Coder775

DGBBTC has reached its first resistance

Long
BITTREX:DGBBTC   DigiByte / Bitcoin
Hi everyone, welcome to my first DGB BTC analysis. First i would like to point out that DGB has reached to its first resistance at 38.2% fibonnaci retracment. From over there i would expect pullback to 106 sat where lies 61.8 fib level from last rally to the upside. If we will find support at 106 sat i would expect price to go further towards 61.8 fibonnaci at around 220 sat.
Also i would like to point out that previous supports works nicely on this pair as resistance, and combined with fibonnaci levels.

This information is not a recommendation to buy or sell. It is to be used for educational purposes only.

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