WgrCryptoGuy

Bullish Flag Formation (4h chart)

Long
WgrCryptoGuy Updated   
BITTREX:DGBBTC   DigiByte / Bitcoin
As I said in my preview post, "we have a possibility of bullish flag formation, if DGB breaks below 210 (under pennant), but hold above red/orange line."

Now, we have a bullish flag formation.

If candle close above 215, DGB will turn bullish.
If candle close under 185, DGB will turn bearish.

Support at 190 (EMA 200 + flag bottom).

EMA 50 / 200 didn't cross (very bullish signal).

Very strong resistance RSI at 60, DGB will need a large volume to break that level.

I hope you enjoy this update.
Comment:
1 - As I said in my preview update, Digibyte is walking inside the bullish flag
2 - If candle close above 210 sats, DGB will turn bullish
3 - If candle close under 180 sats, DGB will turn bearish
4 - Support at 185 sats
I hope you enjoy this update!
Comment:
This chart still valid!

1 - If candle close above 205 sats, Digibyte will turn bullish
2 - If candle close under 185 sats, Digibyte will turn bearish
3 - Support at 185 sats

Cheers!
Comment:
This chart still valid!
We didn't seen any flag breakout.
1 - If candle close above 200 sats, Digibyte will turn bullish
2 - If candle close under 170 sats, Digibyte will turn bearish
Cheers!
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