The 3-hour, 4-hour, and daily timeframes on DGB/BTC all show hidden bearish divergence on the CCI. A pullback below 400 satoshis toward the bottom of the pennant formation seems likely, if the support of the 200 moving average does not hold on the 4h timeframe.
Trade attivo:
This chart shows the bearish hidden divergence with violet lines on the CCI and daily price action.
Commento:
The 3h timeframe also shows bearish moving average crosses of shorter term moving averages (100, 50, below the 200 moving average (shown in red).
Commento:
If you were to sell DGB here, I would look to buy back in a laddered fashion, between the 200 daily moving average, and the red upward sloping pennant support trendline. I would also have a stop buy order just above the top pennant resistance trendline, in case DGB breaks out.
Commento:
When DGB does break out to the upside, I would expect it to eventually revisit the previous all time high.