The price reached a strong support zone formed by the uptrend line and the support level. RSI is in the oversold zone and it's going to confirm price reversal. The market has potential for a good upward movement.
In order to entry the market more safely, we should use a breakout signal. Pending orders for buy must be placed above the local swing high. If the market reverses from the support zone, then breaks the downtrend line and moves above 0.00000580 level, we'll open long trades and get an additional confirmation of further upward movement. Stop orders should be placed below the uptrend line. This is a long term trading with profit targets at 0.0000200 and 0.0000260 levels.
Read more trading ideas here https://www.tradingview.com/u/DLavrov/
Ok, I bought some DGB! Thanks! :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good points in this blog. Good to see I'm not the only one that is thinking about this. The trustworthiness of the crypto is based on: A solid team, product, advisors, preferably VC investors, etc. Sell all cryptos that don't have this solid background. It's a waiste of money. An interesting website I found: https://www.coincheckup.com. Since I use this site I make so much less basic investment mistakes. For example: https://www.coincheckup.com/coins/DigiByte#analysis To watch DigiByte Research report.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit