DGB/BTC 3D (KuCoin) Descending channel about to retest mid-line

FA: Binance just announced they listed DigiByte today after so much struggling, this is good news but don't buy right now.
This is a POW (Proof Of Work) coin so that means you can earn mining, but also some exchange like ProBit.com allows staking up to 10% reward (APR).
TA: We can see accumulation trend lasted almost a year then broke-out 2 months ago, forming a big parallel channel.
(E)MAs are quite under current price, I'm expecting mid-line channel to be retested and go for the upper-line, or maybe even break it up afterwards.
This is a long-term call so be even more patient than usual for entries to be filled and targets to be reached.
Current Price= 0.00000231
Buy Entry= 0.00000158 - 0.00000134
Take Profit= 0.00000266 | 0.00000342 | 0.00000549
Stop Loss= 0.00000086
Risk/Reward= 1:2 | 1:3.27 | 1:6.75
Expected Profit= 82.19% | 134.25% | 276.03%
Possible Loss= -41.10%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 1x
Estimated Gain-time= 3600h
This is a POW (Proof Of Work) coin so that means you can earn mining, but also some exchange like ProBit.com allows staking up to 10% reward (APR).
TA: We can see accumulation trend lasted almost a year then broke-out 2 months ago, forming a big parallel channel.
(E)MAs are quite under current price, I'm expecting mid-line channel to be retested and go for the upper-line, or maybe even break it up afterwards.
This is a long-term call so be even more patient than usual for entries to be filled and targets to be reached.
Current Price= 0.00000231
Buy Entry= 0.00000158 - 0.00000134
Take Profit= 0.00000266 | 0.00000342 | 0.00000549
Stop Loss= 0.00000086
Risk/Reward= 1:2 | 1:3.27 | 1:6.75
Expected Profit= 82.19% | 134.25% | 276.03%
Possible Loss= -41.10%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 1x
Estimated Gain-time= 3600h
Dagangan aktif
First entry filledRemember that old call for #DigiByte? Well at last entry zone was hit!
If you dared to wait that long then you'd better stick to plan and start buying.
Unfortunately, I lost patience after a while (😖) and entered earlier with the bot (188 sats) few days ago, but signal is still valid.
200MA seems to act as support now and we could see a bounce sooner or later.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.