DGD Bull run continuationBull run should keep going
Interesting wicks within the Fibonacci circle of the previous down trend
I own some DGD, thought it deserved a chart
DGDUSD
DGD - Serious Potential! Great Long Entry for Gold HODLersTake a look at DGD. This is a project I've been a fan of for a long time because it combines my two great loves, precious metals and crypto. I believe that it has the potential to attract a lot of conservative investors into the very volatile crypto market because it's whole focus is digitizing the gold market. I believe the 10-year outlook on gold is incredible. Combine that with the ever emerging crypto market and I think you have an absolute winning trade. This is not trading advice, but my reasoning as to why I hold DGD.
Looking at the price action, the price has broken above resistance which has kept it at bay since August 2018. The price has been steadily rising in an ascending channel since December. But now that resistance has been broken, I believe DGD has the potential to really pump. It's a low marketcap alt with a pretty sparse orderbook. Any serious volume into this can really cause this to move.
DGD/BTC TA Update (Bull Flag Breakout)DGD/BTC
DGD is definitely on a bull market as the price is trading above the 200D MA.
DGD just broke bullish of this 1D bull flag pattern and currently testing key resistance area at 3600 - 4000 sats.
If DGD can't pass through 3600 resistance it may pull back to the upward trend-line support which is located around 3300 levels.
DGDBTC 4HDGD coin; volume began to rise, i think it will try breakout soon and in this instance the cup stands remarkable. New uptrend may be approaching.. Break a leg!
DGDBTC Parabolic downtrendDGDBTC is in a parabolic downtrend with multiple touches. Formation of a diamond bottom is present. Also, possible bull flag formation.
DGD/BTC (Up to 94% Profit Target)DGD/BTC
DigixDao shows strong Bullish candle breaking above down-line resistance.
Triple Bottom pattern and 1st Higher Low are the sign of possible trend change.
Now that we broke Bullish, A healthy pullback is good to sustain a normal uptrend with a series of High Lows.
Trade setup
Buy area: 1650 Sats - 1500 Sats
Sell target: 1700 Sats - 3000 Sats
Stop loss: 1320 Sats
DigixDAO Daily Setup - $DGDBTCDaily Setup on $DGD this is going to be a purely technical play just listening to the chart as the daily 50sma is turning into support which could lead to more spike.
The 200sma is squeezing in on the price, so I am expecting a push near .005+
DGD digixdao Macro view going forward.DGD Target zones, SR zones for the following year this is a live chart that you can update for SR levels as the price action plays out.
DGD has a major event coming up on March the 30 twitter.com medium.com
this event could be a catalyst for price expansion and new price discovery - as long as BTC doesn't ruin the fun.
IMO DGD is extremely underpriced for the supply relative to other crypto projects. DGD has been around since 2014 and has continued to expand and
build out it's core products and vision. DGD is about to enter a new phase of development and use.
Staking, voting and lock up periods will now dictate the PA moving forward as of March 30th.
Looking at the live market order books the volume is very thin, which potentially indicates that A. they have a small time MM that runs the books or B. they have been very patient and let people sell off supply until organic support was found. IMO the bottom is in on DGD and new trend intact - now is a very highly probable time to enter. As long as BTC stays above it's yearly low DGD should continue to trend north throughout the year, obviously it will have up and downs like any market during its run.
All the levels and current LH trend is on the chart. No much to say otherwise... it's all there.
DGDBTC solid Bullish Hi all,
DGDBTC is looking highly bullish. It is a great buy point for DGDBTC, just gor for it and thank me later if you got profitted from my advise.
Thanks.
DGD Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell when you get some profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you.
Thanks for visiting.
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.
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.
DGD - DigixDao won't be this cheap for longOversold on the daily chart, DGD just needs some volume to get it going. It is hovering over the 78.6% Fib retracement, ripe for another run. I'm scooping some up now while it's cheap.
DGDBTC IS READY TO MOVEHi Everybody,
Looking to the 4h DGDBTC chart, there are 4 critical signs that are enough to make us expecting bullish move.
1- Falling wedge formation
2- Increasing RSI
3- Stochastich RSI intersection
4- Bollinger Band squeeze
According to me, soon or later it is ready to launch the rocket
Hope to see you making profit !
Stable coin stable price,.. Reward on hold!!Volume is $9.127.530 USD
1.038 BTC
14.521 ETH
My scenario is when we break this channel, which will happen and we get some nice Volume then we can go up.. Still im searching the DGD that was outstanding coin 1-3 months ago.
We waited too long . My next entry is below $260. Even with drop of BTC this coin remains strong it is like USDT without FUD.
Hour of truthWill this blue channel play out? If yes, ready for moon.. If not, we wait a bit and we will moon (just patience).. It is now or never, i took my position on DGD 100%.
Good luck and hope we will make it!
Bullish DGDDGD is in a bullish phase, pretty stable in the crypto market and this coin is the next coin that will have a nice trip in the crypto space.
DGD - Inverted head and shoulders, ready for takeoffLooking at the 4-hour DGD chart, I see lots of positive indicators. Inverted head and shoulders, bullish divergence on the RSI, a break through resistance and bullish crossover on the MACD. I'm buckling up!
1-2-3 stable scenarios for DigiXDAOWe are moving nice in the early made RED channel.. In my opinion and the factors is trend is upward, we have a nice stable Volume (24h) of $11,000,000 - $16,006,400,.. and the next coin that will jump is DGD, however as I told you earlier this is a risky asset, but lately it acted very stable in the bear market.
I prefer each scenario but scenario 2 is obvious.
Good luck guys.
Target for next week $310-330..
