DigiByte Confirms Feb. Support (300%+ Potential)
Updated
Back in February DGBBTC (DigiByte) hit 46 satoshis and a long lower shadow.
Nothing came out of this candle (24-Feb.) and prices moved back down to retest this level.
4, 5, 6 and 7 March this same was tested again as support and holds...
We are now seeing a break above EMA10 and resistance being challenged. This signal tells us that this pair is trying to break up.
We have a very small cup pattern but the trading volume is still low.
Conclusion
Any trading above 46 satoshis (0.00000046) and the doors are open for a bullish wave to show up.
On the other hand, if this support level breaks, DGBBTC will chase after a new low.
You can find the targets with additional details on the chart.
Namaste.
Nothing came out of this candle (24-Feb.) and prices moved back down to retest this level.
4, 5, 6 and 7 March this same was tested again as support and holds...
We are now seeing a break above EMA10 and resistance being challenged. This signal tells us that this pair is trying to break up.
We have a very small cup pattern but the trading volume is still low.
Conclusion
Any trading above 46 satoshis (0.00000046) and the doors are open for a bullish wave to show up.
On the other hand, if this support level breaks, DGBBTC will chase after a new low.
You can find the targets with additional details on the chart.
Namaste.
Comment
+86% on this chart with more to come...
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