Digibyte DGB Price & Trade Projection...Risk to Reward 5:1 Setup

TRADE:
ENTRY .0000035-.0000032
TARGET 1: .000006
TARGET 2: .000007
STOP LOSS .0000030-.0000027

Risk to Reward Example:
You buy 10,000 DGB at .0000035 or 0.035 BTC worth
Your target to sell is .000006
Your stop loss at .0000030
If you Lose than you have lost 0.05 BTC (10,000 x .0000005 DGB)
If you Win than you have won 0.25 BTC (10,000 x .0000025 DGB)

So to calculate your risk to reward:
Assuming you buy 10,000 DGB
For each 0.25 BTC gain, you are risking to lose 0.05 BTC
Your risk to reward ratio would be 5:1
That is an excellent ratio.

Here is a write up of my DGB analysis:

I'm seeing many of the alts very similar.

They have bottomed at .786 fibannic
They have created a "Basin" or Wyckoff accumulation phase
They have finished an impulse wave (5 waves up).

Below are two pictures explaining the Mid-Term Projection using Elliot Wave of Digibye DGB.

Below i zoomed in to show you how the Elliot Waves can play out. If you are trading and not long term holding have in mind your stop losses.

Vaughn Pierre is not a financial advisor. I only write these reports for educational and entertainment purposes.