327 still active
Technically breaking FIB .6 makes a trend invalid. That's exactly what we have here. So what's next? Market sentiment is down, no new or upcoming events, Q3 is usually slow through until Oct when thing tend to pick up, and BTC is leveling out near price with no confirmed signal of reversal. So that's all going to play a roll in what's next for DGB and alts all around. Marked in blue MACD is still showing a bearish divergence sending us to .7 or lower on FIB and depending on what strategy you're playing 390-430 sats (395 marked in green) is the support. We might see a small rally in that area but no moon. RSI is all in pattern and no big signs of any type of bull, bear or hidden divergence for now. As I continue to run long and shorts on ETH/BTC all gains get transferred of to a new buy order with DGB. Some of those are set as low as 269 SATS. As it is now this is not the market for me to get into just yet.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.