SUMMARY
DigixDAO (DGD/BTC) is a new coin and and THINLY traded so it would not have the liquidit to absorb large positions without raising the bid sizably. Thinkly traded Cryptos need to be traded with caution!
DGD/BTC price escaped the downward pointing symmetrical triangle, confirmed by declining volume, with an upside move and an impulse is likely carrying it towards 0.0811 BTC.
A closer 1 hour chart view shows the price patterning out an a,b,c,d,e triangle (red waves) and they would place the wave 4 (white). Once wave 4 is done, a renewed impulse as subwaves of wave 5 should be identifiable and this would confirm the next leg up.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
I have a small holding of digixdao, I am unsure why we have run up whilst Bitcoin has gone down, there is not much movement in the price of gold either to explain this.
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you should look at my post from earlier on this coin https://steemit.com/steemit/@therealtblgk/coin-of-the-day-is-digixdao-usd319-28
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Thinly traded but crazy profitable!
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yeah. cause its backed by gold..
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DigixDao is pegged to real gold so it is not affected by Bitcoin crash and people are moving funds into it, look at the volume in Binance.
You can buy DigixDAO here using my referral link
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There are lots of new coin are coming to market. What about it's impacts on crypto market?
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Interesting coin with impressive gains registered in a heavily-bearish market. Great read, thanks for covering it!
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It seems as though human nature sets in even in crypto that we would move our holdings to a more grounded investment back by gold to ride the storm of FUD, till its time to get back in. Chinese new years around the corner which also will have an impact on gold as well. Interesting few weeks ahead.... I remain optimistic!
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En el gráfico del exchange binance se muestra que el 9 de enero tuvo un pico que llegó hasta el 0.0806 (claramente un pump and dump). ¿En este caso el conteo de las ondas de elliot se invalidan o como se debe proceder en el conteo?
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This does look promising: 100% gain in a bear market. Just don't be the one buying at .08 BTC!
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Thank you Haejin for all of your support and knowledge. You are a great teacher!
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Really appreciate boss, the coin din't went like my chart, but anyway, I will wait utill 0.06 and start sell a bit. %25 at 0.06 25% at 0.07 25% 0.08 and 25 at 0.085....
Really thanx for the update made after my request @haejin
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Thanks for the info ,
Am in.
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If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
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If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
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If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
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What the fuck are you doing here ? Don't flag every comment as a mad guy
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