DGB
DigiByte vs Bitcoin Uptrend ContinuationDuring the past few weeks, Digibyte has been one of the top gainers. After it found the support at 296 satoshis, which is 76.4% Fibonacci retracement level, price jumped up to 685 stoshis and has managed to outperform the Bitcoin by 130%.
Current small correction resulted in a drop towards 540 satoshis, where price found the support at 38.2% Fibs, also rejected cleanly so far. It DGB/BTC stays above that level, without daily close below, the uptrend continuation should take place.
Next upside target is seen at 786 satoshis, the level which previously acted as the resistance level on two occasions. Break above that resistance might suggest a potential trend reversal sending price to the new all-time high.
Nevertheless, if the current support at 540 sats will be broken a stronger corrective wave down should be expected, which should provide a good medium term buying opportunity.
DGBBTC - Price on support The price is on support and trendline. There is a good probability for turn over.
DGB 3H WAVE UPI am not a seller here, but I might add if we see .025 again.
new volume looks like accumulation.
DGB might sprint out in front of the pack as it climbs the market cap ladder.
can't wait to see it pass Zcash, Monero, and the king of fluff Litecoin. Ha!
DigiByte Key Support/ResistanceOn the 6th of November, DigiByte did hit the low at $0.022, where it rejected the 88.6% Fibonacci retracement level. Since then price price went down again, producing spikes below the previous low. However no clear break and close below has been established by DGB.
The interesting fact is that DGB/USD is once again tested this level yesterday, and it has been rejected cleanly. Nevertheless, there is also a resistance established at $0.032, where the downtrend trendline has been rejected.
If the support will hold and price will break and close above the $0.038, the change in trend could take place, where DigiGyte could produce a new all-time high. The very strong resistance is seen at $0.185 area, confirmed by the two Fibonacci retracement levels.
On the downside, it seem that break and close below $0.016 could invalidate the potential reversal and the downside pressure would become much more obvious.
DigiByte VS Bitcoin Uptrend ContinuesOn the 24th of June, DigiByte has found the support at 296 satoshis. This is the level of 76.4% Fibonacci retracement, that was rejected cleanly. After rejection, price went up and broke above the 50 Moving Average, suggesting the continuation of the uptrend.
On a small corrective wave down DGB/USD found the support at 50% Fibs, that was rejected along with the 50 Moving Average and the uptrend trendline. It seems the timing for the buying opportunity is great, although it could be better to wait for the break above the recent high at 419 satoshis.
When/if that happens, price is likely to increase towards the 61.8% Fibonacci resistance level located at 600 satoshis. This could be a potential growth of 50%, which could have just started.
DGB 200X BREAKTHROUGHsimilar patterns to the breakout in 2017.
a considerable amount of time has gone into the consolidation for DGB
it looks like a big move is coming
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.