DEGENUSDT trade ideas
DEGENWith money flow sideways and a buy signal about to pop on the daily, DEGEN looks like it is about to make another run to the upside. Great time to establish a position. DEGEN is a easy play for a BASE meme token with some positive price action on the horizon.
#DEGEN/USDT breaking the Diagonal Trendline in 4-Hour TF!#DEGEN/USDT breaking the Diagonal Trendline in 4-Hour TF!
$DEGEN looks extremely bullish here. Wait for BO/reset in LTF to long #DEGENUSDT. The local resistance level is PDH $$0.02955 and the strong support level is PWL $$0.02125.
DEGEN | Meme Coin on Base | 80%One of the best-looking charts in the generally weak crypto market right now is DEGEN, the main meme coin of the Base blockchain.
DegenDegen looks like good,
After Kocoin Exchange listed, it show up it has great potential to surge and community is promoting.
DEGENPossible double bottum playing out. Ill be looking for some possitive price action at this level. If it breaks down from here Ill be looking for a lower entry.
degenSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
DEGEN Ignited: Don't Miss Out on This Buy Trade!**Technical Analysis Chart Disclaimer:**
The charts provided on this platform are intended solely for educational and informational purposes regarding technical analysis in trading. It is crucial to understand that trading involves significant risks, including the potential loss of funds. Technical analysis, while a valuable tool, does not guarantee success in trading.
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**Technical Analysis Chart Disclaimer:**
The charts provided are for informational purposes only and should not be considered as financial advice. Trading in cryptocurrencies involves substantial risk, including the risk of losing your entire investment. Technical analysis is based on historical price movements and patterns, and past performance is not indicative of future results. Any decisions made based on these charts are solely at your own risk. It's crucial to conduct thorough research and seek advice from a qualified financial professional before making any investment decisions.
degenusdtSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
DEGEN NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that DEGEN has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
Following the trend in the coming time to see if its able to show new trend break.
Degen/usdt 4hThe candles are on the resistance line and under the cloud, this is not a good sign to climb
We see volume candles that are very weak. It means that the market is confused
We see the hanging men's candles and doji, which is not desirable at all
Tenkensen came to support and raise candles, but now is going to resist and suppress
The only positive sign is conjixen being flat, (i.e. waiting for tenkensen to raise the candles for him).
DEGEN 0.053 Im all in i visited the forum and checked out the threads
and it seems this is where Vitalik and academe of builders hang out
they even have airdrops to contributors and bounty as a startup
Degen - 0.618 Fib Bounce Could be a Bullish Move to the upsideThe concept of a 0.618 Fibonacci bounce, also known as the "Golden Ratio" or the "Golden Mean," is derived from Fibonacci retracement levels. These levels are used by traders to identify potential support and resistance areas. The 0.618 level is particularly significant because it is based on the Fibonacci sequence, where each number is the sum of the two preceding ones. This sequence is found in various natural phenomena, and some traders believe it also applies to financial markets.
When a financial instrument, such as a cryptocurrency or stock, experiences a significant upward or downward movement, traders often use Fibonacci retracements to identify potential levels where the price might find support or resistance. The 0.618 level is considered a strong support level, meaning if the price retraces to this level, it may bounce back and continue its upward trend.
Degen/usdt 4hLet's do a little analysis
I'm not a very good analyst, nor is there much history of degen available
So I drew a resistance line with Chicospan
On the other hand, Tenkensen and Kinjeksen are cutting a bearish sign
The cloud is not so thick, so there is a possibility that the candles will pass through it
And this is also a bearish sign
The drawn flag is not perfect, but we can hope to climb
You can see my previous analyzes by following me
DEGEN USDTThis DEGEN USDT
this has NOTHING TO DO with the Degen
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