BITTREX:DGBUSD   DigiByte / US Dollar
In my previous post you could see IF or WHEN DGB will repeat it self, now we follow the hourly trend downwards in the descending triangle .

RSI is weak, volume is weak... which could all result in a great buying opportunity! Buy 1 DGB and get 2!

BTC is the market leader, if that is weak... the rest is weak IMO . It appear BTC is testing the 5,9k - 6.0k range now, if it breaks... brace for impact due to the lack of underlaying volume .

That could result in us touching the orange buy box to stack up our pile of DGB .

Let's see what the weekend market wil bring us.

Trade SAFE and don't FOMO!

/M
Comment:

The bar is almost open guys! It appears to be weekend a bit earlier!

We busted through the .786 FIB gave a knock on the bar door and left... come on it is only Tuesday! Judging by the green line I was expecting a more controlled descending move down, not so violent as this. The red candles show the why! As seen on the RSI, that took a mayor hit. We might trade sideways here, but this is just the beginning.

Trade SAFE and don't FOMO!

/M
What about this?
Reply
kekekoolen kekekoolen
SORRY
It says inverted but its just a regular H&S ofcourse

Reply
markcantpark kekekoolen
@kekekoolen, I HOPE you are right! I don't think there is enough bullish sentiment at the moment.

If the mother BTC goes up f.or a 7K+ test, then we could see a rise yes. Otherwise I am still bracing for impact, there is simply low / no volume for such an uptrend
Reply
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