cryptomoneyball

DGD possible breakout

Long
BINANCE:DGDBTC   None
DGD had been on quite a run of recent. However, I think the bear season hit it finally. Moreover, I firmly believe that many people wrongly thought DGD was the token tethered to gold. Of course, that is incorrect. DGX (DigixDAO's gold-tethered token in dev) will be. DGD holders will have voting rights over DGX governance and aspects. A lot of unknowns.

However, I believe in tokens, like DGD, that have some aim to tether to typical fiat. I do expect a break, as you can see the pennant forming and the MACD bullish divergence. The RSI could be lower and we do need to see DGD charm its way above the cloud.

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