DGB .038 BATTLE ZONEonce resistance, may soon be support
this market is heating up
there can only be so much stealth accumulation before the market moves higher
DGB
DGB Target 685 SatoshiGreat quick trade for those looking to take profit
I would keep my eye on this coin.
Great technology | Decentralized | New Marketing Announcement | Mobile Wallets |
Lots of coins are discounted right now, take advantage.
Trade Active @ 543 satoshi
This is a LONG position for me.
Confirmation of break out above .328 neckline of #InverseHeadAndShoulders
DGB is a great project and is finally getting some Marketing.
www.reddit.com
What makes DigiByte More Secure?
Global Decentralization
The DigiByte blockchain is spread over a 100,000+ servers, computers, phones, and nodes worldwide.
5 Mining Algorithms
DigiByte uses five secure and advanced 0.00% cryptographic mining algorithms to prevent mining centralization compared to single algorithm blockchains.
Advanced 0.00% Difficulty Stability
Difficulty adjustments protect a blockchain from several forms of malicious attacks. By creating and implementing DigiShield & MultiShield, DigiByte has the most advanced 0.00% difficulty stability of any blockchain in the world today.
Tip jar below if you feel so inclined. Happy Trading
DGB
DK9Y9ucKwn7t1n31scBkvzcM8ithE6V2as
LTC
LNhSfV6txD1y5W7G93wess9mNvPZFxrkDH
DigiByte Rejecting Support - What Next?Recently DigiByte found the support at 88.6% Fibonacci retracement. It has been trading there for 4 consecutive days, and although it tried to break below, daily close always stayed above that level.
At the same time DGB/USD reached the bottom of the descending channel and for the past 4 days price has been steadily moving up. Now DigiByte is approaching the 88.6% Fib resistance, that corresponds to the upper trendline of the descending channel as well as 50 Moving Average.
So, the $0.027 could be the key resistance level that could help to determine further price direction. Break above should result in the uptrend continuation, although the corrective move down first is likely. But on the other hand if resistance is rejected, DGB cold move down towards $0.02 support to form a double bottom and potentially even lower.
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.