DGB ready for 300% explosion?
The market has been exploding everywhere today.
Was scanning through some charts and stumbled on DGB/USDT
Full disclosure I'm not in DGB and this is the first time looking at the chart....
BUT
This coin looks primed to explode.
If it can break out of this triangle it can hit .20 which is nice. On the macro though a move out of this triangle would likely pull it out of a larger wedge it has been forming and should be the start of it's move to .57!
Nearly 300%... Those are real gains right there.
DYOR on the coin though.
Coinmarketcap shows a market cap of 3B and is ranked #65. So relatively good market cap size and more established looking coin.
A trade set up is there. Used a real tight stop loss as a break below the triangle would not be good.
Let me know what you think!
DGBUSDT
Was scanning through some charts and stumbled on DGB/USDT
Full disclosure I'm not in DGB and this is the first time looking at the chart....
BUT
This coin looks primed to explode.
If it can break out of this triangle it can hit .20 which is nice. On the macro though a move out of this triangle would likely pull it out of a larger wedge it has been forming and should be the start of it's move to .57!
Nearly 300%... Those are real gains right there.
DYOR on the coin though.
Coinmarketcap shows a market cap of 3B and is ranked #65. So relatively good market cap size and more established looking coin.
A trade set up is there. Used a real tight stop loss as a break below the triangle would not be good.
Let me know what you think!
DGBUSDT
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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.
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.