Do not consider any chart as an investment advice.
. If the DGB long-term support is unable to insure we will see retests in the next levels marked on the chart. . I hope this chart helps you get more DGB heritage or keep your BTC.
Comentarios
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Comentarios
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Comentarios
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Impressive, it looks like the DGB holder is holding it. Let's see if we create a higher top than the last. If we move from 366 the chances for a high are great.
Don't you think indicators are pretty oversold for realization this channel target.. ?
eduardokaykedasilva
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@damdamm,
I ignored all the indicators in this chart. Of course it has indicators there, but the idea is a moment of downfall. If the DGB enters the coming weeks in a downtrend. These are the supports that hit the old trend line. I have lately used more indicators to try to figure out the DGB trend. But a really safer trade is analyzing support and resistance. There is no gauge that hits it. This type of analysis usually works very well. Of course it will depend on whether the support we are supported will now be able to handle. One very important thing is to take into account the movement of the BTC. It usually commands the movement of the market. We have to keep an eye.
damdamm
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That's channel that I didn't't found. I put it in my chart and found some interesting confluence.
Bottom line of channel cross with my triangle line and 0.85 fib.
eduardokaykedasilva
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@damdamm, Look, I know it's hard to do that. But sometimes it happens that Elliot's waves come out deformed. And if we consider that all this was an Elliot process we can use fibonacci. What do you think?
@eduardokaykedasilva, Well. I must admit that I always try to do things like rules tells to do. If everyone respect more possibility outcome of deformation and see possible count in very own way there is less probability for perfect drawing of chart and developing patterns and so on.
On the other hands I am ok with little little emotional deformation like going little bit deeper then should be...
damdamm
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@eduardokaykedasilva, For me there is many breaks between 300-320 to hold. And I hope we will hold it because it is very important thing in my idea for future develop of price to hold magenta line of triangle in matter of retest.
eduardokaykedasilva
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@damdamm,
I also want the bracket to hold. Then we can see a value of 800 satoshis. But if you fall, you will not do so badly. We can buy more. Who knows where the new bull run would have taken us. So many possibilities.