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 ;)
DRGNBTC
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/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.
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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.
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 :)
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
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.
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.
Feel free to hit LIKE/SHARE/FOLLOW and/or COMMENT to show your support.
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!
Dragonchain Uptrend Is ConfirmedDRGNBTC (Dragonchain) is now retracing after printing a higher high, this retrace touched the 0.618 Fib. support which also coincides with EMA100.
Prices can still go lower for DRGNBTC and hit the 0.786 Fib. support (0.00000419)... If this happens, we expect a very strong bullish move to follow.
DRGNBTC is now above EMA100 (0.00000519), if prices remain above this level we can see growth (1) right away.
Thanks a lot for reading.
Namaste.
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.
Dragonchain Still Has Room For Much More | 140%+ MappedDRGNBTC (Dragonchain) just conquered EMA200 and is now aiming at EMA300 or 0.00000950. Above EMA300, additional growth can easily take place.
Prices are moving higher on low volume, telling us that there is lots of additional room for growth.
Here is my previous chart for this pair, we are at 90%+.
4-Jan. - Dragonchain | The Easiest Way To Collect 125%+ In Days!
Thanks a lot for reading.
Namaste.
$DRGN looks good to invest some on #bittrex$DRGN I would consider this a good place to throw some BTC on Bittrex exchange as I dont trade there regularly. It makes a god RRR, with a stop loss of 8%, It targets more than 100% to First strong Resistance level after breakout.
DRGN newsGreat breakthrough for DRGN, it has broken the 550 resistance. Next 2 resistances are 710 and 1000. Maybe a 100% profit coming up for this little beast.
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.
Descending scallopsDRGNBTC and ZCash have formed a descending scallop of the weekly chart, this may lead to bullish returns in the long term. Highest success rate next to Falling wedges so far. (Higher in a bull market)