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Weekly
Looking at our trend timeframe we see price continuing to respect it’s downtrend, recently rejected at 400 satoshis. DGB now looking for support, momentum in favor of bears. Expecting a drop towards 200, where we’ll be looking for a double bottom formation.
Daily
Shifting over to our pattern timeframe we see DGB at a critical point, with yesterday’s candle left indecisive. Today’s open 372 with a high of 380 an a low of 359. Stochastic RSI showing momentum in favor of bears, a daily close above 375 and expect a push towards the upside, however if rejected and we see a daily close below 360 expect a sell off.
Conclusion
- Buy: After Daily Close Above 375
- Sell: Por Que
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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
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