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DEXEBUSD

DEXEBUSD POSSIBLE HITSHey everyone, its been quite a while. Dexe coin crossed my mind whilst taking a sharp analysis of the most rated coin "Bitcoin" and i really cant keep this on my archives. Dexe has two possible hits which are in side way directions, a daily close above the strong r level ($13.2) will validate an uptrend to the major r level at $15 then followed by a new uptrend to the target price ($25). In the event we see a downturn to the mid s level and the support level, it'd be a perfect time to buy more of this coin regardless of the state of btc. Eke, looking at the core of alt coins they could determine the next possible phase of bitcoin. Trajectories of these s\r levels have been provided on chart. You can drop a line if you've got questions. Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
DLong
by Pearl-A
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
DEXE/BUSD { DEXE } - BULLISH SETUPANALYSIS 🔎 - DEXE/BUSD is printing an ascending triangle pattern. - An ascending triangle pattern is a bullish build up pattern. - Price is retesting the ascending triangle's inclined support. - There's a relatively high concentration of buyers at this zone. - The minor downtrend was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - This is a bullish signal. BUY ENTRY ⬆️ - Current market price. TARGETS 🎯 - Horizontal resistance level (@19.5). - Ascending triangle's horizontal resistance (@23.5). - Further breakout above the ascending triangle's horizontal resistance could lead to a pump to the fibonacci extension levels (not indicated on the chat though). SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
DLong
by Chibuike_Odoh
4
DEXE/BUSD { DEXE } - BULLISH SETUPANALYSIS 🔎 - DEXE/BUSD brokeout above the double bottom neckline resistance. - The market hit a swing high and retraced. - Price is retesting the neckline resistance and key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There is a relatively high concentration of buyers at the retest zone (High buying pressure). - The retracement was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - Price action is printing a symmetrical triangle pattern. - There's an uptrend continuation potential. BUY ENTRY ⬆️ - Breakout above the symmetrical triangle's inclined resistance. TARGETS 🎯 - Horizontal resistance level (@16.50). - Horizontal resistance level (@21.28). - Horizontal resistance level (@22.90). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Initial invalidation: breakdown below the symmetrical triangle's inclined support. - Final invalidation: breakdown below the 0.786 fibonacci retracement level.
DLong
by Chibuike_Odoh
5
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. - Price is retesting the key fibonacci retracement zone (0.5 - 0.618 - 0.786) and descending trendline resistance. - Price action is undergoing a possible double bottom pattern formation. - The double bottom pattern is a bullish reversal pattern. - There's an uptrend continuation potential. BUY ENTRY ⬆️ - Aggressive entry (more profitable): current market price. - Conservative entry (higher success rate): breakout above the double bottom neckline resistance (@17.7). TARGETS 🎯 - Horizontal resistance level (@23.499). - Horizontal resistance level (@31.873). - Horizontal resistance level (@36.571). SETUP INVALIDATION ❌ - Initial invalidation: breakdown below the double bottom horizontal support level (@10.475). - Final invalidation: breakdown below the 0.786 fibonacci retracement level. Eğlence 🥂
DLong
by Chibuike_Odoh
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