TradingOn

DGB/BTC 3h (Binance Spot) Falling wedge on support

Long
TradingOn Updated   
BINANCE:DGBBTC   DGB / Bitcoin
#DigiByte is forming that bullish pattern, a bit early to call it but I guess a breakout is highly probable.

Current Price= 0.00000213
Buy Entry= 0.00000213 - 0.00000205
Take Profit= 0.00000223 | 0.00000239 | 0.00000257
Stop Loss= 0.00000195

Risk/Reward= 1:1 | 1:2.14 | 1:3.43
Expected Profit= +6.70% | +14.35% | +22.97%
Possible Loss= -6.70%

Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 480h
Trade closed: stop reached:
Stopped with -6.70% from average entry

#DigiByte made a try to go up but wasn't strong enough to reach target then dipped more.
There is a strong support at 190ish but it was already tested twice so it could breakdown.
It could still be a falling wedge but better wait for reversal sign before re-enter I guess.


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