Two previous reversals have failed, but the last two times RSI dipped below 30 and rose back above there were sustained rallies for 15-30 days.
This is the first time I am placing buys on DGB in a long time, and this is one of those cycle coins like Doge, though less reliably.
RSI and Stock are signaling buys, price trying to close above the 7ma on a strong daily candle, but a drop below recent lows invalidates the idea. This is one where I will purchase 25% of desired position here, and pyramid orders to fill the other 75% down to the bottom of the current daily candle.
Watching todays close for a dirty "3 line strike" pattern. I want to see a close above 4 days ago and higher volume than the last 3 days.
Two swing trade ideas with a 10% SL below recent lows:
הערה
This is an early buy signal.
I will be watching for continued buy signals to confirm a reversal
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