DREP updateIf this support fails to hold who will pick up Drep at $1.6 support. Hit the like button 😌
DREPUSDT trade ideas
Is DREP the next 5X, or not?DREP has finally broken out of the download resistance in the one hour time frame. Is this a sign or should we wait for more confirmation? I think DREP 5X time is now, or what do you think?
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🆓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"
DREP TO THE MOON LONG!Drep as I spoke about before recently underwent a 100:1 resignation on max supply, looks really good. I posted with a 30min chart by mistake last time. Heres the update.
Will $DREP continue to loose value?Ever since the $DREP 100:1 upgrade, drep pumped a little and had been taking a serious correction in a falling wedge pattern. After today's Drep AMA, I would expect to see a breakout of the falling wedge pattern upwards. I'll long on the confirmed breakout. DREP to the 🌕 🚀
DREP USDT Possible outcome next 24hrA brief analysis on a possible price recuperation based on time.
DREP USDT LONG SIGNALBUY: price above the Blueline
SELL: price equal Greenline
STOP LOSS: price below Redline
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/USDT 260% long very possibleDrep has just recently had a 1:100 reorganisation meaning they have reduced their total supply from 10billion to 100million. This coin will not stay at 3 dollars with that kind of supply.
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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
one of scenario that DREPUSDT can increase (DREPUSDT Long)In this scenario , we can see that downward trend break after that is stable and Preserved Uptrend then we can see increase
DREPUSDT opportunity with high Reward/Risk RatioBINANCE:DREPUSDT has shown many signs for being bullish in the long-term, including breaking a long-term down-trend & a nice pullback to it. It has been on an uptrend since the beginning so the probability for continuing its trend is higher.
Target & the Stop-Loss is shown in the chart.
Please follow the money management rules.
Good luck.
🆓Drep/USDT Analysis (2/2) #DREP $DREPDREP has been moving sideways around $0.004 zone for almost 2 months and it may be time for a strong increase in DREP.
DREP is heading to 0.005$, 0.0065$ and even 0.01$ in early March.
However, $0.005 zone is a very strong and there is definitely a strong selling force here and it will take DREP for a lot of time to conquer.
📈BUY
-Buy: 0.0039-0.0041$. SL if B
-Buy: 0.0049-0.0051$ if A. SL if B
📉SELL
-Sell: 0.0049-0.0051$. SL if A
-Sell: 0.0065-0.0068$. SL if A
-Sell: 0.0095-0.01$. SL if A
♻️BACK-UP
-Sell: 0.0039-0.0041$ if B. SL if A
-Buy: 0.0025-0.0027$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
