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Dexe

Bitcoin cycleBitcoin is approaching to the end of the 1st quarter of the cycle (ends in November) It will start consolidation/correcting. Bitcoin dominance is on the rise and its higher than the previous cycle, but it usually drops when Bitcoin is consolidating in the first quarter of the cycle. Defi, dexes and ecosystems are going to move BUT it seems the narrative in this cycle that will last until mid November is: btc, bch, Dodge& Shibu and Gaming of course! Gaming do well whenever they want . Making games a good mid to long term good investment, regardless of the market either a bear or a bull. Defi and dexes are stagnant so far. in this cycle That's why you don't go all in one segment but diversify
COINBASE:BTCUSD
by valek87
DEXE quick tradeDEXE seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 13.35 and even higher. Check the related idea to get the bigger picture. ENTRY : local high @ 12.53 SL : local low @ 12.29 TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 13.35 RRR : 3.4 INVALIDATION : when SL level hit Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
1
DEXEBUSD { DEXE } - BULLISH SETUPANALYSIS 🔎 - DEXEBUSD hit an all time high and retraced. - Price retested the all-time low support (@2.618). - There was a relatively high concentration of buyers at that zone. - The downtrend was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - This is a bullish signal. - Price then hit a swing high (@23.499) and retraced. - The retracement was bounded in the falling wedge pattern - Price then retested the key fibonacci retracement zone (0.5 - 0.618 - 0.786) and brokeout above the falling wedge resistance, hitting a lower swing high (@17.7). - Price is currently retesting the falling wedge resistance, horizontal support level (@12.2) and key fibonacci retracement zone. - This current retracement is resisted by a descending trendline resistance (not quite visible on this timeframe). - Breakout above this descending trendline resistance could be an uptrend continuation signal. BUY ENTRY ⬆️ - Market entry: current market price. - Stop limit entry: breakout above the descending trendline resistance. - Limit entry: retest of the horizontal support level (@10.475) TARGETS 🎯 - Horizontal resistance level (@17.7). - Horizontal resistance level (@23.499). - Horizontal resistance level (@31.873). SETUP INVALIDATION ❌ - Initial invalidation: breakdown below the horizontal support level (@10.475). - Final invalidation: breakdown below the 0.786 fibonacci retracement level. Eğlence 🥂
DLong
by Chibuike_Odoh
DEXEUSDT { DEXE } - BULLISH SETUPANALYSIS 🔎 - DEXEUSDT was bounded in the falling wedge pattern. - A 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 a symmetrical triangle pattern. - There's a breakout potential BUY ENTRY ⬆️ - Breakout above the symmetrical triangle's inclined resistance. TARGETS 🎯 - Horizontal resistance level (@11.88). - Horizontal resistance level (@12.85). - Horizontal resistance level (@15.424). SETUP INVALIDATION ❌ - Breakdown below the symmetrical triangle's inclined support.
Long
by Chibuike_Odoh
5