DEGOUSDT UPDATEDEGO/USDT Technical Setup
Pattern: Falling Wedge Breakout
Current Price: $1.808
Target Price: $3.70
Target % Gain: 115.05%
Technical Analysis: DEGO broke out of a falling wedge on the 1D chart, showing bullish momentum with a clean candle close above resistance and follow-through volume. Chart suggests potential continuation toward the measured target.
Time Frame: 1D
Risk Management Tip: Always use proper risk management.
DEGOUSDT trade ideas
#DEGO/USDT#DEGO
The price is moving within a descending channel on the 1-hour frame and is expected to continue lower.
We have a trend to stabilize below the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a resistance area at the upper limit of the channel at 1.823.
Entry price: 1.803
First target: 1.77
Second target: 1.74
Third target: 1.700
DEGOUSDT - HUGE VOLUME SPIKE NOW WHAT TO DO!Alright, let's sprinkle in some charm and make this analysis even more engaging! 😄
Alright, buckle up traders, because we're about to dissect DEGOUSDT and map out a potential path to profits. 💰 Forget the noise; we're focusing on precision and probabilities, guided by cold, hard data and a disciplined approach. I've identified a key area on the DEGOUSDT chart, marked by the blue box you see there. 🟦 This isn't just some arbitrary zone; it represents a potential resistance level, an area where sellers might step in and halt any upward momentum. 🤔
Now, let's be crystal clear. Simply seeing a blue box isn't a signal to blindly short. 🙅♀️ This is where the art and science of trading intertwine, and where your disciplined approach, informed by my analysis, will set you apart from the herd. The key here is patience, a virtue often overlooked but absolutely essential for consistently profitable trading. 🧘♀️
We need to see how the price action reacts when it approaches this blue zone. Are we seeing an increase in volume as the price tests this level? 📈 Is the Cumulative Delta Volume (CDV) confirming that sellers are indeed stepping in and pushing the price back down? 🐻 These are the critical clues we need to validate our short idea. Don't jump the gun! Trading without confirmation is a dangerous game, a gamble where the odds are stacked against you. 🎲 Let the market tell you what it wants to do, and then react accordingly. 👂
But remember, the market is a dynamic beast, constantly evolving. 🌍 That’s why I have a core principle, a bedrock belief that anchors my trading: "I will not insist on my short idea. If the levels suddenly break upwards and do not give a downward break in the low time frame, I will not evaluate it. If they break upwards with volume and give a retest, I will look long." This isn't just a rule; it's a mindset, a commitment to adapting to the market's signals rather than clinging to a preconceived notion. 🧠
Therefore, pay attention to the lower time frames (LTF). This is where the real magic happens. ✨ If the price breaks above the blue box with significant volume and then retests it, turning what was once resistance into support, we have a completely different scenario. 🐂 We'd then be looking for long opportunities, capitalizing on the newfound bullish momentum. The retest is the critical confirmation. It shows that buyers are willing to defend this level, solidifying its new role as support. 💪
Listen closely. 👂 Ignoring these confirmations and simply hoping your initial bias is correct is a recipe for disaster. 😩 You need a clear plan, a set of rules, and the discipline to execute them flawlessly. That’s what I strive to provide with every analysis, but you need to follow me closely to see it through. 👀 This isn't about getting lucky; it's about consistently applying a proven methodology to identify high-probability trading setups. 🎯
The market doesn't care about your opinions or your hopes and dreams. It only responds to price action, volume, and liquidity. Master these elements, and you'll master the market. 👑 Fail to do so, and you'll become just another statistic. 💔 So, stay tuned, stay patient, and let's navigate these treacherous waters together. 🤝 By following my guidance, you'll gain the edge you need to thrive in this competitive arena. Don't be left behind while others are profiting. This is your chance to elevate your trading game. Don't miss out!
📌I keep my charts clean and simple because I believe clarity leads to better decisions.
📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups.
📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
🔑I have a long list of my proven technique below:
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
📊 XNOUSDT %80 Reaction with a Simple Blue Box!
📊 BELUSDT Amazing %120 Reaction!
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
DEGO (SPOT)BINANCE:DEGOUSDT
DEGO / USDT
1D time frame ( wait for the price to come to buying zone)
analysis tools
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SMC
FVG
Trend lines
Fibonacci
Support & resistance
MACD Cross
EMA Cross
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Golden Advices.
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* Please calculate your losses before any entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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My total posts
www.tradingview.com
DEGOUSDT → An attempt to change the trend will end in a fallBINANCE:DEGOUSDT.P tried to break the trend, but faced strong resistance and a weak cryptocurrency market. The fall may continue...
After breaking through the resistance of the descending channel, a bullish momentum (distribution) of 45% is formed, but the price bumps into a strong resistance of 2.11 - 2.18, which forms a trading range. Bears are not ready to give this zone to buyers and put pressure, a false breakout of resistance is formed after a long struggle for this zone and liquidation is formed when the base of 2.0 is broken. Buyers are in the panic zone. If the price fixes below 2.11 - 2.18, the fall in the short or medium term may continue.
Resistance levels: 2.00, 2.18, 2.274
Support levels: 1.75, 1.584, 1.359
The market is generally weak and altcoins are reacting aggressively to local bitcoin movements (the point of which is to gather liquidity before a further fall). BTC has not yet reached a key target, which together with the lack of a bullish driver in the market creates pressure for altcoins.
Regards R. Linda!
DGBUSDT UPDATEDEGOUSDT is a cryptocurrency trading at $2.039. Its target price is $3.200, indicating a potential 70%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about DEGOUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. DEGOUSDT is poised for a potential breakout and substantial gains.
#DEGO/USDT#DEGO
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.75
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.86
First target 1.90
Second target 2.00
Third target 2.10
#DEGO/USDT#DEGO
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 2.10
Entry price 2.28
First target 2.47
Second target 2.65
Third target 2.85
DEGO/USDTKey Level Zone : 3.1187-3.1599
HMT v3.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!
HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
Dego/Usdt Plan Dego/USDT is currently consolidating within a box setup on the higher time frame. This consolidation phase often indicates accumulation, which could lead to a significant breakout in either direction.
The current setup suggests patience is key, as a breakout from this range could result in a strong directional move. Traders should closely monitor the price action near the box boundaries, as a confirmed breakout could open the door to substantial gains. However, always manage your risk and avoid over-leveraging, as fakeouts are possible.
As always, this is not financial advice—conduct your own research before making any decisions.
#DEGO: Pioneering NFTs and DeFi IntegrationDescription:
This trading idea highlights DEGO, a cryptocurrency that combines the power of decentralized finance (DeFi) with non-fungible tokens (NFTs). DEGO aims to create a comprehensive ecosystem for NFT creation, trading, and gamification while integrating DeFi functionalities like staking and liquidity mining. With its modular approach, DEGO supports interoperability and scalability, making it a key player in the evolving NFT and DeFi spaces. Its focus on innovation and strategic partnerships enhances its potential for widespread adoption among developers and users seeking a seamless blockchain experience.
That said, the cryptocurrency market is highly volatile and sensitive to regulatory changes, market sentiment, and macroeconomic events. Investing in DEGO or any digital asset requires a cautious approach and a well-thought-out risk management plan to mitigate potential losses.
Disclaimer:
This trading idea is for educational purposes only and should not be considered financial advice. Trading cryptocurrencies like DEGO carries significant risks, including the possibility of losing your entire investment. Always conduct thorough research, evaluate your financial position, and consult with a professional advisor before making any investment decisions. Past performance is not indicative of future results.
Dego Finance: Still Early (2,655% Potential Exposed!—Motivation)It is still early... It has been growing for weeks, months actually but this is nothing compared to the bull-run bull-market phase. While DEGOUSDT (Dego Finance) has been growing, it has more to give.
The accumulation channel can be seen grey on the chart. As long as DEGOUSDT moves within this channel, this is still accumulation. When it moves above the upper boundary of the channel, this is the fast growth, ultra-bullish zone.
While in the channel, it is still early to buy, spot. When out of the channel, it is time to focus on your taking profits strategy because anything that happens after will be fast growth. There will be no time to think, so prepare now.
How will you approach the targets?
How much will you sell when prices are rising?
When will you sell?
These are the questions that you need to answer now to be prepared.
Being prepared will increase your chances of higher success.
Since we are trading for money, higher success means higher profits. And higher profits of course means that we will be able to enjoy the things in life that we work so hard for.
Cryptocurrency will help us achieve financial freedom, but we have to work.
Nothing worth having comes easy in life. If it is worth having, it requires effort on our part to get these things.
What is it?
Time freedom?
Freedom of choice?
Abundance?
Anything you want you can have... I am ready for success.
We are looking at this Altcoin pair and growth potential is great.
Even after months of growth, we still have 1,627% and 2,655% potential open for the 2025 bull-market. It doesn't get any better.
What will you do?
Will you be able to come out ahead?
The difference between failure and success is that success never gives up. Everybody fails every now and then, but these failures are the lessons that helps us grow.
If you had a down time... Stand up!
There is no time to cry; life goes on.
Opportunities are endless in this market.
There is always a second chance.
Thanks a lot for your support.
Namaste.
#DEGO (SPOT) entry range( 1.320- 1.620) T.(2.900) SL(1.270)BINANCE:DEGOUSDT
entry range( 1.320- 1.620)
Target1 (2.456) - Target2 (2.900)
2 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (1.270)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO ****
#DEGO/USDT#DEGO
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 1.555
We have an upward trend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.83
First target 2.02
Second target 2.30
Third target 2.60
DEGO setting up a parabolic movement!Launched in 2020, Dego Finance is a decentralized ecosystem that offers a diverse combination of non-fungible token (NFT) and decentralized finance (DeFi) tools. It is an independent, open NFT ecosystem.
Dego is confirming the broken level at 2$ barrier, exiting from his first base stage 1.
We are looking to see this price to go near 4$ with a possible price explosion, but we also need to look at the bullish volumes that must to come with that price movement.
We aim to go near 4$ as a possible first target.
lets see it
what do you think?
Dego or not Dego?
good trading!
DEGOUSDT Trading Signal: Sell OpportunityFellow traders,
Here is an exciting trading opportunity on the DEGOUSDT currency pair. Based on our analysis using the EASY Quantum Ai strategy, the current direction indicates a Sell position.
Entry Price: 1.647
Take Profit: 1.62266667
Stop Loss: 1.68566667
The decision to recommend a Sell position is based on several factors:
1. Technical Analysis: Current price action suggests downward momentum with DEGOUSDT reaching a resistance level near 1.647. Historical data shows consistent rejection in this zone, indicating potential for price decline.
2. Market Sentiment: Recent shifts in sentiment metrics point towards bearish market conditions, with increased selling volumes overpowering buying pressure.
3. Quantitative Indicators: EASY Quantum Ai's proprietary indicators signal decreasing bullish energy, supporting a Sell decision. These indicators are tailored to capture market microstructure changes, enhancing prediction accuracy.
4. Moving Averages: A cross of short-term moving average below the long-term average reinforces a developing bearish trend.
This signal is crafted to balance risk-reward effectively. The Stop Loss ensures loss limitation above recent volatility spikes, while Take Profit aims to capitalize on the expected downward move.
As always, we advise traders to manage risk according to individual tolerance levels. Happy trading!
Best,
EASY Quantum Ai Analysis Team
#DEGO/USDT#DEGO
Our price is moving downwards on a 4-hour frame and is about to break through to the upside in 3 stages
We have a bounce from the lower border of the channel from the support area at 1.44 and we have a green support level at 1.60.
We have a tendency to stabilize above the Moving Average 100
We have an uptrend on the RSI indicator that is heading up
Entry price is 1.60
The first goal is 1.88
Second goal 2.11
Third goal 2.40
DEGOUSDT.1DLooking at the daily chart for DEGO/USDT (Dego Finance paired with US Dollar Tether), several key technical indicators and trends stand out that guide my trading decisions:
Trend Analysis
The price of DEGO has been in a prolonged downtrend as indicated by the downward trajectory since May 2024. Recently, there was an attempt to reverse this trend as the price moved above the descending trendline S1, signaling a potential shift in market sentiment.
Support and Resistance Levels
R1 ($1.791) and R2 ($1.995): These levels act as immediate resistance zones. R1 is particularly important as it has recently been tested. R2, slightly higher, may serve as a secondary target if the price continues to rally.
S2 ($1.220): This level now acts as the key support after the recent upward movement. Its role will be crucial if there's a retracement in the price.
S3: Although not specifically marked with a price on this chart, it would typically be the next significant lower level below S2, possibly around previous lows.
Technical Indicators
MACD: The Moving Average Convergence Divergence is trending upward, with the histogram showing increased momentum which is a bullish signal.
RSI: The Relative Strength Index is near 62.74, suggesting that the asset is approaching overbought conditions but still has room for upward movement before becoming overly extended.
Current Market Position
The price at approximately $1.563 is above S2 but below R1. The recent spike in price and the position of the RSI and MACD suggest bullish momentum that could test R1 in the near future.
Trading Strategy
Given the current setup, my strategy would be cautiously bullish. I would consider taking a long position near the current levels with a tight stop loss just below S2, aiming for a target at R1. If R1 is broken with significant volume and confirmed by the MACD and RSI staying strong, extending the target to R2 might be viable. However, due to the volatile nature of DEGO, maintaining tight stop losses and re-evaluating positions frequently would be essential.
Conclusion
The chart presents a potential for short-term bullish action within a long-term bearish context. It's important to manage risk effectively, particularly in crypto assets like DEGO, which can exhibit high volatility. This analysis will need to be updated as the market develops, especially if new highs or lows are tested, or if the indicators show signs of reversal.