DGBBTC Recovery trend
Heading into the 3rd wave up from the harsh correction.
My optimism always comes out in the charts it seems.
This wave will test the 796 resistance line with potential tall shadows to 825. 20% - 30% rise
(We could see resistance from the Red Cloud at the 721 level which would be supported then again at the 676 support)
Quick correction back to the 722 long term trend line and cloud support. 10% correction
Then on the test the previous high and long term resistance at 868 with tall shadows to 895. 20% - 30% rise
I AM NOT AN EXPERT. Still learning.
Let me know what you like and don't.
Can get a little busy. I am working on a simpler long term template.
My optimism always comes out in the charts it seems.
This wave will test the 796 resistance line with potential tall shadows to 825. 20% - 30% rise
(We could see resistance from the Red Cloud at the 721 level which would be supported then again at the 676 support)
Quick correction back to the 722 long term trend line and cloud support. 10% correction
Then on the test the previous high and long term resistance at 868 with tall shadows to 895. 20% - 30% rise
I AM NOT AN EXPERT. Still learning.
Let me know what you like and don't.
Can get a little busy. I am working on a simpler long term template.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.