DGB
DGB Digibyte Weekly Breakout ConfirmedResistance shown in the red, strong between 695 and ~830. Pushing through that could see a real power move with only a few speedbumps along the way. DGB has a lot of potential, if only it can shake off its crypto noob image and see some real marketing. The tech is there.
Digibyte waking up? Next weekly candle will tell allPreliminary targets set for 695, 860, 1050 and then moon.
A short term DGB analysisWhat a great day it has been. We're not out of the woods yet IMO. But things are looking swell.
I see confluence with resistance levels that we recently broke through (green line, intersecting with fib level.) A close above that would be somewhat bullish if you ask me, as we re-enter the rising wedge shape. I don't foresee much consolidation given the bull volume on the last few candles that we have seen. But it will consolidate, as we are overbought on the 4h. However, I as a holder I like to zoom out to the daily and weekly preferably, where I can still see much more room for upside before consolidating.
Also, I follow DGBAT on twitter. One of their members made a comment that led me to believe native wallets will be enabled on Abra's mobile app, which would be killer!
Link to tweet: twitter.com
That is my opinion, speculation, whatever, but it sounds good whatever it is! DGB's voice is being heard.
DIGIBYTE: ATOMIC WALLET & VERTPIG LISTINGS - PROFIT = 40.40%!Our "Crypto Bottom" Trading Indicator has correctly identified a buy in point on the 24th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 40.40% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Abra the first and only all-in-one app adds Digibyte to its app (Abra is an app that allows users to buy, sell and store over 20 cryptocurrencies and 50 legal currencies)
April 4: O kCoin (Korean cryptocurrency exchange) adds support for Digibyte.
April 6: Exodus Wallet adds Digibyte support.
April 14: Proposal that Digibyte will fund David Hay's Cúcuta humanitarian project.
April 18: South African cryptocurrency exchange Artis Turba adds Digibyte to its list of tradeable cryptocurrencies.
April 25: Digibyte releases their Android wallet.
April 25: Digibyte officially announces Digi-ID (integrated with their wallets). This is a DigiByte Blockchain-powered authentication service that can be used to replace username & password combinations and even 2FA. This allows users to register and login to any website or webshop with a single click or QR code scan.
April 26: Digibyte announces their IOS wallet (beta).
April 30: CryptoLark (Youtube Personality) has interview with Jared Tate (founder and creator of Digibyte). This has generated publicity for the cryptocurrency.
May 4: Okcoin (Korean exchange) lists Digibyte.
May 7: DigiByte annnounces that is now ready for cross-blockchain The Blocknet (The Blocknet orchestrates dapps and smart contracts into a "token ecosystem" via blockchain routing & decentralized exchange).
May 31: The NASDAQ for encourages investors to look at the DigiByte via their article: "20 Cryptocurrencies to bet the house on".
June 4: Digibyte gets mentioned in a Techcrunch article.
June 5: DX 0.08% .Exchange adds Digibyte.
June 5: Guarda announces support for Digibyte.
June 6: Livecoin (cryptocurrency exchange) adds the following Digibyte trading pairs: DGB/ETH, DGB/USD and DGB/EUR.
June 6: Digibyte announces that Digiwallet RC7 (Android) has an 86% adoption rate and is 100% crash free.
June 7: Jaxx wallet announces support for Digibyte.
June 11: Instaswap lists Digibyte.
June 14: Maple Exchange lists Digibyte.
June 18: ezBtc Exchange lists Digibyte.
June 21: LINDA mobile/web wallet adds support for Digibyte.
June 22: OOOBTC Exchange announces that it will list Digibyte on the 25th of June.
June 22: Changenow Exchange lists Digibyte.
June 23: Digibyte adds the possibility of a proof of stake function to Digibyte.
June 27: Digibyte gets added to the Atomic Wallet. This allows users to access the Atomic Swap Decentralized Exchange.
June 27: Vertpig exchange lists Digibyte.
The positive developments have led to the increase in demand for and hence the price as well as the general recovery in the crypto markets.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)***
DGB stares down the bear.. ETC, XBT, ADA, LTC, ETH, DASH runDGB holding up really well...at least in relation to the rest of the market....for now. Interesting to see how it plays out going forward.
Just wanted to post a comparison... DGB fell harder than most 2 days ago, but since, has held it's ground among the best of cryptocurrencies. Up 17% since the June 24 low.
ETC did well also, until the last few hours. The others, XBT (BTC) , ADA, LTC, ETH, DASH have faltered...almost as far as their previous June 24 lows, especially for DASH.
Thought it was interesting...whether you'd like to trade a stronger coin, or more of an oversold one.
Personally, especially with the divergence on the indicators, I'm adding some DGB here...some for the hodl account.
In order from best to worst on the chart.... Digibyte, Ethereum Classic, Bitcoin, Cardano, Litecoin, Ethereum, Dash
Travis
JMJ - UIOGD
DGB/USDSince we've seen a repeated patern in DGB, I've made the following chart showing when will it moon to +200%. I've elaborated this chart mathematically with parcentages and several calculations. I really think it will be like that so, if it Works, we'll see a PUMP starting on the 03/07 approximately.
Leave your opinions in the comments below.
DIGIBYTE: EXCHANGE LISTINGS & POS RUMOUR - PROFIT = 18.18% !!!Our "Crypto Bottom" Trading Indicator has correctly identified a buy in point on the 24th of May 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 18.18% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Abra 4.00% the first and only all-in-one app adds Digibyte to its app ( Abra 4.00% 4.00% -3.33% is an app that allows users to buy, sell and store over 20 cryptocurrencies and 50 legal currencies)
April 4: OkCoin (Korean cryptocurrency exchange) adds support for Digibyte.
April 6: Exodus Wallet adds Digibyte support.
April 14: Proposal that Digibyte will fund David Hay's Cúcuta humanitarian project.
April 18: South African cryptocurrency exchange Artis Turba adds Digibyte to its list of tradeable cryptocurrencies.
April 25: Digibyte releases their Android wallet.
April 25: Digibyte officially announces Digi-ID (integrated with their wallets). This is a DigiByte Blockchain-powered authentication service that can be used to replace username & password combinations and even 2FA. This allows users to register and login to any website or webshop with a single click or QR code scan.
April 26: Digibyte announces their IOS wallet (beta).
April 30: CryptoLark (Youtube Personality) has interview with Jared Tate (founder and creator of Digibyte). This has generated publicity for the cryptocurrency.
May 4: Okcoin (Korean exchange) lists Digibyte.
May 7: DigiByte annnounces that is now ready for cross-blockchain The Blocknet (The Blocknet orchestrates dapps and smart contracts into a "token ecosystem" via blockchain routing & decentralized exchange).
May 31: The NASDAQ for encourages investors to look at the DigiByte via their article: "20 Cryptocurrencies to bet the house on".
June 4: Digibyte gets mentioned in a Techcrunch article.
June 5: DX.Exchange adds Digibyte.
June 5: Guarda announces support for Digibyte.
June 6: Livecoin (cryptocurrency exchange) adds the following Digibyte trading pairs: DGB/ETH, DGB/USD and DGB/EUR.
June 6: Digibyte announces that Digiwallet RC7 (Android) has an 86% adoption rate and is 100% crash free.
June 7: Jaxx wallet announces support for Digibyte.
June 11: Instaswap lists Digibyte.
June 14: Maple Exchange lists Digibyte.
June 18: ezBtc Exchange lists Digibyte.
June 21: LINDA mobile/web wallet adds support for Digibyte.
June 22: OOOBTC Exchange announces that it will list Digibyte on the 25th of June.
June 22: Changenow Exchange lists Digibyte.
June 23: Digibyte adds the possibility of a proof of stake function to Digibyte.
The positive developments have led to the increase in demand for and hence the price as well as the general recovery in the crypto markets.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)***
Window for DigiByte to break above the cloud!On the daily chart, DGB just bottomed out on the RSI, and has a month long gap to break out big time do to a short support cloud, despite whatever BTC does. If DGB can rise to ~3.5 cents, there will be no resistance between it and the moon. DGB will likey hit the dollar sooner than later. Please share your thoughts in the comments.
DGB VOLUME AND SUPPORTvolume at all time lows
selling at all time lows
buying pushes the price up at the minute to minute level and will certainly translate to new highs when additional volume comes in.
Thanks To Whoever Sold To Me at 300 Sats - 10% Gain Already.Volume on DGB was up today an brought us out of the low of about 300 sats - where I hope you all took a position. Its been a steep ride down for DGB and I personally have bought the whole way down preparing for the recovery.
What we are seeing with DGB we are also seeing with BTC - a double bottom reversal that over the next few days will likely thrust DGB back up to higher levels. 420 sats by the end of the week is easily within our grasp.
DGB is one of those coins that can post double digit percentage gains very quickly -weve seen a 10% swing today already. As we can see with the current reversal taking place - we are definately moving up in the short term. I expect we move into the 400s before we see a major change in momentum and another possible dip down before a permanent recovery.
Shorting this currency is not for the faint of heart. I personally believe in the project and hope for the best - but as a trader I know the rhythm of DGB.
As BTC recovers DGB will recover faster - paying back the temporary losses we've all taken - and rewarding those of us who continued to buy as rumors of doom and gloom abound.
From a technical standpoint - there is evidence to support a DGB recovery - and lots of upside for stakeholders. If you've been trying to time the market for DGB - I'd buy now - we might never see these levels again.
DGB NEXT MOVEsuper consolidation at these levels.
the case for upside seems pretty strong.
regardless the next move is likely to be a strong one.
$Digibyte, $DGB Last Stop Before Moon
Weekly
Looking at our trend timeframe we see price respecting our major downtrend and uptrend support, DGB is now at a critical point. Momentum showing us we are heading towards the downside and not slowing down, price should be following. Expecting a drop towards our major support zone 250 satoshis
Daily
Shifting over towards our pattern timeframe we see price respecting our bearish parallel channel structure, however major support has been broken and we should be seeing a drop towards 200-275 satoshis. Momentum heavily shifted towards the downside with no signs of slowing, this could be our last dip before we head to the moon. If we do not drop towards this level a daily close above 425 satoshi on the daily activates our trade.
DGBBTC Great fundamentals and possible breakoutIt is a perfect moment to buy this coin cheap. Technical and Fundamental analysis are great.
DGB is in the triangle now it is going to break from it up or down around June 14th. However we forecast that the price will move upward as there are two great fundamental motives.
- Hard Fork on June 21st
- New Exchange Listing on June 30th
Systematic and specific risks are medium. It is a mid term trading recommendation. Buy in the suggested zone sell closer to the dates of events.
Digibyte is almost ready for some Big Move.Hey, I am back with another technical analysis, this time looking at Digibyte.
Okay, so I was just looking at almost every crypto and found this interessting due to this nice pennant that has occured.
Pennants pretty as this one suggest some big move is about to happen, pennants are short term patterns up to 8 weeks which is exactly the lenght of this one.
So what does Indicator says, will it be bearish or bullish move?
Well, overall RSI is pretty high whole time even when Bitcoin was falling, notice how each time RSI is higher than 70 for a month, than it most times drops under 70. But about our situation DGB is looking good in demand, found support at 44 level, which is a good sign , lets see how this will evolve.
Moving on the MACD, until today the sellers are dominant for 30 days, can this trend continue for so long ? Well it looks like the sellers are slowly losing their dominant position and buyers are coming back to the scene. MACD about to give buy signal, lets see how strong the impulse will be.
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my Discord channel!
Hope I made your view on whats going on with Digibyte somewhat clearer.
If you like this Technical Analysis let me know in the comments, Likes are aprreciated, Thanks !
If I see something worth to share on the chart I will surely do an Update.