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Being BULLISH on Digibyte
We have a big Ascending Triangle Formation (blue lines).
I expect Digibyte to bounce of the resistance and follow the bullish trend.
The 0.786 Fib is a key resistance we have to break through.
If we do I think we are breaking rather quickly through the Ascending Triangle Formation.
This Formation has a 50% chance that it will dip right after the breakout.
If it those I will buy more at the 2. Buy Area.
I expect it to go higher but I am starting taking profits at the 0.5 Fib, making 250% profit for the first buy in and 70% for the second one.
Keep in mind to not bet everything at once! Average in!
I expect Digibyte to bounce of the resistance and follow the bullish trend.
The 0.786 Fib is a key resistance we have to break through.
If we do I think we are breaking rather quickly through the Ascending Triangle Formation.
This Formation has a 50% chance that it will dip right after the breakout.
If it those I will buy more at the 2. Buy Area.
I expect it to go higher but I am starting taking profits at the 0.5 Fib, making 250% profit for the first buy in and 70% for the second one.
Keep in mind to not bet everything at once! Average in!
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