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jbutler7
Jul 3, 2018 4:12 AM

A short term DGB analysis Short

Description

What a great day it has been. We're not out of the woods yet IMO. But things are looking swell.
I see confluence with resistance levels that we recently broke through (green line, intersecting with fib level.) A close above that would be somewhat bullish if you ask me, as we re-enter the rising wedge shape. I don't foresee much consolidation given the bull volume on the last few candles that we have seen. But it will consolidate, as we are overbought on the 4h. However, I as a holder I like to zoom out to the daily and weekly preferably, where I can still see much more room for upside before consolidating.

Also, I follow DGBAT on twitter. One of their members made a comment that led me to believe native wallets will be enabled on Abra's mobile app, which would be killer!
Link to tweet: twitter.com/RudyBouwman/status/1013869849322446850
That is my opinion, speculation, whatever, but it sounds good whatever it is! DGB's voice is being heard.
Comments
RDDgz99
Thanks for this good news about DGB. Checked the tweet, looks ok. Let's check more news about this wallet!
jbutler7
@RDDgz99, Let's hope so! I am not sure, as it is only my speculative, hopeful opinion thus far.
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