We look to have a strong set up for a massive move in the cryptocurrency DGD. Looking at the 3 minute chart you can see we are at the top of a channel and are looking for a break to the downside. I am expecting this move to end near the $330 range which will be a strong entry point for massive upside potential.
As we move out to the 15 minute chart, you can see we are trading within an expanding flat and we would expect that move to come up to test/ break through the upper resistance line.
The final view we will look at is the 1 hour chart. Here we should see DGD break through the expanding flat and test the upper resistance line around $440 range. This could be a massive move where you could gain upwards of 25% within a couple days. Keep a watchful eye on this and place your stops as the trade progresses.
