DEGOUSDT.P trade ideas
#DEGO Breakout Expected Targets in the medium term
Buy Between : 10$ - 8$
Targets :
21$
25$
49$
78$
Stop loss : 7$
Dont Forget Risk Managment
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Can DEGO Finance come back up?This is a low cap and low token supply coin. It is related to Defi, NFT's and Metaverse (important with today's hype). With some good news this coin could absolutely explode. Every time we saw the 20 MA cross the 50 MA we a nice pump, is it in the beginning of the pump rn? If not back to the downside...but I see it go back at least to the 0.5 fib extension level before that.
What do y'all think?
*not financial advice*
Binance: DEGO buy / long 1DBinance: DEGO buy / long 1D
Entry: 10
SL: 1D close below 8.5
TP: 14 - 16
Dego Finance (Dego) is a cross-chain NFT+DeFi protocol & infrastructure, and an open NFT ecosystem where anyone can mint NFTs, initiate NFT mining, auctions and trading.
Dego also offers a cross-chain infrastructure to enable blockchain projects to grow their user base, distribute tokens, and develop more diverse NFT-powered applications. The project is also building a parachain through Substrate, enabling cross-chain NFT asset transfers, combining applications and underlying protocols.
DEGO is the utility token of the Dego platform and has the following use cases:
Governance: DEGO token holders will vote on platform parameters to navigate the project’s economics and developments.
Incentives: DEGO tokens are used to incentivize user participation in bounty hunting, referrals and other programs in the future.
NFT Suite: DEGO tokens are required for NFT minting, staking, auction, trading and more.
System Tax: Users who transact with DEGO tokens will contribute to a dividend pool.
The platform includes the DEGO NFT Suite, offering a complete suite of products to manage the lifecycle of NFTs:
NFT Foundry: Mint NFTs with unique attributes and rarity grades by depositing DEGO, ERC-20, or BEP-20 tokens. DEGO Finance's NFTs are backed by the token deposits during the minting process, and can be decomposed to release the deposited tokens.
NFT Mining: Stake NFTs and mine rewards.
Auctions: NFT auctions are carried out in the form of FOMO3D auctions.
NFT Marketplace: Users can trade NFTs at Treasureland.
ScanDrop: A dApp for users to participate in NFT airdrops by scanning QR codes.
#DEGOUSDT (Watchlist) 10/21#DEGO maybe worth it to add this coin to your Watchlist. 👀
Pree "like button" and leaving your "comments" below our ideas is a great thing and supports us to providing more ideas.❤️ (Share it with your folks)
Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, borrowing, and lending, etc.
This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. the Cryptocurrency market is very volatile and involves gains and losses as well so know very well what you are heading towards before engaging in it.
The information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
Good luck to All.
🙏we ask Allah reconcile and repay🙏
what do you think about DEGO ? Market Cap
$100,444,278
this is a good sign! here you can read about DEGO
Launched in 2020, Dego Finance is a decentralized ecosystem that offers a diverse combination of non-fungible token (NFT) and decentralized finance (DeFi) tools. It is an independent, open NFT ecosystem.