Short
DGB BTC retracement to 61.8% fibs then breakout?!
Hello Lads and Ladies,
DGB follows right now it's natural pattern. From a bigger scale upwards movement it respects the fib retracement and resistance lines. Therefore, I see it coming down at least to the 50% which would be 386 stats and it haas high possibility to hit the 61.8% line at 355 stats. Right now if you are in, I would sell of a chunk at the next touch of the resistance line what would be here 458ish sats. Then rebuy at fibs 30% at 418 40% at 386 and 20% at 355.
First sell of would be at 458 and the second target at 500 then 540.
Cheers, Tomas
DGB follows right now it's natural pattern. From a bigger scale upwards movement it respects the fib retracement and resistance lines. Therefore, I see it coming down at least to the 50% which would be 386 stats and it haas high possibility to hit the 61.8% line at 355 stats. Right now if you are in, I would sell of a chunk at the next touch of the resistance line what would be here 458ish sats. Then rebuy at fibs 30% at 418 40% at 386 and 20% at 355.
First sell of would be at 458 and the second target at 500 then 540.
Cheers, Tomas
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