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Technical analysis by jomaha about Symbol DERO: Buy recommendation (8/18/2023)

https://sahmeto.com/message/2836339
jomaha
jomaha
Rank: 9055
1.6
Buy،Technical،jomaha

Hello! If you've been interested in buying this asset then you're in luck. Nearing the lows of Feburary 2021 at $3, broke out followed by hyperboloc run over $23. Buy targets are $3 and below. Since this is a nobody coin from the start it's hyperboloc run, long recovery is to be expected. We have reached this recovery level and now technicals can actually be of use here at these respected levels. Over two years to recover!No matter the fundementals behind the coin, it simply does not matter. Since 1970's homomorphic encryption has been a dream. It has only been effective reality since 2010'ish.Scratch that: Buy targets are $1 and below.JK.Be cautious. As BTC moves into a terrible bearish season till after summer holidays, so will Dero.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$3.16
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