DigiByte (DGB) Is Having Another Dip to Complete Upto 1100% Bullish Setup

By moon333 | moon333 | 12 Dec 2020


On long-term 2-week chart, the price action of Digibyte is completing final leg of bullish Shark and soon it will be reached in potential reversal zone.

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Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of Shark pattern should be as below:

Potential reversal or buying zone: 0.00000080 to 0.00000021 btc

Fibonacci projection or sell zone: 0.00000134 to 0.00000255 btc

The potential reversal zone is quite wide, therefore we should start looking at different indicators to place out buying zone within this potential reversal zone and after getting confirmed signals we should buy. However, once the leg will be completed I will post another update on when to buy.

 

Possible profit ratio:
As per above targets this trade has a profit potential of 1100%%

 

Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

 

 

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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