Good time Due to the news that Degen published some time ago, the fans were a little worried, the fall that happened was definitely not without impact, but if it can get out of its downward trend, the hope of growth is not out of favor. Meanwhile, keep an eye on Bitcoin Goodbye
i am waitin break up of red resistance line and exit from green pattern. what do you do?
If Degen is not holding at 0.027 it will go to 0.02 easily at creating a Double bottom. My bias is we see a lower low at 0.017 and then pump from there, of course if bitcoin is pumping to 72K then surely this shall be the bottom. But bitcoin also looks like it wants to touch 58K at least.
we have ; 1-Harmonic pattern on D1 2-time zone on H4 3-divergence on RSI TP 1 : 20 % TP 2 : 40 % from this price . GOOD LUCK
Degen is in correction phase for 40 days & we are in falling wedge
#DEGENUSDT | 1 HOUR TIMEFRAME UPDATE I expect that #DEGENUSDT will come to the zone of $0.02028 - $0.02100 (the grey area that you see on the chart). At that grey area, I am looking for confirmation ✔️ to open a SHORT position. The target of this DOWNWARD movement is to reach $0.01900 - $0.01830 - $0.01780 - $0.01670 - $0.01550 - $0.01400 Invalidation above...
With money flow sideways and a buy signal about to pop on the daily, DEGEN looks like it is about to make another run to the upside. Great time to establish a position. DEGEN is a easy play for a BASE meme token with some positive price action on the horizon.
One of the best-looking charts in the generally weak crypto market right now is DEGEN, the main meme coin of the Base blockchain.
Degen looks like good, After Kocoin Exchange listed, it show up it has great potential to surge and community is promoting.
Possible double bottum playing out. Ill be looking for some possitive price action at this level. If it breaks down from here Ill be looking for a lower entry.
Support and press the rocket to cheer me up Observe the ten percent loss limit Stay away from Bitcoins Feel free to buy and sell and post your comments
#DEGENUSDT | 1 HOUR TIMEFRAME UPDATE I expect that #DEGENUSDT will come to the zone of $0.03468 - $0.03260 (the grey area that you see on the chart). At that grey area, I am looking for confirmation to open a LONG position. The target of this UPWARD movement is to reach $0.03700 - $0.03920 - $0.04200 - $0.04500 - $0.05000 - $0.05600 and maybe the Moon...
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Support and press the rocket to cheer me up Observe the ten percent loss limit Stay away from Bitcoins Feel free to buy and sell and post your comments
Thank you for reading this update. Depending on our study we see that DEGEN has a good chance of volume increase. This updates depending on day trade, And the market should confirm with time the right market way. Following the trend in the coming time to see if its able to show new trend break.
The candles are on the resistance line and under the cloud, this is not a good sign to climb We see volume candles that are very weak. It means that the market is confused We see the hanging men's candles and doji, which is not desirable at all Tenkensen came to support and raise candles, but now is going to resist and suppress The only positive sign is conjixen...
i visited the forum and checked out the threads and it seems this is where Vitalik and academe of builders hang out they even have airdrops to contributors and bounty as a startup
The concept of a 0.618 Fibonacci bounce, also known as the "Golden Ratio" or the "Golden Mean," is derived from Fibonacci retracement levels. These levels are used by traders to identify potential support and resistance areas. The 0.618 level is particularly significant because it is based on the Fibonacci sequence, where each number is the sum of the two...