$DEXE has been finishing a long regulation recently and it is getting close to the end of it.
A bullish flag has formed and its bottom is 20$ support, meaning that the coin is refusing to fall below this price and as soon as it's done with the regulation and it's over with testing the 20-25$ price range, the breakout will happen.
What I expect for $DEXE is that it would have another touch on 20$ and it's very probable that the next downward movement would stop at exactly 20$ as the coin follows the brief bearish vibe in the market and after that it would hop on the next bullish wave. Reaching the ATH at 35$ would be on its schedule for the next big bullish attempt, but scoring or not scoring a new ATH at 40$ or higher depends on the market's condition and BTC's behavior in the coming days.
Stay tuned for updates.
NOTE: Not an economical advice or signal. Just a guy who loves crypto, thinking out loud. : )
A bullish flag has formed and its bottom is 20$ support, meaning that the coin is refusing to fall below this price and as soon as it's done with the regulation and it's over with testing the 20-25$ price range, the breakout will happen.
What I expect for $DEXE is that it would have another touch on 20$ and it's very probable that the next downward movement would stop at exactly 20$ as the coin follows the brief bearish vibe in the market and after that it would hop on the next bullish wave. Reaching the ATH at 35$ would be on its schedule for the next big bullish attempt, but scoring or not scoring a new ATH at 40$ or higher depends on the market's condition and BTC's behavior in the coming days.
Stay tuned for updates.
NOTE: Not an economical advice or signal. Just a guy who loves crypto, thinking out loud. : )
Comment:
Comment:
And finally, have a strong breakout bringing out $DEXE from its narrowing triangle. Anticipated price reach for the coin would be the supply zone between 39-44$. A pause for the bullish wave at this price range is probable and depending on BTC market stats, it would either break it for higher prices or start another regulation.