I would have liked to see this fomo much later in the bull run, and perhaps there will be another moment where fomo impacts the DGB charts.
The switch on the MACD line (right after a buy signal went up) has only happened once since this run up began.
Typically, it's 3-days up, 1-day down.
I think the reason for this is Fomo. DGB popped hard last night around...
DGB might be on Deep Crab pattern.
What does the Crab (and Deep Crab) harmonic pattern tell traders?
Just like the butterfly, it can help traders identify when a current price move is likely getting to its end. This means traders can enter the market just as the price changes direction in the opposite way.
The crab and deep crab represent important overbought...
If the falling wedge appears in a downtrend, it is considered a reversal pattern. It occurs when the price is making lower highs and lower lows which form two contracting lines. The falling wedge usually precedes a reversal to the upside, and this means that you can look for potential buying opportunities.
We are on the wave 2 based on Elliott Waves theory.
Wave two corrects wave one, but can never extend beyond the starting point of wave one. Typically, the news is still bad. As prices retest the prior low, bearish sentiment quickly builds, and "the crowd" haughtily reminds all that the bear market is still deeply ensconced. Still, some positive signs appear for...
You can see the Chart of Btc Dominance on Daily Timeframe .
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
2 Scenario's Expected
1. A rebounce from the support at around 460 sats and started an elliottwaves upward reversal trend.
2 . Closes below the support at around 460 sats and continue further its continuation pattern.
RSI : 41.2168
Below the 9 DEMA.
Entry Level : 452 sats - 470 sats
Possible Targets :
T1 : 504 sats
T2 : 532 sats
T3 : 554 sats
T4 : 577 sats...
DGB has been good to me lately. As BTC continues its pattern - DBG has provided many short opportunities. I dont mind making short trades for a few percent on my holdings. Some people go for the longer duration buys - I never feel shy about locking in some gains.
DGB has continued to rise and fall a little bit independent of BTC. I think DBG is set to go...
In this graph, DGH has narrowed Bollinger bands that shows us it generally will rise.
You can buy in this green are and you should sell at red area, also blue area shows the bouncing area.
