We raise stop loss above buy in after first target is hit. Trade closed in profits on retrace.
If you take a look at DigixDAO price now and compare it to its all time high back in January, you can see a 93% drop. DigixDAO shredded all of its gains, and other than the fact that the price bounced from its Dec. 2017 low, many signals on the charts are pointing to an upcoming up wave. Let’s take a look.
Here we have a 3D chart (3 days per candle):
- We are now trading above EMA10.
- STOCH and RSI oversold.
- MACD bullish crossover and curving up.
- Massive profits potential.
Trade instructions for DigixDAO (DGD) by Alan Masters
(1) 0.00599 – 0.00633
Targets for DGDBTC:
(1) 0.00711 * Target hit 6-Oct. *
(*) 0.08100 All time high
Stop loss: Close weekly candle below 0.00500.
Capital allocation: <5%.
Please note that this is a long term trade. It can take time before the targets are hit.
The earlier targets can be hit within a few days or weeks, while the higher targets can be hit within months.
Feel free to contact me if you have any questions.