I'm waiting for Digi to pull back to the bottom of the channel after this test of the 50 Day MA...Once we hit the bottom of the channel we could see a nice launch to the upside
After our successful last trade DGB is falling back to the green uptrend line.
If this holds we might be in for another leg up.
Buyzone is around the Blue and Green supportlines within the Yellow circle. (218 sats or lower)
Look for a reversal signal first!!
-Invalidated if: Green support breaks.
-Stop Loss: just under the support line.
-Take profit: 250 and...
DGB/ BTC pair is in the accumulation range. Currently, it is at the wave C of the ABC correction. Based on the retracement length of wave A, the wave C can go as low as 68 satoshi, and in best case scenario, support can be found around 80 satoshi.
Long bids in the area of 68-80 satoshi, with a stop loss right below
Good luck!
DGB has broken the downtrend. Entering when next fib resistance is broken. Target low 200s. Partial profits can be taken at each Fib to reduce risk. Alternatively, you could move your stop up after each fib is broken to protect profits.
