Basically, #DEGO Finance is showing some great bullish potential and might be among the first ones to recover.
On the daily chart, #DEGO is moving in total correlation to #BTC and #BNB. But when it comes to short term analysis, it shows more upside potential than the others, as it is moving in a symmetrical triangle with an estimated breakout within mid-august.
It has a small cap, so this analysis might probably be pointless, but the correlation to the major cryptos made me go on and publish this idea with you guys.
What do you guys think ?
On the daily chart, #DEGO is moving in total correlation to #BTC and #BNB. But when it comes to short term analysis, it shows more upside potential than the others, as it is moving in a symmetrical triangle with an estimated breakout within mid-august.
It has a small cap, so this analysis might probably be pointless, but the correlation to the major cryptos made me go on and publish this idea with you guys.
What do you guys think ?
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