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DESOUSD

DeSo - DESOUSDT - Ascending ChannelGreetings, DeSo is one of our favorite coins for the upcoming bull run and it has been performing to justify that! Currently it is in an ascending channel and trying to break out above. Previously $40 was a resistance but within the channel $40 has now become a support based on accumulation during past few days. With Bitcoin ETF distraction now over, DeSo looks ready to grow. Once it crosses the $50 threshold, next few jumps should be faster until we get to $100 which will be a psychological resistance. Please FOLLOW to stay up to date! Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
DLong
by figuring_out_the_dream
DESO - DESOUSDT - Bullish ConsolidationGreetings, If you have been following us, you know that our calls on DeSo have been successful from the very first one we made before it had started to move higher. We expect this coin to do really well in the weeks and months to come with a long term price target between $1200 to $1600 per coin which gives us a 30x to 40x growth from current price levels. Since the last move up, DeSo has been consolidating and has created bullish wedge pattern. the pattern converges on Jan 3 therefore it will either break up or down before then. The next move up may take us close to $60 mark, Even though this is a bullish signal and we expect to reach out long term target over the next year, high market volatility expected due to BTC ETF may cause a lot of turbulence. Due to which relatively smaller coins like DeSo may see significant downside. For that our short term target for a down move is around $18 to $20 which would be a huge accumulation opportunity for this hidden gem. All investors should manage their own risk. From our end, we will provide our analysis as frequently as we can. Please SUBSCRIBE to stay up to date! Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
DLong
by figuring_out_the_dream
DeSo - DESOUSDC - Gems SeriesGreetings, If you go into our older ideas prior to the beginning of the Gems series, we had been following on DeSo for the very reason it is just charting! Therefore we have decided to include it in our Gems Series. DeSo claims to be the first blockchain built for the purpose of serving as a decentralized social platform and seems to have achieved a lot of milestones in your road map. The user base compared to big projects like internet computer seems low but the progress on this blockchain for SoFi seems to be most advanced. Perhaps if they invest a bit more on marketing, the user base shall grow significantly quickly. We have been publishing about DeSo when it had just breached $10 and today it may as well breach $20 just in a few days since our analysis. We still see a lot of growth potential in this coin and as previously forecasted, we still think this can achieve MUN:10B marketcap. Here is the report on the selection criteria. 1- Project Status = Active 2- Industry = Social 3- Community Involvement = Healthy 4- Prominent Listings = Coinbase, HTX 5- MarketCap = $177M 6- Coin Supply = Cir: 10.5M, Tot: 10.8M This is medium cap now and has a lot of room to grow. Based on the factors, this coin has a potential for 10x to 50x rally. Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
D
by figuring_out_the_dream
DESO - Strong Basics - Hidden Gem?Greetings Everyone, Looking at DESO - DEcentralized SOcial - They claim to be the first blockchain built for the purpose of serving as a decentralized social platform and seems to have achieved a lot of milestones in your road map. The user base compared to big projects like internet computer seems low but the progress on this blockchain for SoFi seems to be most advanced. Perhaps if they invest a bit more on blockchain viewer and marketing, the user base shall grow significantly quickly. Back to the analysis - This is listed on Coinbase and HTX - Total coin supply is only 11M - Market Cap is under $100M - The coin has been in accumulation phase for a year and had a breakout recently If SoFi gets it phase during any part of the next bull run, this will be one of the front runners. After the breakout, currently it is creating a flat top and ascending bottom wedge pattern which favors better probability for bulls. And a small market cap like this has a potential for 100x growth over the next few months. Note: This is not financial advise and shall only be used for educational and/or entertainment purpose.
D
by figuring_out_the_dream
2
DESOUSD Bullish and bearish levels with the 1D MA50 supportingDecentralized Social (DESOUSD) has caught my attention ever since the 99.500 Double Top on March 28. That was a rejection on the previous High of January 24 and ever since I've been waiting for a clearer set-up. On April 09, the price stopped correcting and started to rebound (3 straight green 1D candles including today's) right before touching the 1D MA50 (blue trend-line). That is the first bullish sign in the past 2 weeks. With the price on a Channel Down and the Lower Lows supporting, the bullish signal would be completed if DESO breaks above the Channel and the previous Lower High of 59.000. We'll treat that as an instant bullish break-out signal aimed at 99.500. On the other hand, a break below the Lower Lows will be treated as a bearish break-out signal targeting the 27.900 Support. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
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by TradingShot
4