DGD - Approaching the end of its falling wedge

26 Nis 2018

Looking at the 4-hour chart, DGD appears to be due for a breakout soon. It's oversold on the RSI, approaching support on the MACD, and finds itself in falling wedge close to completion. I'll be looking for buyer volume as it nears the bottom boundary of the wedge to push the price up and out of the pattern. It is one of the few alts that has yet to see a jump in price since the alt market's positive movement in recent weeks. I'll be keeping an eye out for the break out.