DEGOUSDT Form a Rising Triangle on Daily Chart
Updated
We 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
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
Trade closed: target reached
Target $11.64 is reached, probably going to get some correction because of BTC influence. Will be updated soon.
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