DGTX looks Ready for a BounceBuy: 0.000001250 - 0.000001300
Stop Loss: Close below trendline/horizontal support
DGTX has been very bullish as of latee, I'm expecting some continuation to the upside
Digitex
DGTX is a dormant Giant about to Moon Big TimeDGTX Team buyinig back tokens.
Clear accumulation, as well as strong RSI divergence, Once we break out of the short term consolidation I expect a big bounce
I know its had its fair share of criticism bit this an opportunity which is too good to pass on
DGTX 2x at least from HereBuy: 0.0000011 - 0.0000012
Stop Loss: 0.0000010
Missed out on most of this mini bull run. I expect a pop soon
Event driven dump is over, DGTX can riseWhat might have seemed to some like disaster, others have seen as an opportunity. In my previous analysis on Digitex three days ago, I predicted that we won't go much lower. The dump was driven fundamentally. After the Digitex exchange event with prizes ended, the people who were in it only for prizes took their capital elsewhere. DGTX is a platform for traders, so many have predicted this and are now buying back. Even -now- former member of Digitex trading academy was calling to sell all DGTX and buy a few days after the event (and was kicked for it).
Now that this is over, opportunists and prize-seekers no longer can dump the price and it is time to buy. Even though - the prize jumped a lot overnight, I still think this is very cheap in the long, short and especially middle-term run. I discussed the fundamental reasons in my previous analysis. Digitex is a revolutionary platform in its infant state. If it rises to where Bitmex or Bybit are now, imagine what the token will do. And since they have decent marketing and an outstanding product, I think they stand that chance.
Black averages are 200 daily SMA and EMA.
Reasons to buy DGTX in this dumpIt appears there was a huge dump in DGTX after yesterday's event end. About 30% is a lot, but I am convinced that it is just temporary. 200 MA is holding and the development of the exchange token continues. It's zero-fee structure and ladder trading are strong aces to beat Bybit, Bitmex and any similar exchange which might exist now or in the future.
Honestly, the dump surprised me a lot and I will be withdrawing my Btc from Bybit and converting to DGTX. Let's look at a few pros:
►No fee trading, just peer to peer. Exchange lives off selling tokens with 5% tip.
►Legit marketing.
►Exchange built by a real trader endorsed by Altcoin Daily, Ivan on Tech and other serious crypto influencers.
►All they have enabled is BTC/USD. They have ambitions to expand into other crypto pairs as well as gold and forex once they have the liquidity.
►Most importantly, it hasn't been listed on any major exchange yet . In some cases, it is due to lack of public API which is going live soon enough. In other cases, it might be the history with 2 abortive launches when the product wasn't fully flashed and the creators decided to delay losing a little trust each time. I am positive it will eventually get listed on Binance and other.
►It is unlikely it will drop further since current price was reachable long before 3rd launch was announced.
I think we should thank those who dumped DGTX, so we can get it cheap. But I must admit I am a little biased. I own DGTX and I haven't foreseen this dump to sell in advance of the event's end. I also won their merchandise during the stream.
Good luck. Have a great trade!
Digitex Trading patternIt's in range . HITBTC:DGTXUSDT .
Key levels:
0.55 (Sell)
0.41 (Sell / Buy)
0.35 (Buy)
DGTX/BTC Digitex Futures is ready to buy the rumors?Everything is on the chart. 30th-November the date when test net is going live. Buy the rumors! Go long if breaks up. Press Like & Subscribe!
A double bottom pattern on DGTX / BTC big move is one the way A double bottom pattern on DGTX / BTC big move is one the way . Everything you see is on the chart. Like & Subscribe. More information on Youtube (All in Trade)
Digitex Futures (DGTX) Crash 70%+ After CEO Postpones LaunchDigitex, a highly-anticipated zero-fee, non-custodial futures exchange with its own cryptocurrency, DGTX, came out Friday to announce that it would be postponing the April 30 launch date.
This project is a GEM! You don't wanna miss this!Hey fellas!
Firstly I want to introduce this project. Digitex Futures is a zero-fee, non-custodial futures exchange with its own base currency, the DGTX token. For details you better do some research on internet. But! Don't get late, because the exchange will be opened next week!
Before going into my analysis, I'm following this project from the beginnig(ICO). So I know the every bit of price movement, behaviour very well about this token. By the way this chart is not showing full price history. For the full price history you should check DGTX on coinmarketcap.
Going back to my analysis, it's obvious! You can easily see cup and handle formation. Left head of cup is showing ATH this token. And as you can see, correction is done. I think we are at the bottom of handle now. And crossing MA supporting my prediction. Like before did.
So, it's time to long!
I'm gonna support my prediction with some fundamental analysis:
1- There is no correlation between DGTX and Bitcoin. While BTC was falling, DGTX gave 32x profit from ATL to ATH. So any BTC price drop can't effect DGTX.
2- Treasury sale is closing to end.(You should check Digitex's website for details)
3- This token is utility token. So it have pretty much more than speculative shitcoins.
4- Exchange will be opened next week!
5- Futures exchange without commision. THIS IS REVOLUTION!