
Trader, developer, uke lover
324 Followers
DEGEN analisys. Technically DEGEN price broke a downtrend structure on 4h timeframe. Higher Low is needed to confirm BOS. But it is still in a range, so the price can go up and down for a quite long time. After deviation from one of the range sides we can expect at least a deviation on another side. So we will see.
We need to watch the price action closely and hope for the green arrow scenario. This week will be decisive in my opinion.🤞
Let's have a close look to our lovely DEGEN chart. Currently the price is in a downtrend on 1d and 4h time frame. 4h candle must be closed higher than 0,039$ (red line) to flip current trend to the upside. Continued in the comments👇
Bitcoin is pumping, ETH is pumping, this guy is dumping...WTF ? Hey, DEGEN, it's time to wake up!