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Cryptonite_trader
May 24, 2019 8:17 AM

DRGNBTC Long

Description

Looking at Dragon on the daily

* Willy is stupidly over sold and also making a nice bullish divergence
* Histogram looking ok break up past the 0 line (Would like to see some more structure in the histogram)
* OBV looking healthy and confirming a nice bullish div
* Price double bottom on the 4H chart but would like to see something more solid.
* Price could potentially run up into resistance at the 618 and 786 fibs which also lines up with the POC
I will be placing a tight stop loss

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Comments
UnknownUnicorn1036681
Very nice analysis, a true pro! Easy to understand and follow.
Cryptonite_trader
@Humanji, thank you. I try to simplify is as much as possible
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