DGB BULLISH
Updated
DGB has been looking bullish. It's currently slowly climbing up a trend-line. Looks as if whales and others are slowly accumulating.
Now it's almost reached a point of resistance. This resistance is the convergence of various points - previous support, the 0,5 fib level.
MACD is bouncing around on an uptrend and looking for separation. The RSI however, is looking great up up up! Not sure how long it will last or if we get through resistance. But I am mostly positive on this chart!
Predictions? If we get over that level of resistance we could possibly be forming a small cup and handle. It looks like we'll go up, get stopped for a bit fall on the trend line then UP!
Not a financial advisor, nor financial advice.
Best of luck,
X
Now it's almost reached a point of resistance. This resistance is the convergence of various points - previous support, the 0,5 fib level.
MACD is bouncing around on an uptrend and looking for separation. The RSI however, is looking great up up up! Not sure how long it will last or if we get through resistance. But I am mostly positive on this chart!
Predictions? If we get over that level of resistance we could possibly be forming a small cup and handle. It looks like we'll go up, get stopped for a bit fall on the trend line then UP!
Not a financial advisor, nor financial advice.
Best of luck,
X
Note
BTC is currently dragging down the whole market, it looks like it went for a break out but has failed, we'll have to wait until next time. Let's just see if anything catches DGB this might indicate whales accumulating.
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