DAGUSDT trade ideas
DAGI know someone that shills this everyday so I thought I might as well chart it.
Pull back at 78% just around a broken and retested trendline.
Seems like a good long opportunity, with an adequate stop being at 0.0586
Ideally I'd want for BTC to change its short term trend, have a bullish daily close.
Along with DAG showing 1H HH/HL sequences.
DAG is seeking a new ATH.We had a pretty nice run on DAG constellation, the underdog between a strong hbar and other data coins. DAG is still climbing up in market cap as it climbs up in de top 200 list it also draws much attention from big buyers and thus it brings many volatility with the moves. Some did catch the dip very nice around 0,03. Constellation is no zone for the new into crypto. If BTC or ETH turns out to go mad bullish for some reason this wins on the small cap gems will flow out like fireworks on tomorrowland's last day. Be careful. Im looking out on daily basis what to do with my investment. ATH regions are very volatile and cruel for new people. Many examples in this industry. I sure believe the 15 cent could be a great zone for old investors to cash out. I could also be completely wrong. Once I said ADA 50 cent region could be a good cash out zone... hehe ADA went full mad to 1 usd a few 4H candles later.
Constellation - DAGUSDT + DAGBTC DAGBTC has show tremendous strength. One of the very few best performers during this downturn in the market. Clearly much stronger than the rest and pushed higher than several key levels. Versus the USD it doesn't look as strong, but this massive base in BTC terms will probably come to an end and this could fly.
DAG retesting previoust local high. UP ONLY from hereDAG blasted through the previous local high and is now restesting it. That resistance level has become a support level. Perfect buy entry opportunity:
* Flipped previous resistance into support.
* Volume increase.
* Daily upward trend continuation.
Stop Loss: ~0.083
Only Up from here!
Constellation looking very strong and cleanDAGUSDT came out of a nice accumulation range since the pair launched. Before that it looked like a massive accumulation on DAGBTC which actually had a strong move up but then came all the way back down. Made a new ATL just short term and then continued much much higher. The current pattern doesn't look exactly like a pennant or a flag, but it definitely a bullish continuation pattern that could go up anywhere from 70-100%.
Watching CONSTELLATION (DAG) CloselyConstellation has been ranging in its own bear market for a very long while however, with all coins popping, it too exploded. Price action is likely to print a parabola just like many other low cap coins. I believe it is worth taking a close look at Constellation.