DGB TESTING SUPPORT AT .015testing and confirming support at .015
this has been long term resistance
next resistance would be at .025
DGB
DGB possible scenario 6/1DGB will probably move to the downside and create
a double bottom prior to running up to the upper trend
line and attempting a break out.
Once the Breakout comes, it should go into a full bull run.
Considering BTC appears to be coming down I believe that the alts could follow suit,
optimum scenario would be for DGB to create an Adam and EVE double bottom
then attempt a full breakout after that. I think if a breakout is attempted sooner
it may fail to break out of the existing trend long term trend lines.
DGB 18 AVERAGE OF LOWS & HIGHSbounced off the 18 AVERAGE OF LOWS
HOLDING OVER THE 18 AVERAGE OF HIGHS
it very well may be bouncing up against .05 by the end of this candle
we shall see
DGB COMING UP FOR AIR - TESTING .015finally broke over .015
above 50 DMA
above 200 DMA
50 DMA crossing 200 DMA
looking to hold the .015 on the close today
Extremely bullish on DGB kindaAlmost presented without comment. But basically, last 2 times we saw a monthly "buy" on the market god indicator, thousand+ percent gains ensued in subsequent months. It's about time, too. I am still in disbelief on this one after the bull market, but the community behind DGB is strong and almost relentless, so I'm just gonna keep my bags packed. I'd add more if it weren't for personal extenuating circumstances.
Digibyte | $DGB - $DGBUSD | Are you ready for >$1 ?Exactly the same pattern from history. Will it repeat? If so we are above 1 dollar soon :)
WATCHING DGB 50 MA FOR A BREAKOUT watching for DGB to break the 50 MA
next leg up could last for weeks
DigiByte (DGBBTC) Wakes Up (1360% Profits Potential To ATH)DigiByte (DGBBTC) just woke up after a long, long sleep. This altcoin is one of the first to be created and a complete classic.
It normally holds really strong (no new low) and it tends to go up strong when in bull mode.
Feel free to hit like now and let's get started with this analysis... Thanks a lot for your continued support.
Let's take a closer look at the chart:
Here we have a Doji on the weekly time frame, coming up at the bottom of a trend. A clear trend reversal signal if you go by candlestick reading. Still, a few parameters need to be met but this is the signal.
We are looking at a high volume bar on a Tuesday, this is the weekly time frame we are looking at and the week is only getting started. So this week can end up being a really high volume week. We can end up with something like the highest volume in a week since July 2018.
Next is the RSI, it hit its lowest ever. Notice that DGBBTC has been available for trading on Bittrex since late 2014... So the lowest ever is quite a feast. Here you can see the chart:
This also leads to what is called "hidden bullish divergence"... I'll leave the explanation for another time.
These signals are enough for me. What about you? Is there anything that you want to share with us? Use the comments section below... and remember to hit like to show your support.
Thanks a lot for reading.
You are Divine, in every meaning of this word.
Namaste.
Dgb possible scenarioThe recent drop of dgb required a re-evaluation of the chart. Based on the present information the over all trend date has been moved back about one month, which will in turn should increase the btc run value by approximately 100 sats. As long as the new bottom holds, the August should be the new approximate run time.
Digibytes Future? $8-$10 - Double Bottom just like May 2017
Repeating the same patterns, could POLONIEX:DGBUSD hit $9-$10 end of the year or Jan 2020?
There was a double bottom before May 2017 when POLONIEX:DGBUSD went parabolic. Then another spike in Dec/Jan after a rounded bottom formed. (I already had a buy signal before McAfee tweeted from Dalin Anderson)
Similar parabolic wave pattern in 2015/2016 as well without the double bottom (cause it was a new coin)
There's also talk about DGB being part of the Block 30 ETF
The Future of DGB (Possibly)Digibyte is coming to the End of a very long 2 year chart pattern, typically the end of this pattern results in a substantial bull run. I believe it would be very foolish to continue trading this coin for small gains and a Hodl Mentality should be taken for the next major run. The Tech Behind Digibyte is solid, Probably more so than most of the other alt coins. The DGB community is exceptional and solidly behind the development team. Although there are issues with Binance due to some history in the past with some very dishonorable activities on the part of Binance, and that CZ is to dishonorable to forgive, he has only hurt his business in the end due to DGB holders like me only using Binance for necessary trades when another option isn't available. Which means his company is losing money because of his actions. Not a good Business Practice at all, and it doesn't make Binance look good for its future if they continue down the same path that type of mentality.
Presently DGB is at the Very Bottom of my trend lines and probably a good buy at its present moment for the next run. On top of being more oversold than almost anytime in its history, this is probably the best time to get into an asset that could potentially make you a lot of money very quickly.
A trading opportunity to buy in DGBETHTechnical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 28.
.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00006540 to 0.00006070). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00006540)
Ending of entry zone (0.00006070)
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 the 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= @ 0.00007720
TP2= @ 0.00008310
TP3= @ 0.00009030
TP4= @ 0.00010340
TP5= @ 0.00012210
TP6= @ 0.0001458
TP7= Free
A trading opportunity to buy in DGBETHTechnical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 28.
.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00006540 to 0.00006070). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00006540)
Ending of entry zone (0.00006070)
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 the 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= @ 0.00007720
TP2= @ 0.00008310
TP3= @ 0.00009030
TP4= @ 0.00010340
TP5= @ 0.00012210
TP6= @ 0.0001458
TP7= Free
A trading opportunity to buy in DGBETHTechnical analysis:
. DIGIBYTE/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00016500 to 0.00013250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00016500)
Ending of entry zone (0.00013250)
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 the 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= @ 0.00007720
TP2= @ 0.00008310
TP3= @ 0.00009030
TP4= @ 0.00010340
TP5= @ 0.00012210
TP6= @ 0.0001458
TP7= Free
A trading opportunity to buy in DGBETHTechnical analysis:
. DIGIBYTE/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00016500 to 0.00013250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00016500)
Ending of entry zone (0.00013250)
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 the 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= @ 0.00007720
TP2= @ 0.00008310
TP3= @ 0.00009030
TP4= @ 0.00010340
TP5= @ 0.00012210
TP6= @ 0.0001458
TP7= Free
DGB landing area confirmed!DGB (Digibyte) has been assigned this beautiful green landing area. We got the marching band setup outside;) Happy trading..