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DRGNBTC

$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
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 🚀
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by MonoCoinSignal
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.
DLong
by Hrempe
4
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
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
DRGN trading-So, typically as a trader we identify supports and resistances and then create a prediction of how far we think our trade will go. We have take profit lines at each new zone. This is an effective form of risk management and greatly minimizes your risk. If you are able to enter your trade at the bottom of the zone each time and ride to the next high, then sell the top, that is ideal. It’s easy to get chopped up though if you are unable to identify where those zones or lines are.
DEducation
by Knotillusion
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