DeepBrainChain Market Analysis (+50% / +450% targets)

in #cryptocurrency • 7 years ago (edited)

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Market Analysis
Dbc is sitting at the bottom of a wide accumulation range ( 900-1300 sat), support held and we had a little bounce. Volume is decreasing and we can draw a descending triangle in RSI, typical scenario before a pump. RSI also lay on a good support. A break up will bring the prince straight to 1300 range (+50%). It will need an important push to break that resistance, but if it will sky ( +450%) is the limit.

Be careful because market is still unstable, if btc fall it will bring dbc down with him. Stop loss around 850 (5-6% ).

Great risk reward ratio of 8:1 with 1300 target.

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#bitcoin #crypto #dbc #deepbrainchain
7 years ago in #cryptocurrency by
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