DGB hits white channels full brkout target; teal channel next
Updated
Digibyte finally breaks out of the white channel and then quickly hits the full breakout target. Now it is attempting to break above the teal channel and fiip its top trendline to support to trigger that breakout as well. Once it does, the breaout target is around 2 cents which from here would be about another 60% gains. Not sure how quickly digibyte will pull this off it could definitely consolidate for a few before it does so or it could continue. Current momentum and keep pumping. *not financial advice*
Note
It seems to be acting very similar to the uniswap chart.Note
Starting to look like it should confirm the breakout of the larger teal double bottom pattern here.Note
Digibyte just keeps plugging away. No quit in it. Proud of this little fella.Note
We can see the candlesticks are still climbing up the dotted teal line like a staircase even though we just got a gauge bear wick on the previous candle. The dotted green trendline for the fallingwedge/descending triangle hybrid breakout will actually get hit before the teal channels target will but they will very likely get hit very close to the same time when they do.Note
final target hit! All targets have now been hit!
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.