DEXE Accumulation
Updated
Broke out of the falling wedge. Check the enormous Volume. If this is not accumulation then I don't know what is. Re-test of the BUY ZONE 4.8-4.0 BUSD from above would be great opportunity to get in.
Like👍 & Enjoy📺!
Like👍 & Enjoy📺!
Trade active
bought @ 4.1 (lower edge of the BUY ZONE)Note
What a launch!🚀 See potential targets🎯 below:Trade closed: target reached
Hit the targets @ 10.9, 15, 17.9. 💰 I added new target @ 25.7. Next one is 31.8. Let me know in comments if you wanna know higher targets!Note
DEXE approaching the BUY ZONE 11.0-8.8. Will be re-loading there...Note
Reloaded @ 10.8 and will add more if price drops below 9.0.Note
As planned. DEXE bought aggressively when entered the 11-8.8 buy zone. White triangle in the making?Note
Entered the 11-8.8 buy zone again and the white triangle seems to be in play - price just tested it's lower edge. Now we just need to break the upper edge.Note
BUY ZONE held beautifully, price now breaking out of the white triangle. I think we are ready to go for higher TPs @ 25.7 and 31.8.Note
So we pumped to 23, and then dropped back down again to the BUY ZONE which is rock solid support. Price now forming another triangle (red) which we need to break up. Notice how the TP levels (already reached targets) acts as supports/resistances.Note
That red triangle broadened a bit. Breakout still to come...Note
Seems like price broke up definitely. Resistances being TP2, TP3 and cyan trendline. Next targets TP4 and TP5.Note
Price didn't get above the TP2 yet. Looks like successful test of the red uptrendline and now going to test the TP2 resistance again.Note
Took a long time but that could be finally IT!🚀 Price is back above the red uptrendline and now needs to get above TP3 resistance and then above cyan downtrendline. Facemelting😱 pump coming?Trade closed: target reached
TP4 hit! 🎯 Even in today's dumpy shitstorm.Note
Check the reaction after hitting the TP4. Price dumped almost 50%. Looking for re-buys. TP5 (31.8) and more yet to come IMO.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.