Despite the downward trend in the market as a whole DGD has not fallen like the major currencies. This Modified Schiff pitchfork captures the price movement for the last several weeks. In the past few days price has ascended the downtrending line and held above them. Resistance has become support. In this bear market I am very wary and I will look for a bounce in ETH and BTC at the same time. Tight stop and no leverage. Charts of other currencies to follow but I would expect a bounce in the next few days
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Ideally DGDUSD and DGDBTC will find support at the same time. If not then I may not take the trade
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I ENTERED AT 347 ,CLOSED AT 372 FOR PROFIT OF 25 OR 7 PERCENT. i MAY REENTER WHEN IT RETRACES