DREP wakes up#DREPUSDT
$DREP is trading between parallel trend lines. price hold above ascending support line and heading up to parallel resistance.
I think it has potential to touch the second resistance around $1.13, and in long term possible to touch prices above $2.6
Drep
DREP/USDTDREP Formed bullish ascending broadening wedge pattern on 1D time frame.
It's going to test $1 in coming days it’s still in buying zone.
DREPUSDTsee and watch :)
The trend line has been broken and the price has hit it and it seems that it can increase up to the specified range ...
DREP/USDT preparing for next wave DREP /USDT currently correcting after a huge pump last week. Currently at the support order block. Time to get in for a quick scalp
Entry zone - $$0.5 - $0.477(wait for the right entry)
Target 1 - $0.523
Target 2 - $0.541
Target 3 - $0.585
Target 4 - $0.623
Target 5 - $0.92 (Mid term goal)
This is not financial advice. This prediction is purely based on technical analysis. Please DYOR. Place stop loss below $0.422
$DREP, 12H later, up to 35% up (20% right now)$DREP
12H later, up to 35% up (20% right now)
UCTS indicator 1D Buy signal as trigger..
Facing the 1st important level at ~1900 sats w/ volume not seeing since May
Willing to let it run and see how it goes
#DREP
DREPBTC Has Broken Above the Resistance H12
Welcome back Traders, Investors, and Community!
Hi Traders, DREPBTC on H12 has broken above the Resistance by a large green candle, it seems it’s going to retest before it continues higher. On the lower TF we can look for potential entries around 0.00001275
⬆️Buy now or Buy at 0.00001275
⭕️SL @ 0.00000984
✅TP1 @ 0.00001844
✅TP2 @ 0.00002247
✅TP3 @ 0.00002943
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
🆓Drep [new] (DREP) June-22 #DREP $DREPDREP lost the $0.4 zone but it still has a high chance of regaining it and rallying back to the $0.50 and $0.65 zones in early July. But if it can't do that, it will continued to fall strongly to the $0.225 zone
📈BUY
🔴Buy : 0.39-0.41$ if A. SL if B
📉SELL
🔴Sell : 0.485-0.515$. SL if A
🔴Sell : 0.635-0.665$. SL if A
♻️BACK-UP
🔵Sell : 0.39-0.41$ if B. SL if A
🔵Buy : 0.22-0.23$ if A. 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
DREPUSD - Falling Wedge BreakoutDREPUSD - Bullish breakout with increased volumes suggesting a turnover to 1.13/1.80 in the coming weeks. Stops below previous day's low.
DREP - It's over for nowDREP is all Neutral now. there are no buy/sell volumes on this coin.
I'm putting this chart because too many of you guys might have seen the Binance gainers list and want to buy this coin but it's going to consolidate for a while now.
There are support and resistance areas on the chart in case the price started moving.
Good Luck
Tell me your ideas. Like and Share
DREP/USDT Bullish Breakout of falling wedge. 5x PotentialDREP rallied towards its new tokenomics and did bleed since.
We now got a bullish breakout out of the falling wedge indicated by the yellow lines.
Wait for confirmation of a trend reversal. A bounce of the violet line would give us this confirmation.
Decentralited reputation system (DREP).
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
🆓Drep/USDT Analysis (20/4) #DREP $DREPThe buying force is coming into DREP and it could move up to 2.2$ zone again to conquer this zone. But I think it will take us some days to break this zone and move up to 2.8$, 3.5$ or even 5.5$ in this April
📅EVENTS
👉Sep 1 : Token Reduction
👉Dec 31 : Verifiable White List
👉Dec 31 : Launch of DREP Credit DID
👉Dec 31 : Credit Mechanism V1
👉Jun 30, 2022 : Social Credit Mining
📈BUY
-Buy: 1.7-1.8$. SL B
-Buy: 2.15-2.25$ if A. SL B
📉SELL
-Sell: 2.15-2.25$. SL A
-Sell: 2.8-2.9$. SL A
-Sell: 3.4-3.6$. SL A
-Sell: 5.4-5.6$. SL A
♻️BACK-UP
-Buy: 1.3-1.4$ if A. SL B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
DREP TRY TO BREAKDrep try to break out "downtrend RSI crossover".
Buy and hold waiting to the moon
TP1: 6000 Sats
TP 2: 8000 Sats
TP3: 12000 Sats
TP4: 16000 Sats
TP5: 20000 Sats
🆓Drep/USDT Analysis (13/4) #DREP $DREPDREP is approaching the 2$ zone, which may be the start point of new rally up to 3.5$ and 4.5$ zone in the next few days
📅EVENTS
👉Sep 1 : Token Reduction
👉Dec 31 : Verifiable White List
👉Dec 31 : Launch of DREP Credit DID
👉Dec 31 : Credit Mechanism V1
👉Jun 30, 2022 : Social Credit Mining
📈BUY
-Buy: 1.9-2.1$ if A. SL B
📉SELL
-Sell: 3.4-3.6$. SL A
-Sell: 4.4-4.6$. SL A
♻️BACK-UP
-Buy: 1.5-1.6$. SL B
❓Details
Condition A : "If 6H candle closes ABOVE this zone"
Condition B : "If 6H candle closes BELOW this zone"
DREPUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price, as you can see, is experiencing a decline, and in the one-day timeframe you see that it is trapped in a triangle and trying to get out of it. We have to wait and see which way the price moves, then we can decide with peace of mind. Let's take
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
DREP.UST (Y21.P2.E1.v2). Bullish structure.StalkingHi Traders,
This is a continuation of the previous post, link supplied below.
The formation seems to be 2 step:
Breaking out of of a descending wedge and now potentially inverse H&S.
How to trade this?
Wait for the breakout and buy in the retouch of the neckline OR buy on the breakout.
They both have their own risks.
All the best,
S.SAri
PREVIOUS POST
DREP.UST (Y21.P2.E1). Macro.1st Phase of WyckoffHi Traders,
DREP had a nice rally and peaked with a 40% pullback which usually gives a nice bounce or rally falling short from its previous high (now expecting)
This tends to be the hallmarks of a Wyckoff Distribution or Re-accumulation structure.
For now it can be a break out from a wedge or take form of an inverse H & S.
Its very unlikely that we can have a deep pullback but more so, a ranging price action in this box in the coming weeks.
All the best,
S.SAri
$DREP, crossing above ~20 sats..$DREP
Looking for a potential entry as price is crossing above ~20 sats for the 1st time since October '20
Looking for a flip into support as signal of continuation (retest already happening on the 12H)
UCTS signalling a 1D Buy (usually strong)
Key to break above ~24sats
#DREP
DREPBTCOn 2h chart, it's going along the way with MA200~360. On daily it has yet to reach those MAs.
Not financial advice, do your research