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
Atif Akbar (moon333)
DigixDAO just completed a full retrace after a strong bullish wave that produced 90%+ of growth... We managed to get 40% of profits out of this wave... See the chart here:
Now, DGDBTC retraced and touched the last low... It even went lower hitting a new all-time...
DigixDAO (DGDBTC) started moving positively today on increasing volume and bullish indicators... This is a 'young' move and this pair can continue to grow.
You can find additional targets on the chart above.
The blue dashed lines are for support/magenta resistance.
The bullish potential scenario has been drawn on the chart with green arrows.
Exchange : Binance
Buy Zone: 0.0015~0.00145
Target Point: 0.00162/ 0.00175/ 0.0019
S/L: 0.00144 or 0.0014
It`s making Cup Handle
It has just arrived at the neckline
This means that it`ll pump soon
Investment is your responsibility.
- 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 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...
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