DGB fails to recover back above the previous Trendline Support (B). Also, failed to stay above Trendline Support (A) forming new Trendline Support (C). If DGB fails to stay above Trendline Support (C), expect to see further downtrends.
DGB has yet again disappointed many investors. Sorry guys. This one doesn't look like it's going anywhere, anytime soon.
DGB is up what 1000% or so from last year I wouldn't call that disappointing, only if you bought the top and only look short term maybe. DGB has solid fundamentals and the technicals looks like we just had "suckers rally".
Tdesign
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@notify_send, Yes, from it's record all time high of roughly 2400 satoshi down to 400 satoshi doesn't sound like a successful year to me.
notify_send
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@Tdesign, A few 1000% up from below .01$ to .15$ doesn't sound like a disappointment to me. Maybe you didn't realize it yet but many crypto-currencies are below their ATH in satoshi, it is only a disappointment if you fomo bought at $ and satoshi ATH's. That is exactly why I am scaling into a position now near bottoms while people that bought the top are complaining.
Tdesign
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@notify_send, Hey there, my chart for DGB is currently for day trade short term positions. Just pointing out that it's currently not the right time to buy in on this one. Maybe later on.
notify_send
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@Tdesign, Then its probably more accurate to say "DGB has yet again disappointed many gamblers" because I don't hear any investor complaining who scaled into a position on the dips and held this as a long term hold.
Tdesign
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@notify_send, Gamblers/Investors are all one in the same if you look at the bigger picture. DGB still has a long way to go, and currently do not recommend buying in since it is still failing to go above the previous support line. Kudos if you're in love with Jared Tate. To each his own.
lostgray
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Maybe not.
Tdesign
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@lostgray, It still can't break through the previous Trendline support (B).