BITTREX:DGBBTC   DigiByte / Bitcoin
This may touch the cloud again before going up more.
This is possible wave 2 of Elliot Wave

Targets are old support and resistance areas that also match some fib zones.
First target is touching 3d Ichimoku Cloud .

Weekly Stoch RSI still looks good
Jan 03
Comment: This is an update for
Jan 03
Comment: And an update for
Jan 04
Comment: It broke the 3h cloud and currently trading above it. May retest the cloud area.
Jan 08
Comment: First target reached
Jan 15
Comment: Will add more to the original position from 0.000004. It seems that it's preparing for next wave. It still has momentum but seems to enter 3d cloud.

I'll also look to set a break even in case the move fails.
Jan 25
Comment: On the low timeframes(1h), it seems that we have completed another elliot wave set.

Also, on 1d it seems that we are currently consolidating and we may head to suppotr clouds.
Stoch RSI has reset and if we have enough power, we can break through 3d resistance cloud.

If we spike through 3d cloud, we may retest the cloud and after that go for a new wave(5)
Jan 30
Trade closed manually: Reason sent in channel.

Comments

Thanks for the update. Can you provide some explanation on what the updates are for? WIll help a person not grounded in TA.
Reply
WealthMurphy sundayfunday2004
@sundayfunday2004, basically as market makes the moves, the data changes. Based on market changes we can reinforce or invalidate a trade, this giving us a better return of investment and/or protecting against loss.
Hope I understood your question and I've answered what you've asked :).
Good luck with your trades.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out