DigiByte to $0 005

DigiByte to $0.005
Dear Promising Traders, this is the chance to discuss about how to manage your positions.
As a professional trader you always want to have your stop loss in place.
In this case, if I had played DigiByte myself, I would have taken a 3 to 5% loss of my capital because I was wrong, but I would now know what position to take, possibly recovering immediately my loss by playing in the right direction.
One thing that you don’t want to do if you are a professional trader, is holding a losing position… Also, you don’t want to enter a long position when the market is going up like crazy, that’s a sign that you may want to enter a short position soon.
As for the analysis of today I foresee DGB to rally up to around half way through the big red candle and then keep dropping, and that’s really it…
Thanks for watching!

GET THE OFFICIAL CANDLE SCANNER FOR TRADINGVIEW DEVELOPED BY ME:
https://promisingtrader.com/go-candle-scanner

—————————————————————-

DISCLAIMER: The content provided is NOT investment advice, I am NOT a financial adviser, and these are my mere opinions, you should do your own due diligence before embarking in any tradings as this is a very high risk system to make money.

Please, be aware in mind that if you use my links you will also support me in this project without actually spending a single dime. Thanks in advance 🙂

Where to follow me:

Website: https://promisingtrader.com
Subscribe: http://bit.ly/youtubepromisingtrader
Twitter: http://bit.ly/2WpI1cj

DigiByte Technical Analysis
#DigiByte #crypto #DGB

Post Author: CoinCryptoNews