DLavrov

DigiByte Bullish Divergence

Long
POLONIEX:DGBBTC   None
Based on the daily chart we have a buy opportunity. Possible upward movement is confirmed by RSI reversal in the oversold zone and MACD histogram. We can use lower time frame for getting a better entry level. If we look at the 4H chart, we can see a bullish divergence at the support level. It gives us a trend reversal signal. MACD supports upward movement. DMI allows opening long trades. We can place pending orders for buy at 0.00000220 level with stop orders at 0.00000150 level. Profit targets are 0.00000300 and 0.00000450 levels. Also the part of long positions can be left for long run

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