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.
So far it is looking pretty good, take a look at the daily chart:
評論
⋅
This one still needs to create a reversal signal from the last retrace. We are going down for now but it seems to be holding strong at the current price level, from which it can accumulate and start to move up. In the meantime, we can allow more time for the trade to develop.
評論
⋅
We are pretty far away from our stop loss, so please allow time for this trade to develop. Patience is needed in order to make money trading cryptos.
Thanks a lot for your incredible and infinite support.
Namaste.
評論
⋅
The EMA200 price level (yellow line) has been holding nicely. Look at this chart, DGD can really take off anytime... (this is a 12 hours per candle chart):
手動結束交易
⋅
Our DigixDAO (DGD) trade is now closed. This one hasn't performed as expected.
Feel free to sell your coins.
Note: You can also hold until the Consensus is over and the market starts to grow again and sell using the targets above. Nothing changes as to the instructions of this trade.
So it is up to you if you want to keep it open or close it.
I am closing it. Since we are diversifying, this is only a very small portion of our capital.
Namaste.
評論
⋅
Remember, the targets above are still valid. You can use the targets in this trade if you want to trade this coin.
Closed only means that I am not following up on updates, but this is easy to trade. Buy, hold and wait to sell on target.
DGD has just retraced to the 61.8% Fib-level. I think it might be a mistake selling here.
If it drops more, then yes, but we might just get a reversal here.
AlanSantana
⋅
@CryptoCow, Yes, I am only closing this trade. You can hold long if you like and use the targets above to sell once the price jumps back up.
CryptoCow
⋅
@alanmasters, Thanks, I hope it will.
Jadeba
⋅
i was one of his biggest critics in the bear market, but he is legit, and all bear markets are tough but there are hundreds of coins to buy out there and what does he just get lucky pickin winners? i dont think so, stick with him you be fine.....i do side shit on my own of course, but he is an amazing guy to follow if you want to make money without learning on your own....good job alan