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DAGUSDT trade ideas

The bears are concerned about the increasing price of DAGConstellation Coin price broke out of a descending wedge pattern on 23 March and now appears to be slightly bullish. DAG token price is seen trading above the important moving average but it is yet to hit the 200-EMA. For the upcoming trading session, the range of the consolidation phase (green box) may act as a demand zone and $0.28 represents a resistance level according to the 0.5-level of Fibonacci retracement. The Super Trend indicator posted a bullish signal for the buyer last night, which could be the first of a trend reversal for the DAG coin price. The Constellation Coin price is approaching the 200-day moving average (red), which is a zone of volatility. Other 20,50 and 100 EMAs are remaining below the current price of DAG coin in terms of the daily price chart. Recently, the Relative Strength Index (RSI) took support at the half-line (50-point) before moving higher. Now the RSI is at 65-level and is going to move into an overbought area on the daily price graph. Technical Indicators Constellation Coin is spotting a bullish trend after breaking the boundaries of a falling wedge pattern. RSI may complete its journey to overbought zone before any trend reversal sign Support level - $0.1200 and $0.100 Resistance level - $0.200 and $0.280
Long
by TheCoinRepublic
DAGRiding the 7EMA up to resistance = rising triangle, likely to break within the next 2 days. Im very familiar with this pattern on the smaller timeframes, so to see it on the daily level tells me that this will likely bring a nice 15-20% move. Just an assumption. Nice range in play, current price ~middle range, however there is good momentum. boolish. Worse case scenario price drops and retests the last broken resistance and finds support. SL under 7EMA. Prev. DAG analysis linked.
by N0ST0PL0SS
DAG - Dip Situation$DAG fundamentals have not changed at all - it is posed for mass adoption in the mid to long term. The market crash has caused the whole crypto market dip heavily including $DAG. Depending on the market situation in general and $BTC in particular, $DAG price movement will be working above its first support line (0.12). If $BTC recovers, then $DAG will rise to work up to the its first new resistance level at 0.168. However, if there is no recovery, then $DAG will further drop working above its second support line in the 0.08 to 0.10 area. Rising back up to the 0.168 will still be in play, albeit over 2 weeks, rather than 1 week in the first case scenario. Regardless of the situation, the fundamentals point to the need to accumulate at these prices. This is financial advice. Be advised, act smart.
Long
by A_Crypto_Comment
DAGUSDT - Break Hook and GoDAG has succesfully broken out of this descending broadening wedge / falling wedge pattern, and is currently back testing the supply line as support. On this backtest there is potential Class A hidden bullish divergence on both RSI and MACD indicators. Managing risk for this asset is rather easy; just below the previous low. Continuation is implied for this asset so long as BTC does not keep dumping. Target 1: .618 retrace of the falling wedge pattern Target 2: Measured move of the broadening wedge Target 3: .886 retrace of the entire structure
Long
by SweatyEder
DAG - Falling Wedge Breakout, and Stoch RSI Bullish Cross!DAG - Falling Wedge Breakout, and Stoch RSI Bullish Cross! Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!! People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short-term dips/rise. Short term is irrelevant for the move that is coming! You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News is manipulated by the elites, and they take advantage of our emotions. Stop listening to the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions! Facts: 1. We just broke out from Falling Wedge! Need confirmation on next candle above wedge! 2. Stochastic RSI - Each time we cross, we 13x - 17x. We just crossed again! 3. RSI - highly oversold on the weekly! Will start taking profit once we reach the green box below! 4. Market Cap: 246 Million! Very small market cap Gem! 5. Fundamentally strong! "If you can't beat the fear, do it scared!" "Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet. "Markets are a device for transferring money from the impatient to the patient. - Warren Buffet "Show me the charts, and I'll tell you the news." - Bernard Baruch "The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become." "If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
Long
by jaydee_757
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