DigixDAO (DGD/BTC): Early Movements for a New Coin
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.
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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.
https://tokensale.cibus.world/signup.php?ref=siv050674
you should look at my post from earlier on this coin https://steemit.com/steemit/@therealtblgk/coin-of-the-day-is-digixdao-usd319-28
Thinly traded but crazy profitable!
https://tokensale.cibus.world/signup.php?ref=siv050674
yeah. cause its backed by gold..
Before you say something like that, did you check things out! What did you buy? What is the value of gold? dID gold rise in price during the uptrend of this coin? Has this coin the same value of the gold that is behind it?
I'm 100% sure you don't know the right answers to that!
People please: OPEN YOU EYES
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
Ah great, so the gold price went up exactly at the time Bitcoin went down?
There are lots of new coin are coming to market. What about it's impacts on crypto market?
Interesting coin with impressive gains registered in a heavily-bearish market. Great read, thanks for covering it!
https://tokensale.cibus.world/signup.php?ref=siv050674
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!
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?
This does look promising: 100% gain in a bear market. Just don't be the one buying at .08 BTC!