Priceline of DigixDAO / Bitcoin cryptocurrency is moving in an up channel and now the price action is getting bounced form 100 simple moving average and bullish cloud and support of channel.
In directional movment the +DI is moving up and the ADX is at 35 this mean that the power of ADX is still assigned to bulls.
MACD is turned weak bearish from strong bearish.
As per Fibonacci sequence calculation method the targets are:
Sell between: 0.001622 to 0.001772
Regards,
Atif Akbar (moon333)
In directional movment the +DI is moving up and the ADX is at 35 this mean that the power of ADX is still assigned to bulls.
MACD is turned weak bearish from strong bearish.
As per Fibonacci sequence calculation method the targets are:
Sell between: 0.001622 to 0.001772
Regards,
Atif Akbar (moon333)
