DGBUSD - Mom! The Meatloaf!
What's up ladies and gents, let's take a quick look at DGBUSD on the 4hr charts.
We witnessed the Death Cross on the SMA50 & SMA200 back on January 20th and DGB took quite the beating. Fast forward to today and we're still in a downtrend. I am currently long of DGB and looking to pack the bags once we get the Golden Cross indication and the 50SMA crosses back over the 200SMA.
As I am writing this, we're seeing DGB testing Fib retracement on 0.028. If this support level doesn't hold, we'll see .021 looks like the next stop below. Keep watch and hit the thumbs up on the corner for us! More TA to come.
Cheers!
We witnessed the Death Cross on the SMA50 & SMA200 back on January 20th and DGB took quite the beating. Fast forward to today and we're still in a downtrend. I am currently long of DGB and looking to pack the bags once we get the Golden Cross indication and the 50SMA crosses back over the 200SMA.
As I am writing this, we're seeing DGB testing Fib retracement on 0.028. If this support level doesn't hold, we'll see .021 looks like the next stop below. Keep watch and hit the thumbs up on the corner for us! More TA to come.
Cheers!
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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.
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.