Hi, Raxhel here.
This coin is not awaken yet. as the top 100 crypto, this coin has pssibility to make a comeback. because this is the very bottom if we look from technical analysis perspective. this coin has been falling down to -94% (+-). their project is about blockchain with government. so once they get cooperation, this coin will moon. also this coin is...
DigixDAO (DGDBTC) is preparing to move.
Looking at the chart above, daily time frame, I am spotting the following signals; Feel free to hit LIKE now before we get started:
Challenging EMA100 (strong resistance). A break above this level can confirm a strong bullish move.
EMA10 and EMA50 bullish crossover.
High volume breakout above EMA50.
Bullish MACD and...
$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
The DGD/BTC pairing is forming a descending triangle on the daily chart. This is typically bearish but I believe this is just a quick bull trap then lambo moon! Also there is only 2 million coin supply available. Each coin is tied to one gram of gold too!
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This is purely for fun. Sometimes I take myself too seriously when I'm trying to navigate my portfolio, but I really should stop doing that. No matter what you do, there will ALWAYS be a better trade. That said, I'm looking at a coin that is close to its all-time-low against Bitcoin. DGD was once worth over $500, I believe. RSI, ultimate oscillator, and stoch all...
BINANCE:DGDBTC on the daily here shows us a couple things. When it moves, it flys mostly because of the extremly low supply. Also, it's been ranging flat in accumulation for 6 months.
My plan...SET SELL ORDERS AND WAIT!
Daily Setup on $DGD this is going to be a purely technical play just listening to the chart as the daily 50sma is turning into support which could lead to more spike.
The 200sma is squeezing in on the price, so I am expecting a push near .005+
The price action has completed the gartley's formation and ready for bullish divergence soon insha Allah.
The targets are:
Buy between: 0.004302 to 0.003765
Sell between: 0.004726 to 0.005742
Atif Akbar (moon333)