Dippy

Mild capitulation coming

Long
POLONIEX:DGBBTC   None
i don't expect much of a bounce up. We should be staying within GANN for a few more days. We could see the short bounce reach 536 sats on a retest shortly after that a quick run back down to 444. If not for the capitulation that tells me we want to go up, the 50ma, 100ma, and below our .5 FIB, our next obvious drop will bring us to 379 pretty quick. That 379 area is a little stronger since we also cross trend, FIB, and GANN all at once. That should create a small bounce for a few %% but not much. If you'er on Kucoin I'd start an exit plan, anywhere else you'd be wise to set your stops now and come back to it in about a week. This entire run was due to DX entry and created a false over pricing (that's code for P&D but much slower and controlled).
I'm a huge fan of DGB and believe it has great future potential. I'm also not a complete idiot. If I see a window to short the market and come back in a few days for more sats I'm all in for it. Be safe, be smart.
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