DRGNUSDNibbled on some DRGN at 41 cents. This will be a set and forget trade for me. Dont forget to put those sell orders in ;)
DRGN
I am bullish on $DRGN #DragonChainThis is an american based DEX.
Price will start accumulating the we might be heading to a new high.
$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
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.
DRGN To Bounce Again Before It Surges!W3L4.
I believe that we're going to see DRGN go to the 0.618 level on on the last fib price; which is the most likely level; when the microalts pump as Alex Becker predicts - he predicts BTC to bounce like I am and a microcap boost with it; although I have no clue why.
After that, if the half-oval is correct, pressure will be on the price to surge above the resistance/support levels and will probably when 1/3 of the oval is left.
Bet#1: the first boost should occur in July.
bet#2: the price goes into the orange zone of the last fib price.
Bet#3: the BIG burst is between the 1.3 and 2 fib time range!
Bet#4: the peak of the burst is about 1.4, 0.54 being the lowest it could go!
DRGN/BTCDue to multiple requests update for SRGN high timeframe chart. Since last update made May 8th it dipped to green support zone, touched 250 and bounced back to ~420 resistance. It will be logical if after the first touch price pull back to 290-300 (bullish scenario) or again 250 (accumulation scenario) before trying to breakout higher to 500-530 resistance zone. That zone is strong and capable of holding price for long time. But resistance above it at 600 was already tested twice so next time DRGN come back there it will have high chances for final breakout.
If you liked my idea, follow me for more 🚀
$DRGN -BALL-Zplease dont crush me. beginner with TA.
As long as btc stabilizes and consolidates a bit, eth will follow. DRGN can push thru .0002188 to test .0004490 ish and above, all depends on what daddy btc does. daily looks extremely bullish. how much more momentum can btc give these alts!?
obviously not financial advice cuz I dunno a damn thing. just thinkin aloud.
Simple Cup and handle patternI spotted a simple cup and handle pattern on the DRGN/BTC chart. Might be interesting for folks who want to go long. Decide for yourself if it is worth the trade on a breakout. The project itself seems to be doing well.
DRGN/BTC LongDRGN/BTC looking like it wants upside movement:
MA30 crossed above MA100 on March 1st
signifying that the the trend will likely be bullish
now for these coming weeks at least.
To add more conviction to the play that it has
turned bullish, we will need to see a clean close
above the Gann Fan 1/1 line which price has been
consolidating against since Feb 10th.
If this happens then we could expect price to visit
resistance at
300 sats
then the .236 and .382 fib levels at
449 sats and 650 sats respectively,
until meeting stronger resistance at the 2/1 Gann
Fan line.
It just needs a nice influx of volume here and
it should start moving.
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.
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
Dragonchain waiting for BreakOutDRGN/BTC Long Spot Wallet
Enchange: Kucoin
Buy Market
Re-buy: 260sats
StopLoss: 245sats
Targets: 345sats, 420sats, 500sats
Enjoy! :)
DRGN/BTC Rebound! (66.7%+)KUCOIN:DRGNBTC is rebounding after it reach to .000015! Below are some targets.
BUY: Near 0.00000575
NEXT SUPPORT: 0.0000045
TARGETS:
1) 0.0000065
2) 0.000007
3) 0.000008
4) 0.000009
5) 0.000010
REALISTIC PROFITS POTENTIAL: 66.7%
STOP: if price goes below 0.0000045
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
drgn time to enterI am not financial advisor.Do your research.
DRGN looking as time to enter for long trade.
8h chart also bullish.
sell target 850sat,900sat,1000sat,1100sat,1200sat
stop loss -7% from your entry.
good entry 750sat-820sat
You can trade on kucoin.
www.kucoin.com
SHORT - DRGN - Trading OpportunityFTX:DRGNPERP tried to break ATH resistance, seemed to succeed but has now broken down below support, retested it and continued to go down, will probably go back to previous supports. This is also an index based on a few chinese altcoins, and with the market being in a place where it's hard to gauge what's going to happen next, this probably is going to take a huge hit if things go south.
Entry: 1189.2
Target 1: 1078.8
Target 2: 993.2
SL: 1240.6
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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.
Is this the bottom? Is DRGN awake, and thinking of flying ?DRGN has had one of the most epic moons and crashes of the Jan 2018 Bull run into the bear market, just as you thought it might stand back up and spread it's wings it did not...over and over again,. Songs were made, millions evaporated, fanboys capitulated, patents were filed, race cars were decorated, mainnets were released and the DRGN did nothing but continue to drop.
Is this the bottom? Is DRGN awake, and thinking of flying?
Do fundamentals mean anything at all or just the charts?
DRGN has stopped it's long downtrend and has made a slightly higher low and higher high. It is a bit early to tell if this is real, but it is worth watching.
Targets
0.00000500
0.00000769
0.00001050
0.00001530
0.00003000
0.0000MOON ?
Stop loss:
0.00000335
DRGN BTC ready for another 200 - 300 - 400% pump? DRGN has been holding it's bottom well since I called bottom here a couple of months back.
DRGN's retracement from it's last large pump seems to have ended, and it is time for another pump.
DRGN is holding it's ground
The RSI is showing bullish continuation
Targets:
595 sat
843 sat
1150 sat
Longer term:
3000 sat
ATH
35000 SAT !
DRGNBTCLooking at DRGN on the daily chart
* RSI oversold and made a nice W
* Bullish div in Willy and a nice W breakout
* OBV making a W
* Buyers stepping in on volume
* Price coming back into value (80% of the time it will test value high, thanks Hoag)
* 50% target lines up with value high
Please remember to "Plan your trade and trade your plan"
If you like what I do, drop a comment, tell me what you think and don't forget to like and subscribing. Thanks :)
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.
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DRGN Three rising peaks?Possible three rising peaks pattern, this is a new pattern im working with. A bullish cross can be seen on the daily between MA levels. Everything circulate back around eventually!