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DAOUSDT

Trading Strategy for #DAO/USDT Amidst Falling Wedge Breakout and"📈 #DAO/USDT Chart Update: Breakout from Falling Wedge, Retest Underway 🚀 The DAO token has recently broken out of a falling wedge pattern, signaling a potential reversal and bullish momentum. Currently in the retest phase, this presents an entry opportunity for traders. 🔍 Entry Strategy: Planning to buy at the current market price (CMP) and considering additional purchases at 1.09$ during the retest. 🎯 Targets: TP1: 1.26$ TP2: 1.33$ TP3: 1.5$ TP4: 1.8$ 🛑 Stop Loss (SL): Set at 1.0292$ to mitigate potential losses in case of adverse price movements. It's crucial to emphasize the importance of conducting your own research (DYOR) before making any trading decisions. This information is provided for analysis purposes and not as financial advice. Stay informed and trade responsibly! 🚀"
Long
by CRYPTOMOJO_TA
DAOUSDT 🟢🚀 Premium Crypto Signal Alert! 📈 🔔 Signal: BUY Asset: DAOUSDT Technical Analysis: Key Entry Point: A compelling buy signal triggered at 1.10 after a strong stop and retest at the 61% Fibonacci level. Moving Average Support: Maintaining a bullish stance, DAOUSDT is trading above the 200-day moving average, reinforcing the positive trend. Secondary Buy Zone: Another potential entry point identified at 0.85, offering an additional opportunity if needed. 📊 Trade Details: Entry Point: 1.10 Secondary Entry: 0.85 (if required) Target 1: 1.40 Target 2: 1.85 📈 Trade Analysis: The 1.10 entry point aligns with a significant stop and retest at the 61% Fibonacci level, indicating a strong support zone. Continuous trading above the 200-day moving average reinforces the bullish momentum. A secondary buy zone at 0.85 provides flexibility in adapting to market conditions. 🔄 Additional Buy Zone: Be prepared to execute in the secondary buy zone (0.85) if market dynamics necessitate it. 💡 Risk Management: - Only use 5%-10% of your capital for this trade to mitigate risks. - Do not invest your full capital; it's important to diversify and manage risk exposure. - Consider setting a stop-loss at an appropriate level to protect your investment. - Regularly monitor the trade and adjust stop-loss levels as needed. 📢 Spot Trading vs. Futures: - Spot trading is a safer and more controlled approach, allowing for better risk management compared to the higher volatility and speculative nature of futures trading. - Exercise caution and consider the potential risks associated with leveraged instruments. 🚨 Disclaimer: Trading involves risks, and past performance does not guarantee future results. Exercise caution and conduct your research before making any financial decisions.
Long
by obeiibra
1
DAO 3$Hello, friends! Today I want to tell you about DAO Maker coin and its potential impact on the cryptocurrency market. DAO Maker is an innovative blockchain platform that allows creating and launching decentralized projects. DAO Maker is a meeting place for investors and startups, where investors can provide funding for startups and participate in their development. I personally believe that the DAO Maker coin has significant potential for further growth. Currently, at the level of 1.25, there is support, and I plan to buy the coin at this level.
by CHOWTRADE
Wait for this digital currency to explode🔵 This digital currency entered a correction phase in time frame D, as it is clear, after a spike move. Price in this chart in the correction phase completed its reverse shoulder pattern and passed the trigger (neckline) well and completed its pullback to this trigger according to the picture. We expect from the price for this currency is that it can resume its growth from here and up to the PRZ range AB = CD pattern Which overlaps with the target of the reverse pattern, ie price (5.2)
Long
by mohsenkhodadadiii
DAO DAO has its own platform on which you can buy - invest to game projects. Followers on twitter more than 150k Followers on telegram around 40k. Project is running 8 months, started on 2,5USD. ATH - 8,8USD Around 7USD POC level on market profile. Price should respect this POC and go back to re-test this level. If this project will be succesfull it could go more up. Entry - around 2,5USD, second entry 1,7USD Target 7 - 8 - moon:) Trade without SL, use money what you can lose. New project - high risky trade - big potential.
Long
by UltimateCryptoTrader
6
Note to Myself: DAOContinuously pushing the "4.D" zone, "dao" will reach its new target of $ 12-13 after closing after closing 4 hours 3 candles from the '4.D' zone from the point where it narrowed according to the uptrend. Point "2.B" is the receiving point. My stop point is 15% For this process to occur, btc must move smoothly. UTC 11:45 30 Nisan 2021, My current point of purchase: 7.23 $ Note: I like risk, you wait for it to come to the risk-averse "2.B" point or stop at that point. NOT FİNANCİAL ADVİCE!!!!.
Long
by CoinSTOmoon
7
MAKERDAO PENNANT LONG(now which direction)Hello!!!😄👋 I am more bullish... (20 bars/$9.97) is a conservative target in relation to past trends 🐮. Bearish target 1 would be our blue support line at ~$6.201🐻. I appreciate if you take the time to consider my analysis, would also love to see your viewpoint if you would like to share, now let's take a look. 🔍👀 Was just taking a look at Maker Dao recent and long term price actions, which leads me to believe we are at a very crucial point (as is many tokens/currencies.)🥴 I am not overlooking DAO MAKER simply because of the fact that it has proven very good at maintaining strength in the past, and DAO “decentralized autonomous organization” allow for other tokens in the market to be more secure.💱👌 I would definitely wait for confirmation to get into this trade, as right now would be extremely risky time. We are approaching the end of our pennant pattern, which would indicate we are going to see a strong impulsive wave, either up or down to our approximate targets listed above.🎯🌊 Altcoins like MAKER DAO are greatly affected by the price action of the bigger players such as BTC and ETH, we are currently in a very pivotal time in the market, safest to wait and see if BTC can't maintain above ~53,000 (Amongst other outside factors that would affect this token and many others.)✔🆗 🛑🛑🛑This is not financial advice🛑🛑🛑 Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments greatly appreciated! Thank you so much Jazerbay 🤍
Long
by jazerbay
10
MAKER DAO ~~UPDATED~~ LOWER TFHello there, this chart is just for reference on a lower TF. Thank you for understanding. 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Jazerbay
Long
by jazerbay
16