DRGN has had a long downturn, having started out with a moon all the way up around $5 in January of 2018, alt season came to an end, bitcoin declined and DRGN was soon forgotten.
It seems like this extended downtrend might finally be coming to an end. The downwards curve has pretty much stopped, and I think it is time for it to return to at least December levels...
Looking at Dragon on the daily
* Willy is stupidly over sold and also making a nice bullish divergence
* Histogram looking ok break up past the 0 line (Would like to see some more structure in the histogram)
* OBV looking healthy and confirming a nice bullish div
* Price double bottom on the 4H chart but would like to see something more solid.
* Price could...
I am not paid by dragonchain.
I do own a modest size bag which I bought at .00001143 ($0.093).
This is not financial advice, I am documenting this trade, because this is honestly my favorite project.
This token has gone undervalued far too long. I have held drgn and lost money to it before, but now is my chance to redeem myself and I get to be on ground floor of...
Volumes are still low, but a strong daily close above 0.00002415 sats could cause a strong rally that doesn't have strong resistance to be slowed down.
Close below 0.00002415 could bring back to 0.00002200, the trade remains valid until it closes below 0.00002100.
Is a 1000% possible?
DRGN current MCAP: $26.500.000
DRGN all time high MCAP: $1.150.000.000
Like...
Hello $DRGN Hodlers
I know some of you enjoy slumbering while others are just traders
so If you compare other listings on bittrex there was a small flash pump on listing day followed by massive dump then accumulation
have a look at $XHV heaven protocol chart
I think $DRGN if they got some major news can make 200% profit
however dont expect to see 1$ at all...
If we get above $7,500 Based on past chart analysis the key point for a breakout is $7,200 once we're above $7,500 and especially if we break back above $8,000 I do believe the much awaited re-uptrend has begun.
My opinion/guess:
Stella-r 'could' Go "Bitcoi-n PARABOLIC" when Disney 'could' announce that Dragonchain $DRGN 'could' move their blockchain from the Eth-ereum Network to The Stella-r Network ;)
