Trader_1918
Long

DGD digixdao Macro view going forward.

BINANCE:DGDUSD   DigixDAO / US Dollar (calculated by TradingView)
DGD Target zones, SR zones for the following year this is a live chart that you can update for SR levels as the price action plays out.

DGD has a major event coming up on March the 30 https://twitter.com/DigixGlobal/status/1......, https://medium.com/digix
this event could be a catalyst for price expansion and new price discovery - as long as BTC doesn't ruin the fun.

IMO DGD is extremely underpriced for the supply relative to other crypto projects. DGD has been around since 2014 and has continued to expand and
build out it's core products and vision. DGD is about to enter a new phase of development and use.

Staking, voting and lock up periods will now dictate the PA moving forward as of March 30th.

Looking at the live market order books the volume is very thin, which potentially indicates that A. they have a small time MM that runs the books or B. they have been very patient and let people sell off supply until organic support was found. IMO the bottom is in on DGD and new trend intact - now is a very highly probable time to enter. As long as BTC stays above it's yearly low DGD should continue to trend north throughout the year, obviously it will have up and downs like any market during its run.

All the levels and current LH trend is on the chart. No much to say otherwise... it's all there.
Trader_1918 Trader_1918
@Trader_1918, We've hit the top of the local channel on the high TF, Bitcoin is looking really weak at the moment, ( Bitcoin in yellow) if BTC can rebound in the next 24h and hold i'd expect we'll test a break out if not then this cycle that began on Feb 7th is going into markdown/downtrend.

Bad timing for the DGD team? Or will it behave like it did in Jan-April 2018 when it diverged from BTC price drop? Keep watching the PA for trend line revbound/break out or break down.
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