We can see that DERO is printing an ascending triangle on the daily! If the bulls can continue to close daily candles above resistance at $4.61, then we could see a nice 45% pump up to around $6.65!
An ascending triangle is a bullish pattern . Additionally, we can see the daily and weekly making higher highs and higher lows!
Daily stochastics is very erect and entering the bullish control zone!
Daily RSI looks constructive and does not show any bearish divergence!
Potential 45% Price Increase to Next Resistance!
Let's go bullz!!!
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--- Not financial advice. It is imperative everyone conduct their own research prior to any trade and/or investment!
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If price fails to break through resistance, then I suspect we'll see a return to support around $3.90 with additional downside likely!