DEXE Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
CRYPTOCAP:DEXE is currently near the support trendline and slightly below the 35 EMA, indicating a potentially critical point for the asset.
A breakout above the 35 EMA will likely push the price toward the resistance trendline at $12.37. CRYPTOCAP:DEXE has managed to hold the support trendline, and it must continue to do so to maintain the rally.
Key levels:
- Support Trendline: $8.536.
- Primary Resistance: $10.24.
- Higher Resistance: $12.37.
- Invalidation Point: A close below the support trendline.
DYOR, NFA.
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DEXEUSDT
#DEXE#DEXE
We have a bearish channel pattern on the 12-hour frame, within which the price moves and adheres to its limits well
We have a green support area at 11.30 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher with a breakout
Entry price is 12.30
First goal 14.28
The second goal is 15.42
the third goal is 16.90
#DEXE #DEXE
We have a bearish channel pattern on the 12-hour frame, within which the price moves and adheres to its limits well
We have a green support area at 11.30 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher with a breakout
Entry price is 12.30
First goal 14.28
The second goal is 15.42
the third goal is 16.90
DEXEUSDT(DeXe) Daily tf Range Updated till 08-03-24DEXEUSDT(DeXe) Daily timeframe range. another alt with impressive continuous pump. trying to get through 11.435. a retrace would make the push more solid but it still got fuel to cross a little bit of retail interest can do the job. clearing out can led it to 15.558.
DEXEUSDT 1 Hour HH Break'sDEXEUSDT Trade Plan Timeframe: 1H
#Forex #DEXEUSDT #TechnicalAnalysis #CryptoSignal #TradingOpportunity #Divergence #TradingSignal #TradingwithBelieve
Hey traders! 👋 Let's dive into a potential trading opportunity on the DEXEUSDT pair using technical analysis. 📊
📉 Previously Bullish Trend:
Firstly, on the 1H- timeframe, we've been witnessing a Bullish trend in the DEXEUSDT pair. 🐻
🔄 DEXEUSDT is in strong bullish trend:
DEXEUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH. if the market successfully sustain this bullish confluence the next leg high could go for new HH. 📉🔄:
📊 Trade Opportunity:
Currently, we are looking at a potential trade opportunity with a Bullish bias.
📈 Entry Price: 2.399
🎯 Stop Loss Level: 2.306
🚀TP1: 2.492
💰 Investment Advice:
Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade.
Happy trading, and may the pips be in your favour! 🚀📈💰 #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
$DEXE looks good on Demand Zone How to identify the Demand Zone?
Drop spin Rally :
Step 1: Initially, the prices were falling down as there could be sellers activated in the stock.
Step 2: The price will move in a range because there is an imbalance between buyers and sellers.
Step 3: Finally the prices will further move up with more buyers dominating the prices.
Rally spin Rally :
Step 1: Initially, the prices were moving up as there could be buyers activated in the stock.
Step 2: The price will move in a range because there is an imbalance between buyers and sellers.
Step 3 : Finally the prices will further move up like a rocket with more buyers dominating the prices.
DEXE/USDT - DeXe: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $DEXE / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 2.371 | 2.461 | 2.642, and the major support zones can be found at 2.19 | 2.099 | 1.918. Consider entering at the current price zone of 2.32 and targeting higher levels.
◰◲ General info :
▣ Name: DeXe
▣ Rank: 261
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc
▣ Category/Sector: N/A
▣ Overview: DeXe project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 2.32 ₮
▣ 24HVol: 378,290.078 ₮
▣ 24H Chng: -0.043%
▣ 7-Days Chng: 2.29%
▣ 1-Month Chng: 16.93%
▣ 3-Months Chng: -26.85%
◲◰ Pivot Points - Levels :
◥ Resistance: 2.371 | 2.461 | 2.642
◢ Support: 2.19 | 2.099 | 1.918
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 1.64
▣ Last 90D: -1.33
▣ Last 1-Y: -0.01
▣ Last 3-Y: 0.45
◲◰ Volatility :
▣ Last 30D: 0.96
▣ Last 90D: 0.75
▣ Last 1-Y: 0.98
▣ Last 3-Y: 2.05
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth DEXEUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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The Bullish Turn: A Closer Look at #DEXEUSDT's Recent Performanc💎 Last week, #DEXEUSDT took a trip down memory lane and retested the previous low, shaping what appears to be a double bottom. At this juncture, MACD flashed a bullish divergence, which was followed by a price breakout above the downtrend trendline.
💎 Fast forward to today, we're seeing a clear rejection of that trendline, now playing the role of support. Alongside this, there's a precise bounce from the 78.6% Fibonacci retracement level, adding more horsepower to the bullish outlook.
💎 In a nutshell, #DEXE's trend could be shifting gears to bullish, even for the mid to long term. But let's not get ahead of ourselves. Our focus should be on the 78.6% resistance and the May high. Only after clearing these hurdles, #DEXE's trend might start to skyrocket.
💎 Until then, keep your eyes peeled. A break below the current double bottom would be a red flag, potentially signaling the continuation of the downtrend. Stay sharp, Paradisers!
DeXe token formed bullish Cypher | A good buying opportunityHi dear friends, hope you are well and welcome to the new trade setup of the DeXe token with US Dollar pair.
Previously we caught a nice pump of DEXE in the below trade:
Now on a 2-hr frame, DEXE has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
DEXE USDTHello guys this is my trading idea💡 about DEXE USDT .
MY idea💡 is I thing that sellers from this area will be defend this short position
and when the price come back to this area, strong sellers will be push down the market again
Downtrend + Strong volume area is my mainly reason for this short trade
If you like my job Follow and like and share Thank you
Turtle Trader 🐢
DeXe token formed bullish Gartley for upto 44% moveHi dear friends, hope you are well and welcome to the new trade setup of the DeXe token with BTC pair.
On a 4-hr time frame, DEXE has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DEXEUSDTDEXEUSDT Ides
may be , look at bitcoin
DEXEUSDT Ides
may be , look at bitcoin
DEXEUSDT Ides
may be , look at bitcoin
DEXE struggle to break out resistance#DEXE/USDT
$DEXE broke out from descending resistance and also broke out resistance zone and confirmed it as support .
🐮 here is another resistance zone between $7 and $7.7 that breaking out from this resistance can pump price to $9 and in mid term price can reach resistance of $12.
🐻 if price reject from current resistance it will fall to support around $6.5 and breaking this support can drop price to $5.7.