the hype growth of DeFi projects.
Since then, the DEGO (utility token) used to manage the Dego Finance ecosystem has grown in value from $0.50 to almost $35 , a modest x70 growth.
The DEGOUSDT pair price correction began in March 2021 and only in May-June was synchronized with the BTC price movement.
In recent days, trading volumes began to enter the DEGOUSD trading pair (perhaps there is a fundamental news reason for this? Write about it in the comments)
Increased volumes mean increased interest, and increased interest can trigger continued growth.
As of now, there is a possibility of growth in the price of DEGO to the levels of $13.50 and even to $18.50
Local support where buyers will activate buying $9.00-9.50
More global support , where the DEGO price may fall in the future, is in the $6.50 region.
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DEGO finance we broke down the bottom :(Same as all other Altcoins ! DeGO suffers the brutallity of the DUMP !
where would DEGO go from here ?
if bitcoins keeps on dumping DEGO might go even lower and lower below $1 and even below $0.50 !!
what should you do ? should i sell ? ==> No ! , hold and pray for bitcoin and the whole market recovery ! also if you think DEGO hit the bottom , try to buy more with more money so when it goes back up you can recover your losses faster and get out of that investment and try to invest in a more well known project like ADA or ONE or LINK etc...
new projects that are not well known might fade out in the shadows and may be revived after few years and may die !
Good luck and try to be realistic , no one can know the future , stop listening to youtube people saying DEGO will explode , DEGO will moon etc...
the first target is the double !!! (+400%)✅ Buy: 16 - 17.50 ✅
🎯TARGETS:
1- $29.23
2- $52.00 ( take profit for 60% -70%)
3- $88.50
⚠️⚠️ leverage up to 5x till the first target only ⚠️⚠️
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $12.95
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DEGOUSDT Triangle FormationDEGOUSDT (1H Chart) Technical Analysis Update
Triangle formation
DEGO/USDT currently trading at $18.00
Buy-level: Above $18.75 (only buy if 1h candle closes above the triangle)
Stop loss: Below $17.00
Target 1: $19.45
Target 2: $20.20
Target 3: $22.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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DEGOUSDTHi all,
DEGO is new coin on Binance exchange so chart isn´t so long... but TA give us awesome RRR. We have to try to go IN.
Who want - wait for touch of support line but I´ll go IN right now.
Danger: As always BTC and dominantion - because this is SHITcoin. So use SL and you can sleep well :-)
LbL_CZ