DREP rallied towards its new tokenomics and did bleed since.
We now got a breakout out of the indicated by the yellow lines.
Wait for confirmation of a trend reversal. A bounce of the violet line would give us this confirmation.
Decentralited reputation system (DREP).
– Never buy the top/ ATH
– Take profit as long as you can (also partial profit is profit)
– Use Stop/loss for leveraged positions
– If you are not experienced, don’t leverage in the first place
Enjoy the ride and don’t be too greedy.
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– Green lines are tested support lines.
– Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
– Cyan line is for trendline.
– White lines are levels
– Purple lines are we take a look at.
– Yellow lines are for visual help only.
– Either entry zone or . Check the description.