...because it could be big. RSI bottomed out 5-6 days ago and shows rise. MACD looks sweet on a 4hr chart.
I'm watching DGB close for the next 24-48 hours. If it breaks and closes above the downtrend line, I expect it to meet resistance at 620. If it breaks this, I'm looking for it to go to 750-ish before a slight consolidation or retrace. Possible upper boundary sat level could be 1000-1200, but its going to meet a few resistances on the way up. I don't give specific buy/sell targets but I would recommend scaling your sells upward at the fib levels if it increases. Obviously watch BTC because it can derail everything else.
These are not buy/sell projections, just my analysis.
I'm watching DGB close for the next 24-48 hours. If it breaks and closes above the downtrend line, I expect it to meet resistance at 620. If it breaks this, I'm looking for it to go to 750-ish before a slight consolidation or retrace. Possible upper boundary sat level could be 1000-1200, but its going to meet a few resistances on the way up. I don't give specific buy/sell targets but I would recommend scaling your sells upward at the fib levels if it increases. Obviously watch BTC because it can derail everything else.
These are not buy/sell projections, just my analysis.
Comment:
Looks good. If it hits and closes above the .236 fib at 535 we can confirm rise
Comment:
BTC holding DGB and other alts back, but I'm not worried yet. Original TA still stands