Is Diamond coin (DMD) going for the W(WIN)?

canis7lupus (39)in #cryptocurrency • 5 years ago

After Diamond coins serious outbreak after hitting a new bottom it holds up steady and is currently creating a W formation which usualy is refered too as a WINNER formation.

I will only write about the Situation on Bittrex, becouse its the biggest exchange trading Diamond coin.

Serious support of 0.8900 BTC buy order kicks in at 0.00008030 Satoshis.
If we would put that single order into buying right now we would reach 0.00015900 Satoshis, which means we are very close to have doubled in price.

DMD is a very low Market cap coin, resulting it to extreme outbrakes after the resistance is overcome.

Looking at the current lines, it is VERY likely that we will get past the resistance line, resulting in a massive outbreake.
Some bears have stacked up on DMD since May 11 and will have much steam behind them to very well bring DMD to new ATHs!!!

As we can see the real ATHs where around 0.00320000 Satoshis even tho DMD did move beyond 0.011 Sathosis, which is possible becouse of its very low coin supply of only 3.247.256 DMD in current supply.