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moon333
Aug 28, 2021 1:42 PM

DigiByte (DGB) formed big Gartley for huge bullish move Long

DGB / BitcoinBinance

Description

Hi dear friends, hope you are well and welcome to the new trade setup of DigiByte (DGB) with Bitcoin pairt.
The previous chart of DGB with USD pair is still going good and will hit the sell targets soon.


Now this time on the monthly time frame chart with BTC pair, DGB has formed a huge Gartley pattern.


Buy and sell targets:
Buy between: 0.00000109 to 0.00000080 btc (because at 0.00000080 we have a very nice support)

Sell between: 0.00000189 to 0.00000273 btc


Stop loss:
The maximum extent of buying zone 0.00000080 btc can be used as stop loss. because at 0.00000080 we have a very nice support.


Possible profit and loss ratio:
As per the above targets, this trade has a small profit possibility of up to 240%, and loss possibility is only 27 %, therefore it is a very low risk and high reward trade setup.

Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Comments
Mihai_Iacob
Thanks for the heads up
Crypto-Boffin7
Great idea. The current price is 136 sats. When do you think we shud enter the trade? The buy ranges are 80-109 sats according to you.
PS36
Now sitting at 80 or below 78-79, what is your thought for current position now
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