Dbgbtc
DGB/BTC 4h BittrexAfter our successful last trade DGB is falling back to the green uptrend line.
If this holds we might be in for another leg up.
Buyzone is around the Blue and Green supportlines within the Yellow circle. (218 sats or lower)
Look for a reversal signal first!!
-Invalidated if: Green support breaks.
-Stop Loss: just under the support line.
-Take profit: 250 and 315 resistance or hodl.
(If green trend line breaks, look for the other scenarios in blue and red)
My charts are my own and for personal use.
This is in no way, shape or form financial advice.
If you like my content, please support with thumbs up, comment, subscribe or share.
Thanks to all, good luck!
DGB accumulation rangeDGB/ BTC pair is in the accumulation range. Currently, it is at the wave C of the ABC correction. Based on the retracement length of wave A, the wave C can go as low as 68 satoshi, and in best case scenario, support can be found around 80 satoshi.
Long bids in the area of 68-80 satoshi, with a stop loss right below
Good luck!
Possible Next move of DGB (%20 Short, %50 Long Profit)In my opinion, if constriction of the volume continue, DGB wants to move next FIB level.
First Target : 0.00000650 sats
DGB Entry Long R:R 4:1DGB has broken the downtrend. Entering when next fib resistance is broken. Target low 200s. Partial profits can be taken at each Fib to reduce risk. Alternatively, you could move your stop up after each fib is broken to protect profits.