Digibyte - Looks Great on the Daily
Updated
(Sign up for Binance in my signature below. Fees are 0.05% instead of 0.25% on Bittrex. Too bad DGB isn't listed there yet)
Another coin I know nothing about but a friend asked me to take a look at it and I love the price action on the daily.
Long term downtrend broken out. Daily giant red Kumo has been broken through, but price bounced off the 0.786 Fib at 630 sats and has since pulled back to retest Kumo resistance and Kijun at 365 sats.
Long Trade
Entry: ~470-485 Sats
Target: ~1050 Sats
STOP: 309 Sats
Risk-to-Reward: 4.0
DGB could do better than this when it breaks out, but in the meantime, it's good to have a conservative target that leads to excellent gains.
==
Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party
dafoh.org/petition-to-the-united-nations
Another coin I know nothing about but a friend asked me to take a look at it and I love the price action on the daily.
Long term downtrend broken out. Daily giant red Kumo has been broken through, but price bounced off the 0.786 Fib at 630 sats and has since pulled back to retest Kumo resistance and Kijun at 365 sats.
Long Trade
Entry: ~470-485 Sats
Target: ~1050 Sats
STOP: 309 Sats
Risk-to-Reward: 4.0
DGB could do better than this when it breaks out, but in the meantime, it's good to have a conservative target that leads to excellent gains.
==
Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party
dafoh.org/petition-to-the-united-nations
Note
Breakout comes early. Makes the 475 sat range feel pretty comfortable as an entry. Note
Although I still cautiously am bullish and expecting recovery on alts, this is the difficulty in trading them. BTC comes along like Kool-Aid man and MMs take masterful advantage of it.
Someone bought those all the way down, you know?
Trade active
Some nice recovery and finally a bounce. Let's see if DGB can pretend its TRX/XRP/XLM and go completely apeshit.
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.