DigiByte Conquers EMA50, Bullish Breakout (66% Mapped)DigiByte (DGBBTC) is one of our old time favorite and always highly profitable... Prices can't be better right now.
DGBBTC broke above EMA50 and is now showing increasing volume... We are looking at it on OKEX for the first time.
Here we have bullish indicators, MACD and RSI, with the next target sitting at 0.00000780.
After this level is hit, there can be a short retrace followed by a big jump... It can vary wildly, but the bottom line is that we are going up.
Since we like to keep it simple, here is how we profit from the information that you just read above.
1) Buy in.
2) Wait patiently.
3) Sell when prices are up.
That is all it takes... Patience is very important because it is likely that you will have to wait.
Thanks a lot for reading.
Namaste.
(This is not financial advice)
DGB
Depression before disbelief - DGB market cycle coming to a closeThe weekly DGBUSD chart is showing great similarity to the classic market cycle psychological setup, along with multiple touches already this year of the 1 cent support line which is looking weaker by the day as we sit there without any movement.
I'm looking for another leg down into the depression phase that could see the price go as low as $ 0.005
I will be looking to add to my holdings between $0.005 - $0.007
Fundamentally, DigiByte seems to be quietly updating an existing product, that has real world applications, and is setting itself up to be a robust, fully decentralized blockchain for a company to build upon.
There seems to be a new media darling or two every cycle and the large gains, and excitable attention that could surround DGB has the potential to bring in a fresh round of euphoric bandwagoners to boost the price up to the next level. That and getting listed on more of the major exchanges to help with greater liquidity.
My targets for next bull cycle
$0.10
$0.30
$0.50
$0.83
$1.00
$1.30
This is not intended as trading advice. I'm sharing my plan and outlook and welcome any contrary thoughts.
Happy trading, stay safe.
DGB Digibyte DGBBTC Trade Setup 1D TFDGB seems respected to the last waves fibonacci extension levels as 0.618 and 0.5. I predict price will respect 0.786 extension level as well, bounce from 61 sats area. Due to this fibonacci study, target will be retest of 0.618 level but in reality some price action resistances are on its way. After Poloniex exchange delists digibyte, it's now trading at Bittrex exchange with high volume.
DGB possible reversal (LONG)possible double bottom and then increase as has happened in past to this old school token !
potential for nice gains .. just keep stop loss in safe area !
DigiByte Hits Support & Challenges EMA10 | Where To Next?DigiByte (DGBBTC) is one of the strongest and oldest cryptocurrency projects around, solid as a rock.
DGBBTC went on a strong retrace recently and finally hit support.
The support that has been hit is a very strong one, marked on the above chart with a blue dashed line.
Notice that even though this support has been hit multiple times, each time the candle close happens above the dashed line, leaving a long wick. After the support is confirmed we end up having a bullish wave.
Just three days ago this support was confirmed and now we have DGBBTC moving above EMA10, signaling bullish potential. Based on the signals mentioned above, this can be the beginning of a new bullish wave.
Targets in the form of Fib. proportions and EMAs can be found on the chart.
Feel free to leave a comment if you have any questions.
This is Alan Masters, thanks a lot for your continued support.
Namaste.
After a long bearish channel, soon DGB will rise againAfter 190 days of bearish trend, is time for DIGIBYTE to rise again, i think we are almost ready to go out from this bearish trend, in daily i see a bullish divergence and the price right now is near to the upside channel, the chart of DGB is similar to Vechain, so I'm surely almost know what will happen, i think we will see again price around 0,0128 or 0,0161 as maximum, well let's see
DGB LONG TRADEnot financial advice
DGB looks attractive to me here for a 100X swing trade
could take 12 weeks
could take 12 months
stacked some at .0066
There is a possibility for the beginning of an uptrend in DGBETHTechnical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004050 to 0.0000360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004050)
Ending of entry zone (0.0000360)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000460
TP2= @ 0.0000530
TP3= @ 0.0000604
TP4= @ 0.0000767
TP5= @ 0.0000899
TP6= @ 0.0001031
TP7= @ 0.0001219
TP8= @ 0.0001459
TP9= Free
There is a possibility for the beginning of an uptrend in DGBETHTechnical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004050 to 0.0000360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004050)
Ending of entry zone (0.0000360)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000460
TP2= @ 0.0000530
TP3= @ 0.0000604
TP4= @ 0.0000767
TP5= @ 0.0000899
TP6= @ 0.0001031
TP7= @ 0.0001219
TP8= @ 0.0001459
TP9= Free
ALT SEASON - TRILLION DOLLAR PRICE TARGETalt season is just starting to bloom
many alts have already had nice moves
custom stochastic shows a bounce is setting up
a two year bull market is about to begin
a minimum of $1 trillion market cap
cryptocurrencies are going to capture all of the worlds value in some form or another
NOT FINANCIAL ADVICE
PURE OPINION
Digibyte to $150! Carefully shorting DGB, massive potential!Digibyte has hit this channel multiple times, each time has shown massive growth.
Testing the bottom or breaking itDGB, as far the price is concerned, isn't doing well.
Well... at least it's cheaper to buy
DGB BACK TESTED TRADE STRATEGYStacking DGB responsibly (not financial advice)
Apply 50% rule for purchases
- purchase initial position using half the amount you want to invest
- only ever purchase more if the price falls by 50%, using half of the remaining amount
- you have an infinite number of times to purchase
- apply the same formula to any new crypto position
Apply the 10% rule for withdrawals
- sell 10% if position does 100x
- sell 10% (of the remaining 90%) if it doubles from there
- sell another 10% (of the remaining 81%) if it doubles from there and so on
- you have an infinite number of times to sell
Specific example:
- lets say you had $1000 to buy Digibyte in 2016
- maybe you bought at .0008 in the bull run 625,000 ($500)
- in the next 15 months you would have bought 625,000 at .0004 ($250)
- and 625,000 more at .0002 ($125)
- you now have 1,875,000 Digibyte (cost $875)
- in 2018 you sell 187,500 at .04 ($7500) (100x average buy price)
- sold 168,750 at .08 ($13,500)
- now you made $21,000 by selling roughly 1/5 of your original $875 investment.
- the remaining 1,518,750 Digibyte has roughly never been worth less than $15,000 and for a very short window of time it could have been sold for $182,000 in addition to the $21,000 you made along the way.
- but now you have 1,518,750 DGB going into the next bull run.
Stack responsibly
Do you think DGB will 100x, 200x, or 500x in the next bull run?