DGB/BTC TF 4H

Updated

DGB/BTC 4H Timeframe

Resist 247 sat
Will it break out or retrace to 200 sat?
MACD show that the trend is going up
Tradehist show buy power still on the same point, sell power is going up

I am predicting that tomorrow will reach 280 sat

Note

My Target 280 satoshis reached,

DGB TF2H
Falling Wedge Pattern
Tradehistory show that Buy Power is almost cross with Sell power
RSI show that it is oversold
MACD show that it is going to up

From the sign above, my result is Sideways for next 4 hours
why ?
Buy Power almost cross with Sell power means that the people sold DGB more than bought DGB, which means people feel it is more safely to stay on BTC now
RSI show it is oversold, it could bounce back for a while, at the maximum to 465 sat
MACD show the trend is trying to go up, so there is a chance for DGB to bounce back
but remember if BTC is not going for another bull run

For safe entry: under 280 sat

Note

For further information, DGB may test the support 350 for the third times when the BTC doing another bull run, if it breaks the support, the entry point above will be valid
if it bounces back, sure it will go back to 400 sat

kaslie

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