Total Quality
Score
0.0091
0.0027000000
0.05
DGBUSDT
1H
The analysis of DGBUSD on a 3-day timeframe identifies a running flat ABC correction pattern since 2018. An ABC down move completed in early 2020, followed by a three-wave move sweeping the highs forming a B wave, and a five-wave move completing a running flat correction, finding support at the 0.786 Fibonacci level. It is observed to follow reactions off the 0.702 and 0.786 Fibonacci levels. Massive accumulation around $0.0027 price levels for a little over 1000 days suggests a potential upward trend. The analysis suggests a manipulative move could occur down to the 0.702 and 0.786 Fibonacci levels. It is mentioned a possible rally towards a range between 0.034 and 0.083, with a potential breakout toward new highs (0.48 for diagonal target), before dropping to about $0.005 for backtest.
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