Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you. Good luck!
Good buy point is 6.7 and Dao is set up to go to at least 11.0 USD if not 14 or 15. I saw this breakout happening and then confirmed with another investors idea. All the trends are lining up for it. Don't miss out on this one. Dao to the moon.. ^.^
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To further the bullish momentum there's a double bottom forming on the hourly!
DAO has clearly broken out of and retested the previous downtrend, shows signs of following the blue channel especially with the level of volume behind it. Don't forget to prepare for the case of it following the yellow channel and crashing, no matter how unlikely. Personal targets are already laid out with red horizontal lines, the dotted lines are possible...
DAO Maker successfuly launching decent projects by its SHO social mining model. During the recent @MyNeighborAlice many investors turn 500$ into 100ks within seconds. New projects like $DAFI in and $ALN in the pipeline. I expect at least 100% return within next weeks as the $DAO getting more spotlight effect within the crypto community.
DAO is currently trading close to the resistance zone of $4.70. If it can break this resistance and close a few 4 hourly candles above this zone, we could start seeing a quick move towards $4.86, $5.12, $5.45, $6.41, $7.97, $9.52 and $10.48. Failure to break the resistance could lead to further accumulation and drop towards the lower support zones at $4.32 and...
I'm going out on a limb here, because obviously there is so little information on this chart, BUT... Three rising valleys: Three lows, the following higher than the proceeding, with two ascending tops. It looks a lot prettier on the 12 hour chart. The Fib points match the channel as well... and I this is the first time that I have been able to use the Fib...
We just took that key RES. Retest and long would apply now!
Currently, it has been able to do breakouts and pullbacks with the support of MA50. It can test the green trend and resistance. After retesting on the trend, it can start its upward trend for the above goals. Please like the analysis
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!
DAO Maker (DAO) (February 18th 2021 through March/April 2021) Low: $3.84 High: $17 - $28 - $45 Just taking a look since this appears to be newly trading on KuCoin for the first time. I have a feeling it will take off so long as the market remains bullish through the next couple months or more. I definitely can't trust this chart but its just a speculation...