This is a breakout waiting to happen. If the trend in green passes the resistance at the top of the cup (Place buy orders until 0.018$) we'll be headed to the next two resistance levels - take profit at 0.03$ and 0.06$
Clear support below the cup in blue - this is where you should put your stop loss($0.0065). I really doubt it'll make it here though.
Clear support below the cup in blue - this is where you should put your stop loss($0.0065). I really doubt it'll make it here though.
Comment:
Trade Active - Hold tight for $0.030
Comment:
We have broken the .786 FIB level and have had a slight retrace after doing so. Expect the .618 ($0.030) to come shortly after. This will be our first level for taking profit.
What I would do is place sell orders at $0.029 and place a STOP Buy at $0.032. What this does is ensures profit if we bounce hard from the first resistance and ensures that we still hold DGB if we start to make our way to $0.060.
The volume traded for this coin despite the surge today is generally very low. Therefore the volume and RSI at the next resistance level is critical for how high this rocket may go
What I would do is place sell orders at $0.029 and place a STOP Buy at $0.032. What this does is ensures profit if we bounce hard from the first resistance and ensures that we still hold DGB if we start to make our way to $0.060.
The volume traded for this coin despite the surge today is generally very low. Therefore the volume and RSI at the next resistance level is critical for how high this rocket may go