if all else remains good, this could be a good swing trade here, sitting on strong support however unlikely as bitcoin is up the shitter.
KUCOIN:DAGUSDT After breaking the trend line and stabilizing high and considering the conditions of Elliott waves, it is a good opportunity to buy
This looks like a likely spot for a bounce & continuation to the upside. Use stop losses & risk management as always. A BTC dump always brings the markets with it.
DAG has quietly gone up roughly 7x since July 1 & I haven't seen 1 person mention it at all. No huge pumps & dumps. Steady increases almost daily. Now it look like a dip & retest. I would guess that this will see a continuation it's upwards trend.
DAG short term! sell target 1: $ 0.39 sell target 2: $ 0.62
Price broke out of the inverse h/s bottom and is now retesting the previous resistance now turned support. Spot long 10x lev Previous Analysis linked
I know someone that shills this everyday so I thought I might as well chart it. Pull back at 78% just around a broken and retested trendline. Seems like a good long opportunity, with an adequate stop being at 0.0586 Ideally I'd want for BTC to change its short term trend, have a bullish daily close. Along with DAG showing 1H HH/HL sequences.
COnstellation DAG chart im keeping a close eye on.
Main support and resistance levels showing potential lows and accumulation demand levels.
A buy at the light blue line Bounce to D Zoom in on point C to place a stoploss when you place a buy order
We had a pretty nice run on DAG constellation, the underdog between a strong hbar and other data coins. DAG is still climbing up in market cap as it climbs up in de top 200 list it also draws much attention from big buyers and thus it brings many volatility with the moves. Some did catch the dip very nice around 0,03. Constellation is no zone for the new into...
DAGBTC has show tremendous strength. One of the very few best performers during this downturn in the market. Clearly much stronger than the rest and pushed higher than several key levels. Versus the USD it doesn't look as strong, but this massive base in BTC terms will probably come to an end and this could fly.
DAG blasted through the previous local high and is now restesting it. That resistance level has become a support level. Perfect buy entry opportunity: * Flipped previous resistance into support. * Volume increase. * Daily upward trend continuation. Stop Loss: ~0.083 Only Up from here!
DAGUSDT came out of a nice accumulation range since the pair launched. Before that it looked like a massive accumulation on DAGBTC which actually had a strong move up but then came all the way back down. Made a new ATL just short term and then continued much much higher. The current pattern doesn't look exactly like a pennant or a flag, but it definitely a bullish...