DEXE analysisDEXE have a strong support level 10-11.48$.
Currently trying to break a descending triangle also it moving in a box pattern .
You can accumulate some dexe. I am sure you get profit soon.
Use fib and supprort for buy and sell .
DEXEUSDT
DEXEBUSD POSSIBLE HITSHey everyone, its been quite a while. Dexe coin crossed my mind whilst taking a sharp analysis of the most rated coin "Bitcoin" and i really cant keep this on my archives. Dexe has two possible hits which are in side way directions, a daily close above the strong r level ($13.2) will validate an uptrend to the major r level at $15 then followed by a new uptrend to the target price ($25). In the event we see a downturn to the mid s level and the support level, it'd be a perfect time to buy more of this coin regardless of the state of btc. Eke, looking at the core of alt coins they could determine the next possible phase of bitcoin.
Trajectories of these s\r levels have been provided on chart. You can drop a line if you've got questions.
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is DEXE ready for the pump like we saw with NU?YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
DEXE quick tradeDEXE seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 13.35 and even higher. Check the related idea to get the bigger picture.
ENTRY : local high @ 12.53
SL : local low @ 12.29
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 13.35
RRR : 3.4
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
DEXEBUSD { DEXE } - BULLISH SETUPANALYSIS 🔎
- DEXEBUSD hit an all time high and retraced.
- Price retested the all-time low support (@2.618).
- There was a relatively high concentration of buyers at that zone.
- The downtrend was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- Price then hit a swing high (@23.499) and retraced.
- The retracement was bounded in the falling wedge pattern
- Price then retested the key fibonacci retracement zone (0.5 - 0.618 - 0.786) and brokeout above the falling wedge resistance, hitting a lower swing high (@17.7).
- Price is currently retesting the falling wedge resistance, horizontal support level (@12.2) and key fibonacci retracement zone.
- This current retracement is resisted by a descending trendline resistance (not quite visible on this timeframe).
- Breakout above this descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the descending trendline resistance.
- Limit entry: retest of the horizontal support level (@10.475)
TARGETS 🎯
- Horizontal resistance level (@17.7).
- Horizontal resistance level (@23.499).
- Horizontal resistance level (@31.873).
SETUP INVALIDATION ❌
- Initial invalidation: breakdown below the horizontal support level (@10.475).
- Final invalidation: breakdown below the 0.786 fibonacci retracement level.
Eğlence 🥂
DEXEUSDT { DEXE } - BULLISH SETUPANALYSIS 🔎
- DEXEUSDT was bounded in the falling wedge pattern.
- A 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 a symmetrical triangle pattern.
- There's a breakout potential
BUY ENTRY ⬆️
- Breakout above the symmetrical triangle's inclined resistance.
TARGETS 🎯
- Horizontal resistance level (@11.88).
- Horizontal resistance level (@12.85).
- Horizontal resistance level (@15.424).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.