Updated
DGDBTC - Large Wedge Formation... this coin likes big impulses
Bullish downward wedge. Expect a breakout towards the upside. DGD has been known to have huge gain potential. Expect a large breakout between the two dotted lines, which is when moving average trends are expected to fluctuate. There's always a possibility that we can have a breakout but then the trend line will act as a support before the bounce upward.
Note
We've broken out of the wedge towards the upside and are seeing a pull back. Wait for the bounce. My guess is that it will happen within 3-7hrs.Trade active
Great bounce off the trend line. We've still got a long way to go. It might be a bumpy ride but my target is around the 41500 satoshi range over the next week.
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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.