impressive movement potential for Degenthe market is simply boiling for the meme Degen on base network, the price chart has dramatically increased few days breaking the descending triangle with impressive movement looking for alt high Longby omda7239346Published 220
DEGEN Accumulation Strategy: Key Resistance Zones for Gains! Overview: MEXC:DEGENUSDT.P is currently in a consolidation phase, with large holders (whales) strategically accumulating during price dips. This presents an opportunity for both short-term trading and long-term accumulation. Investment Strategy: 1. Accumulation Phase: - 🟢 Buy Zone: $0.002 - $0.005. - 📈 Signal: Monitor whale accumulation and low retail activity as confirmation. 2. Short-Term Trading Targets: - 🎯 Target 1: $0.01 – Short-term resistance. - 🎯 Target 2: $0.02 – Previous local high. - 🎯 Target 3: $0.03 - $0.04 – Major resistance zone. - 💡 Entry Signal: Significant uptick in large transactions or volume increase. - ❗️ Stop-Loss: Set at $0.0015 to manage risk. 3. Long-Term Holding: - 🛒 Strategy: Accumulate during dips within the buy zone. - 🔍 Monitoring Points: Watch for whale inflows/outflows and network activity. - 🏆 Exit Plan: Consider partial profit-taking near $0.03 and hold remainder for potential higher targets. Risk Management: - 🚨 Stop-Loss: $0.0015. - 🔔 Alerts: Set for whale inflows/outflows and large transactions to adjust strategy accordingly. Conclusion: DEGEN presents a strategic opportunity for both short-term gains and long-term accumulation. Use defined targets and manage risk carefully. Stay vigilant of whale activity and market sentiment changes for optimal trade execution. 📊💪 Mini Report: Price Analysis: - DEGEN peaked around $0.06 in March 2024 before stabilizing in the $0.002 - $0.005 range. This indicates potential for a recovery if accumulation continues. Holder Distribution: - Retail investors dominate, with most holders owning 0-10k DEGEN. Whales have shown accumulation during dips, signaling potential for price support and future rallies. Key Metrics: - 📈 Active Addresses: Declining trend post-peak suggests reduced engagement, but steady accumulation by large holders is a positive sign. - 🛡 Long-Term Holders: Stable number of long-term holders (1 year or more) provides a foundation of committed investors. - 🐋 Whale Activity: Monitoring whale inflows is crucial, as their behavior often precedes major price movements. Outlook : With a solid accumulation strategy and well-defined targets, DEGEN offers a compelling investment opportunity. Keep an eye on market sentiment and whale behavior to adjust your strategy accordingly. 💪🚀 Longby TradeGod_1111Published 112
Degen ready to give a entry for next 10x?degen chart 1H , marked the important levels and found a daily fvg , looking to add some near red lines and hold for some time , memes are booming in this market and degen is gonna be one of themLongby Shady_chartsPublished 112
DEGEN/USDTBYBIT:DEGENUSDT This idea has a long-term profit target. All targets are indicated on the graph. - Risk 1-3% on deposit - R/R min 1/2 P.S (This is not an investment recommendation, this is my personal opinion.)Longby DpS_WTFUpdated 15
Degen on weekly similar to BTC on monthlyThe market consists of 4 phases of accumulation, ascending, supply and descending As you can see, Degen, like Bitcoin, is currently in the accumulation phase Usually, the accumulation phase is long and tiring I predict that this phase will last about 2 months Then we can see the beginning of the upward phase My prediction is to see $3 in early 2025Longby Z3ususPublished 118
DEGEN/USDT Breakout PredictionDaily DEGEN/USDT Analysis In the daily chart of DEGEN against Tether (DEGEN/USDT), the price has been moving within a descending wedge pattern. Recently, it made contact with the bottom of this wedge, and with the current bullish momentum indicated by a 4.33% increase, there is a strong possibility of a breakout from this pattern. Technical Analysis: Descending Wedge: DEGEN has been consolidating in a descending wedge, which is typically a bullish reversal pattern. Recent Bounce: The recent contact with the bottom of the wedge and subsequent bounce suggests a potential upward breakout. Relative Strength Index (RSI): The RSI is at 27.47, indicating that DEGEN is in oversold territory and may be due for a reversal. Price Prediction: Based on the analysis, it is predicted that DEGEN will soon break out of the descending wedge upwards. After a potential short-term correction, the price is likely to move towards the target of $0.065096. This presents a good buying opportunity with a significant potential upside. Disclaimer: I am not a financial advisor, and these predictions should not be taken as financial advice.Longby MaxnaliePublished 8
DEGEN LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. DisclaimerLongby bullstraders7Published 0
DEGEN support @ Range POCThe 4h range Point of Control looks like a good support level if we come down locally. I dont yet have a perspective on the DEGEN long term outlook as the market surfs. If we break below the rPOC then the VAL (value area low) is next to watch. Not Ever Financial Advice.by AltisonaUpdated 116
DEGEN - Degen setupA meme turned into blockchain. making Adam and eve pattern. and then probably even a bigger Adam and eve pattern (much bigger). giving us a good entry zone and two cleap TPs. deatils in the chart. #Manage your risk #Not a financial advice. It's just a trade setup I found.Longby crypto_gambler_Updated 0
Degen early accumulationI'm looking to accumulate Degen around the 0.01 area in the coming months. I'm not a big fan of layers but the team and community is active and constantly working on new projects and ideas so it overshadows their hideous token metrics. This project has huge potential upside IMO. Degen will be added to the bag. Longby timothyleeUpdated 113
DEGEN - BYBIT - Good Risk-ReturnDEGEN is another coin that caught my attention- retesting the lower lows, like many other coins Degen, an ERC-20 token launched in January 2024, has reshaped the Farcaster ecosystem by enabling Casters to reward others with DEGEN for posting quality content. Our points system recognizes unique posts and comments, effectively bridging the gap between online contributions and real-world value. Degen is an unofficial token that were distributed to the community on the decentralized social network, Farcaster. Degen started as a reward token for participants in the Farcaster Degen channel. What began as a meme coin now boasts a substantial following of developers, crypto content creators, and enthusiasts who have bought into the coin.by blackriver85Updated 220
DEGEN: $0.030 | Think Reddit Android & Google Labsprobably the future of humanity a hobby turned into a mission now a culture making waves in the layer 3 space it takes a while to wrap your heads around Blockchain Layer 1 2 and more so 3 in laymans a chain within a chain within a chain with Degen PEPE as first meme in the Layer 3 scece we all know first advantage is a life changing like COG GROK WOLF at ground levels this one is yes the CHAIN Degen and more so its project DePepe this could overshadow WiF ha ha ha by senyorUpdated 7729
DegenWhales accumulated on designed area. Still in accumulation, not ready to move higher yet, chances of retesting lows or lower.Dby FeyDeFiPublished 4
BB+RSI 2024BB+RSI 2024 this indicator is simple way to gain a win rate averaging 60-70% since in the past years. according to traders the indicators works on the higher time frame (1H, 4H). Thanks for reading ♥ by crist2402Published 221
DEGEN - Trade 7 and 8 Best example of pagiging aligaga putangina wala naman confirmation pumapasok agad. LOLLongby lancelottttPublished 1
1600% upside We just broke out of the mega structure and top of the channel is around 36 cents. Longby RamysamaraPublished 8
DEGEN NEW POSSIBILITIES IN PRICE ACTIONHi Traders, I hope you all are doing well and navigating the crypto market with your best strategies. This update is for DEGENUSDT. Degen is looking interesting over the next time frames and may show increased volume. That's why we're keeping an eye on this coin. $0.025 is a key confirmation zone. If the coin breaks this level, there's a high chance it could reach $0.039. Remember, there are no guarantees in the market. Always follow a consistent system based on your own strategies and analysis. Good times, everyone. This update is not trading or financial advice .Longby SatochiTraderUpdated 5
a patterni am waitin break up of red resistance line and exit from green pattern. what do you do? by akbarkarimzsfehPublished 3
Degen/UsdtGood time Due to the news that Degen published some time ago, the fans were a little worried, the fall that happened was definitely not without impact, but if it can get out of its downward trend, the hope of growth is not out of favor. Meanwhile, keep an eye on Bitcoin Goodbye Longby SeyedmobinmatinPublished 5
Sold Degen at 0.035 will buy back at 0.02If Degen is not holding at 0.027 it will go to 0.02 easily at creating a Double bottom. My bias is we see a lower low at 0.017 and then pump from there, of course if bitcoin is pumping to 72K then surely this shall be the bottom. But bitcoin also looks like it wants to touch 58K at least. Shortby bringtbullUpdated 1110
hihgt probabity to go up harmonic pattern with time zone we have ; 1-Harmonic pattern on D1 2-time zone on H4 3-divergence on RSI TP 1 : 20 % TP 2 : 40 % from this price . GOOD LUCKLongby HUNTMARKETPublished 111
An other leg coming to degenDegen is in correction phase for 40 days & we are in falling wedgeby Z3ususPublished 338