CutlossTrade

DEGOUSDT Form a Rising Triangle on Daily Chart

Long
CutlossTrade Mis à jour   
BINANCE:DEGOUSDT   DEGO / TetherUS
We can see here DEGOUSDT is forming a rising triangle which is known as continuation pattern.
Current resistance is $11.64 and it's also a 50% fib level from previous high.

I personally wait for MACD signal to get into the wagon, but just like another alt coin it has to be linear with bitcoin price so i have to wait for bitcoin confirmation then decide to join after this MACD cross on DEGO.

Potential target is $11.64 and $13.38
Trade fermée: cible de profit atteinte:
Target $11.64 is reached, probably going to get some correction because of BTC influence. Will be updated soon.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.