$DMD, Bounce Or Failure
Weekly
Looking at our trend timeframe we see DMD is stuck in a major downtrend with no signs slowing down. Stochastic rsi showing monumentum has bottomed out, but still no signs of reversal. Expecting price to fall towards 20000, and bounce off this level, if we do not bounce off this level, it gets scary.
Daily
Shifting over to our pattern timeframe we see price has found support at 40000, stochastic rsi showing momentum heavily shifted towards the upside. A daily close above 41500 activates our trade, a rejection from this level and expect DMD to sell off towards 20000.
DMDBTC
It is probable that the profit rate will reach 200%A security entry point after the breach of the EMA indicator from the MA index
Purchase price up to 0.00110000 BTC
Selling price in several stages starts from
0.00124490 BTC
0.00163760 BTC
0.00195500 BTC
0.00227240 BTC
0.00330000 BTC
DMD forming CupHere we see DMD forming the cup bowl of a Cup & Handle pattern on the 1Day. Ichimoku cloud shows that DMD is well into an uptrend and should continue on this trajectory. There is definitely huge potential here, given that it has held steady in the past few days of bearish market sentiment.
DIAMOND / BITCOIN DMDBTC DMD Coin had nice uptrend move in the lawt 2 days with over 100% profit and look like it retrace now and finding pretty strong support around the 0.00200000 Satoshis.
Coin volume not very high and i think it can jump pretty soon and keep with the bullish trend !
i choosing to go for 25%-40% profit with a quick uptrend movement. and its bitcoin can go up anytime and change our goals !
so after 20% profit ill set a stop loss so i will be safe with my 20% profit and let it ride till around 40%
Buy In : 0.00200000
Sell : 0.00260000 - 0.00280000
No Stop loss for me.
Patience is the KEY.
Good Luck !
Adar
DMD/BTC12 hour chart for Diamond/BTC on Bittrex.
Currently watching this coin to take position.
Possible 300% + gain.
Needs volume to move.
