Jul. 23 at 12:22 AM
$DLO is starting to look like a textbook technical setup 👀
Sometimes the best charts are the ones that don't need a complicated explanation.
Right now, I'm watching a few things:
• Two weekly hammer candles forming at the bull flag retest
• A fresh Golden Cross, with the 50WMA moving above the 200WMA
The structure is getting interesting, but the key level remains simple: as long as
$13 holds, I believe the next major area to watch is around
$23.
Of course, price still has to prove the setup. The best trades usually come from waiting for confirmation, not forcing a prediction.
Watching the levels and letting the chart do the talking.
Still following the tape? Any guidance catch your attention? Rest well.
