DGB forming a symmetrical Parallel Channel
Digibyte holded well in bottom of parallel channel, doing the same movement that I marked in red.
Buy zone: 200 - 215 sats
Target: 340 sats
Profit: 70%
MACD: ready to rise.
RSI: 40, ready to rise.
Stoch RSI: ready to rise.
Buy zone: 200 - 215 sats
Target: 340 sats
Profit: 70%
MACD: ready to rise.
RSI: 40, ready to rise.
Stoch RSI: ready to rise.
Trade active
Digibyte is fighting in resistance zone (light blue line - 240 sats).If we break this line, I'll wait for a good upward movement.
Note
Digibyte touched the buy zone: 210 sats.Holding well at support.
Parallel Channel still intact.
Note
Digibyte analysis of May 8 still on point.The bears tried to break down the parallel channel, but failed.
Target still the same: 340 sats
Note
Right now, Digibyte is moving as planned, very close to the arrow!Note
4 hour chart - UPDATE:My view remain the same as past tweets (since may 8).
Parallel Channel still intact!
Support at 215-220 sats.
Target: 340 sats.
Note: break under 210 will invalid parallel channel, turning into bearish. But now... Extremely bullish!
Order cancelled
I'll update just my last post. follow each other!
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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.