Long
DigitalNote (XDNBTC) idea #2 - Bullish trend continuing
DigitalNote ($BITTREX:XDNBTC) is a open-source project (digitalnote.org/). Which was already opened more in my previous post (https://www.tradingview.com/chart/XDNBTC/Qv59i24R-DigitalNote-XDNBTC-Bullish-rebound-and-continuance-of-trend/).
Targets are same (resistance levels)
- 219 satoshi
- 286 satoshi
- 347 satoshi
There has been heavy resistance in the 180-185 area and 195-200 area. The volume has been around 70-80BTC daily, so still low volume. The
BTCUSD has been on a downhill and will correct soon toward $16k level and it might push ALTCOINS down, but DigitalNote has been rising with Bitcoin before.
Targets are same (resistance levels)
- 219 satoshi
- 286 satoshi
- 347 satoshi
There has been heavy resistance in the 180-185 area and 195-200 area. The volume has been around 70-80BTC daily, so still low volume. The
BTCUSD has been on a downhill and will correct soon toward $16k level and it might push ALTCOINS down, but DigitalNote has been rising with Bitcoin before.Note
Lower detail price actionNote
Seems like we are in a holding pattern and waiting for news from any of the developers of this coin. Currently REDDIT and FB have been silent outside the few competitions. There is much potential with this coin, but the non-communication from the developers is killing slowly this coin.Trade closed manually
Not sure, if to keep this open since the 150 level was broken by Bitcoin rising and the DigitalNote hit 110 lowest point. Now around 185 because of a Telegram pump.Orginal message in Telegram group:
PALM BEACH SIGNALS:
Mid Term :round_pushpin: #XDN:round_pushpin:
#BITTREX :arrow_forward: bittrex.com/Market/Index?MarketName=BTC-XDN
Buy Zone: 150 or below
T 1: 160
T 2: 169
T 3: 178
T 4: 187
Stop-loss: 135
Note
The end pictureNote
I jumped out maybe bit too soon, should have taken bit more risk, but the volume seemed to drop around 185. Well next time ill get that extra 20%.. Not sure, if anybody cares that there is no word from developers since the XUN Fork. So for long term I think it will be risky until they come out with a new roadmap or REDDIT QATrade closed: target reached
This ended up with a HUGE pump-and-dump and now flowing back down since no new news from developers.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.