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
BINANCE:DGDBTC has been too low in past two weeks. Massive bull run is anticipated once the figure of 0.0004292 is achieved, highly likely to take place in next 10 days.
Kindly Trade With caution and Always use stop loss. in the Market of Crypto Sometimes you win and sometimes you learn. Good luck!
DGD has corrected its impulsive movement and broken out of the downtrend line, currently in accumulation, and about to leave the buy zone. TP1 = 0.031500, TP2 = 0.033500, TP3 = 0.036700 ; SL = 0.027320. Please note that the chart is in daily timeframe, so the setup can take longer to develop. Great R/R also, good luck.
DGD is sitting on a strong long support and short term support which could indicate the bottom for DGD before breaking out. Buying range 29-31k. DGD seems to go inverse of what BTC is doing, and with the future contracts expiring this month for BTC, DGD might get a firm push upward to break out of the triangle. This breakout will result in a 25% - 75% profit....
DigixDAO Trade by Alan Masters
DigixDAO (DGD) is available to trade on Binance. Compared to other trades, this one hasn't move much since bouncing from bottom, and still needs to accumulate longer before taking off, but the charts are showing good potential, we can make good profits trading this coin.
Let's start by looking at the 4 hours per candle chart, then...