Bullish downward wedge. Expect a breakout towards the upside. DGD has been known to have huge gain potential. Expect a large breakout between the two dotted lines, which is when moving average trends are expected to fluctuate. There's always a possibility that we can have a breakout but then the trend line will act as a support before the bounce upward.
Comment:
We've broken out of the wedge towards the upside and are seeing a pull back. Wait for the bounce. My guess is that it will happen within 3-7hrs.
Trade active:
Great bounce off the trend line. We've still got a long way to go. It might be a bumpy ride but my target is around the 41500 satoshi range over the next week.