DigixDAO Trade by Alan Masters
DigixDAO (DGD) is available to trade on Binance. Compared to other trades, this one hasn't move much since bouncing from bottom, and still needs to accumulate longer before taking off, but the charts are showing good potential, we can make good profits trading this coin.
Let's start by looking at the 4 hours per candle chart, then the daily and finally weekly, to see if the signals and indicators are on our side:
CHARTS, SIGNALS & INDICATORS
Here is the 4 hours chart:
- Higher highs and higher lows can be spotted by looking at the MACD and RSI on this time frame. You can see this since the 29th March on the MACD and the 4th April on the RSI.
- The RSI has been trending up since it touched the oversold line.
- The MACD and RSI are already on an uptrend regardless of the price action being in a downtrend.
- Positive divergence and bullish crossover on the MACD as well.
- We are trading above the SMA20 and SMA50 lines.
TRADE INSTRUCTIONS
Buy-in: 0.030 - 0.035
DigixDAO (DGD) Targets:
SHORT - MID TERM
(1) 0.0390
(2) 0.0426
LONG
(1) 0.0471
(2) 0.0541
(3) 0.0601
(4) 0.0691
(5) 0.0801 (All time high)
(6) 0.1131
Stop loss: 0.022
Message: 1111 Wishing You The Best
In this exact moment.
To you the reader...
I AM ALWAYS WISHING YOU THE BEST!!!
Namaste.