DAG - Now is time to start paying attention!Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
Facts:
1. Stochastic RSI - during the start of the bull market, when K (Blue line) cross over D (Red Line), we 7x-18x. Looks like we may cross again!
2. RSI - We have been bouncing the trendline for 2 years! Highly oversold on the weekly chart!
3. Market Cap - 515 Million, which is highly undervalued. Low Market cap Gem!
4. This cryptocurrency has been hyped for a while. Now that indicators are showing some "buy signals", its time to start paying attention!
Buy Target: 0.15 (Corresponds to the 0.618 Fib) MAY NOT BE REACHED! May also hit the support line at 0.19 before skyrocketing!
Sell Targets:
Sell Target 1: 0.49 (Corresponds to ATH)
Sell Target 2: 1.11 (Corresponds to 1.272 Fib)
Sell Target 3: 1.41 (Corresponds to 1.414 Fib)
Sell Target 4: 3.17 (Corresponds to 3.618 Fib)
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."
"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
DAGUSD trade ideas
1 dag = 1 dollar?this is just rough analysis, in theory $DAG will solve fee and inter-chain problem.
$dag chart looks like a messy one if you see closely, too volatile.
but, if you zoom out, it just make sense, everything under $0.05 is accumulation phase.
The five top performing cryptocurrencies of 2019The five top performing cryptocurrencies of the year (so far - updated December 23):
1. Constellation
2. Chainlink
3. Centrality
4. Tierion
5. Ripio Credit Network
