DragonChain (DRGN) has Completed a Bull Wick and Next Likely is a Bull Flag
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SUMMARY
DragonChain (DRGN/USD) shows a completed downward wedge as shown below with five wave impulse down and a bull wick piercing of the bottom support line. Price has since then breached above and has started a minor correction.
Closer examination of the Elliott Subwaves shows that an impulse allowed the breach out of the triangle confinement and the red abc correction is likely. The white parallel lines highlight a bull flag potential and this could provide the second round of impulse workings upward.
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good post
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I am a new comer in blockchain world. I am studying about cryptocurrency. Thanks for your valuable thinking about dragonchain currency.
Hey thanks but this time the BTC itself looking so bullish and keeps relying on support do you think it would be wise to go in favor of DRGN right now?
thank you very helpful information
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Make sure you downvote all of @Haejin's scammy post!!!
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I've been interested in dragonchain for awhile now. Would have liked to buy it around $.05, but everything else was on sale at the same time!