DigiByte (DGB-BTC) LONG TRADING IDEA - Technical analysis
Seems like DGB could have the potential for a big up move, is been oversold on 2 indicators on the daily chart, it also have formed a nice bottom pattern, it could reverse and start a new uptrend of a month or so, destination the upper side of the descending channel formed above. Low volume on the last weeks has dropped the price of this coin lower, but this seems like a great price to buy in order to anticipate the recovery, aif not would be easy to spot soon as is get down to the support levels of 300 sat a possible descending continuation, set your stop loss accordingly.
Entries at around 350 satoshi long with targets at 450 sat and 530 sat.
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Happy trading days
C-Monkeys
Entries at around 350 satoshi long with targets at 450 sat and 530 sat.
Hope this will inspire some new ideas, don't forget to hit the like/follow button if you feel like this post was helpful, that's the best way to support us and our work.
Happy trading days
C-Monkeys
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