DGB down-trend over. Look for it to break the pennant should push to 1200 SAT.

in #cryptocurrency7 years ago

As this Chart shows we have broken through the larger downtrend and have since formed a nice up trend since July 10th. The 4 hour MACD has crossed over and is typically a sign of a trend change along with the high volume node at 500 as support, the previous low as support at 510 sat on July 28th. The daily chart has also had a bullish MACD cross and with the pennant formed (bullish pennant) we should see a breakout of the pennant with a new high for the move. Looking at the daily chart if the previous high breaks the next high volume node would be around 1200 sat. Trade accordingly.

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Nice, just bought 100k

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