assetsandcoffee

DREP - Daily - "Give It Some Time To Bake"

Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
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///////👍✋Not financial advice, do your own due diligence ✋👍////////
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➡️Technical Standpoint⬅️
1.) No obvious signs of accumulation to date.
2.) Bollinger bands are squeezing in on a 30 day length, no real interest, and its been running in oversold for over a month now. This fits all the criteria for a pump, but super risky.
3.) Sell interest is around $1.725 and $1.961.

➡️Fundamental Standpoint⬅️
1.) Credit Mechanism V1 and Launch of DREP Credit DID to take place in Q3-Q4.
2.) $41 mil market cap with a total supply of 100mil. Its one of the tickers closest to BTC Max supply.
3.) New partnerships, staking, and listings to take place, no specific dates provided.

➡️Current Season⬅️
- Altseason / 112 Days

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//////Indicator Legacy/Meaning//////
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✨ Linear Regression Line( LR ): is the green/red worm-like line.
✨ Major Resistance Line( MRL ): is the color fuchsia.
✨ Major Support Line(MSL): is the color aqua.
✨ Social Activity Indicator(SA):
- Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal.
- Lime background = spike in interest.
- Yellow background = drop in interest.
- Fuchsia Circles = Clustering of circles on the lower end of the spectrum means consolidation.

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///🎉🎉🎉Before You Go🎉🎉🎉///
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