Long
DGDUSD DigixDao Long
Despite the downward trend in the market as a whole DGD has not fallen like the major currencies.
This Modified Schiff pitchfork captures the price movement for the last several weeks.
In the past few days price has ascended the downtrending line and held above them. Resistance has become support.
In this bear market I am very wary and I will look for a bounce in ETH and BTC at the same time.
Tight stop and no leverage.
Charts of other currencies to follow but I would expect a bounce in the next few days
This Modified Schiff pitchfork captures the price movement for the last several weeks.
In the past few days price has ascended the downtrending line and held above them. Resistance has become support.
In this bear market I am very wary and I will look for a bounce in ETH and BTC at the same time.
Tight stop and no leverage.
Charts of other currencies to follow but I would expect a bounce in the next few days
Note
Ideally DGDUSD and DGDBTC will find support at the same time.
If not then I may not take the trade
Note
Note
I ENTERED AT 347 ,CLOSED AT 372 FOR PROFIT OF 25 OR 7 PERCENT. i MAY REENTER WHEN IT RETRACESNote
We may get a surge around 730 to 9am NY time.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.