Let me preface this first of all by saying there's no guarantee that BTC is out of the woods yet, so be careful of any trade you make. That being said, this is a long term trade, so if you wait patiently you may get a good entry for it!
DGB/BTC had a huge run and has been stuck under this trendline and MA for a while now. Today, we broke above the trendline AND the MA, all that's left is the Red Cloud above us which is going to be resistance. We'll probably pull back, touch the MA, and as long as we hold that we should enter LONG. Resistances are from previous highs as marked in the yellow lines. If we clear that zone of 3 close resistances, I could see this going to an all time high. Take profits along the way, and leave some for moon.
Check out my other trades too. If my charts are helpful, and they result in profit for you, please like and follow my profile to catch all my trades.
Happy Trading!
DGB/BTC had a huge run and has been stuck under this trendline and MA for a while now. Today, we broke above the trendline AND the MA, all that's left is the Red Cloud above us which is going to be resistance. We'll probably pull back, touch the MA, and as long as we hold that we should enter LONG. Resistances are from previous highs as marked in the yellow lines. If we clear that zone of 3 close resistances, I could see this going to an all time high. Take profits along the way, and leave some for moon.
Check out my other trades too. If my charts are helpful, and they result in profit for you, please like and follow my profile to catch all my trades.
Happy Trading!