DREP/USDT (Longer Sideways)DREP/USDT
-this coin has been trading just above key support area a month now
-no major movement is going on, just clear sideways action
-it is hard to predict which way the market will go inside this channel
-I advise you to wait for the breakout confirmation before entering this market
-Buy only if a clear breakout above local resistance at 3160 range
Drepbtcshort
DREP/BTC (Key Support Retest?)DREP/BTC
-approaching a key area of support at 28 sat
-if we can see buying present in this area for the next 1-2 days
-like multiple bullish rejection candles which signals a potential reversal
-enter a good Buy position with a stop loss below key support
-you will have a good risk to reward ratio on this trade
DREP/BTC (Pattern Broke Bearish)DREP/BTC
-broke bearish of the rising wedge
-the strong support is located at 32-28
-I'm expecting buyers to re-enter the market in that zone
Bearish momentum for DREP/BTCHello, Traders.
The price seems to broken an uptrend channel on the bearish direction I would stay out of long positions on this asset until we have a better confirmation. The target is the key level around the 30 satoshis area.
The price will be looking bullish if we go inside the bullish channel and this all movement will be considered a Bear Trap.
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#DREP/BTC Finally breaking out. Targets Updated!DREP signal was first posted at 17 sats.
We are already up 280% since the entry and it retraced back.
Currently a 30% rally is likely form the breakout point which gives us the targets:
48
54
Entry around 41 to 43 sats can be taken with a SL at 39 sats.
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#DREP/BTC Mid term 100%+ Potential ProfitHello guys welcome to another altcoin update.
You should've noticed that this is the fourth newly listed altcoin on binance which I am posting for you all after CELR, SOL and CTSI.
These are new projects with potential for a long term gains.
In this chart You can simply see price broke out of the trendline resistance and trading above it.
The green region is a good accumulation range so far.
Traders are buying within this range.
I expect it to go sideways within this range for a while and breakout to the upside targets. So here's the trade setup for you all:
ENTRY:
15, 16 and 17 sats
TARGETS:
21
25
30
34
Stop Loss: 14 sats.
This is a safe trade but I would recommend if you intend to take these trades, do your own research and invest only a little amount for the trades because these are new charts with no historical data.
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Thank you
#PEACE
DREP/USDT (Strong Breakout)DREP/USDT
-cross ultimate indicator signal is Long Priority
-a strong bullish breakout above resistance box
-this candle is followed with a big green volume
-recent swing top resistance is reached
-next target is the exchange history top at 5498s
DREP/USDT (Local Resistance Break, Uptrend Resume?)DREP/USDT
-cross ultimate indicator signal is Long priority
-broke above local resistance and holding
-the uptrend is likely to continue
-the key target is up to 3380s
-stoploss is under 1740