DGDBTC formed bullish BAT | Upto 23% bullish move expectedPriceline 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
Regards,
Atif Akbar (moon333)
Dgdbtcbuy
DGDBTC hitting support of channel| Upto 18% bull move expectedPriceline of DigixDAO / Bitcoin cryptocurrency is moving in an up channel and now the price action is getting bounced form 100 simple moving average and bullish cloud and support of channel.
In directional movment the +DI is moving up and the ADX is at 35 this mean that the power of ADX is still assigned to bulls.
MACD is turned weak bearish from strong bearish.
As per Fibonacci sequence calculation method the targets are:
Sell between: 0.001622 to 0.001772
Regards,
Atif Akbar (moon333)
DigixDAO/Bitcoin (24 May) #DGD $DGD #BTC $BTC#BUY
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
Buyzone : 4200-4250
Sellzone : 4500-5000-5850
Stoploss if price is lower than 3950 and consider buying back around 3300
