DESOLooking at the 8 hr chart, I have gotten this wrong in the past. Here is what i think.
The 200 daily moving average will cross the the 21 ma and the price should continue to fall,
The next lower support level is around $31.00. If you look at the 16 hr chart the 100 ma is also looking to cross the 21 day so that also indicates the price should continue to CRAB is way to a new low.
Reply with your thoughts
DESOUSD trade ideas
DESO the tides are turning The same way Bitcoin and Ethereum are decentralizing the financial system DESO can decentralize social media. Bitcoin created a way to store transactions on a public ledger that no individual entity can monopolize, which has led to the disruption of the financial industry, and this technology can now be extended, for the first time, to run a social network without needing to rely on a centralized gatekeeper. Bitcoin and Ethereum have shown that dominant platforms can be built around open code and open data, rather than around private companies that monopolize their data and benefit shareholders at the expense of everyone else. Bitcoin and Ethereum don't have data moats to protect. In fact, the more open they are and the more people that build on top of them, the more value accrues to Bitcoin and Ethereum holders. This open model for software is already disrupting financial institutions all over the world, from banks to exchanges, for the first time, this model can be extended to disrupt the social media giants and their outdated ads-driven business models. By putting social media content into a public blockchain, rather than giving it to a handful of private companies to monopolize, create an economy of scale around a blockchain that is powerful enough to rival, and ultimately surpass, what the traditional social media giants have created. Solve a collective action problem among independent publishers by making it individually rational for them to contribute their content to a new globally-shared pool that they can never be di-intermediated from and that, for the first time, isn't controlled by a single company.
What is DESO? docs.deso.org
DESOStill new at chart indicators . On the 4 hr chart. looks like if we get lucky 41.7 is next sell, if not we are going lower,
DESOThese are my thoughts on DESO today. I have to quick sale ideas . On the 4 hr chart the 200 ma is holding the price up and will continue to rise today.
I day trade not trying to hold the bag,
DESOMy thoughts on DESO. Looking at the 4 hr chart. If the 50MA crossing the 21 ma then the price will fall.
So many don't understand the indicators. I use several
DESOUSDMID-TERM: Wedge breakout, resistance breakout and backtest, classic bullish divergence on 4hr, hidden bullish divergence on daily. (not financial advice)
DESOUSD Bullish and bearish levels with the 1D MA50 supportingDecentralized Social (DESOUSD) has caught my attention ever since the 99.500 Double Top on March 28. That was a rejection on the previous High of January 24 and ever since I've been waiting for a clearer set-up.
On April 09, the price stopped correcting and started to rebound (3 straight green 1D candles including today's) right before touching the 1D MA50 (blue trend-line). That is the first bullish sign in the past 2 weeks.
With the price on a Channel Down and the Lower Lows supporting, the bullish signal would be completed if DESO breaks above the Channel and the previous Lower High of 59.000. We'll treat that as an instant bullish break-out signal aimed at 99.500. On the other hand, a break below the Lower Lows will be treated as a bearish break-out signal targeting the 27.900 Support.
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DESOUSD breakoutDaily chart had a nice rampage and then pull back. We had a few days of consolidation, I'm a fan of this compression.. LETS GO!
Buy DESOI was a little early in my last prediction,
from here DESO is a solid buy, I don't see any downside right now.
Nearly about to break two triangles and sitting in a nice buy area on support.
DESO Setting Up To Run AgainDESO keeps popping and dropping , scalps a plenty today! And 104 is once again the target ;) NFA, DYOR
Deso Early BreakoutBroke resistance at 110
beginning to trend upward again
this may be a 6 hour trend.
Decentralized Social - 3 Rising Valleys, 15% Scalp Setup -DESO has had a wild ride but does appear to be holding and making higher lows. I have also identified a 3 Rising Valleys as you can see. This is a fairly risky trade without a tight stop. Watch for volume before getting too crazy. And this is just a scalp for me. NFA, DYOR
DESOUSD Be cautious...Just be cautious with this one to avoid another bico or btrst rug pull. DYOR-not a financial advice.
