jpbrown1023

DGD - Bullish Wedge, Great Position for Gains

BINANCE:DGDBTC   None
DGD has had some bullish momentum since breaking out of its falling wedge in mid-September. The daily MACD has not only crossed the zero line, but the zero line is now acting as support. That's a bullish sign. The price action is sitting at the base of a broadening wedge pattern. This is a great spot for a low risk, high reward entry. A good short-term target would be the top of the wedge at around .008 level.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.