DGD/BTC Going down? - Reversal pattern & declining volume Short

Description

⋅ Feb 24, 2018 8:54 PM

Chart is clear, we should see DGD touching or getting close to the support trend line in the coming days.

Order cancelled

⋅ Mar 2, 2018 4:27 AM

Fundamentals, whatever they are that make DGD go in the opposite direction of BTC played here. This idea failed and is now closed.

Trend Analysis Harmonic Patterns

Comments

trenncost

⋅ Feb 24, 2018 10:24 PM

How about testing the upper ine of the trend channel at around 36000 first? Anyway it depends on BTC. If BTC goes up, DGD goes down and vice versa.

davec83

⋅ Feb 24, 2018 10:38 PM

@trenncost, declining volume and a potential reversal pattern are good enough for me, it's simply an idea, I'm not currently trading DGD. But you could be right!