dgb bottom?
Updated
taking a look at the volume profile, it looks like dgbbtc has found a stable floor at around 100 satoshis. based on the volume profile, the next level of resistance looks to be around the 350 satoshi level. if there is a breakout, this will be the resistance level to look out for, as it may become the stable price floor (hopefully). if the price of bitcoin doesn't fuck everything up, the increase in buy/sell volume in the past week may push the price up (hopefully no one is capitulating at this low of a price)
in any case, it looks like a nice time to buy this previously overhyped coin at a steep discount, and feel fairly secure in a stable price floor. expecting some returns in early/mid january.
in any case, it looks like a nice time to buy this previously overhyped coin at a steep discount, and feel fairly secure in a stable price floor. expecting some returns in early/mid january.
Trade active
great 55% moves today, from 117sats to 162sats. now testing the previous resistance as a support. if the support holds, expect the rally to hold for longer and begin testing the the 300 sats level.Trade active
haven't yet tested the 300 level, but making moves towards it. good luck folks.Comment
consolidating around the 180 level. if it breaks down much further, i may end the trade at a +50% profitTrade closed: target reached
closed at 100% gain. it has potential for more upside, but dgb is notoriously popular with new traders, who are prone to heavy dumps when things go badly.Disclaimer
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