jpbrown1023

DGD - Approaching the end of its falling wedge

BINANCE:DGDBTC   None
Looking at the 4-hour chart, DGD appears to be due for a breakout soon. It's oversold on the RSI, approaching support on the MACD, and finds itself in falling wedge close to completion. I'll be looking for buyer volume as it nears the bottom boundary of the wedge to push the price up and out of the pattern. It is one of the few alts that has yet to see a jump in price since the alt market's positive movement in recent weeks. I'll be keeping an eye out for the break out.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.