DGB Technical Analysis by Dr. Fry the crypto guy

in dgb •  7 years ago  (edited)

Dgb has been recovering from quite a run from the spring.  Here's why I think at this price it's a great buy.  



The CCI just crossed over the dashed line which is a buy indicator, this happened on the 343 minute and 4 hour. 



We can see on a 1 week candlestick chart how bullish dgb actually is


 look at the cci

 

Look at the 30 min, the white is over the red, we're going to try to run here


Short term correction, buy the dips :)

Imo this is  the floor

  Guess I was wrong, should have seen the market correction coming,  we do see a nice bearish bat pattern here, and this is the local bottom for now.  If you're in hold, if you want you can enter and exit will come in the 750 sat range at least.  

 dgb update, local bottom, buy the dips
sell at 78.6 retracement which should be the top of wave d of this new bearish bat pattern

 roughly heres the bat 

1/18 2:23PM EST Panning out really nicely right now!


1/20 2:13AM Going as planned,  had to take down the old bat i drew  but heres a new one :) the exit isn't right. still working on retracements but you get the idea of where its going, it should clear just shy of last level and then drop back down.











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Guess I should stick to my day job

Sorry guys, I wasn't watching the market correction, next time I'm going to pay attention to the volume going into fiat. anyone know of a good place to look for that?

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