DEGO finance taking a short break before mooning !DEGO FINANCE , finally we have secured the $14 support level ,
We might consolidate in this area for a while and moon all the way up beyond $30 !
Next Resistance/Support target is $20 !
With such news " BINANCE bringing in NFT marketplace " i can see DEGO exploding all the way to $100 soon keeping in mind DEGO and BINANCE have an ongoing cooperation and partnership !
Let's just hope BTC stays stable or keeps going up , if BTC crashes suddenly all this would be void !
Good Luck !
Degofinance
DEGO finance Reversal incoming ?? $30 today ?After finding the bottom and many users are hopping in DEGO project recently due to many events DEGO team coordinated we can see that the price started to rally back up !
Next support target would be $14 , then we would find a huge resistance @ $20 .
it depends on the hype , we might reach $30 within few days !
PS : DEGO team are donating 100 000 face masks worth = USDT to india to fight against the COVID problem !
i am not indian but a human , i bought more DEGO just to help another family , another kid , another elder in india , every little helps , thank you DEGO !
DEGO finance bottom confirmed + poloniex exchange listing !DEGO finance bottom confirmed + poloniex exchange listing !
The bottom is in , what we need to see right now is the price going above $14 and find support , after that next target is $20 , then $25.5 , then maybe some consolidation before shooting all the way up above $30 again !
DEGO is such an undervalued project bringing NFT and mining all in one and runs on ETH AND BSC chains !
i genuinly see this project above $200 by the end of the year !
DEGO finance bottomed $20 soon ?From the chart using FIBO retracement we can clearly see that DEGO has found support on lvl 0 ! well that's the bottom , i don't think we can see the price fropping lower than that !
the DIP has been sharp and swift , therefore a hard reversal is expected to $20 ~ $21 lvl !
hopefully if DEGO team bring up some good news or special events DEGO might continue to go up above $30 lvl !
Good Luck !
DEGO finance bottomed + HUOBI exchange listing !DEGO finance bottomed + HUOBI exchange listing !
We just witnessed a spike of the price regardless of btc still dumping , besides there's a small change in DEGO/BTC pair where DEGO is outperforming BTC a bit !
this just happened right after DEGO finding support at around $12 area and DEGO FINANCE team announcing there might be HUOBI listing soon , this in my opinion ( Not a financial advice ! ) an opportunity where we could see DEGO finally breaking $20 resistance and head to $25~$30 area !
the first target is the double !!! (+400%)✅ Buy: 16 - 17.50 ✅
🎯TARGETS:
1- $29.23
2- $52.00 ( take profit for 60% -70%)
3- $88.50
⚠️⚠️ leverage up to 5x till the first target only ⚠️⚠️
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $12.95
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DEGOUSDT Triangle FormationDEGOUSDT (1H Chart) Technical Analysis Update
Triangle formation
DEGO/USDT currently trading at $18.00
Buy-level: Above $18.75 (only buy if 1h candle closes above the triangle)
Stop loss: Below $17.00
Target 1: $19.45
Target 2: $20.20
Target 3: $22.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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DEGO testing the support zoneDEGO is an NFT and DeFi project and NFT coins are doing very well in this bull run. DEGO now testing the support line and we expecting a good bounce from here. DEGO broke the long downtrend with a big volume candle and now accumulation is going on for the next leg up.
Buy Zone: $16.8 - $17
Target: $18.78 - $19.94 - $21.2 - $23.6 - $26.8 - $28.9 - $31.3 - $34.4 - $38.7
DEGOUSDT (DEGO FINANCE) - BULLISH SETUP ANALYSIS 🔎
- DEGOUSDT hit an ATH and retraced.
- Price retested the flip horizontal support (FHS) and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There was a relatively high concentration of buyers at the retest zone.
- The retracement was bounded in the falling wedge (FW) pattern.
- The falling wedge pattern is a bullish reversal pattern.
- Price brokeout above the falling wedge's resistance as expected.
- This is a bullish signal.
- Price action is printing the double bottom neckline on pattern.
- The double bottom pattern is a bullish reversal pattern.
- The downtrend at the right bottom was resisted by the descending trendline resistance (DTR).
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
BUY ENTRY ⬆️
- Market price.
TARGETS 🎯
- Horizontal resistance level (R1) / Neckline resistance (NR).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Initial invalidation : breakdown below the double bottom horizontal support level (S1).
- Final invalidation : breakdown below the 0.786 fibonacci retracement level.
DEGOUSDT Waiting for the falling wedge breakoutDEGOUSDT (4H CHART) Technical Analysis Update
Waiting for the falling wedge breakout
DEGO/USDT currently trading at $17.80
Long Entry-level: only buy after the resistance line breakout
Stop loss: I will update once I see the breakout
Target 1: $24
Target 2: $30
Target 3: $35
Target 4: $40
ALWAYS KEEP STOP LOSS...
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🆓Dego Finance/USDT Analysis (23/3) #DEGO $DEGODEGO is at its important support at 18$ zone, if it keeps losing this zone, it will go down gradually to 14$ zone. But if the buying force come back to push it up, it will turn back and move up to 22$, 26$ and even 36$ zone in the next few days
📈BUY
-Buy: 17.5-18.5$. SL if B
-Buy: 21.5-22.5$ if A. SL if B
📉SELL
-Sell: 21.5-22.5$. SL if A
-Sell: 26-27$. SL if A
-Sell: 35.5-36.5$. SL if A
♻️BACK-UP
-Buy: 13.5-14.5$. SL if B
❓Details
Condition A : "If 4H candle closes ABOVE this zone"
Condition B : "If 4H candle closes BELOW this zone"