Making this public to hold myself accountable.
XDN DigitalNote and my 2019 Outlook
DigitalNote XDN is a contender to be one of the world’s leading anonymous privacy cryptocurrencies. DigitalNote's anonymous technology and untraceable encrypted messaging system are some of the core features.
My valuation framework indicates that the cryptocurrency is highly...
32 satoshi now - seems like accumulation before the upcoming #DigitalNote network upgrade + updated blockchain.
Wallets are inactive or under maintenance so I imagine changes and volatility-will happen in the near future. Popular coin on Hitbit Exchange, so Asia region.
On the 15th of June, DigitalNote has formed a double bottom at $0.005 level. This is 161.8% Fibonacci retracement applied to the corrective wave up after the uptrend trendline breakout.
The Fibonacci support has been rejected twice cleanly after which price went up and broke above the 50 moving Average and the descending channel at the same time. On the...
XDN was well on it’s way to testing the the daily 38.2% fib and beyond.
However, BTC decided it needed to taunt 2 fools after liquidating their margin accounts.
What could be worse?… the spike to liquidate your short position or the sudden drop afterwards
that seemingly acts as a smack in face and a size 10K boot to your ass sending you tumbling!!
Well, this is...
-Has bounced of the strong upwards trend line yet again and broke the red resistance line. MACD is turning up and the MFI rising indicating a change in momentum. The price has broken the base line which is generally considered to be a resistance line. Hold and look for the eventual spike.
Per the following chart, XDN/USD from Bittrex shows the huge potential profit. My thought is it almost completed the wave 2 out of 5 and it is gonna start the next wave early future. Just watch the trend and be ready for the next run-up if this is the case.
IS DONE correcting for a breif moment. enough to grab a quick daytrade and swing trade
u have abc correction
ive drawn elliot ovver the entire time the pair has been available
the target is off a measured impulse wave and could actually go way higher
rsi is showing bullish momentem off support..
wait for emacross on 5min...
we can see that it has begun and it will continue along its upward trend.
I have drawn out what I think will happen and which price pathway the charts will take.
I think it has enough to shoot up farther but this should be a conservative price destination.
This is roughly the picture I am currently getting with Digital Note. I believe we will get a slight correction followed by another impulse move up into ATH. As you can see this is a cup and handle pattern. It is very common in the crypto market and usually suggest a huge upside. Bitcoin mega run started as a cup and handle as well, if you did not know. Which is...