MACD Crossed on 4 hour time frame, however momentum slowMACD crossed on 4 hour time frame which has been a bullish pattern, Fridays generally bullish for DEVE as well however is struggling to maintain momentum.
If it can break above levels of liquidity above 1.4 (on the 15m) I'm quite bullish however the lower levels of support seem to be almost non existent until the 1 - 1.1 range which'd have me close my long.
Analysing what's been sold we had a lot of whales sell in the pocket of resistance particularly near 1.4, however now seeing some new whales and overall net buys.
Have taken a long on this, I believe it'll be around 4-5 days of sideways trading before we see a breakout to the up side or down side, DEVVE is still discovering its price and news such as new listings and website aren't having the biggest impact on the price.
Ether price also impacts the value as its testing 4000 USD and people may want to swap out to ride the wave of a potential breakout rather than invest in tokens and alt coins, have seen a correlation between ether resistance and DEVE performing well over the last week and a half.
