DAGBTC got stuck in a downtrend channel, but it is finnally showing life.
If it is able to close above the upper channel, and survives the retest, this has some room to run.
I am not in this trade, but love to follow this chart this project.
Eyes on DAG BTC here.
Enter between here and 9380
Looking for a nice 20% run to TP 1 at 11827 and then 58% to 15578
As you can see on the VPVR these are the key volume areas that this has been traded.
Stop below 8362.
$DAG looks to be back in a heavy accumulation zone, with 80 sats being the bottom and 105 sats being the top. By the looks of it, I expect to see this staying here for at least a few more weeks. I would start building a long position with bids around 80 to 90 sats. Once accumulation is over, I am expecting fireworks!
Looking at $DAG as one of the lower caps with potential for a big run with $BTC dominance breaking down. Currently, $DAG is at horizontal resistance of about 105 sats after bouncing off horizontal and diagonal support at 92 sats. This one is tough, as there might be a slightly better entry in the coming days below 105 sats, but not a guarantee. Last time $DAG...
Tested the red line resistance 3 times and looking to make a 4th attempt on the 4hr chart hopefully today or tomorrow. Attempt number 4 I believe we break the resistance at around 17500 sats. If we can flip this level and continue higher I can see this coin taking off. Low volume on Kucoin means if buyers step in we could see a crazy pump over coming weeks. ...
$DAG has bounced ~60% from its recent low and is currently sitting in a falling wedge. Expect some sideways movement for the next few days before a break out!
DAGBTC update
Entonnoir : W/D/H4 (swing)
Le biais est haussier en weekly. Le daily est en compression (jaune). Si on casse cette compression daily à la hausse, il serait considéré de se placer à l'achat. Attention à programmer vos TP haut et à l'avance sur cette paire très volatile avec énormément de mèches de revente.
C'est le genre de paire sur laquelle faire...
There is no doubt $DAG is the new kid on the block looking to climb up the ranks. In my opinion it is THE hidden gem with the best chance due to its outstanding use-cases, which are proven in their recent partnerships forming - emphasizing the possibilities of a good long-term trade. Although I highly believe in the long-term future of $DAG - it is still...
As shown in the chart above, we are seeing DAG/BTC in a parabolic increase since July 15th of the current year. A parabolic increase is a great way to make money, yet a very risky play, if the signs of a possible break are disregarded.
We ask a series of questions to determine the technical status of DAG/BTC
Is this parabolic increase about to break?
No,...
DAGBTC
Entonnoir : W/D/H4 (swing)
Je ne fais plus d'AT sur les alts sauf celles qui sont sur un biais haussier en weekly et c'est le cas de celle-ci.
Le daily est lui aussi haussier mais le mouvement est bien trop vieux que pour prendre position maintenant. Il faudra attendre un throwback sur la zone de S/R des ~87000 ou bien sur la borne supérieure de la...
