alanmasters
Long

DigitalNote Ending Consolidation Phase | 500%+ Possible!

BITTREX:XDNBTC   DigitalNote / Bitcoin
DigitalNote ( XDNBTC ) is ending its consolidation phase. Let's take a look:

  • On the chart above, notice the orange rectangle , this is the consolidation box. This is the range at which XDNBTC has been consolidating. Moving below 6 satoshis would send prices lower while moving pass 9 satoshis (EMA50) would send price higher.

  • Right now XDNBTC is passively trading above EMA10, no strength or volume was needed to break above this main resistance, sellers are completely exhausted.

  • The RSI is moving up strong while sitting at the lows... A massive impulse move can happen anytime on this pair.

  • Bullish divergence is also visible with the MACD .

DigitalNote ( XDNBTC ) is bottomed out and producing bullish signals. Over 500% profits potential according to my Fibonacci targets.

All the details are shared on the chart.

Thanks a lot for reading.

Namaste.
Comment: Touched EMA50, getting closer to breakout to the upside.
Comment: This is a good one, all that is needed is buy and hold... Later sell on target.

Make sure to have a strategy/plan before trading.

Always use a stop-loss.

This is not financial advice.

Namaste.
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Related Ideas

Any update bud?
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@Onchant, Exact same chart, we have an active trade for it.
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Thanks Master
+1 Reply
@sidhabdn, My pleasure.
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