Digibyte DGB short term forecast | -30% to -75% drop

Before we enter the long term bullrun I see a retrace incoming not to far away from now. I did mention that in me previous post. If the green 0.618 holds we see a 30% drop in price for the accumulation zone but if that fails, depending of what BTC is going to do, this level could not hold and could we see a further downward move to -75%. Be aware of that possibility!

Thank you

Transaction en cours:

Trendline has broken. Wait for the hook to form and we can see the move downwards.

Commentaire:

We're nearing the bottom of accumulation zone 1 (the green 0.618) , so we will soon see if it holds.

Commentaire:

Right at the bottom of accumulation zone 1... are we entering zone 2..?

Commentaire:

We saw a clear break through the floor of accumulation zone 1 and a break/hook in the 2nd accumulation zone what can be become a future left shoulder for an inverse H&S reversal pattern. Its now time for the final swing down towards the bottom of this 2nd zone for a potential head what might be the bottom.