DEGOUSDT.P trade ideas
DEGOUSDT"As we enter the bullish season, the initial target to aim for is
target : 27 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
DEGOUSDT| Long position from the level!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
You can try to take a small Long on DEGO with a short stop loss, and the deal is allocated no more than 2-3% of the deposit with a leverage of 3-5X.
Deal plan:
Entrance - 1.332/1.325$
Stop - 1.3$
Take - 1.385, fix 50-60% of profit, transfer stop to used.
Guys, be careful, coins sometimes show increased volatility!
Dego Performing Falling wedge Dego Looks Good recently DEFI project get good move soon Dego can move Hard
HOW TO IDENTIFY A FALLING WEDGE PATTERN
The falling wedge pattern is interpreted as both a bullish continuation and bullish reversal pattern which gives rise to some confusion in the identification of the pattern. Both scenarios contain different market conditions which must be taken into consideration.
The differentiating factor that separates the continuation and reversal pattern is the direction of the trend when the falling wedge appears. A falling wedge is a continuation pattern if it appears in an uptrend and is a reversal pattern when it appears in a downtrend.
Continuation or (Reversal) Pattern:
Identify an uptrend or (downtrend)
Link lower highs and lower lows using a trend line. The two lines will slope downwards and converge
Look for divergence between price and an oscillator like the RSI or stochastic indicator
Oversold signal can be confirmed by other technical tools like oscillators
Look for break above resistance for a long entry
$DEGO-9th attempt at $3 too many options everyday this one dipped below range low and recalimed recon its enroute to range high then the blue line and possibly fill the wick on the left around 6.493
invalidation back below range low ..
ranking is 500 so expect volatility and strap in if getting a bag
DEGOUSD Time cycle of 40 to 49 candles approx one week DEGOUSD shows time cycle of 40 to 49 bars and after approximately 10% gain the time frame highlighted in chart after 40 to 49 candle in 4 hours chart we can take entry with proper analysis in low point with proper trading strategy you can also check it on one day candles
DEGO/USDTSPOT BUY PLAY:
DEGO/USDT BROKE the consolidation range and retested it in 4 Hrs timeframe. Once it retest the same in bigger timeframe. That's where the game begins.
Buy Zones are always mentioned on the charts itself with potential TAKE-PROFIT zones.
STOP-LOSS = 25% below the average buying price
TAKE-PROFIT zones are mentioned in the chart itself. DYOR.
Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money.
Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not.
Suggestion/Tip 2 - When price is moving on right way
"it is always recommended to move stop-loss to profit side".
If you like the idea and benefited from it please like , share & comment to keep us motivated.
Dego 1d bullish if... As we say eariler, Dego have us a massive profits and hit all the targets. Now we aim for more if it stays and closes daily above the orange area.
If you consider the circulation supply, then you will know that it could hit high targets easily once there is a serious volume.
All the best insha Allah!