Dragonchain (DRGN/BTC) + BTC/ETH/LTC Technical Analysis!


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Daily

Looking at our trend timeframe we see price has formed a new low, taking out our 5000 support zone. Stochastic RSI showing momentum was in favor of bulls, however looks like we have peaked and should be expecting a retracement towards 2500 followed by a bounce towards 5200.

Conclusion

  • Buy: After Daily Close Above 3200 / Bounce Off 2500
  • Sell: Por Que?

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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.


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