CryptoPrescience
Short

Digibyte (DGB) : Bull Run Over For Now?

BITTREX:DGBBTC   DigiByte / Bitcoin
This is the chart that no one wants to see, but the one you can't ignore.
My view on the recent impulse waves of DGB             . Yes, it's sloppy, but when you have 1,000 usd swings with bitcoin             you can't expect to have pretty Elliot wave sequences such as when you use the theory with traditional assets which is compared to a relatively stable currency like the USD or Euro             .
Also, I'd like to point out that if you've been paying attention, this same sequence is playing out with numerous other alternate coins such as Siacoin, Ripple, Lumen, and the list goes on.
I hate being the bearer of bad news, but it may be time to take some profits and reenter at a lower price. OR there's always the option of holding through the storm which outperforms swing trading 90% when you're not the most experienced "trader".
I hope I'm wrong, but for now I think the action is over.
C leg of the correction waves may not go that deep either. Then, again it may go even deeper if we get a bull run from bitcoin             .
ABC correction will be confirmed on a break below 615 sat.
I like DGB             and I think 2018 will be a huge year for it so I'm definitely wanting to add to my long term position and the very best price which appears to be coming.

Trade Procedure:

Buy:
I'll be looking to reenter DGB             at 540-575 sat.

Stop-Loss:
This trade is invalid at 734 sat.

Sell Targets will be assessed after buy.

As always Goodluck everyone!


DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden