DEGO/USDT

Not a financial advice, just my vision for the DEGO

At this point, after the significant rally, we observed a huge dump and we are currently at support level near the 6$

As for now we have a Falling Wedge pattern that is the reversal pattern, therefore I expect it will break it and we will get restored in price

Additionally we have an upcoming mainnet update till the end of December + average Market Cap, hence on my opinion it is a just a matter of time until we reach our ATH

On the other hand, in order to avoid any surprises from BTC or any market manipulations, keep a stop loss

Commentaire:

Most probably we will see 4.8$ level, as we are breaking our support zone

Commentaire:

Potential Inverse Head and Shoulders on 4H timeframe with the target up to 8$ level, if we manage to break the neck only, hence let's just wait and see

Also I am awaiting for the mainnet launch in the end of December

Commentaire:

Most probably BTC will go down to the 40-42k, therefore DEGO can fall under the 5$ zone

Commentaire:

Still holding DEGO, we are near our downward resistance line, perhaps we will hear soon some news regarding the mainnent deployment and we will get restored in price

Commentaire:

I am still holding a hude amound of DEGO, as for now on 4H timeframe, we are might be forming our right shoulder in our Inverse Head and Shoulders pattern

Commentaire:

Keep in my that we have Bulling Engulfing on 1W timerame, diamond hands are activated