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Dgdlong

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)
DLong
by moon333
1
I'm Interested on $DGD Not Because of the Chart, but...DigixDao sounds like Chinese something... Yes, it probably is. Since the office is in Singapore that probably Chinese board members on it and you can confirm that in their website. This is not racist something and you shouldn't interpret like that. To me this is even a plus point. I spot the chart quite tempting with squeezed Bollinger bands, this might have a chance for a sudden violent pump anytime as long as the bitcoin price not going no where below $6500. Well, chart is fine. It is suit my criteria to make one or two position on this area. More over, as I check on the website that DGD project is about Gold on blockchain and have only 2 mills circulating supply. I'm excited to publish this idea. Above all, this is a quite great project already, looking forward for the development and also they are already having quite great partnership and willing to pay for media exposure. Above all, you're the one to judge whether you're agree or not with me. Short targets on the pink lines while mid target i just use Fibonacci. If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
DLong
by blockchaindedi
DGD - Falling Wedge near CompletionLooking at the daily chart for DGD, it looks like it is at the very end of its falling wedge. The MACD shows bullish divergence developing since late May. The Bollinger Bands are getting quite tight and the price action has moved beyond the bottom boundary. All these indicate to me that DGD is getting ready for a bounce. I could see a couple things happening from here: 1) We could have a big bounce similar to the one back in February 2) We have a break to the upside, but bounce off the resistance trend originating from its all-time high and stay within the larger falling wedge until September/October. I am leaning more towards the latter (option 2). Being a gold-oriented cryptocurrency, I think DGD goes berserk in the fall when precious metals really take off. Right now PMs are grossly oversold, but they will have their day soon and I imagine there will be a correlation in their rise in demand along with DGD's. In the meantime, the bounce could be quite nice and DGD has an excellent rewards program for investors who actively participate in the voting DAO community. Totally worth looking into in my opinion, especially if you're a hodler and get in while the price is this cheap.
D
by jpbrown1023
4
DGDBTC possible LONG opportuity !Hello guys, If you missed my RPX call from start, you can still put your money on some thing. Look how RSI is still oversold and look at the volume. Volume decreased nearly to 0 that means one single bull can start the rally. There is no real sell walls on DGDBTC. But dont forget to put stoploss. I dont want to lose your money. I will update this trade due to BTC movements. From this point DGDBTC looks so perfect. Its like ready to MOON! This is not an investment advice. Please trade at your own risk. Instractions below. Redline: stoploss Greenline: Buy area Bluelines: Resistance and sell areas. Thank you.
DLong
by BurakTuran
1