Degen

$Degen has broken out of the falling wedge on the Daily Timeframe(still awaiting a confirmation btw).

Now on the shorter Timeframe(1H), it’s currently trading in an ascending channel(which is generally bullish).

We expect to see $Degen maintain a bullish momentum if it manages to close above $.0196-.02(supported with adequate volume).

What’s your prediction for $degen by the EOY?

⚠️ NFA. DYOR. ONLY FOR EDUCATIONAL PURPOSES.

Gm 💜
Hat stays on frens🎩

$degen made a break outside of the ascending parallel channel within the last 24hours.

We are now in the confirmation phase(of which could become a correction phase if market conditions are unstable).

With this, I expect $degen to continue its bullish move to the $.023-025 region from the current market price($.021).

And if the current market price is unable to hold, we could see a draw down back to around $.0195 then maybe continue the rally to the $.023-025 region(as earlier stated).

Ps: This is all within a 4H timeframe chart and it is all subject to change depending on market conditions. 

⚠️ NFA. DYOR. ONLY FOR EDUCATIONAL PURPOSES.

Gm💜
Hat stays on🎩

I cast what I want. You love what I cast. We’re both happy 🙂‍↔️❤️