DGD ANALYSIS:
DGD has finally hit the weekly resistance block. This is major resistance area and DGD has becoming heavily overbought. I expect a correction downward back to the short term break point of 3480 sats. If this breaks, Im looking for the prime entry at 2800-3100 sats. This would be a perfect zone for a bounce from buyers to re-attempt the weekly...
Priceline of DigixDAO / Bitcoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.002323 to 0.002249
Sell between: 0.002502 to 0.002772
Regards,
Atif Akbar (moon333)
$DGD
I think the top is in for this one; looks over-extended with multiple bearish divergences & weakening volume. If we can close a daily above 0.002541 I'll reassess.
Priceline of DigixDAO / Bitcoin cryptocurrency is moving in an up channel and now the price action is getting bounced form 100 simple moving average and bullish cloud and support of channel.
In directional movment the +DI is moving up and the ADX is at 35 this mean that the power of ADX is still assigned to bulls.
MACD is turned weak bearish from strong...
#BUY
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
Buyzone :...
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
