paaax

DGB opportunities daily

Long
POLONIEX:DGBBTC   None
As you can see I drew a fibonacci retracement from the lowest low to the highest high, trying to find the sweet spot for my entry point. Both MACD and RSI are not sending any signal to rush for a quick buy.

So lean back, relax and wait until the chart drops below the first resistence level at 0.00000077 (yellow rectangle ) based on the fibonacci retracement (0.382). See if the chart also drops below the resistence at 0.00000073, which was the lowest point of the current downtrend. If it does, the organe rectangle would be a good area to place your entry. If it doesn't the yellow rectangle would be a good spot.

http://www.pascal-simon.de - Custom indicator development