DGHThe Elliott pattern has almost completed as a WXY complex correction pattern with a clear price divergence with the RSI as well as the Breaking out above the red line down trend is considered positive, and then we update the analysis.
The price may rise from the current area or may fall to the bottom of the channel at the 0.0008 area.
Although there are some positive indicators, the price is still in the negative zone.
Please trade with caution.
DGHUSDT trade ideas
DGHUSDT Dgh been almost finished the correction wave 2 as WXY .
We have 2 scenarios either to go up from here as leading diagonal then parabolic or it will targeting the red box again maximum 0.0025 then to start wave 3.
İt is not financial advice i am just sharing my point of view.
Trade carefully.
DGHUSDT For fans of the classic school of technical analysis, it seems that a head and shoulders pattern is forming, and we are on the right shoulder of it, with a first target of 14 cents and a second target of 37 cents, with the first condition being a crossing 0.017 with high volumes to achieve the first target, and a second condition being a crossing 0.027 with high volumes to achieve the second target, and a basic condition being a reverse from the current area. With a stop loss of 0.0039.
DGHUSDTIt seems that we are currently in the wave 4 , and the current wave is the correction of a pentagonal triangle, each side of which consists of three waves. I believe that the correction will end at 0.011, and the target is 0.618 Fibo, that is, at a price of 0.024 USD.
DGH is a health project based on UK with many partnerships in Euro area and MENA .
it is not a financial advise .