DigiByte is dropping again… Or isn’t it?
Dear Promising Traders, although today DigiByte opened much higher than yesterday closure, it immediately started to drop… should we be worried?
In my opinion this is a mere reaction from the strongest of the feelings that many traders (or gamblers I would say) could experience, which is not greed… it is FEAR!
People who saw DGB resuming an uptrend after that incredibly scary drop occurred on 16/09 have decided that they rather sell now that it went this up instead of waiting to make a real profit. I am sure many have sold for a loss as I am sure that all these sales were just temporarily overwhelming the bulls who are now accumulating for the next big move, which in my opinion is not about to occur yet… but will occur.
Thanks for watching!
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DigiByte Technical Analysis
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