DigiByte (DGB) Support Found... Final Call (100%+)DigiByte (DGBBTC) peaked 15-Feb. and later started to retrace... It looks like we finally found the support.
As prices corrected, first, the 0.618 Fib. retracement level was activated which coincides with the EMA50 magenta line.
Prices shortly consolidated (went flat) and now are moving back up.
Today we see DGBBTC back above EMA10 and starting to move up.
We have bullish indicators... This is the final call.
Additional details on the chart.
Namaste.
DGB
DGB tighteningDigibyte is on the crossroad
The price have consolidated, the volume is low, might be the calm before the storm.
DGBUSD | Bullish trend continues.After the correction, the $DGB continues its bullish movement. The support lines seem to be reasonably reliable. So we can expect the next rising move with the aim to surpass the previous historical high.
Long-term target $0.12-0.135 or even higher.
Short term outlook for DigibyteDigibyte seems to be ready for another move to the upside here.
It has been consolidating nicely since hitting 9 cents a few weeks ago.
In the bigger picture, DGB has been moving sideways for almost 4 years and is ready for an explosive move soon. Remember, price discovery mode kicks in around 14 cents so be ready for a huge impulse wave up after achieving new a new all-time-high.
The speculative short-term forecast here is based off a recent fractal that dgb seems to be repeating. Time will tell.
(not financial advice ;)
Digibyte and it's rise to fame!Digibyte IMO is one the best projects in the crypto space especially at it's price point. It is extremally undervalued at the moment and has lots of room to grow. Great fundamentals and the now the technicals are screaming BUY! The RSI has shown strength and stayed above the 50 on the weekly and is looking to make a new high hopefully in April.
What is digibyte?
decrypt.co
Full disclaimer, I do own digibyte and fully expect it to rise this year substantially.
I am also not your financial planer, do your own research and invest responsible.
DigiByte (DGB) Bull signalDigiByte has retraced to the golden pocket (0.618-0.65 fib level) and is now consolidating at the 0.5 fib level between the 100 and 200 EMA.
As soon as DGB flips the 100EMA to support the bull run will resume.
Now is the time to load your bags. Keep stops in place in case Bitcoin dumps and takes the market with it.
DigiByte (DGB) Bull signalDigiByte has retraced to the golden pocket (0.618-0.65 fib level) and is no consolidating at the 0.5 fib level between the 100 and 200 EMA.
As soon as DGB flips the 100EMA to support the bull run will resume.
Now is the time to load your bags. Keep stops in place in case Bitcoin dumps and takes the market with it.
DigiByte uptrend not broken!We can see the original uptrend for DGB is not broken yet! BUT we are very close to do so, once we go below .05 i think there is not going back up again.
our only hope is for BTC to start pumping.
lets pray!
Digibyte with BTC pair formed Cypher for upto 72% profit rallyHi, dear friends, hope you are well, and welcome to the new update on Digibyte coin.
On the daily time frame chart, the priceline of DGB with Bitcoin pair has completed the formation of bullish Cypher pattern and after hitting the spike in the buying zone it has moved up but I am expecting that it will give us another opportunity to catch it from this potential reversal zone level. There are also 50 and 100 simple moving averages supports in the potential reversal zone.
This trade has a big profit possibility of 72%, and the loss possibility is 17%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
DGB trend breakWe can see DGB downtrend break at 0.58 aligning with previous support.
Now new resistance is made, hope to bounce a couple times and then break it leading to ATH
Sideway accumulation zoneSideway accumulation is being done;
MACD is going to neutral (confirming accumulation zone/ healthy correction);
Stoch RSI is ready to go;
RSI is holding 22 days above 50;
Digibyte is holding 22 days above EMA 50;
The chart remains bullish.
I'm seeing 2 scenarios:
1) Accumulation for 2~4 days + uptrend breakout or
2) Another bear trap touching EMA 50 and skyrocketing fast (14 Feb scenario).
Target: U$0,10
Sideway accumulation zoneSideway accumulation is being done;
MACD is going to neutral (confirming accumulation zone/ healthy correction);
Stoch RSI is ready to go;
RSI is holding 22 days above 50;
Digibyte is holding 22 days above EMA 50;
The chart remains bullish.
I'm seeing 2 scenarios:
1) Accumulation for 2~4 days + uptrend breakout or
2) Another bear trap touching EMA 50 and skyrocketing fast (14 Feb scenario).
Target: U$0,10
DGB/USD - Still On Track For ATHThis ones a little harder to read on the weekly, but after examining in smaller timeframes, I believe this subset 5 wave count of a larger 3 wave movement to be accurate. I was hoping that BTC on its' 5th of the larger 3rd would push a little further than it did and take DGB to ATH, but it didn't seem to quite get there. But, regardless, we are on track and will get there with the final 5th wave push. I do potentially see further downside with BTC which would take DGB down one more leg on that C wave into a great buy zone.
DGB Elliot Waves? Sleeping GiantDGB is a sleeping giant, fastest UTXO blockchain 7-year-old stable project.
560 Transactions/Second
15 Seconds Block Time
5 Mining Algorithms
21 Billion DGB Max Cap
Real-Time Difficulty Adj.
DigiByte is described as having the fastest block generation speed of all public UTXO blockchains (Bitcoin, Litecoin) in operation today.
Digibyte also implemented its pioneering DigiShield and MultiShield technologies to manage the difficulty stability and protect itself from recurring malicious attacks.
DigiByte also wants to beat its competitors by establishing the fee pricing plan that is supposed to bring down the transaction costs for end-users and businesses to the lowest level possible (approximately USD$0.0003 per transaction).
This coin has a very bright future. Blessings
DGB/USD - Path Back To ATHWe are currently riding a subset wave 3 of a larger set wave 3. Minimum target is the 3.618 fib extension of the larger sets wave 1 movement putting us at previous ATH of .14.
