ForecastCity
Long

There is a possibility for the beginning of an uptrend in DGBETH

BITTREX:DGBETH   DigiByte / Ethereum
Technical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004050 to 0.0000360). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00004050)
Ending of entry zone (0.0000360)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000460
TP2= @ 0.0000530
TP3= @ 0.0000604
TP4= @ 0.0000767
TP5= @ 0.0000899
TP6= @ 0.0001031
TP7= @ 0.0001219
TP8= @ 0.0001459
TP9= Free
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Comments

Lovely analysis, think this could be a goer!
+3 Reply
ForecastCity Alexander_007
@Alexander_007, Thanks for your nice comment.
Reply
Keep This on my Radar This Week, Thanks a lot!
+2 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, You got it.
Reply
I agree with your idea about the beginning of an uptrend in DGBET.
+1 Reply
@fxniki, Thanks for sharing your point of view about this post.
Reply
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