DEGOUSDT.P trade ideas
DEGOUSDT (DEGO FINANCE) - BULLISH SETUP ANALYSIS 🔎
- DEGOUSDT hit an ATH and retraced.
- Price retested the flip horizontal support (FHS) and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There was a relatively high concentration of buyers at the retest zone.
- The retracement was bounded in the falling wedge (FW) pattern.
- The falling wedge pattern is a bullish reversal pattern.
- Price brokeout above the falling wedge's resistance as expected.
- This is a bullish signal.
- Price action is printing the double bottom neckline on pattern.
- The double bottom pattern is a bullish reversal pattern.
- The downtrend at the right bottom was resisted by the descending trendline resistance (DTR).
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
BUY ENTRY ⬆️
- Market price.
TARGETS 🎯
- Horizontal resistance level (R1) / Neckline resistance (NR).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Initial invalidation : breakdown below the double bottom horizontal support level (S1).
- Final invalidation : breakdown below the 0.786 fibonacci retracement level.
#DEGO has plenty to go$DEGO has still a lot to go, with that break out the way is up to previous top or for a new ath, min.110% potential with a great R:R, one of those alts you should get at this low.
Long DEGOUSDT 290321Entry: 18.0 - 18.5
Stoploss: Under 15.2
TP: 24.7 - 28.7 - 31.7
**Please manage risk carefully
DEGO: Big Gain Swing Trade DEGO is looking great volume-wise from a Wyckoffian accumulative aspect. Markup should be imminent; this simple chart can be used to track its trajectory should you decide to take a position. This one can make you some serious money if you're willing to ride it out. And that's just what I intend to do :)
NOTE: I am not a financial advisor. Join me and trade my charts at your own risk.
*If you have strong hands, patience, and like big wins and big money, follow me. I track all the USD & USDT-paired cryptocurrencies on Coinbase Pro, Kraken, Gemini, Binance, along with many other coins & tokens on various exchanges, and regularly seek out the best swing trades available to make money for us. All my charts are clean, straightforward, and easy to follow. My TA is based on Wyckoff phase analysis, Elliott wave count & Fibonacci extensions. If some of my sell zones seem conservative, it's only because I believe in exiting while still holding the fat money bags! The more intrepid traders can let the winners run a bit longer. Good luck and safe trading to all!
**Unfortunately, I can not give custom entry and exit prices, stop-loss percentages, or offer advice on when and how to take profit other than my own entries and targets which are already on the charts. Thank you for understanding.
My trade wins for March 2021 (Total Gains: 527.58%)
1. Filecoin: 31.92% in 14 days
2. Kyber Network: 12.09% in 7 days
3. Loom Network: 66% in 10 days
4. Ravencoin: 78.55% in 11 days
5. NMR: 19% in 2 days
6. Elastos: 178% in 15 days
7. Qtum: 66.84% in 24 days
8. Filecoin: 24% in 5 days
9. AION: 22.83% in 2 days
10. Flamingo: 28.35% in 1 Day
DEGOUSDTDego Finance is a NFT+DeFi protocol and infrastructure with two functions: The project acts as an independent and open NFT ecosystem drawing users to the blockchain space. The NFT Suite offers services covering the full NFT lifecycle, enabling anyone to issue NFTs, participate in auctions, and trade NFTs.
Donation
We are a team scattered around the globe and decentralization is our cause. We are grateful to all supporters thus far. To help DEGO sustain and build better products, we have decided to accept donations and here is the address for incoming donations. The use of each donation will be made public on chain
ETH: 0x9Eb779Db80A0eA201EBa506b8708550B4BF633eF
BTC: 1Pv7yLWSsfj5FpJzornfaS9yhq3SBqbBVA
TRON: TGXvXcPZZofkkLYhE6hkXMTUj5cdKZYgp2
Polkadot: 13myyNpFTbmaDPh59EaBpQ4efodWk3GKKq5edK72dC9puFmH
Binance Smart Chain: 0x9Eb779Db80A0eA201EBa506b8708550B4BF633eF
LEGGO DEGO!!!Hello Traders,
Looooovely setup here on DEGO, the Micro setup might break, but I am pretty confident in the larger setup holding.
Key levels on the chart.
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own personal psyche
#DEGO when volume comes inOne of those coins that has not yet substantially pumped. DEGO setup is really nice sitting on that breakout retested and when volume comes in again this will give you a nice x to your bag.
entered here, dyor.
degousdtbuy , strong , i am in dego from last night m target is highest points of green box in shared signal
DEGOUSDT Waiting for the falling wedge breakoutDEGOUSDT (4H CHART) Technical Analysis Update
Waiting for the falling wedge breakout
DEGO/USDT currently trading at $17.80
Long Entry-level: only buy after the resistance line breakout
Stop loss: I will update once I see the breakout
Target 1: $24
Target 2: $30
Target 3: $35
Target 4: $40
ALWAYS KEEP STOP LOSS...
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DEGO İS READY FOR BOUNCEDecreased triangle Re-test: Completed
Shoulder-Head-Shoulder: Completed
Short-Term Target: 23$
This is not financial advice, these are only my notes.
