DEGOUSDT - HUGE VOLUME SPIKE NOW WHAT TO DO!Alright, let's sprinkle in some charm and make this analysis even more engaging! 😄
Alright, buckle up traders, because we're about to dissect DEGOUSDT and map out a potential path to profits. 💰 Forget the noise; we're focusing on precision and probabilities, guided by cold, hard data and a disciplined approach. I've identified a key area on the DEGOUSDT chart, marked by the blue box you see there. 🟦 This isn't just some arbitrary zone; it represents a potential resistance level, an area where sellers might step in and halt any upward momentum. 🤔
Now, let's be crystal clear. Simply seeing a blue box isn't a signal to blindly short. 🙅♀️ This is where the art and science of trading intertwine, and where your disciplined approach, informed by my analysis, will set you apart from the herd. The key here is patience, a virtue often overlooked but absolutely essential for consistently profitable trading. 🧘♀️
We need to see how the price action reacts when it approaches this blue zone. Are we seeing an increase in volume as the price tests this level? 📈 Is the Cumulative Delta Volume (CDV) confirming that sellers are indeed stepping in and pushing the price back down? 🐻 These are the critical clues we need to validate our short idea. Don't jump the gun! Trading without confirmation is a dangerous game, a gamble where the odds are stacked against you. 🎲 Let the market tell you what it wants to do, and then react accordingly. 👂
But remember, the market is a dynamic beast, constantly evolving. 🌍 That’s why I have a core principle, a bedrock belief that anchors my trading: "I will not insist on my short idea. If the levels suddenly break upwards and do not give a downward break in the low time frame, I will not evaluate it. If they break upwards with volume and give a retest, I will look long." This isn't just a rule; it's a mindset, a commitment to adapting to the market's signals rather than clinging to a preconceived notion. 🧠
Therefore, pay attention to the lower time frames (LTF). This is where the real magic happens. ✨ If the price breaks above the blue box with significant volume and then retests it, turning what was once resistance into support, we have a completely different scenario. 🐂 We'd then be looking for long opportunities, capitalizing on the newfound bullish momentum. The retest is the critical confirmation. It shows that buyers are willing to defend this level, solidifying its new role as support. 💪
Listen closely. 👂 Ignoring these confirmations and simply hoping your initial bias is correct is a recipe for disaster. 😩 You need a clear plan, a set of rules, and the discipline to execute them flawlessly. That’s what I strive to provide with every analysis, but you need to follow me closely to see it through. 👀 This isn't about getting lucky; it's about consistently applying a proven methodology to identify high-probability trading setups. 🎯
The market doesn't care about your opinions or your hopes and dreams. It only responds to price action, volume, and liquidity. Master these elements, and you'll master the market. 👑 Fail to do so, and you'll become just another statistic. 💔 So, stay tuned, stay patient, and let's navigate these treacherous waters together. 🤝 By following my guidance, you'll gain the edge you need to thrive in this competitive arena. Don't be left behind while others are profiting. This is your chance to elevate your trading game. Don't miss out!
📌I keep my charts clean and simple because I believe clarity leads to better decisions.
📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups.
📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
🔑I have a long list of my proven technique below:
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
📊 XNOUSDT %80 Reaction with a Simple Blue Box!
📊 BELUSDT Amazing %120 Reaction!
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
DEGOUSDT
#DEGO/USDT#DEGO
The price is moving within a descending channel on the 1-hour frame and is expected to continue lower.
We have a trend to stabilize below the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a resistance area at the upper limit of the channel at 1.823.
Entry price: 1.803
First target: 1.77
Second target: 1.74
Third target: 1.700
DEGO (SPOT)BINANCE:DEGOUSDT
DEGO / USDT
1D time frame ( wait for the price to come to buying zone)
analysis tools
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SMC
FVG
Trend lines
Fibonacci
Support & resistance
MACD Cross
EMA Cross
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Golden Advices.
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* Please calculate your losses before any entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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My total posts
www.tradingview.com
#DEGO/USDT#DEGO
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.75
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.86
First target 1.90
Second target 2.00
Third target 2.10
ACHUSDT UPDATEACHUSDT is a cryptocurrency trading at $0.03285. Its target price is $0.06500, indicating a potential 90%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about ACHUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. ACHUSDT is poised for a potential breakout and substantial gains.
#DEGO/USDT#DEGO
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 2.10
Entry price 2.28
First target 2.47
Second target 2.65
Third target 2.85
Dego/Usdt Plan Dego/USDT is currently consolidating within a box setup on the higher time frame. This consolidation phase often indicates accumulation, which could lead to a significant breakout in either direction.
The current setup suggests patience is key, as a breakout from this range could result in a strong directional move. Traders should closely monitor the price action near the box boundaries, as a confirmed breakout could open the door to substantial gains. However, always manage your risk and avoid over-leveraging, as fakeouts are possible.
As always, this is not financial advice—conduct your own research before making any decisions.
#DEGO (SPOT) entry range( 1.320- 1.620) T.(2.900) SL(1.270)BINANCE:DEGOUSDT
entry range( 1.320- 1.620)
Target1 (2.456) - Target2 (2.900)
2 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (1.270)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO ****
#DEGO/USDT#DEGO
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 1.555
We have an upward trend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.83
First target 2.02
Second target 2.30
Third target 2.60
#DEGO/USDT#DEGO
Our price is moving downwards on a 4-hour frame and is about to break through to the upside in 3 stages
We have a bounce from the lower border of the channel from the support area at 1.44 and we have a green support level at 1.60.
We have a tendency to stabilize above the Moving Average 100
We have an uptrend on the RSI indicator that is heading up
Entry price is 1.60
The first goal is 1.88
Second goal 2.11
Third goal 2.40
DEGOUSDT.1DLooking at the daily chart for DEGO/USDT (Dego Finance paired with US Dollar Tether), several key technical indicators and trends stand out that guide my trading decisions:
Trend Analysis
The price of DEGO has been in a prolonged downtrend as indicated by the downward trajectory since May 2024. Recently, there was an attempt to reverse this trend as the price moved above the descending trendline S1, signaling a potential shift in market sentiment.
Support and Resistance Levels
R1 ($1.791) and R2 ($1.995): These levels act as immediate resistance zones. R1 is particularly important as it has recently been tested. R2, slightly higher, may serve as a secondary target if the price continues to rally.
S2 ($1.220): This level now acts as the key support after the recent upward movement. Its role will be crucial if there's a retracement in the price.
S3: Although not specifically marked with a price on this chart, it would typically be the next significant lower level below S2, possibly around previous lows.
Technical Indicators
MACD: The Moving Average Convergence Divergence is trending upward, with the histogram showing increased momentum which is a bullish signal.
RSI: The Relative Strength Index is near 62.74, suggesting that the asset is approaching overbought conditions but still has room for upward movement before becoming overly extended.
Current Market Position
The price at approximately $1.563 is above S2 but below R1. The recent spike in price and the position of the RSI and MACD suggest bullish momentum that could test R1 in the near future.
Trading Strategy
Given the current setup, my strategy would be cautiously bullish. I would consider taking a long position near the current levels with a tight stop loss just below S2, aiming for a target at R1. If R1 is broken with significant volume and confirmed by the MACD and RSI staying strong, extending the target to R2 might be viable. However, due to the volatile nature of DEGO, maintaining tight stop losses and re-evaluating positions frequently would be essential.
Conclusion
The chart presents a potential for short-term bullish action within a long-term bearish context. It's important to manage risk effectively, particularly in crypto assets like DEGO, which can exhibit high volatility. This analysis will need to be updated as the market develops, especially if new highs or lows are tested, or if the indicators show signs of reversal.
#DEGO/USDT#DEGO
The price is moving in a downward channel on a 4-hour frame and is adhering to it well, and the price has rebounded from the green zone. It is expected after the correction.
After rebounding from a significant decline, the downside gap is expected to be filled
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is expected to break higher to support the rise
Entry price is 2.20
The first goal is 2.54
Second goal 2.76
Third goal 3.00
#DEGO/USDT#DEGO
The price is moving in a head and shoulders pattern on a 4-hour frame, and the right shoulder has been completed
We have a strong upward trend in the RSI indicator, and the price sticks to the price
It is expected to rise at 3 levels. Entry price: 3.79
First goal 3.84
Second goal 4.09
The third goal is 4.32
the stop below the right shoulder
DEGO ANALYSIS🔮 #DEGO Analysis 💰💰
🌟🚀 As we can see that there is a formation of Falling Wedge Pattern in #DEGO in 4hr time frame. Also it is trading above its support zone. Breakout above the descending resistanve leads to a rally towards $3.411 📈📈
🔖Current Price --- $2.141
🎯Target Price -----$3.411
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #DEGO . 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#DEGO #Cryptocurrency #DYOR
DEGO |:-:| DEGO FINANCE ~ Launchpad 🪙Hello 👋 it's me your RAJ 🙂 professional trader ✨
This idea 💡
is completely my own analysis to explain situation _&_ market conditions of CRYPTO:DEGOUSD 🪙
How this coin valid for long term 📌 explained clearly BASED on history 🤪 & #TA 📌 #DYOR
Note 👉 coin 🪙 have potential High risk 🔥 $0 to hero 😂
😆 Present circulation supply was 14.3M by the end of 2025 , it will be 20M
Only #CZ & binance holding 60% supply 😆 less supply easily manipulated 👀
I recommend PPL to go with unwanted liquid 💰 CRYPTOBETTING 👀
Don't try to use all liquid 💰 or 20% of ur long term liquid bag 💰 just give 5% below priority
::-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-::
BUY || accumulation phase 📍
⚡ $0.45 - $2.2 ( below / above just stop 🛑 )
+
|| 👉 Sell :|: distribution phase 👈 ||
🎯 :: $10-13
🎯 :: $30-50
🎯 :: $138-187
🎯 :: $580-752 ++++++
🗝️ Try get ur liquid 💰 back at $10.5 above I used to call as " principal trade "
🗝️ Close 20% bag at $12-13
🗝️ Close 60% bag at $30-50
I am not expecting more than $300 but based on #TA with #FA provided
No technical data history to explain about technical analysis ⏰
I have done 👍 my research 🔎 on LAUNCHPAD projects based on funding i review this 👀
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🪩 disclaimer :
▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌
Note 👀
👉 keeping comments , reacting with emojis , pointing us is very easy to some people
They think 💬 what they see 📌 that was knowledge 📌
We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important
Economical conditions
Fundamentals
Technical
News
Sentiments
Checking macro to micro having good plan and build it is very important ☺️
Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛
I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post
Try to understand, try to learn - try to move with flexibility with market is important
Have good day 😊