Digibyte has made a nice jump right before christmas and seems to be preparing for the next run. Consolidation went down to 360 where the chart crossed the former upper channel. It has found solid support down there and already climbed its way half back from where it was performing the MA Cross yesterday.
Crossing the MA20 line as well as the former upper channels top trendline might be a strong signal for our next move. For the breakout to happen, we need another MA20/50-cross as this has been our indicator serveral times now and has not disappointed yet.
Buy-In:
400-450 (as low as you can still get).
Targets:
620 sats (former ATH)
810 sats (potential new high)
Stop/Loss:
340 sats - we would be falling out of the lower channel by then. 250 and 200 should be good re-entry levels!