If you haven't noticed it already but DigixDAO, DGD/BTC is back! As I have discussed in my previous posts about the "imperfect" inverse relationship of DGD/BTC vs BTC/USD and the trading opportunity that goes with it. To a certain extent, it has shown to move rather inversely compare to Bitcoin prices but it has shown that it's definitely not a perfect hedge...
Hourly pattern confirm the daily bullish trend If DGD/USD in hourly confirms the bullish trend, it can goes above $600
DGD has the best to come. Daily MACD shows incredible potential. This is a safe buy.
Despite the downward trend in the market as a whole DGD has not fallen like the major currencies. This Modified Schiff pitchfork captures the price movement for the last several weeks. In the past few days price has ascended the downtrending line and held above them. Resistance has become support. In this bear market I am very wary and I will look for a bounce in...
To those of you who do not know, DGD has an inverse correlation with Bitcoin and it is the only coin i know of that exhibits this behavior (if you know another please let me know). This means that when BTC goes down DGD goes up and vice versa and these are not minor runs these are huge runs making this trading pair the most volatile I've seen which is why I love...
DGD had been on quite a run of recent. However, I think the bear season hit it finally. Moreover, I firmly believe that many people wrongly thought DGD was the token tethered to gold. Of course, that is incorrect. DGX (DigixDAO's gold-tethered token in dev) will be. DGD holders will have voting rights over DGX governance and aspects. A lot of unknowns. However, I...
DIGIX TEAM, I wanted to share some good news that I've received from the community within the DigixDao TEAM. It looks like we've established a launch date. First, let me start by stating the original post for launch was Q1 of 2018. Although, after spending a lot of time discussing the new DGX launch with the DIGIX community on discord, as well as the founder a...
This pattern seems to repeat itself, showing the bearish trend of the
after bitcoin tanking like a mofo. DGD hasnt made much movement. but looking at the charts it seems to have reached the end of its wedge possible chance of a run up first green candle to show up . my own opinion please do your on own TA and dont just follow.
DGD is a coin that has designated itself as the stable coin of the crypto world, its use similar to precious metals in a bear market. Viewing the chart on the 6 hour chart, we can see through VPVR that there is good support around the high .020s region, protecting DGDBTC from breaking out of its trend channel. However, what's also seen is its resistance levels...
DGD has been following its formation and now expecting a breakout for 25% first target, and 50% second target, after that we expect a retrace to FIbonacci levels
DigixDAO ( DGD ) · Loop A.I. Indicator: Sell volume rapidly increasing. Price touch resistance and broke downwards. Key sell signal from RSI. Signal: Likelihood of price decrease: 76%
Rising wedge already occurred. Currently running up the D leg of the XABCD bearish Gartley, multiple contact points hit for the descending triangle. Bullish indicators Entry: now Stop loss: tight Target: D or descending triangle impending break out or break down There is no shorting available on Binance so I do not have interest in further drop targets. With...
Bitcoin is having a bit of a down day today. If you want to hedge/protect against or even profit from a drop in BTC, especially if you pair trade with BTC pair trading, then one of the best ways to do that without having to go short or margin trade BTC is by trading DGD/BTC. As I've stated previously in my previous post about the inverse relationship of BTC/USD...
Head and sholders + lower volume + keeping in the same downtrend channel . The last stand here is at 42000 support level . If it brakes down I do not see any way DGD -10.71% will resume its global uptrend. Unless bitcoin 0.84% won't break through 11800 resistence and will go down. In this case traditionally DGD -10.71% has a tendency to go up. Strange but true =)
First rule of DGD club: don't talk about DGD club. We've got a nice Inverse Head and Shoulders forming here. This is a more reliable pattern than trying to make a handle to the cup out of the right side, and it'll still moon regardless. Channel - Bounced around in a channel for a while before breaking out, forming the right side of a cup (though as I said...
My previous prediction was correct but the price corssed strong resistance (yellow dotted line) that opens a way for deeper ride.