The monthly chart pattern of $DLO is worth paying attention to. The recent performance of this coin is quite interesting—both the Tenkan and Kijun lines have been reclaimed, and the backtests have all stabilized. More importantly, the 20-month moving average resistance has been broken, and it is now stable above it. Additionally, the 0.236 logarithmic Fibonacci level has been reclaimed. Next, it depends on whether it can continue to break upward; the gradual confirmation of these technical levels indeed indicates an upward intention.
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SatoshiLeftOnRead
· 11h ago
DLO's recent movement is indeed interesting, with multiple technical indicators moving in sync. I'm just worried it might be a fake-out, brother.
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SandwichTrader
· 11h ago
Breaking through and stabilizing depends on whether the follow-up can continue. The technical signals indeed provide some indication, but for a monthly chart and such a long-term cycle, patience is still required.
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GasFeeBeggar
· 11h ago
DLO this wave definitely looks promising, with the Tenkan and Kijun both stabilizing, and importantly, the 20-month moving average has also broken through. It feels like there's more to come.
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ShibaSunglasses
· 11h ago
DLO's monthly chart is indeed interesting this month, with several key levels holding... but I'm just worried it might be another fake-out, after all, I've seen too many technical tricks.
The monthly chart pattern of $DLO is worth paying attention to. The recent performance of this coin is quite interesting—both the Tenkan and Kijun lines have been reclaimed, and the backtests have all stabilized. More importantly, the 20-month moving average resistance has been broken, and it is now stable above it. Additionally, the 0.236 logarithmic Fibonacci level has been reclaimed. Next, it depends on whether it can continue to break upward; the gradual confirmation of these technical levels indeed indicates an upward intention.