DEVVEUSDT trade ideas
DEVVE - a World class champion (as they say)hey there..
DevvE is a next-gen cryptocurrency that is 1/3bn energy use of Bitcoin, 1/10M cost of Ethereum, 8M tps with patents around fraud, theft, loss, privacy and regulatory compliance.
From a technical point of view, it seems that someone is buying it, but some big investors has started from a 0.8$ price, and now the price is breaking the 1.2$ barrier accumulating volumes so far.
The all time highs are not so far, around 2$, and the price is going towards that price level which we think our first possible potential target.
what do you think?
goo trading!
#DEVVE 'Vested' interest in this one hence keeping an eye on it :D
fresh monthly is interesting, just watching what the price will do here, either we hold at the pivot or come back down to support the ascending triangle.
if we start closing above R1 then targets are marked on the chart
DEVVE/USD Navigating the New Coin Chaos with DevvioHey there, crypto adventurers! Today, we're diving into the wild world of DEVVE/USD trading – buckle up, because it's gonna be a bumpy ride! With limited data on this new coin, we're venturing into uncharted territory, armed with nothing but our wits and a whole lot of memes.
So, here's the scoop: DEVVE recently launched after simmering in the crypto cauldron for several years. And boy, did it make an entrance! After a healthy retracement from its initial bull run, we're seeing some intriguing price action unfold. Talk about drama, am I right?
Now, let's get down to business. We broke support on the daily at the $1.18 level, and now we're staring down the barrel of the 78% Fibonacci retracement, retesting it like a boss. Assuming we play nice and respect resistance, we could be in for a downward push, closing the gap and potentially finding a cozy spot at the 88% fib level around the $0.50 mark. Fingers crossed, folks!
But here's the kicker – if and only if that $0.50 level is respected as support, it might just be time to make a move. But hold onto your hats, because we've got some potential resistance zones to contend with, including the previous ATH ($1.80 - $2.00) and that sneaky 61% fib at $1.18. Traders, keep your eyes peeled for candle patterns signaling reversals – it's gonna be a wild ride!
Now, here's a little disclaimer: Yours truly is invested in this project, so consider this a friendly shill from a fellow believer. No pump and dump schemes here, folks – just good ol' fashioned enthusiasm. But remember, always trade at your own risk!
And hey, just a friendly reminder: while we're busy cracking jokes and riding the crypto rollercoaster, don't forget to stay up to date with the latest news on DEVVE. After all, fundamentals are the bread and butter of any successful trading strategy!
So, here's to navigating the new coin chaos with Devvio – may the memes be plentiful and the profits be ever in your favor!
Keywords: DEVVE/USD, trading analysis, new coin, price action, Fibonacci retracement, support levels, resistance zones, trading strategies, candle patterns, ATH, investing, risk management, cryptocurrency news, meme culture.
Cup and handle pattern playing out for DEVVEAfter a good push to 2,5$ a pullback has been made but the bottom looks in. Good buy entry at this price. Cup and handle pattern in full effect. AMA with gate io on its way. Future looking bright for DEVVE.
No financial advice.
DEVVE Awaiting breakout to double digitsDevve, a layer 1 blockchain with 8m tps focused on ESG just launched and currently sits at a 15M market cap. It has has a French license and perfectly fits the institutional cycle we're in. Check their official website for more info.
Breakout is near with testnet launch in March. Already above downwards sloping resistance. A break of $1.50 would lead us towards ATH, which after retest would lead us towards $10. Current supply is only 20M coins.
If you read this during Feb/March 2024, you're early.
Devve looking super bullishThis chart is pure beauty, sit back and enjoy!
Once it breaks its resistance its just go time.
