Hey,
DGB is standing on a very old and strong support at 273. Hopefully, it will have a bounce from here. Yet, due to the lack of volume and volatile BTC, it is not really likely. Therefore, I think that the BTC may swing below till 248 satoshi which is 0.786 Fib.
Additionally, RSI has not been this low since 2017.11.01 and this increases the possibility of a bounce.
Looking forward to your comments since I am still at the beginning of BTC path.
Thanks
DGB is standing on a very old and strong support at 273. Hopefully, it will have a bounce from here. Yet, due to the lack of volume and volatile BTC, it is not really likely. Therefore, I think that the BTC may swing below till 248 satoshi which is 0.786 Fib.
Additionally, RSI has not been this low since 2017.11.01 and this increases the possibility of a bounce.
Looking forward to your comments since I am still at the beginning of BTC path.
Thanks
Trade active
Trade active
There is a really good volume increase.
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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.