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DGB: Mid-Day Update: Short & Longer Term Perspectives by hahajin

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· @hahajin ·
$0.11
DGB: Mid-Day Update: Short & Longer Term Perspectives
**SUMMARY**

This is significant because it confirmed the depletion of sellers to the extent that basically not a seller could be found. It's nothing new. A full label of waves, subwaves and pattern is showing a culmination of technical events that is signaling an impending trend reversal. 

This type of wedge has bearish implications and usually the gudiance is that price can fall below the starting point. 
<center><img src='https://s17.postimg.org/4rgqhv1jj/Screen_Shot_2018-03-06_at_11.20.52.png'></center>
***
 IF price goes below the upper white trendline and stays there, then we have a different scenario and analysis will be updated. One reason why triangles are quite common because it allows the price to become time pacman.

 Price is also starting to gap and the direction is upwards. Usually, this signals a sizable rise potential in buying interests. Let's see how the price pans out in the next few days.
<center><img src='https://s17.postimg.org/4rgqhv1jj/Screen_Shot_2018-03-06_at_11.20.52.png'></center>
***

**Legal Disclaimer**: This post is for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this post has been researched and is thought to be reasonable and accurate, I cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
<center><img src="https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV"></center><center><img src="https://steemit-production-imageproxy-web.s3.amazonaws.com/U5dt8BFauhjGURqh8Rn38guHXV9gmrZ"></center>
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vote details (7)
@steemek ·
It's a good buy now.
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