DigiByte LONG term Multi-Algo and price movementUsing fundamentals, historial time vs price, math, and geometric coordinates to predict price movement.
Coins with a long standing history have a great chance to grow exponentially. DGB is a great asset in terms of security, speed and community support.
My opinion and for educational purposes. Please do your own research.
DGB
Ready for Happy Hour?In my previous post you could see IF or WHEN DGB will repeat it self, now we follow the hourly trend downwards in the descending triangle.
RSI is weak, volume is weak... which could all result in a great buying opportunity! Buy 1 DGB and get 2!
BTC is the market leader, if that is weak... the rest is weak IMO. It appear BTC is testing the 5,9k - 6.0k range now, if it breaks... brace for impact due to the lack of underlaying volume.
That could result in us touching the orange buy box to stack up our pile of DGB.
Let's see what the weekend market wil bring us.
Trade SAFE and don't FOMO!
/M
DGBUSD Double bottomFound this textbook double bottom for the DGBUSD pair. Additionally, it seems it also completing a C&H pattern. (cup and handle) If the trend continues, a target close to 8 cents is in the cards. This pattern is cancelled if it drops below already marked support line.
**NOTE** I am not an experienced trader. I am an investor learning TA. So please, take it easy on me.
**DO NOT use my published ideas for making decisions.
Recommendations are welcomed, trolls are ignored.
$DGB - DigiByte next 4 weeks.DGB-BTC Buy on the bottom and hold. best coin for portfolio.
Buy : 440-460
Sell : +600-800
Profit : +30-60%
The Quest for more volumeVolume, volume... volume! That is what we need at the moment, the small buy or sell orders control the markets now. The believe has to get back in to crypto, that is also visible in BTC at the moment. The contracts make it so volatile, it is not possible for the average Joe to trade or to build up a nice investment.
Let's hope we hold this level of support... but judging by the overall market we might end up we a new buying opportunity to gain some more DGB.
Safe trading and don't FOMO!
/M
The DGB Reversal!DGB has been up and down over the last few weeks making it exciting for short traders - and terrible for long positions.
BTC has started to move in a more positive direction and we have seen DGB move in reaction to what BTC is doing.
Yesterday we hit 468 before bouncing up - today it looks like 450.
DBG will hit 500 again with or without BTC help. This is an excellent time to take a buy positions.
DGB Falling Wedge2 Scenario's Expected
1. A rebounce from the support at around 460 sats and started an elliottwaves upward reversal trend.
2 . Closes below the support at around 460 sats and continue further its continuation pattern.
RSI : 41.2168
Below the 9 DEMA.
Entry Level : 452 sats - 470 sats
Possible Targets :
T1 : 504 sats
T2 : 532 sats
T3 : 554 sats
T4 : 577 sats
T5 : 609 sats
StopLoss : 406 sats
Good Luck.
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$DGB, Dip Then Moon
Weekly
Looking at our trend timeframe we see price broke out of its double bottom and was rejected at 625 satoshis, stochastic rsi showing momentum remains in favor of bulls. Although momentum is heading towards the upside, we may have temporarily peaked and should be expecting some consolidation at this level on the smaller timeframes before heading to the moon.
Shifting over to our pattern timeframe we see price formed a lower high at our 550 level and has since continued to push towards the downside. Support levels at 450 400 and 350, expecting a drop towards our 350 level leaving us with a double bottom in this zone. A daily close above 500 activates our trade, or a bounce off 350.
The Quest for a cup of tea at .618?Digibyte... the road to .618 for a cup of tea?
Almost sounds like a magic quest for a treasure to be found. The obstacles to overcome is the poor volume in the overal market at the moment, there is a lack of confidence in the current crypto market in general.
Slowly but steadly we are following the wedge to meet the magical .618 of the previous all time high. The two double bottoms and a possible cup & handle forming could result in a even bigger Quest to meet the .5 level at around 8 cents. The centiment & the volume have to increase in order to follow to road to 64% possible gain of the C&H pattern. Still staying sceptical at the moment, Digibyte seems to follow the big daddy Bitcoin. If this a bull run in bitcoin to meet possibly 8K I could see this quest for 8 cents getting a better chance of succes. If we are ending up in a down trend, the C&H pattern is not confirmed and it is brace for impact to meet possibly the black line again.
Feel free to comment, this being my first attempt publishing here on Tradingview.com
Cheers!
DGB/BTC: EOY 18 - BOY 19, Bull RunWhile BTC makes up its mind this year I believe alts will do some more accumulation and consolidation before they make heavy gains against BTC. Also, October timeframe is interesting as that is the last month for U.S. IRS tax extensions to be paid. Everybody who was going to sell should have already sold. Those who have been buying from those sellers should have had enough time to accumulate. Things should be primed for a pump around that time. Just a thought, but see the DGB/BTC chart for further details.
DGB/BTC - 6 Month Trade, Min 1000 Sat TargetExpanding upon my last long term idea, DGB/BTC looks great on the monthly. You can see it is forming a larger ascending triangle. There have usually been 1-2 months of green candles, followed by 1-2 months of red candles. The next month could be red or green, but then followed by one last red IMO. After that, all systems go.
There is a lot of talk about BTC going to 100K and Digibyte possibly reaching $1. This theory allows for both to happen simultaneously. I would try to buy DGB/BTC on the trend line if you are patient enough. After this past month being such a profitable month, chances are we will eventually have another corrective month before launch time.
This also goes along well with my theory about the end of summer/beginning of fall being the start of the next cycle for cryptos. (U.S. tax extensions in October, ETF decision delays, etc.)
DYOR and take it for what it's worth. I am currently invested in DGB and have a bullish bias for the project and its future growth.
DGB/BTC Painting A Bull Flag - Next Target 800 SatsBTC is doing well right now at least for the short term. I expect it will consolidate and make another decent move up in the coming days/week(s). So, alts should be a relatively safe bet during this time. Love DGB, and it is currently painting a bull flag. Let the RSI cool off for another day or so and then enter. Working off the length of the pole, target would be roughly 800 sats.
Enter: 525 - 550
Sell: 750 - 800
Stop: 500
Keep it simple. Good luck!
Digibyte - Two Possible Situations.Digibyte looks to be doing 1 of 2 things. It either breaks the neckline and finishes the "W" Pattern. Or it comes down for a triple bottom and takes off from there.
Time will tell.
DGB 18H EMA PUSH HIGHERdigibyte pushing through the 18 EMA high looks bullish
RSI is coiled back to run
we may be looking at a massive move to the upside in the coming weeks
DGB ROOM TO RUNdays of consolidation has given the RSI time to rest and recharge
whether the market is ready or not, digibyte is ready
The long is too obvious. intraday consolidation needed dearlyContrarian style tells me fake break down to test 500 satoshi demand level before 650 level LONG is broken. Godmode shows exhaustion. Will test 900 satoshi for take-profit
Long @ 650 satoshi
DGB is top 10 @ solume.io
Incredibly bullish sentiment