DAG has succesfully broken out of this descending broadening wedge / falling wedge pattern, and is currently back testing the supply line as support. On this backtest there is potential Class A hidden bullish divergence on both RSI and MACD indicators. Managing risk for this asset is rather easy; just below the previous low. Continuation is implied for this asset so long as BTC does not keep dumping.
Target 1: .618 retrace of the falling wedge pattern
Target 2: Measured move of the broadening wedge
Target 3: .886 retrace of the entire structure
Target 1: .618 retrace of the falling wedge pattern
Target 2: Measured move of the broadening wedge
Target 3: .886 retrace of the entire structure