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Weekly
Looking at our trend timeframe we see price respecting our major downtrend and uptrend support, DGB is now at a critical point. Momentum showing us we are heading towards the downside and not slowing down, price should be following. Expecting a drop towards our major support zone 250 satoshis
Daily
Shifting over towards our pattern timeframe we see price respecting our bearish parallel channel structure, however major support has been broken and we should be seeing a drop towards 200-275 satoshis. Momentum heavily shifted towards the downside with no signs of slowing, this could be our last dip before we head to the moon. If we do not drop towards this level a daily close above 425 satoshi on the daily activates our trade.
Conclusion
- Buy: After Daily Close Above 425
- Sell: NO
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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
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