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DAOUSDT

DAO Maker Could Drop As Low As $4.81 During This CorrectionI'm looking at the DAO/USDT chart and making an educated guess on the bottom for DAO Maker during this correction. My buy target will be set just above $5 to give a little cushion, but I believe that this could drop down to $4.81 if BTC continues down to $47k or even $43k over the next few days. It's a great buy for the long-term as they are only just getting started with their growth plans and marketing. Grab some at $5 if you can and enjoy the next run up!
Long
by brendanwenzel
3
Dao Maker Seems to Have Limited Upside, But Will Go UpThe upper limit seems to be the longer term pitch fork resistance. It hit it almost perfectly the last ATH. It just broke through a shorter consolidation triangle and has upward momentum, there are a few roadblocks to setting ATHs again. My plan is to buy at $7.80 and sell 75% at $8.40. This will add to my long-term stash almost free. There is also a TON of seller in the upper $8 range in the market depth chart. I'm really bullish on what they are doing at Dao Maker long-term. Good team and solid business plan. I just don't want to carry a lot of risk since someone could theoretically unstake and dump it all post any of these launches. I'll add where I can and if it can back off that upper line a bit, I'm more interested in keeping more.
Long
by brendanwenzel