- Falling Wedge Breakout in Daily Timeframe.
- Need Some Crispy Volume to Continue the Uptrend.
- Tenken & Kijun Both Are Major Resistance Lines.
- Take entry Into It At Retest the Trendline
- Sell Targets 2878 - 3074 - 3451 - 4000 - 4680 Sats
- Stop Loss Below the Upper Trendline.
Hit Like On Idea For Support & Follow Me For More...
Falling Channel In Daily Timefrme..
Volume Is Increasing..
All Indicators Are Turning Bullish..
100-150% PP In Midterm..
Great Project With Low Supply..
Keep Your Eyes On It..
Digix provides a use case for the tokenization and documentation of physical assets through its Proof of Provenance (PoP) protocol. The PoP protocol...
$DGD holding support. maintaining strong OBV. (Long) looks ripe for another pop. I don't use order books as in indicator very often especially for alts, but buy side is significantly larger then sell side. Lots of room to run with not a whole lot of resistance.
DGD is moving in Bullish Flag patternr but not enough accumulation to be able to increase sharply beyond this area. The strategy for DGD is to sell at strong resistance points as shown in the picture and we will always have the opportunities to buy back at lower prices. And sell it all at the top of the red arrow
Current Price : 4262
. DigixDAO/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
. There is a possibility of...
Dotted lines of resistance.
Rounding bottom. Crazy volume increase recently. Interesting chart to watch. Choose your adventure as far as points of entry and exit but I think DGD is worth keeping an eye on if the trend continues.
DigixDAO (DGDBTC) failed to break MA200 (black line) back in late March. After a short retrace that lasted up to 20 days, DGDBTC managed to break above resistance with good strength and volume, it is now challenging EMA200 (bold orange line).
We can see the last few daily candles for DigixDAO being very bullish.
First, we have the big green candle on the 18th...
$DGD Rising slowly from ATL support... If we check previous iterations with this levels, it always provided a good bounce to 400/5100sats zone...
UCTS Buy signal on the 6H
Stoch RSI coming out from Oversold values
Volume still really low but looks good for accumulation
Daily Setup on $DGD this is going to be a purely technical play just listening to the chart as the daily 50sma is turning into support which could lead to more spike.
The 200sma is squeezing in on the price, so I am expecting a push near .005+
The DGD/BTC pairing is forming a descending triangle on the daily chart. This is typically bearish but I believe this is just a quick bull trap then lambo moon! Also there is only 2 million coin supply available. Each coin is tied to one gram of gold too!
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This is purely for fun. Sometimes I take myself too seriously when I'm trying to navigate my portfolio, but I really should stop doing that. No matter what you do, there will ALWAYS be a better trade. That said, I'm looking at a coin that is close to its all-time-low against Bitcoin. DGD was once worth over $500, I believe. RSI, ultimate oscillator, and stoch all...