$DBC Weekly Doji at 0.786. Weekly CCI never crossed below zero showing bulls still have a slight edge. OBV Still looking good; definetly want to see that support hold. Overall good swing trade set up; $DBC looking good for another run.
#DBC is now at critical support level, MACD on the 4 hour is curved upwards, and RSI is within normal level.
although 5th wave offers potential estimate of 400% in growth, only time will tell, when and how #DBC will get there.
Clear 1,2,3 wave formation according to EW theory
Currently consolidating in an ABCDE (4th wave)
buy 88-90 sats
sell 150-170 sats (long) = 5th EW wave
Not Financial advise
Set stops anything below the top of the 3rd wave
Be AWARE of trading inside the ABCDE
accept donations in DBC.
DBC has a massive rise last week, bringing back interest into the market. DBC has much news coming into April. That, coupled with a good TA set up, we will see DBC make significant moves.
Reasons DBC will rise.
1. Inverted head and shoulders on the 4HR (unconfirmed but possible)
2. Inverted head and shoulders on the 45min (Confirmed)
3. Upward trending support...