"📈 #DAO/USDT Chart Update: Breakout from Falling Wedge, Retest Underway 🚀
The DAO token has recently broken out of a falling wedge pattern, signaling a potential reversal and bullish momentum. Currently in the retest phase, this presents an entry opportunity for traders.
🔍 Entry Strategy:
Planning to buy at the current market price (CMP) and considering...
🔵 This digital currency entered a correction phase in time frame D, as it is clear, after a spike move.
Price in this chart in the correction phase completed its reverse shoulder pattern and passed the trigger (neckline) well and completed its pullback to this trigger according to the picture.
We expect from the price for this currency is that it can resume its...
Just DAOn't do it, DAO it. Dao is headed for a nice little spike indicated by a mini rebound off resistance and a trend upwards to the next level. If you're the cautious type, wait until it breaks the nearest level to make your bet. Stochastics also indicate it's buying time.
Remember, if I'm right and you're wrong that doesn't make you a worse person, it...
I'm looking at the DAO/USDT chart and making an educated guess on the bottom for DAO Maker during this correction.
My buy target will be set just above $5 to give a little cushion, but I believe that this could drop down to $4.81 if BTC continues down to $47k or even $43k over the next few days.
It's a great buy for the long-term as they are only just getting...
DAO / USDT Looks Bullish!
DAO is moving in ascending triangle, and we are currently sitting on the ascending support line.
In addition 100 & 200 SMA are about to cross, which is extremely bullish signal.
Remember about SL!
