Long
DESO - DESOUSDT - Bullish Consolidation
Greetings,
If you have been following us, you know that our calls on DeSo have been successful from the very first one we made before it had started to move higher. We expect this coin to do really well in the weeks and months to come with a long term price target between $1200 to $1600 per coin which gives us a 30x to 40x growth from current price levels.
Since the last move up, DeSo has been consolidating and has created bullish wedge pattern. the pattern converges on Jan 3 therefore it will either break up or down before then. The next move up may take us close to $60 mark,
Even though this is a bullish signal and we expect to reach out long term target over the next year, high market volatility expected due to BTC ETF may cause a lot of turbulence. Due to which relatively smaller coins like DeSo may see significant downside. For that our short term target for a down move is around $18 to $20 which would be a huge accumulation opportunity for this hidden gem.
All investors should manage their own risk. From our end, we will provide our analysis as frequently as we can. Please SUBSCRIBE to stay up to date!
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
If you have been following us, you know that our calls on DeSo have been successful from the very first one we made before it had started to move higher. We expect this coin to do really well in the weeks and months to come with a long term price target between $1200 to $1600 per coin which gives us a 30x to 40x growth from current price levels.
Since the last move up, DeSo has been consolidating and has created bullish wedge pattern. the pattern converges on Jan 3 therefore it will either break up or down before then. The next move up may take us close to $60 mark,
Even though this is a bullish signal and we expect to reach out long term target over the next year, high market volatility expected due to BTC ETF may cause a lot of turbulence. Due to which relatively smaller coins like DeSo may see significant downside. For that our short term target for a down move is around $18 to $20 which would be a huge accumulation opportunity for this hidden gem.
All investors should manage their own risk. From our end, we will provide our analysis as frequently as we can. Please SUBSCRIBE to stay up to date!
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
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