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Dragonchain

Dragonchain £16.5 MillionThe U.S. Protections and Exchange Commission has squeezed charges against Dragonchain for supposedly bringing over £16 million up in a contribution of unregistered "crypto resource" protections — a gigantic sign the controller is extending its campaign against the digital money space. SEC Files Suit Against Dragonchain The SEC has hit Dragonchain with lawful activity. The protections guard dog on Tuesday recorded an objection against Dragonchain organizer and CEO John Joseph Roets for neglecting to enroll £16.5 million in crypto resource protections offering. The SEC is likewise suing three business elements related with Roers and Dragonchain: Dragonchain Foundation, Dragonchain Inc., and The Dragon Company. The protest, documented in the U.S. Area Court for the Western District of Washington, asserts that the litigants got £14 million from the offer of Dragon tokens (DRGN) in an underlying coin offering (ICO) advertised to around 5,000 financial backers across the globe in 2017. An ICO is a financing model utilized by blockchain new businesses to quickly raise capital. The organization welcomes financial backers to buy its recently made token or money through a limited presale before it is delivered to the public.Twisting the blade, the SEC likewise guarantees that every one of the three elements and the pioneer sold an extra £2.5 million worth of DRGNs to cover business consumptions and market Dragonchain innovation in the period somewhere in the range of 2019 and 2022. Dragonchain was created by the Walt Disney Company in 2014. The convention became open source and was delivered to people in general in 2016. Dragonchain, which promotes itself as a cross breed blockchain framework for "tackling business issues at an endeavor scale", has not been in standard cryptographic money news much in the midst of other sprouting projects. The SEC is looking for long-lasting orders, common financial punishments, and vomiting of the returns. Roets Says He Has A 'Exceptionally Strong Case" Against SEC Charges The Dragonchain boss designer is freely getting down on sketchy conduct by the SEC. Roets, who had recently been educated by the SEC regarding the test, tended to the charges prudently in a letter from May posted on Tuesday. He vowed to give an exact contention to demonstrate that the U.S. top monetary cop shouldn't record charges against the named respondents for infringement of protections regulations. "The SEC is singling out tasks to target, frequently singling out the ones with the greatest chance to upset occupant interests, while giving a free pass to other people," Roets declared. "The commission is attempting to shoehorn programming innovation into inconsistent protections regulation from the 1930s. This raises doubt about whether the Commission comprehends the innovation enough to manage it really." Roets accepts he has a "exceptionally impressive case". Whether Seattle-based Dragonchain chooses to mount a brutal lawful guard against the SEC (like Ripple) instead of settling is not yet clear. The SEC has for a really long time neglected to direct the security status of numerous digital currencies while constantly contending that crypto resources ought to be brought under the domain of protections guidelines. The organization has rather picked a "guideline by requirement" move toward that has gotten under the skin of numerous crypto lovers. Last month, the SEC broadcasted that nine of the digital forms of money recorded by Coinbase were to be sure protections. The office is additionally investigating whether the crypto trade allows Americans to exchange such tokens that ought to have been enrolled as protections.
DLong
by DEinvestment
$DRGN/BTC 1D (KuCoin) Big falling wedge near breakoutDragonChain has been down-trending for such a long-time, reversal seems to finally be around the corner after regaining 50MA support. Risk/Reward= 1:2| 1:3.8 | 1:6 Expected Profit= +53.01% | +100.80% | +159.04% Possible Loss= -26.51% Fib. Retracement= 0.382 | 0.618 | 0.893 Estimated Gain-time= 3 months Current Price: 0.00000264 Entry Zone: 0.00000263 - 0.00000235 Take-Profit Targets: 1) 0.00000381 2) 0.00000500 3) 0.00000645 Stop Targets: 1) 0.00000183
DLong
by TradingOn
Dragonchain Is Preparing for Liftoff Possible 10x DRGN BTCDragonchain has woken up, and is currently in a bullish pennant on the four hour. Measuring with the Fib Dragonchain looks to be doing a rounded bottom vs Bitcoin very soon. Dragonchain looks like a fantastic buy right now. Dragonchain is above support The MACD is bullish The Relative strength Index is pointing up. Looks like it is heading towards a rounded top at 2365 sats approx very soon. Targets 2365 sats 1285 sats 585 sats Dragonchain has many higher targets but this is the expected pump over the near term.
DLong
by CatShark
1
Dragonchain liftoff DRGN has been on a steady uptrend this year. Trey Rutledge, their person in charge of "special partnerships", is shilling hard. He says that their team has been in talks with the Biden administration and they said Dragonchain fits 9 categories for government use, in some categories they are the only choice. Strong fundamentals, maybe those Disney connections are at work. This is a good bet to make to see it tear to the top 100. Short term I expect to see 50 cents but I'm taking that last bottom as the start of a new impulsive wave to trace the potential Fib levels.
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by JohnReal
Gimminy Crickets!?Have any of you ever wished upon a star? LOL Held this thing for a while now. I don't care... Feel free to "Edumacated" me LOL " Oh, well you just do get it!" Story, story, narrative, talk, talk, BLAH... Umm Ok yeah whatever I am still selling. What's next? Would you want to talk to me about Embercoin and oooh how about Dragonchain !? 3...2...1... Gainz LOL What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" -No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO" ""KEEP CALM AND MANAGE THY RISK!""
Short
by BradySWilliams
6
Clean S/R flip on the DRGN/BTC chart points to continuation! Dragonchain was one of the top performing ICO's in late 2017 and has been building through the bear market. The BTC pair on Kucoin broke out off the bottom on high volume and just flipped the first key support / resistance level on the Daily. Hunting for a free position to hold through the cycle means selling half a position on a double in price. With an entry in the low 300's and the next major resistance up in the low 600's, we think there is a good chance of securing a free position in the coming month! DYOR as always :)
DLong
by Randomtask555
1
DRGN BTC Possible 10x Rounded BottomDRGN dropped considerably after it's last huge 5x pump down to nearly 120 sats. Currently it is hovering just a bit over 200 and looks like it is ready climb again. The MACD has just achieved a bullish crossover. DRGN is pushing up against the 20ma Bullish volume is exceeding Bearish The RSI is pointing up, with a long term bullish divergence. The fib retracement is putting a target of 1200 sats on my chart matched perfectly with a rounded bottom pattern. Target 1 500 sat Target 2 1500 sat Target 3 2400 sat ATH 22230 sat (100x) Considering current market conditions as well as the indicators on the chart, Dragonchain has all the indications of being a potential life changing buy at this price.
DLong
by CatShark
2
DRGN stretching it's wings and looking upwards 5x possibleDragonchain seems to have finished retracing now after it's epic wake up pump, and is looking to the skies once again. DRGN has found support around 600 sat and been bouncing between it and 840 sats for a couple of weeks now, but looks ripe to start heading skyward. Support has been tested The RSI is bouncing off a hidden bullish divergence. The Stoch RSI is oversold with a bullish cross. Bearish volume seems to be exhausting. It is above most Moving Averages (Needs to break the 100 MA, but I think that will happen) Seems like a fine time to buy to me. Mid Term Targets 1150 sat 1513 sat 2057 sat 2387 sat 3000 sat
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by CatShark
3
Dragonchain Ultra Bullish, Most Target HitWe shared a chart recently for DRGNBTC (Dragonchain) that hit 217% and we only have 1 target left... See it below, Now, what happens next with DRGNBTC? This is an interesting spot which is why we always BUY BEFORE THE BREAKOUT. With prices going higher multiple scenarios are activated. 1) Prices can start to retrace, for short or long, after strong resistance is hit. 2) Prices can continue straight up... We are not interested in how this chart will continue to develop, why? Because we trade to make money/for profits... The best, easiest, and simplest way to profit from these altcoins charts is by buying low and selling high. Once prices are going high, we sell and move on and find the next bottomed out coins. Once you reach the bottom, the only place left to go is up. Now that prices are increasing make sure to secure profits... Enjoy your profits... and Share your support. Namaste.
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by AlanSantana
11
Dragonchain Waking Up (Full Chart Analysis w/ 130%+)If you look at my last analysis for Dragonchain (DRGNBTC), you can notice that prices moved and closed below the 0.786 Fib. retracement support, eliminating 100% of the gains relative to the last bullish wave... This is good news because all weak hands have been removed and prices are moving back up again. With prices now gaining upwards momentum while bouncing off support, we have higher chances of breaking higher and lower risk when trading this call. The next barrier to conquer is MA200 or 0.00000426. If DRGNBTC can close above this level, we can see pretty good growth. This level can be taken out tomorrow (green arrow) just as the attempt can fail and a retrace takes place (red arrow). Even if prices break below the "last low", we remain bullish all the way (blue arrow). Thanks a lot for reading. Namaste. ========================= This is not financial advice. All the information shared here is intended for educational and entertainment purposes only. Feel free to hit LIKE/SHARE/FOLLOW and/or COMMENT to show your support.
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by AlanSantana
7
Dragonchain | The Easiest Way To Collect 125%+ In Days!The beauty of trading cryptocurrency is the volatility of the available pairs/instruments... The price swings are so big, and profits so good, that even for those that see it happening daily is hard to believe. Here we have Dragonchain (DRGNBTC) and with this chart, you will see what I mean. We have a strongly bullish chart here with all of my classic signals in place... Bullish divergence with the MACD. Strong RSI. Bottomed out. Trading above EMA10 & EMA50. Little resistance on the way up. Based on these signals, the market cycle in which we are in, and experience, I can tell you that Dragonchain is about to make a huge jump. We will see around 125% or more of growth within just 1-2 months... The red dashed line at the bottom can work as a stop-loss, in case the market turns and the trade goes wrong. Remember to hit LIKE to show your support. Namaste.
DLong
by AlanSantana
5
DRGN/BTCI am not paid by dragonchain. I do own a modest size bag which I bought at .00001143 ($0.093). This is not financial advice, I am documenting this trade, because this is honestly my favorite project. This token has gone undervalued far too long. I have held drgn and lost money to it before, but now is my chance to redeem myself and I get to be on ground floor of one of the best projects in crypto. Dragonchain has caught my attention since OCT 2017, but I fell for FUD and didn't buy until the token skyrocketed to ath of $5(I think it was). I fomo'd and got burned. However, if there ever was a great opportunity to buy this project it is right now. I do not pretend that I will make money, but the technicals are very strong with this project and so many people have fudded to the ground, that even now if you said you were going to buy(drgn) you would be laughed at (this is a sign to buy imo). .00001000 - .00001400 is a strong "accumulation" zone. .00001500 - .00002000 is the "Mark up" zone. The best part about the 2018 bear market is that it essentially put us all back in time to redo our mistakes of 2017 and this is one of mine. Wish me luck!
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by UnknownUnicorn1036681
4