DGB broke out a nice triangle. Its still on-track for its Elliot-wave. On a day time scale MACD has changed up a little which means its hovering up for a climb upwards. Spiral shows some nice future. Let's where it will lead to. Happy trading!
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DGB, still on track!
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DGB: quite solid way up! Some little downfall due to Korean exchange fud. Volume is pretty low which indicate a HODL base of traders. The movement we're experiencing now are the wave within waves. The pitchfork also indicates DGB is still between the trendline heading point 3.
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Good morning! Yesterday was a bit tense, I agree, but these are the wave within waves chaps. DGB is still on-track heading point 3. Not awareness around DGB at this moment, which is resulting in a slow but steady move up. Still between the outer lines of the pitchfork and in a 12h timescale picture Stoch-RSI is going up. Don't care too much about the negative MACD trend. On the longer term this will be solid as it looks now.....
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Hello. I made some little adjustments to the pitchfork. We're still 'in' it although course is flatten out a bit. MACD is close and Stochastic-RSI is trying to get up. I expect a firm move up within a couple of hours. If not, Elliot-wave will become a bit less steep. Bitcoin is getting more value so probably some money is flowing back into bitcoin. Still confident about reaching point 3. But hey, make your own decisions, always! Good trade!
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DGB went outside its pitchfork. Nothing to worry that much. What does worry me a bit is the Stoch-RSI that's still in a downtrend on a daily level. Hoping/expecting it to turn as on a 12h time schedule its pretty low already, as it is on the 6 and the 3 hour level. On the 1h and 30 min it's moving down again.... So it is what it is. Can't make it better. On the 1h it went through the green Ichimoku cloud. On the 3h cloud it looks like its going to bounce. Fingers crossed.
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DGB: leg 3 up was shorter than expected. I made some adjustments after pitchfork level was broken downwards. Next worry if elliot-wave structure will be respected by point 4. Hope this will come to an hold in the green rectangle. If that will fall down below rectangle...hmmm I don't give sell advices but you know what I mean. Good trade!