DigixDAO/BTC - Correction highly possible
Bitcoin is about to cross downtrend line from 19k hence is about to long term trend reversal. There is reverse dependence between DGD and Bitcoin prices as we can notice in historical charts, which can be confirmed in current drop from impulse move of DGD. Drop below the high of wave 3 (0.044 BTC) should confirm ABC correction and should fall to at least 50% fibo which is very close to the high from February 8th.
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My Twitter Account: twitter.com/Crypto_Investor
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We are group of mostly Polish traders but welcome everyone to join our Discord crypto&fx group: ChartInsiders.com
- discord.gg/dWaU2rS
My Twitter Account: twitter.com/Crypto_Investor
- discord.gg/dWaU2rS
My Twitter Account: twitter.com/Crypto_Investor
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.