DEGO finance bottomed $20 soon ?From the chart using FIBO retracement we can clearly see that DEGO has found support on lvl 0 ! well that's the bottom , i don't think we can see the price fropping lower than that !
the DIP has been sharp and swift , therefore a hard reversal is expected to $20 ~ $21 lvl !
hopefully if DEGO team bring up some good news or special events DEGO might continue to go up above $30 lvl !
Good Luck !
DEGOUSDT
DEGOUSDT IMPULSE WAVE ON THE MOVEAssalamualaikum and hello fellow trader,
It seems like DEGO pattern is trying to make an impulsive wave which we know is money baggs!
Price is at Bollinger lower band, fuel level (RSI) is enough for the aeroplane to fly,
If you take a look at a larger time frame, potential Cup and Handle pattern is possible,
again! market is very volatile so please always put a stop loss!
its okay to miss the trip to the moon,
rather than miss the trip back to earth. Its a very lonely situation ahahaha.
Do leave comment and suggestion cuz im very new, so i can improve myself.
Have A nice day!!
and this is not a financial advise.
DEGO finance bottomed + HUOBI exchange listing !DEGO finance bottomed + HUOBI exchange listing !
We just witnessed a spike of the price regardless of btc still dumping , besides there's a small change in DEGO/BTC pair where DEGO is outperforming BTC a bit !
this just happened right after DEGO finding support at around $12 area and DEGO FINANCE team announcing there might be HUOBI listing soon , this in my opinion ( Not a financial advice ! ) an opportunity where we could see DEGO finally breaking $20 resistance and head to $25~$30 area !
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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thank you
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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DEGO testing the support zoneDEGO is an NFT and DeFi project and NFT coins are doing very well in this bull run. DEGO now testing the support line and we expecting a good bounce from here. DEGO broke the long downtrend with a big volume candle and now accumulation is going on for the next leg up.
Buy Zone: $16.8 - $17
Target: $18.78 - $19.94 - $21.2 - $23.6 - $26.8 - $28.9 - $31.3 - $34.4 - $38.7
DEGOUSDT (DEGO FINANCE) - BULLISH SETUP ANALYSIS 🔎
- DEGOUSDT hit an ATH and retraced.
- Price retested the flip horizontal support (FHS) and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There was a relatively high concentration of buyers at the retest zone.
- The retracement was bounded in the falling wedge (FW) pattern.
- The falling wedge pattern is a bullish reversal pattern.
- Price brokeout above the falling wedge's resistance as expected.
- This is a bullish signal.
- Price action is printing the double bottom neckline on pattern.
- The double bottom pattern is a bullish reversal pattern.
- The downtrend at the right bottom was resisted by the descending trendline resistance (DTR).
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
BUY ENTRY ⬆️
- Market price.
TARGETS 🎯
- Horizontal resistance level (R1) / Neckline resistance (NR).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Initial invalidation : breakdown below the double bottom horizontal support level (S1).
- Final invalidation : breakdown below the 0.786 fibonacci retracement level.
DEGOUSDTDego Finance is a NFT+DeFi protocol and infrastructure with two functions: The project acts as an independent and open NFT ecosystem drawing users to the blockchain space. The NFT Suite offers services covering the full NFT lifecycle, enabling anyone to issue NFTs, participate in auctions, and trade NFTs.
Donation
We are a team scattered around the globe and decentralization is our cause. We are grateful to all supporters thus far. To help DEGO sustain and build better products, we have decided to accept donations and here is the address for incoming donations. The use of each donation will be made public on chain
ETH: 0x9Eb779Db80A0eA201EBa506b8708550B4BF633eF
BTC: 1Pv7yLWSsfj5FpJzornfaS9yhq3SBqbBVA
TRON: TGXvXcPZZofkkLYhE6hkXMTUj5cdKZYgp2
Polkadot: 13myyNpFTbmaDPh59EaBpQ4efodWk3GKKq5edK72dC9puFmH
Binance Smart Chain: 0x9Eb779Db80A0eA201EBa506b8708550B4BF633eF
DEGOUSDT Waiting for the falling wedge breakoutDEGOUSDT (4H CHART) Technical Analysis Update
Waiting for the falling wedge breakout
DEGO/USDT currently trading at $17.80
Long Entry-level: only buy after the resistance line breakout
Stop loss: I will update once I see the breakout
Target 1: $24
Target 2: $30
Target 3: $35
Target 4: $40
ALWAYS KEEP STOP LOSS...
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