Dero - bullish flag breakout
My previous idea was a bit overbullish, but in general not wrong. I think that now we have a real breakout from the bullish flag.
But before the next big move is there still the possibility of retesting the top edge of the red wedge as support.
The next move I am expecting inside the blue channel until the area of 5,4 USD.
There is also a possibility if we break the top edge of the channel with big volume and high momentum and then don't fall down back into the channel, so based on 1,68 fib. extension the next peak would be at 5,68 USD.
But before the next big move is there still the possibility of retesting the top edge of the red wedge as support.
The next move I am expecting inside the blue channel until the area of 5,4 USD.
There is also a possibility if we break the top edge of the channel with big volume and high momentum and then don't fall down back into the channel, so based on 1,68 fib. extension the next peak would be at 5,68 USD.
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