DGDBTC Parabolic downtrendDGDBTC is in a parabolic downtrend with multiple touches. Formation of a diamond bottom is present. Also, possible bull flag formation.
Dgdethereum
A trading opportunity to buy in DGDETHTechnical analysis:
. DigixDAO/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.15940 to 0.13700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.15940)
Ending of entry zone (0.13700)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.20000
TP2= @ 0.22740
TP3= @ 0.25600
TP4= @ 0.29100
TP5= @ 0.31800
TP6= @ 0.46440
TP7= Free
A trading opportunity to buy in DGDETHTechnical analysis:
. DigixDAO/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.15940 to 0.13700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.15940)
Ending of entry zone (0.13700)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.20000
TP2= @ 0.22740
TP3= @ 0.25600
TP4= @ 0.29100
TP5= @ 0.31800
TP6= @ 0.46440
TP7= Free
There is a possibility for the beginning of an uptrend in DGDETHTechnical analysis:
. DIGIXDAO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
. While price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
Price is in the support zone (0.16500 to 0.14600), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.16500)
Ending of entry zone (0.14600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.19600
TP2= @ 0.23000
TP3= @ 0.25650
TP4= @ 0.29100
TP5= @ 0.35750
TP6= @ 0.42300
TP7= @ 0.48800
TP8= @ 0.58100
TP9= @ 0.69950
TP10= Free
There is a trading opportunity to buy in DGDETHTechnical analysis:
. DigixDAO/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.195 to 0.155). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.195)
Ending of entry zone (0.155)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.245
TP2= @ 0.284
TP3= @ 0.363
TP4= @ 0.427
TP5= @ 0.491
TP6= @ 0.583
TP7= @ 0.699
TP8= Free
There is a trading opportunity to buy in DGDETHTechnical analysis:
. DigixDAO/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.195 to 0.155). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.195)
Ending of entry zone (0.155)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.245
TP2= @ 0.284
TP3= @ 0.363
TP4= @ 0.427
TP5= @ 0.491
TP6= @ 0.583
TP7= @ 0.699
TP8= Free
