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#DGB/USDT analysis :
#DGB is expected to retest the 200 EMA before continuing its bearish trend. This creates a potential buying opportunity on lower time frames (LTF), and the current level is a good point for long trades.
TF : 4H
Entry : $0.00865
Target : $0.00970
SL : $0.00797
#DGB/USDT analysis :
#DGB is currently in a downtrend, consistently making new lows while trading below the 200 EMA. The price is now showing a retracement towards the 200 EMA and the resistance zone. It is expected to reverse and continue its bearish momentum. It is recommended to wait for the price to retest this zone and demonstrate rejection before considering a short entry.
TF : 1D
Entry : $0.00703
Target : $0.00541
SL : $0.00814
#DGB/USDT analysis :
#DGB has broken the support levels and has retested the zone, which is now acting as resistance for the price. The price is expected to decline from this level and test the previous swing low.
TF : 4H
Entry : $0.00662
Target : $0.00634
SL : $0.00681
#DGB/USDT analysis -
The current price movement of #DGB shows a rejection from the resistance zone after establishing a lower low. There is an anticipation of further decline from this point with a potential retest of the previous low. To effectively manage risk, it is advisable to set a stop loss above the rejection zone.
TF : 1h
Entry : $0.00716
Target : $0.00616
SL : $0.00757
#DGB👀
The second chart fully and automatically generated by our algorithm 🤖
All drawings are based on only mathematical values and calculations instead of emotions.
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#DGB hit 34 today 🔼
Trade opened on 24 March ✨
In both spot n future
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