Long
DGB/BTC Fibonacci Extension
Digibyte is still good following FIB extension since it broke downtrend pattern DGB/
For now DGB try to break 0.78 Fib line to go throw 1 , 1.6 , 2.6 Fib line
according to that we can build our strategy as :
we can wait after confirmation by put pending order at 0.00000788 BTC
Targets :
1- 0.00000879 BTC
2- 0.00001205 BTC
3- 0.00001722 BTC
4- 0.00002268 BTC
Notes:
1- Each Fib level is a target , you can sell and re buy after slight pull back to increase your profit.
2- If cannot break 0.78 Fib we will face a slight pull back at 0.61 , 0.5 Fib which will be a good entry level.
3- As we compare two variables, we should put our eyes on BTC for expectant rally surge.
https://www.tradingview.com/x/ygLYyfqt/
Good luck
For now DGB try to break 0.78 Fib line to go throw 1 , 1.6 , 2.6 Fib line
according to that we can build our strategy as :
we can wait after confirmation by put pending order at 0.00000788 BTC
Targets :
1- 0.00000879 BTC
2- 0.00001205 BTC
3- 0.00001722 BTC
4- 0.00002268 BTC
Notes:
1- Each Fib level is a target , you can sell and re buy after slight pull back to increase your profit.
2- If cannot break 0.78 Fib we will face a slight pull back at 0.61 , 0.5 Fib which will be a good entry level.
3- As we compare two variables, we should put our eyes on BTC for expectant rally surge.
https://www.tradingview.com/x/ygLYyfqt/
Good luck
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.