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Skyrex
Jun 7, 2018 7:26 PM

DGBBTC Great fundamentals and possible breakout Long

DigiByte / BitcoinBittrex

Description

It is a perfect moment to buy this coin cheap. Technical and Fundamental analysis are great.

DGB is in the triangle now it is going to break from it up or down around June 14th. However we forecast that the price will move upward as there are two great fundamental motives.
- Hard Fork on June 21st
- New Exchange Listing on June 30th

Systematic and specific risks are medium. It is a mid term trading recommendation. Buy in the suggested zone sell closer to the dates of events.

Trade active

Significant volume increase due to mentioned fundamentals helped the price to breakout of the triangle much earlier. The coin heads to our targets

Actions to take: fix profit now as the price will move into the triangle again, then buy again and sell closer to events’ dates

Trade closed: target reached

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