Is Digibyte getting ready for a breakout?Is Digibyte getting ready for another breakout? There's a few things on the chart that makes me think it will. All of 2021 it has been in a uptrend. DGB did get a little a head of itself and tried breaking the 200ma. It got rejected we never got a close above it. Since then we've touched the 200ma two other times and swiftly got rejected. We have however formed two higher lows and the last few days the 50ma has been holding very nicely acting as support. We are setting up for a MA cross with the 50 and 200 day which I consider bullish. We've also been holding up in a area where we've seen the buying since pre December.
What I what I want to see to know this trade is intact is a close above the 200ma and it hold for a day or so. I do think we may get rejected at it one more time and form another higher low. If I see a lower low formed below 115 I may possibly consider that the trend has reversed and close the trade.
Best of luck on your trades!
DGB
cup and handle + triangle patternDGB is making cup and handle + triangle pattern
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DGBUSD , suitable to keepHello my friends. Now not good for new buyers just if you already have this, keep it. Totally if breaks the baseband and fib 0.5 as a resistance and the trend line, buy it. Everything is clear on the chart for you. If its useful for you like it please as a support and follow me for next analysis :)
DGB - Ready to put up gains? Long Term Potential 200%++🚀🚀DGB is a coin with some really cool fundamentals behind it and a surprisingly strong fanbase. And decent memes too.
Massive breakout has already occurred with a retrace to the top of our liquidity area. Should be a pretty straight shot moonward from here, minus the occasional retrace which as we've seen just recently can be a real divebomb with DGB.
Buy some, be patient, take profit regularly - and be a wealthy trader.
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.
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.