DGD/DigixDao Analysis
As Alts rise, i look for solid projects that are yet to see a substantial rise for an opportunity at a long position.
Here we have DigixDao on the daily chart, using Fibonacci and trend lines to determine potential support and resistance areas.
DGD is sitting on the long term uptrend line and the .5 Fib line, this could be an opportunity for a bounce up.
Alt movement relies heavily on bitcoin so watch btc when trading!
please visit this link for a more detailed view
https://www.tradingview.com/chart/DGDBTC/4ieMnrn7-DGD-DigixDao/
https://coinalyze.net/