DEGOUSDT trade ideas
DEGOUSDT Form a Rising Triangle on Daily ChartWe can see here DEGOUSDT is forming a rising triangle which is known as continuation pattern.
Current resistance is $11.64 and it's also a 50% fib level from previous high.
I personally wait for MACD signal to get into the wagon, but just like another alt coin it has to be linear with bitcoin price so i have to wait for bitcoin confirmation then decide to join after this MACD cross on DEGO.
Potential target is $11.64 and $13.38
DEGO looks very strong hereYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
DEGOUSDT Has formed a Bullish Flag
Welcome back Traders, Investors, and Community!
DEGOUSDT on Daily TF it has formed a Bullish Flag. It might go down to the Pullback zone before it heads up. On H4 It has already broken above the Resistance and has done the retest.
⬆️Buy now or Buy at 9.397
⭕️SL @ 8.353
✅TP1 @ 13.000
✅TP2 @ 15.000
✅TP3 @ 18.000
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DEGO/USDTI see dego preparing for an impulsive wave that takes the price to retest the previous historical price.
From there, the price will go down to correct the areas of $20 to $16
I see a great opportunity to make good profits
I think there will be a great news announcement for the currency that will drive the price higher.
Please analyze the crypto currency and this represents my opinion only, not investment advice