DIA/BTC is forming a reversal pattern and could start a new uptrend in the Bitcoin comparative. We have a clear bottoming pattern continued by higher lows in the chart. We are approaching the part of the cycle where liquidity is being spread over alt-coins (generally May-June-July).
DIA is an oracle token like Chainlink (LINK). DIA has a very small market-cap and therefor comes with a higher risk. However this also come with a higher potential reward.
Entry levels for DIA/BTC are :
– 598 – 644 Sats (Accumulation)
– 815 – 862 Sats (Breakout)
Exit levels :
1st Target : 1354 Sats
2nd Target : 1820 Sats
3rd Target : 2369 Sats
Expect increased volatility in a token with such a low market-cap (as of writing +-185million).
Targets are conservative and DIA/BTC could go higher and even surpass previous all time highs as it has a lot of upwards potential with a low market-cap.