DGD low supply, long accumulation...hello profit!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!
Digixdao
DGD-BTC Long Trade PlanCommodity : DIGIXDAO
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-7 days
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 9% to 33%
Prospective Loss : 11%
RRR : SL to TP1 is 0.81, SL to TP2 is 1.36, SL to TP3 is 2.09 and SL to TP4 is 3.06
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
DigixDAO (DGDBTC) Strong Breakout (1222% PP)DGDBTC is a strong breakout after months of bear action.
The RSI has gone bullish in one shoe and a huge increase in volume can be appreciated.
You can expect additional bullish action coming from DGDBTC in the weeks to come ahead.
Short term support and resistance levels:
Thanks a lot for reading.
Namaste.
DigixDAO (DGD) Ascending Triangle Signal Bullish (Learning)Here is a very famous chart pattern called the "Ascending Triangle" and this is a bullish pattern.
When you see this signal, you can expect a bullish breakout. If the breakout to the upside happens, you can expect the target to hit the red dotted line.
If DGDBTC price closes below 0.0050 on the daily candle, this signal would be invalidated.
This post is for educational purposes only.
Chart patterns are only signals and can be invalidated and break the other way.
Always use a stop loss when trading as everything is possible at all times, market can change direction without notice.
Hit LIKE to show your support.
Thanks a lot for reading.
Namaste.
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
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!
DGD/BTC 270% profitHello everyone.
A simple analysis shows us good opportunities!
Sell targets on chart
ITS NOT financial advice!
[DGDBTC] DigixDAO Touches Support [1500% PP]If you take a look at DigixDAO price now and compare it to its all time high back in January, you can see a 93% drop. DigixDAO shredded all of its gains, and other than the fact that the price bounced from its Dec. 2017 low, many signals on the charts are pointing to an upcoming up wave. Let’s take a look.
Here we have a 3D chart (3 days per candle):
- We are now trading above EMA10.
- STOCH and RSI oversold.
- MACD bullish crossover and curving up.
- Massive profits potential.
Trade instructions for DigixDAO (DGD) by Alan Masters
Buy in: 0.00559 – 0.00599
Targets for DGDBTC:
(1) 0.00711
(2) 0.00841
(3) 0.00931
(4) 0.01111
(*) 0.08100 All time high
Stop loss: Close weekly candle below 0.00500.
Capital allocation: <5%.
Please note that this is a long term trade. It can take time before the targets are hit.
The earlier targets can be hit within a few days or weeks, while the higher targets can be hit within months.
Feel free to contact me if you have any questions.
Namaste.
DGD looks to have found bottom, going long!Accumulate #DGD between 6570-5380
Current price 5757
GON MOON SOON
Targets 7000-8500-10000 (play fibs lines also)
stoploss 5200-5000
Technical Analytic for #DGD #DigixDAO (30/08) - CryptoStation#DGD (DGD/BTC)
Buy : 7400-7500
Flash Sell : 7600-7700-7800-7900
Short Sell : 8000-8100-8200-8300-8400
Stop : 7000
Follow me for more signals
Inbox me for more and more signals
never ending wedge in dgd100% is a good profit if this scenario go in my way.one more must be occure bcz bearish div is clear on indicators.
DigixDAO is a PUMP, Buy best opportunity. Targets levels inside. Buy for LONG setup, best coin on the market, digital gold.
Have you ever dreamed to buy before pump?
Good luck with that;)
Entry:
220-240
Targets:
299
356
400
440
DigixDAO Could be Near the BottomDigixDAO downtrend continues as price continues to produce lower lows and lower highs. At the same time DGD/BTC is trading within two descending channels, one inside the other. The interesting thing is that current price is at the bottom of both channels while the RSI oscillator is showing the bullish divergence on the 4h time-frame.
Fibonacci applied to the corrective wave after the btc 0.0288 support breakout shows that 127.2% Fibs is being rejected, although there is no clean bounce of that support. DigixDAO could continue moving lower and perhaps 161.8% Fibs at btc 0.023 will be the bottom of the current wave down.
To summarize, it seems that DGD/BTC is getting ready for a corrective move up or a potential trend reversal to the upside. Nevertheless price still could go slightly lower and more confirmations of the correction/reversal would be preferable.
DGD short term tradeDGDBTC looking to break-out the pattern. Seeing an equilibrium triangle pattern, descending wedge, and a descending channel. We might see it pull down to 25000s before moving higher breaking the wedge and the equilibrium and targeting the upper end of the descending channel at 50000.
TPs at 36000, 40000, 50000.
Quick opportunity FIB levelsQuick opportunity spotted, we just hit 0.786 fib level after hitting double top yesterday and the chart looks very bullish, keep in mind that it's a short term trade. RSI also looks very bullish. I will make an update if we reach first target.
FIRST TARGET 0.236 FIB LEVEL (0.029 BTC)
STOP LOSS 0.0257
Prepare for DGD break as BTC faces resistanceDGD tends to show signs of life everytime BTC faces problems and this chart is quite convincing. A strong candle crossing the TK on 1 hr and a strong support. This is a typical altcoin breakout and the question is only how far it can be taken. I put targets at the 0.618 and 0.5 fib from the short term support. Theres a low risk on this one with a clear stoploss level.
Key levels: 0.034, 0.039.
Stoploss: 0.029
Not trading advice. Good luck!
DGD in Great SetupDGD has corrected its impulsive movement and broken out of the downtrend line, currently in accumulation, and about to leave the buy zone. TP1 = 0.031500, TP2 = 0.033500, TP3 = 0.036700 ; SL = 0.027320. Please note that the chart is in daily timeframe, so the setup can take longer to develop. Great R/R also, good luck.
DGD LongFour hour shows massive falling wedge.
Potentially one more shakedown to the bottom of the blue area before we go up.
Buy blue, sell green, stop red.