Digibyte has been bullish since the breakout of the falling wedge, 1st impulsive wave hit a swing high of 436 sats then we saw a bullish 38.2fib retrace. Then Wave 3 made a swing high of 530sats.
Currently it is consolidating in a triangle pattern, looking to break above major resistance levels at today's closing.
DGB trying to break above trendline resistance, 20,50 DMA & cloud resistance around 450-460 region.
RSI is curving above 50.
There can be two possibilities for wave 5.
Link to earlier analysis: twitter.com/rajista007/status/988785298736742401
Currently it is consolidating in a triangle pattern, looking to break above major resistance levels at today's closing.
DGB trying to break above trendline resistance, 20,50 DMA & cloud resistance around 450-460 region.
RSI is curving above 50.
There can be two possibilities for wave 5.
Link to earlier analysis: twitter.com/rajista007/status/988785298736742401
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.