DGB/BTC 3D (KuCoin) Descending channel about to retest mid-line
FA: Binance just announced they listed DigiByte today after so much struggling, this is good news but don't buy right now.
This is a POW (Proof Of Work) coin so that means you can earn mining, but also some exchange like ProBit.com allows staking up to 10% reward (APR).
TA: We can see accumulation trend lasted almost a year then broke-out 2 months ago, forming a big parallel channel.
(E)MAs are quite under current price, I'm expecting mid-line channel to be retested and go for the upper-line, or maybe even break it up afterwards.
This is a long-term call so be even more patient than usual for entries to be filled and targets to be reached.
Current Price= 0.00000231
Buy Entry= 0.00000158 - 0.00000134
Take Profit= 0.00000266 | 0.00000342 | 0.00000549
Stop Loss= 0.00000086
Risk/Reward= 1:2 | 1:3.27 | 1:6.75
Expected Profit= 82.19% | 134.25% | 276.03%
Possible Loss= -41.10%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 1x
Estimated Gain-time= 3600h
This is a POW (Proof Of Work) coin so that means you can earn mining, but also some exchange like ProBit.com allows staking up to 10% reward (APR).
TA: We can see accumulation trend lasted almost a year then broke-out 2 months ago, forming a big parallel channel.
(E)MAs are quite under current price, I'm expecting mid-line channel to be retested and go for the upper-line, or maybe even break it up afterwards.
This is a long-term call so be even more patient than usual for entries to be filled and targets to be reached.
Current Price= 0.00000231
Buy Entry= 0.00000158 - 0.00000134
Take Profit= 0.00000266 | 0.00000342 | 0.00000549
Stop Loss= 0.00000086
Risk/Reward= 1:2 | 1:3.27 | 1:6.75
Expected Profit= 82.19% | 134.25% | 276.03%
Possible Loss= -41.10%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 1x
Estimated Gain-time= 3600h
Transaction en cours:
First entry filled
Remember that old call for #DigiByte? Well at last entry zone was hit!
If you dared to wait that long then you'd better stick to plan and start buying.
Unfortunately, I lost patience after a while (😖) and entered earlier with the bot (188 sats) few days ago, but signal is still valid.
200MA seems to act as support now and we could see a bounce sooner or later.
Remember that old call for #DigiByte? Well at last entry zone was hit!
If you dared to wait that long then you'd better stick to plan and start buying.
Unfortunately, I lost patience after a while (😖) and entered earlier with the bot (188 sats) few days ago, but signal is still valid.
200MA seems to act as support now and we could see a bounce sooner or later.
