DGB broke over its downtrend resistance and now is fighting a resistance at 400. If it breaks over this we've got a 40% run to the top of the triangle. If it breaks, we drop about 4.5% to the next support. Great R/ROn the 1D things looks great as we're at the bottom of the triangle which has been a long term support since Dec. 2017.
On the 3 Day the Ichimoku cloud has thinned out dramatically.
On the 1 Week we have a Bullish TK Cross
Overall I am bullish on $DGB. If we can break the resistance at 400 sats, I expect us a run hard to the top of the triangle. If the support here breaks, it is only about -4.5% to the next support.
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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.