Heavy support at 2900 - about to breach resistance at 3200 Targets: 34600 37800 43200+
We detected a Bollinger Bands contraction and decided to do a deeper analysis. We found unfinished Cup&Handle formation and according to indicators status it was going to be finished soon. Currently 2 hours after we gave the signal in the Premium channel we see that it is finished, the price should enter Ichi Cloud and touch upper edge of it.
Looks like we might be hitting a bottom on DGD and it's time for a swing. Look for a 31k entry with stop around 28k and PT 35, 39 & 42k.
... touching bottom support as planned. Be patient for 19 days and get an 80% reward! #DYOR
Next high is 0.87-0.90.
Looking very bullish on DGD. Plus with possible mainnet news comming
Triangles in minutes, hours and days are matching to an upper trend and it like DGD will breakout soon; its value in USD will continue to drop until tomorrow and make a rebound, so it seems to be a good time to buy!
As much as DGDBTC can move inverse to BTC it moves on it's own and is tricky! SO, lookout and treat it as it's own. This looks like a good set up and maybe BTC will fall apart, maybe not. This diagonal line is the long term strong trend line and usually we break it for a few 4 hour bars and then a big pop. We will see but it looks good to me. This usually happens...
Following this pattern, a series of bullish waves are coming. I can't determine the target for now, but I'm working on it :-)
The Pattern A head and shoulders top pattern consists of three successive peaks: The middle peak, or head, is the highest and the two outside peaks, or shoulders, are lower at roughly the same level as each other. Connecting the reaction lows of each peak forms a level of support, also called the neckline. In order for the head and shoulders top pattern to be a...
Before going to the chart i want you to do one simple thing. go to the DAY chart of DGD/BTC. you will see that allthrough the bear market, this security has managed to be on a CONTINUOUS uptrend!!! now looking at the 4h chart, we can see that it has recently went into a new uptrend EXACTLY when bitcoin's hard supports gave out. we could have assumed that this...
If it crosses 7890, pump If it crosses 7740, dump DGD is also on its lower resistance level at the same time...
Breaking resistances and getting momentum.
she has been bouncing perfectly on that bottom curve. the big elipses i have hanging from the top trend line fit a nice volume pattern. i predicted the last two curved paths and she is folding right in line. watch this graph for the next week. if she keeps tracking as expected then the green box is the buy in and the red box is the sell target. nice 20% trade for...
DGDBTC has had a nice run up recently. However it looks like the 1h chart is forming a Head and Shoulders pattern. Volume is taking a nosedive, it's very oversold RSI bouncing off 70, and MACD is on the verge of crossing again, showing bearish signs. Will buy back in around .5 fib to sell at the potential right shoulder.