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What is going on with Digibyte?
I have an open trade on digibyte.Digibyte pulled some expected moves
not negatively but postively.But I want to know why.What's going on.
In this idea were going to talk about what may have caused digibyte to lit very greenly
is this a sign of a new rally.Why did my other idea on digibyte didn't go as expected.
I was analyzing the weekly chart of digibyte ,I have encounterd something interesting.
What if the we are in the middle of a rally that started in march and now it's finishing the last touches.
That would explain a lot
In this picture you see the elloit 5 waves
The first wave was very short so that's why wave 5 was extended that explains why digibyte was lit very greenly
and do you remember that drop from 500 sats to around 310 sats I do. Do know what caused it?
The correction of wave 2 to was short and retraced not a lot.
It when from 283 sats to 250 sats and compared to the drop from (wave 4) 500 sats to 310 region.
Next time remember when a correction is over very fast and the rally resume you know there is a deep retrace coming.If we resume and this rate 700 sats doesn't sound strange in the ears.Let's see and wait
Taking profits on the way never hurst(mostly)
I will keep you update daily
not negatively but postively.But I want to know why.What's going on.
In this idea were going to talk about what may have caused digibyte to lit very greenly
is this a sign of a new rally.Why did my other idea on digibyte didn't go as expected.
I was analyzing the weekly chart of digibyte ,I have encounterd something interesting.
What if the we are in the middle of a rally that started in march and now it's finishing the last touches.
That would explain a lot
In this picture you see the elloit 5 waves
The first wave was very short so that's why wave 5 was extended that explains why digibyte was lit very greenly
and do you remember that drop from 500 sats to around 310 sats I do. Do know what caused it?
The correction of wave 2 to was short and retraced not a lot.
It when from 283 sats to 250 sats and compared to the drop from (wave 4) 500 sats to 310 region.
Next time remember when a correction is over very fast and the rally resume you know there is a deep retrace coming.If we resume and this rate 700 sats doesn't sound strange in the ears.Let's see and wait
Taking profits on the way never hurst(mostly)
I will keep you update daily
Trade attivo
Digibyte 700 sats it's very probally now ,maybe it even let's see and waitNota
Well we hit close as 689 sats,
Digibyte will go back to the 300 sats region.
The retrace is imment.The first drop would take us around 430 sats
I will keep you updated
Trade chiuso manualmente
I will give you a sign when there isserious movement again
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.