DEXT-USD 1H Quick IdeaI didn't give this much thought, but here's what I got at first glance. Breakout on increasing + above average volume (see arrows). bull flag, if confirmed, can run to 0.90.
Always use stop-losses.
Dext
DEXTUSDT ❤️ Trend Continuation Set upAs you can see DEXT has been in a rising channel until it eventually gave the breakout pattern after touching Supply Zone marked by the red rectangle afterwards price got rejected. Please take this area as our Take Profit zone.
We have a perfect triangle formed making lower highs consistently now it's about to burst. So we either get:
Breakout upwards wait for a re-test and enter long.
Target would be: 0.85 area
Breakdown and wait for a re-test and enter short.
Target would be: 0.45 to 0.47 area
Please note this is a long term set up. Manage risk accordingly. I'll update situation when price makes a relevant move according to our idea here.
Regards,
Kina ❤️
DEXT---> what are you doing bro?!hello guys...
this chart has not enough data for analysis, so "no comment" :)
who wanna shit coin?!
_______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
