Digibyte DGB short term forecast | -30% to -75% drop
Updated
Before we enter the long term bullrun I see a retrace incoming not to far away from now. I did mention that in me previous post. If the green 0.618 holds we see a 30% drop in price for the accumulation zone but if that fails, depending of what BTC is going to do, this level could not hold and could we see a further downward move to -75%. Be aware of that possibility!
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Trendline has broken. Wait for the hook to form and we can see the move downwards.Note
We're nearing the bottom of accumulation zone 1 (the green 0.618) , so we will soon see if it holds.Note
Right at the bottom of accumulation zone 1... are we entering zone 2..?Note
We saw a clear break through the floor of accumulation zone 1 and a break/hook in the 2nd accumulation zone what can be become a future left shoulder for an inverse H&S reversal pattern. Its now time for the final swing down towards the bottom of this 2nd zone for a potential head what might be the bottom.
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