DGB wants to jump from the lower channel
Updated
DGB has finally started a new cycle and hasn't disappointed yet. After a nice jump out of the channel yesterday, DGB experienced some well deserved pull back to the 300 level. Now it's finding ground on the upper trendline of the lower channel it just jumped out of, which might be a good entry-point to jump on the DGB train. We wait for MA 20 und 50 to cross back again and for MACD to cross which might be a strong signals. If we fall down into the lower channel, I expect support at 250 sats.
Buy-In:
More Risk: 280-300 sats (S/L: 230)
Less Risk: 240-250 sats (S/L: 200)
Targets:
T1: 360 sats
T2: 420 sats
Let's have some DGB fun!
Buy-In:
More Risk: 280-300 sats (S/L: 230)
Less Risk: 240-250 sats (S/L: 200)
Targets:
T1: 360 sats
T2: 420 sats
Let's have some DGB fun!
Note
Keep your eyes on XVG since both trends seem to mirror each other!Trade active
Note
Our new setup mirrors the one before the last pump! Those to boxes only differ in scale, bute the pattern is the same:[img]
Note
Two new signals popping up: MACD Cross + MA 20 crossing the trendline. Last time, this was our starting point! Let's go!Note
[img]Note
We made a nice jump to MA 50, but then the BTC drop stopped further upward movement. DGB now dropped to the 0.382 fib which is the middle of the lower channel. We should find support here as long as BTC finds its ground at 12 k. Once this stabilisizes, we should continue the climb!Note
New signal: MACD crossed, MA 20 and now 50 crossed as well - let's give it another shot![img]
Note
Crucial moment here - we either get a pull back from the upper trendline of the lower channel, or a nice jump above!Note
And right when we got the perfect set up - again - there is a BTC drop - again! This might double bottom at 250 and then have another shot!Trade closed: target reached
Target 1 reached!
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.