Long
Digibyte 4 Hour Chart. Breakout
Digibyte is at a crucial breakout point on the 4 hour chart. This saucer formation started on March 12th and we're finally testing these levels today. A move out above this resistance point here should have some legs to get the price to the 3.5 cent level before pausing to at least digest the move. The RSI is flirting with overbought territory so that may delay the upside move but then again, anything can happen. The MACD did have a bearish cross a few hours ago but nothing that can't be reversed quickly.
I have to say, this DGBUSD chart does look bullish and while nobody knows how far this goes, the characteristics for higher prices are showing up in the chart.
DGBUSD
I have to say, this DGBUSD chart does look bullish and while nobody knows how far this goes, the characteristics for higher prices are showing up in the chart.
DGBUSD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.