Dego Finance (DEGOUSDT) has finally gone bullish after more than a year of higher lows... It is preparing for its next move which is likely to send prices north towards $9, with $4 being the main medium-term target.
This is a long-term chart so we are taking into account most of the year 2024.
The bear market ended May 2022 for this Altcoin when a new All-Time Low of $0.780 hit.
After this ATL, there has only been two major bullish wave, the next one should be the strongest of all, the bull-market.
After two months of moving perfectly sideways, August-October 2023, DEGOUSDT moved and closed above EMA10 and EMA21 weekly, a classic first step towards higher price.
This move is supported by above-average volume on the last green session as well as a strong RSI.
👉 The targets are mapped on the chart: 143%, 193%, 333% & 468%.
After buying, all that is needed is patience... We buy and we wait, the market takes care of the rest.
Patience is key!
Namaste.