AdamYoung

DGB about to end impulse phase - Good short-term buy

Long
AdamYoung Updated   
POLONIEX:DGBBTC   None
Nice triangle formed, with strong support around 445 satoshis. We can see that it has bounced from here during the previous cycle.
In 5th wave of current cycle, looking to enter corrective phase in the next day or so.
Short-term average is starting to curl over as the downtrend comes to an end.
This should see a return to 615-740 satoshis depending on volume.
Next cycle will then begin.
Comment:
Looks like point E of the impulse wave landed a little higher than expected. Now forming first wave of corrective phase.
Once complete, should dip a little before heading towards target area.
Comment:
Livestream with Digibyte ambassador Josiah Spackman at 11pm tonight (GMT).
Could see some action during the run-in.
Chart looks good so far.

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