Digibyte Technical Analysis - Strong Support + OVERSOLD!
Updated
Goodnight traders!
Hope you are all doing fine!
I bring you here a coin that a hold long term, with still very high profits possible in the next bull run! If you dont know Digibyte go check it out!
Now lets talk about my daily trade,
We are looking at the 2HR chart of DGB, price is currently oversold, not only on the 2hr but with RSI 30 on the 4hr, so we can expect it to go up any moment!
Still dont forget that BTC is falling and that can take us even more down! But not too much :)
Buy zone is around my grey box, and sell/take profit zones are the green boxes on the Chart!
These are my first months sharing my knowledge with you guys, and all the support is welcome! I hope you like my work!
If you like my posts dont forget to leave a BIG like ;)
I will update this soon, when i reach 3 likes,
Mr.TTT
Hope you are all doing fine!
I bring you here a coin that a hold long term, with still very high profits possible in the next bull run! If you dont know Digibyte go check it out!
Now lets talk about my daily trade,
We are looking at the 2HR chart of DGB, price is currently oversold, not only on the 2hr but with RSI 30 on the 4hr, so we can expect it to go up any moment!
Still dont forget that BTC is falling and that can take us even more down! But not too much :)
Buy zone is around my grey box, and sell/take profit zones are the green boxes on the Chart!
These are my first months sharing my knowledge with you guys, and all the support is welcome! I hope you like my work!
If you like my posts dont forget to leave a BIG like ;)
I will update this soon, when i reach 3 likes,
Mr.TTT
Note
Buy zone invalidated!We now wait for BTC to reach support zone..
I will update this trade soon!
Note
RSI on 4hr chart is oversold now (28.6)...Maybe the 0.5 FIB support will hold.. A trade could be entered soon!
Note
Feel free to enter the trade now! Lets see how much profit we can make :DNote
DGB already moving!Note
While every coin is down, i still made a small profit last night!Did you enter the trade?
:D
Note
Now we should retest the Support zone!Trades shouldnt be entered now.
Note
Digibyte showing strengh and continues up! Target 1 is the 1st green box, lets go!
Trade closed: target reached
1st Target hit in less than 24h !! Nice trade!Did you enter?
Follow me for more trades like this guys!
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