HarryTr

Wait or laddering at 0.786 for short

Short
BINANCE:DGDBTC   None
I used the Triangle Patterns to analyse the bearish trend as it has broken below 0.03300. I would think the market is heading to its further correction to the next Fib level of 0.786. I might just wait so track on the trade volume and market response to the trend or ladder my short position down to 0.786. The overall market outlook is still very bearish in the next coming weeks or months should i say, I would target at the previous resistance level (0.052 to 0.057) for long position if trading for short term profits.

DISCLAIMER: I am not a professional technical analyst and this is just my opinion on DGD, this should not be used as trading advice.
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