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Degofinance

$DEGO Breakout: Retest of $13.64 --> Rally to $19.93From its ATH in March, $DEGO corrected 84% which bottomed near end of June. Since then, $DEGO has seen a pump of nearly 220%, peaking end of August. During bloody September, $DEGO saw a correction of nearly 53%, dipping below the 200EMA on the daily time frame. Since then we've seen some sideways trading, leaning toward the up-side. $DEGO is now comfortably above the 200EMA and looks to be ready to be sling-shotted from the 20EMA. $DEGO is also forming a huge inverse head and shoulders pattern where we're nearing the neckline. I analyze a breakout to $13.64 where we'll retest the high of the Jun-Aug pump. From there, we'll see a minor correction and then rally up to $19.93, the high of Wave_B in the first large correction where we may see some resistance and side-ways trading. It should have enough momentum to break through the previous ATH and then head into price discovery.
Long
by CLiPPx
1
🆓Dego Finance (DEGO) Oct-23 #DEGO $DEGOThe buying power is quite strong at the $8 zone and it is moving towards the $10 and $13 zone. But if it loses the $8 zone it will fall back to the $7 and $6 zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 8$ zone 🔴Buy : 8.5 - 8 🔴Sell : 10 - 13 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 8$ zone 🔵Sell : 8 🔵Buy : 7 - 6 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
🆓Dego Finance (DEGO) Aug-3 #DEGO $DEGODEGO is still trying to conquer the $11 zone but continues to be rejected. At the moment, the $9 zone is still a very strong buying zone and if it doesn't lose this zone, it will probably conquer the $11 zone to advance to the $14 and $17 zones this August. However, if DEGO loses the $9 zone, it will fall back to the $6 zone 📈BUY 🔴Buy : 8.8-9.2$. SL if B 🔴Buy : 10.7-11.3$ if A. SL if B 📉SELL 🔴Sell : 10.7-11.3$. SL if A 🔴Sell : 13.7-14.3$. SL if A 🔴Sell : 16.6-17.4$. SL if A ♻️BACK-UP 🔵Sell : 8.8-9.2$ if B. SL if A 🔵Buy : 5.85-6.15$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
1
DEGO 12h There are volumes, interest, and price growthDego Finance is an independent, open NFT ecosystem where anyone can issue NFTs, initiate mining, auctions, and trading. It offers a diverse mix of NFT and Decentralized Finance (DeFi) tools. The project was founded by an anonymous team in 2020 at the beginning of the hype growth of DeFi projects. Since then, the DEGO (utility token) used to manage the Dego Finance ecosystem has grown in value from $0.50 to almost $35 , a modest x70 growth. The DEGOUSDT pair price correction began in March 2021 and only in May-June was synchronized with the BTC price movement. In recent days, trading volumes began to enter the DEGOUSD trading pair (perhaps there is a fundamental news reason for this? Write about it in the comments) Increased volumes mean increased interest, and increased interest can trigger continued growth. As of now, there is a possibility of growth in the price of DEGO to the levels of $13.50 and even to $18.50 Local support where buyers will activate buying $9.00-9.50 More global support , where the DEGO price may fall in the future, is in the $6.50 region. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
48
Dego Finance (DEGO) formed big Gartley for upto 250% big moveHi dear friends, hope you are well and welcome to the new update on Dego Finance (DEGO) token. Previously we had a nice trade of DEGO. This time on the weekly time frame chart with BTC pair, the price action of Dego has completed the final leg of Gartley pattern . There is also additional support of 25 simple moving average in the buying zone. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DLong
by moon333
1
DEGO finance we broke down the bottom :(Same as all other Altcoins ! DeGO suffers the brutallity of the DUMP ! where would DEGO go from here ? if bitcoins keeps on dumping DEGO might go even lower and lower below $1 and even below $0.50 !! what should you do ? should i sell ? ==> No ! , hold and pray for bitcoin and the whole market recovery ! also if you think DEGO hit the bottom , try to buy more with more money so when it goes back up you can recover your losses faster and get out of that investment and try to invest in a more well known project like ADA or ONE or LINK etc... new projects that are not well known might fade out in the shadows and may be revived after few years and may die ! Good luck and try to be realistic , no one can know the future , stop listening to youtube people saying DEGO will explode , DEGO will moon etc...
Short
by shadowxsv06
2
DEGO finance taking a short break before mooning !Because the market is going bananas now , expect DEGO to take a break then it will resume its run toward $22 then higher... the money flow is crazy in the market now , Whales are buying mid caps and macro caps altcoins and making $$$. very soon there won't be anymore good mid cap alts to buy for them , they would invest in projects like DEGO , we could see DEGO going all the way up to $50 in a minute ! or could take the long boring way ... just be patient either way... Friendly advice : be careful do not buy the top of any other projects , it is really really dangerous time ! shit is pumping and dumping in a minute ! do not throw your money away ! use your brainzzz you are a trader / investor not a gambler !
Long
by shadowxsv06