Long
$DGB/BTC (Binance Spot) Falling wedge breakout
Digibyte broke out of that falling wedge with not much reaction yet, but I believe it will reverse very soon.
Current Price= 0.00000074
Buy Entry= 0.00000075 - 0.00000071
Take Profit= 0.00000083 | 0.00000094 | 0.00000106
Stop Loss= 0.00000063
Risk/Reward= 1:1 | 1:2.1 | 1:3.3
Expected Profit= +13.70% | +28.77% | +45.21%
Possible Loss= -13.70%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 240h
Current Price= 0.00000074
Buy Entry= 0.00000075 - 0.00000071
Take Profit= 0.00000083 | 0.00000094 | 0.00000106
Stop Loss= 0.00000063
Risk/Reward= 1:1 | 1:2.1 | 1:3.3
Expected Profit= +13.70% | +28.77% | +45.21%
Possible Loss= -13.70%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 240h
Trade active
First entry filled and bouncedLooks like it was a good timing to catch Digibyte again, heading towards first target already!
Trade closed: target reached
TP1 reached with +13.70% (1x) and 1RSlowly but surely, Digibyte is reversing the downtrend, still looking quite promising!
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Related publications
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.