rasnek

DGB break out trade

Long
rasnek Updated   
BINANCE:DGBUSDT   DGB / TetherUS
Break-out long trade for DGBUSDT.
Enter : $0.075 when supply line has been broken ( and confirmed support)
Keep in mind there is a possibility price could come down first to the demand line around $0.055 and make a higher low, if that is the case entry should be around that area with the stop loss below D

Stop loss: $0.0625, below last low

TP1 : $0.01230 (0.786 B-D)
TP2 : $0.0156 (0.786 C-D)

(TP3 : between ATH and $0.25)

Risk warning, volatility is rising so make sure you put in a stop loss.
No FA DYOR
Comment:
For those following, I've just entered a long position at $0.60
with Stop loss below D at $0.49 and first TP at B $0.96
Other targets stay the same.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.