Descending Triangle Elliot Wave ABCDE Correction forming a bull flag on the DBC/ETH chart. I believe it's a fake-out to the downside with low volume and Shortening of Thrust.
Also sitting on the 0.618 Fibonacci.
Set stop loss below at around 0.0000035.
Target around 250%, with a Risk/Reward = 9
As you see, we have broken the triangle wedge and the pin bar up( gray color pin bar) This means it's on fire to the next leg up and it's around 0.0000161 eth per DBC.
AI (artificial intelligence) coins are always bullish in my opinion and more over i'ts more bullish when it will be launched on the Polkadot protocol.
Don't miss this oppurtunity
Like, share...
The left right shoulder en huge mainnet interest buying has begun now.
This is HUGE and can go further because we made a daily left right shoulder.
From here it can go to =>0.0000100
Like, share, and comment what your thoughts are on this AI project, because it's going on the polkadot protocol
Deepbrain chain has had a nice pump out of the triangle pattern that you can see forming for a decent period of time.
This looks like accumulation to me.
Maternodes being released very soon and the project has been growing with alot of partnerships and
universities/companies using their platform.
Price has retraced to support and had a strong bounce from...
Pair: DBC/BTC
Exchange: Huobi
Trade Duration: Long
Risk: Low
Signal Strength: High
Introduction
DeepBrain Chain is a decentralized neural network. Countless nodes across the world will supply computational power to AI companies and receive DBC as rewards. 70% of the DBC will be paid by the system and AI companies only need to pay 30%.
See the...
$DBC have quite low supply and probably one of the biggest PPT on the market.
It's one of the most appealing risk to reward ratio on crypto market.
This coin is quite volatile but i guess buying here is quite safe although be careful low cup coins are always more risky to trade/invest.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
