Buy chance for district0x - targets inside!
DNT doing well. It just bounced off the 0.236 of it's last move higher, which is always a gorgeous entry point, and this time it's also the hourly 20 moving average. Projection for profit is where the peak-to-peak trendline intersects with the next big fib level ;
Whenever it touches that top teal line, it's selling time. I'm keeping my sell targets on the fib levels, so that means: 1400, 1800, 2200. We'll see about buying dips back down on the way: The 0.236 on the way down is always a buy in my book, and DNT seems to touch it on occassion - like righ now.
Whenever it touches that top teal line, it's selling time. I'm keeping my sell targets on the fib levels, so that means: 1400, 1800, 2200. We'll see about buying dips back down on the way: The 0.236 on the way down is always a buy in my book, and DNT seems to touch it on occassion - like righ now.
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Update for this pair.
Bình luận:
What happened too was that BTC/USD rallied sharply upwards, which threw off DNT/BTC in a different channel. Might have to make a whole new chart for DNT with the last correction as baseline for new fib targets if this hourly dip and bounce higher is to be seen as having been a bottom.