Digibyte: Did You Buy It?Believe it or not this is where DGB is going.
Unfortunately, long-term data as it relates to USD is absent from Tradingview due to the poloniex delisting. However, with a bit of due diligence you can find the missing data from other sources. My guess is that if long-term data for this coin was currently circulating this site, the price of DGB would be already much higher at this juncture.
Also, you can basically ignore the timeframe here, as I had to make some adjustments just to paint a long-term picture here.
A simple fib-extension from $0.0002 back in March 2017, up to DGB's all-time-high @ $.14 (in 2018), mapped back to DGB's bottom of $0.0026 (in March 2020) will give you this chart.
Digibyte has so much room to run. This is just the beginning. I'll map out some future price points below as it relates to market cap.
Marketcap -------------- Price
$1.3 billion -------->> $0.093
$2 billion -------->>> $0.14
$3 billion -------->>> $0.21
$5 billion -------->>> $0.36
$10 billion -------->>> $0.72
$14 billion -------->>> $1.00
(As usual, this is not financial advice ;)
DGB
DGB/BTC Potential +300% ProfitLooking at the weekly we have been holding the bottom support for years now. We had a little run up that bounced off the previous red support (turned resistance) and retraced back to the long term support and double bottomed more or less (hopefully). We are looking close to a MACD cross as well. I am expecting another run up to the red resistance, possibly where it coincides with the horizontal dotted resistances. If we just hit it again it'll be roughly a 300% profit.
DGB has always been a coin I have thought was extremely undervalued, although that could be due to lack of marketing and hype. Regardless, it looks like a good risk/reward to me.
This isn't something I expect to happen overnight btw. Just a coin I put a bit into for a long term trade.
Disclaimer: I am not a professional. Trade at your own risk!
DigiByte... What Would You Tell Your Kids If...DigiByte (DGBBTC) is looking great right now, especially if you compare the chart to how it was looking two weeks ago.
Imagine going into the future....
What would you tell your kids if they asked why you didn't buy crypto in its early days...
What about Siacoin and those other altcoins that are bottomed and yet to move?
This is just a joke of course, but what would I tell myself if I fail to buy knowing again that the price will move?
Enjoy the bullish market.
Remain patient, do not get excited.
Take your time to make every single decision.
If one opportunity is lost, wait patiently because another one will show up.
Wait for prices to be stable; buy around the lows and support.
Do not join when there is strong action ongoing, to either side, it is better to have a strategy and be prepared before trading anything at all.
This is Alan Masters...
Thanks a lot for your support.
Namaste.
DigiByte - Hypothetical WedgesSo far only the falling wedges has came to fruition
The broadening wedge can be established from previous price action within the falling wedge
Alike with the Rising Wedge
We can use these wedges to establish a TP in the short term - medium term.
Looks very stable at this price level
Entry is appropriate for medium term
EMA 50 x EMA 200 is ready to cross!1) After 117 days with EMA 50 below EMA 200, #DGB is ready to cross;
2) EMA 50 above EMA 200 turn $DGB to bullish;
3) RSI holding strong on 50+ level;
4) Neutral MACD;
Big movement coming!
Put your seat belt on
EMA 50 x EMA 200 almost crossing!EMA crossing will turn 4 hour chart to bullish mode (REVERSAL point).
We don't see EMA 50 above EMA 200 since October 2020 (110 days).
Digibyte holders have waited so long for this moment. :)
Enjoy
DGBBTC a big bullish setupStrong rejection line:
On the weekly chart, the Digibyte with US Dollar pair has found a strong rejection line. After the recent rejection the price action is breaking down the weekly 25 simple moving average and it can re-test the 50 SMA.
Harmonic BAT move:
On the 2-day chart, the price action of DGB is completing the final leg of the bullish BAT pattern. When the price action will enter in the potential reversal zone of this pattern, then it can also re-test the 50 SMA on the weekly chart.
EMAs and Shark move:
Now I would like to recall a big bullish Shark move that the price action of Digibyte has completed with Bitcoin pair. The price action is moving below the EMA 10 and 21. We need a bull cross between these two EMAs at least on the weekly chart for any big rally to the upside.
Ichimoku cloud:
The price action is moving below the Ichimoku cloud on the weekly chart, this cloud has turned bullish. Therefore if the price action will start bullish divergence from the potential reversal zone of Shark then it can also easily breakout the Ichimoku cloud.
Conclusion:
Even though the price action has entered a potential reversal zone of a big bullish reversal Shark pattern but we need a moving average cross over at least at the weekly chart for any big move to the upside.
DGBDigibyte is a solid Blockchain project standing out in this crypto space in 7 years.
it broke down on a Head and shoulder.
Think we are at bottom. Showing good rsi divergence
Think we heading for gains over 100% soon.
DGB in great positionI've been trying to find a coin at the bottom of a triangle to avoid buying at break out and this is it. Moreover DGB is a great project and I believe that very soon there'll be an annoucement about their software.
Most important: it's a coin which held pretty well the BTC dumps of the recent days, should BTC dump again you could have the time to sell without losing much.
DGB/BTC Dont miss the pump, most Binance coins have pumped or are starting to move. Scanning coins that are still in a downtrend that potentially can give us some gains! DGB is super popular and CT raves about DGB and how great it is, nonetheless its dumping and I would not want to be holding this.
Looking for some bullish signs before I jump in a position
1) Find some support
2) Break downtrend market structure
3) Candlestick bullish variation
ect ect
Jumping in now you can still lose 50% of your BTC value, that aint happening. Especially in a bull run. Use stops, stack sats.
On the weekly using 4/9 EMA for a golden cross could be a good entry for a longer position but if you want to try to catch the bottom will need to use a LTF!
DGBBTC 50% profitHello to all:
DGBBTC analysis. Great opportunity to get 50% profit.
It is important to clarify that this is not investment advice, make your decisions at your own risk, responsibility and investigation,
After the analysis that I have made to DGB, it is evident that it has been supporting in the EMA of 20 in the graph of 4 hours, in addition, previous days I enter enough volume to the rise, indicating a clear opportunity to go to touch the levels of fibonacci of 0.50 as minimum, giving a 50% as minimum of gain.
On the other hand, it is clear that at this time is in minimum waiting to break the trend line with considerable force, and its price has been consolidated in that area only waiting for the end of the accumulation period.
open position: 0.00000074-0.0000077
Take profit 1: 0.00000089
Take Profit 2: 0.00000101
Take profi 3: 0.00000112
For more patient profiles and with willingness to wait a little longer, you can leave an order at
Tape profit 4: 0.00000156
If you liked the analysis, and you want to support me, you can make a donation to the following address of BTC
bc1qdql7y065acw98jcr8ag86re7enq0l69xzkcm4r
140 days downtrend breakoutDigibyte broke 140 days downtrend and now is fighting to break the strongest resistance, U$0,032.
We need more volume to break it.
The second resistance (U$0,037) isn't too dificult to break.
Daily candle closing above to U$0,034 will put Digibyte to mega bullish phase (best moment to entry).
Ps: If bitcoin corrects strongly, the price of altcoins will fall.