Hey fellas!
Firstly I want to introduce this project. Digitex Futures is a zero-fee, non-custodial futures exchange with its own base currency, the DGTX token. For details you better do some research on internet. But! Don't get late, because the exchange will be opened next week!
Before going into my analysis, I'm following this project from the beginnig(ICO). So I know the every bit of price movement, behaviour very well about this token. By the way this chart is not showing full price history. For the full price history you should check DGTX on coinmarketcap.
Going back to my analysis, it's obvious! You can easily see cup and handle formation. Left head of cup is showing ATH this token. And as you can see, correction is done. I think we are at the bottom of handle now. And crossing MA supporting my prediction. Like before did.
So, it's time to long!
I'm gonna support my prediction with some fundamental analysis:
1- There is no correlation between DGTX and Bitcoin. While BTC was falling, DGTX gave 32x profit from ATL to ATH. So any BTC price drop can't effect DGTX.
2- Treasury sale is closing to end.(You should check Digitex's website for details)
3- This token is utility token. So it have pretty much more than speculative shitcoins.
4- Exchange will be opened next week!
5- Futures exchange without commision. THIS IS REVOLUTION!
Firstly I want to introduce this project. Digitex Futures is a zero-fee, non-custodial futures exchange with its own base currency, the DGTX token. For details you better do some research on internet. But! Don't get late, because the exchange will be opened next week!
Before going into my analysis, I'm following this project from the beginnig(ICO). So I know the every bit of price movement, behaviour very well about this token. By the way this chart is not showing full price history. For the full price history you should check DGTX on coinmarketcap.
Going back to my analysis, it's obvious! You can easily see cup and handle formation. Left head of cup is showing ATH this token. And as you can see, correction is done. I think we are at the bottom of handle now. And crossing MA supporting my prediction. Like before did.
So, it's time to long!
I'm gonna support my prediction with some fundamental analysis:
1- There is no correlation between DGTX and Bitcoin. While BTC was falling, DGTX gave 32x profit from ATL to ATH. So any BTC price drop can't effect DGTX.
2- Treasury sale is closing to end.(You should check Digitex's website for details)
3- This token is utility token. So it have pretty much more than speculative shitcoins.
4- Exchange will be opened next week!
5- Futures exchange without commision. THIS IS REVOLUTION!