DigitalNote Price Technical Analysis – One More Collapse?
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DigitalNote Price Technical Analysis – One More Collapse?

THELOGICALINDIAN - DigitalNote Price Key Highlights

DigitalNote amount charcoal at a above risk of one added advance lower as sellers looks set to booty control.

The DigitalNote amount attempted a concise alteration Intraday, but there was a complete abortion acclaimed about 0.00000065BTC. The amount struggled to bright the declared level, and as a result, there was a downside move. There was a bearish trend band on the alternate blueprint (as accent in yesterday’s analysis), which acted as a barrier for buyers and prevented the upside. The amount traded a blow aloft the 38.2% Fib retracement akin of the aftermost bead from the 0.00000088BTC to 0.000000482BTC. However, the trend band adjourned gains.

DigitalNote Price Technical Analysis

As can be apparent from the chart, the amount is beneath the 100 alternate simple affective average, which is a affair for buyers in the abreast term. If there is addition attack to barter higher, again the trend band and attrition breadth ability appear into action. Only if there is a abutting aloft the 100 alternate SMA, there is a adventitious of a move appear the abutting breadth of absorption about the 61.8% Fib level.

On the downside, the aftermost beat low of 0.000000482BTC may act as a support. However, a breach beneath it could be a bearish alarm and ability booty the amount appear 0.00000045BTC in the abbreviate term.

Intraday Support Level – 0.00000055BTC

Intraday Resistance Level – 0.00000070BTC

The alternate RSI and MACD are in the abrogating territory, pointing added losses affective ahead.


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