Dragonchain Waking Up (Full Chart Analysis w/ 130%+)

If you look at my last analysis for Dragonchain (DRGNBTC), you can notice that prices moved and closed below the 0.786 Fib. retracement support, eliminating 100% of the gains relative to the last bullish wave...

This is good news because all weak hands have been removed and prices are moving back up again.

With prices now gaining upwards momentum while bouncing off support, we have higher chances of breaking higher and lower risk when trading this call.

The next barrier to conquer is MA200 or 0.00000426.

• If DRGNBTC can close above this level, we can see pretty good growth.
  
• This level can be taken out tomorrow (green arrow) just as the attempt can fail and a retrace takes place (red arrow).
  
• Even if prices break below the "last low", we remain bullish all the way (blue arrow).
  

Thanks a lot for reading.

Namaste.

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This is not financial advice.
All the information shared here is intended for educational and entertainment purposes only.

Feel free to hit LIKE/SHARE/FOLLOW and/or COMMENT to show your support.

Comment:

+49%... ENJOY THE PROFITS.

Comment:

Dragonchain | DRGNBTC

BUY: 0.00000330 - 0.00000370

NEXT SUPPORT: 0.00000300

TARGET:

1) 0.00000444 |Hit 6-May (+27%)
2) 0.00000545 |Hit 6-May (+56%)
3) 0.00000610 |Hit 7-May (+74%)
4) 0.00000700 |Hit 7-May (+100%)
*) 0.00000829 |Hit 7-May (+137%)
5) 0.00000840
6) 0.00000955
7) 0.00001111
8) 0.00001350

PROFITS POTENTIAL: 285%
(Buy calculated at 0.00000350)

STOP: Close weekly below 0.00000280.

Comment:

TARGET:

1) 0.00000444 |Hit 6-May (+27%)
2) 0.00000545 |Hit 6-May (+56%)
3) 0.00000610 |Hit 7-May (+74%)
4) 0.00000700 |Hit 7-May (+100%)
5) 0.00000840 |Hit 11-May (+140%)
6) 0.00000955
7) 0.00001111
8) 0.00001350

Comment:

TARGET:

1) 0.00000444 |Hit 6-May (+27%)
2) 0.00000545 |Hit 6-May (+56%)
3) 0.00000610 |Hit 7-May (+74%)
4) 0.00000700 |Hit 7-May (+100%)
5) 0.00000840 |Hit 11-May (+140%)
6) 0.00000955 |Hit 15-May (+173%)
7) 0.00001111 |Hit 15-May (+217%)

Trade closed: target reached:

ALL TARGETS HIT!

ENJOY THE PROFITS!
Feel free to show your support by hitting LIKE.
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TARGET:

1) 0.00000444 |Hit 6-May (+27%)
2) 0.00000545 |Hit 6-May (+56%)
3) 0.00000610 |Hit 7-May (+74%)
4) 0.00000700 |Hit 7-May (+100%)
5) 0.00000840 |Hit 11-May (+140%)
6) 0.00000955 |Hit 15-May (+173%)
7) 0.00001111 |Hit 15-May (+217%)
8) 0.00001350 |Hit 15-May (+285%)
*) 0.00001518 |Hit 16-May (+333%)
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Namaste.