140 days downtrend breakout
Digibyte broke 140 days downtrend and now is fighting to break the strongest resistance, U$0,032.
We need more volume to break it.
The second resistance (U$0,037) isn't too dificult to break.
Daily candle closing above to U$0,034 will put Digibyte to mega bullish phase (best moment to entry).
Ps: If bitcoin corrects strongly, the price of altcoins will fall.
We need more volume to break it.
The second resistance (U$0,037) isn't too dificult to break.
Daily candle closing above to U$0,034 will put Digibyte to mega bullish phase (best moment to entry).
Ps: If bitcoin corrects strongly, the price of altcoins will fall.
Note
As I said above, the price of BTC has corrected and ALTS has fallen.U$0,032 = VERY STRONG resistance, but was touched 6 times.
As I said above, daily candle closing above to U$0,034 will put Digibyte to mega bullish phase (best moment to entry), because we will have a very strong support at U$0,032 level.
Note
Digibyte retested the downtrend line and holded above (good signal)VERY strong resistance at U$0.032.
Digibyte will need a large volume to break this resistance.
Daily candle closing above to U$0,034 will put Digibyte to mega bullish phase (best moment to entry).
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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.