Accumulate DGB??? YES! LONG TERM LONG!Unfortunately DGB seems to be in a downward trend. This is despite the recent public attention it has been getting.
DGB has recently hired a marketing firm to better public awareness, DGB is releasing iOS/Android wallets, DGB is being built on with DAPPS such as Loly, DGB is soon to hard fork to update and better the mining algos and a few other parameters to better decentralisation and the security of the network and finally a one click miner is even being developed by DGB enthusiast Patrick Wieland.
www.reddit.com
Above regarding marketing. Marketing has been one of DGB biggest weak points and this should help remedy the problem.
youtu.be
Above regarding mobile wallets. The current mobile wallet - android - has long been outdated and ios/android lite wallets will open up a whole new market in develop-ping countries - especially India where DGB seems to be extremely popular.
youtu.be
Above regarding Loly. The creator of Loly the DAPP brings up extremely good points on decentralisation, immutability and the scaling capabilities of Digibyte of which Ethereum lacks all.
digibytefoundation.org
Above regarding the fork.
The fact of the matter is Digibyte is awesome technology it is only a matter of time before people realise this. Digibyte is hands down much better than Litecoin. For full disclosure I do hold great amounts of both, but I am a firm believer in DGB and will be accumulating more and more.
youtu.be
Digibyte's biggest problem so far, is the overall market. As BTC suffers and even goes up, DGB go down, as DGB goes down less people buy into it. I will be using this opportunity to accumulate the coin it will eventually POP!
Heiken ashi and RSI/MACD indicators both tell us that DGB is going down, slowly. The trend however will start to taper of and slow down over time. We will eventually get to a floor. I predict it will be around the 250 to 300 satoshi range.
For now I will hold what I have and accumulate more at the given targets. A reassessment might be necessary in the short term as DGB brings rolls out more news and developments in the coming month of March.
IN SHORT - this is a long term LONG CALL! I am however not responsible for your money please do your own research. DGB could easily get over the 1$ mark before this summer, and it will as it starts to build positive momentum.
This is not financial advice and I am not a financial advisor.
Best of luck,
X
DGB
Why invest in alt coins?When measured in USD, the movement of alt coins is often a magnification of BTC movement. Alt coins are measured in satoshis, so when BTC dumps 10% in an a day, alts dump 10% in BTC value. That translates to 19% in USD value. Risks are higher in the alt game, compounded by the fact that most alt coins are backed by garbage fundamentals. With all that extra risk, why bother with alt coins?
One year ago, BTC was $1053, ETH was $11.44, and LTC was $3.98. Even after the bloodbath of the last 2 months, we have one year gains of 875%, 7557%, and 5501% respectively. At it's high, ETH was up over 12000% from Feb 2017. Those are damn respectable profits, but nothing compared to John McAfee's "Coin of the Day" on December 23rd 2017, Digibyte, which logged gains of 45000% during the same time period. If you had gone long $1000 in DGB, you'd have $118,446 today. If you had been prophetic and sold at its height, you would have made $450,000.
Promises of massive gains with no valuation justification, alt coins probably remind you of penny stocks, with a primary difference being market cap. We may not be at the birth of this game anymore, but we're still close to the beginning. The crypto market is tiny compared to it's potential, so there's plenty of room to grow. That doesn't mean you should go pouring your life savings into any crap coin just in the hopes that it'll rocket. The days of DGB style gains may be past, but that doesn't mean you can't make a bundle on a hidden gem. Minimize your risk by finding a coin with halfway decent fundamentals and a team made up of, at the very least, real people. Try to get in at a low. If the coin solves an actual problem with an idea you can believe in, your ability to ride the dips may translate into real profits.
Digibyte above 800 sats between 2018-05-01 & 2018-05-09Digibyte above 800 sats between 2018-05-01 & 2018-05-09
DGB/BTCDgb has jumped from trend line with strong support.and indicators are showing good result... if u buy DGB be and hold sure u will get proffit
DGB/BTC Head and shoulders in to the descending trend? Hello friends,
I am learning but i cant escape to see this head and shoulders and now going in to downtrend and breaking them uptrend resistance line... The coin is in my opinion extemly undervalued but the TA in my opinion says unfortunately says different.
Stoch overbought and RSI might bounce on the trendline...
The future is much more clear now.As always things seem more clear looking back rather than forward. As time has gone on, it is now much easier to see what the near term future for DGB is. Turns out that this last bull run was still following suit according to a much larger triangle but it was hard to see because of just how oversold dgb was. We are now coming to the end of that triangle and im seeing a 3 drive pattern which gives me reason to believe that there could be a nice bull run here soon. I think that new support will form where the blue lines intersect.
DGB BULL CASEDGB is has been forming higher low's and lower highs on the daily . This is a tightening range and with the Daily Bull MACH cross this looks like a trade.
The Volume has completely dropped off which in the past has been a common occurrence on a tightening pattern until big volume comes in to increase the price.
Bullish Indicators
Daily MACD Cross
Tightening pattern.
RSI forming higher highs
Also DGB has been added to A LOT of new exchanges during the whole BTC pullback.
Entry: .000000430
Stoploss: .000000390
Profit: .000000555, .000000662, .000000852
DigiByte (DGB) - 500%+ profit - Bullish - Elliot Wave (LONG)Hello Guys,
DigiByte is good for trading as well as Long. It is currently at 56th position in Coinmarketcap. As we can see in the chart, It had a huge growth around summer last year. It is more likely it would happen again and would grow beyond possibly.
We are currently sitting at the Elliot wave pattern 2. MACD, Histogram, RSI showing a positive signal (Bullish). 50,100,200 MA is a big support region.
Buy Zone: 0.00000440 - 0.00000550
Target 1 : 0.00000932
Target 2 : 0.00001450
Target 3 : 0.00002161
Target 4 : 0.00002722 (New ATH)
Stop Loss: 0.00000390
No need to worry. Whole crypto market is started to get in reversal. Buy and hold. Happy Trading!
Note: Don't forget to put stop loss.
Thanks!
DigiByte VS Bitcoin Signs of ReversalDidiByte found the resistance at 830 satoshi and corrective wave down started, resulting in a 56% loss to the Bitcoin. The decline of the DGB/BTC price was stopped by the 61.8% Fibonacci retracement level applied to the 07.12.17-10.01.2018 wave up.
After the clean rejection of the Fibonacci support, the price went up and broke the 200 Moving Average and the downtrend trendline, suggesting the potential change in the medium term trend. Although range trading could be extended a little longer the growth potential remains. DigiByte is expected to rise towards one of the 3 resistance levels confirmed by two Fibs.
First resistance: 600 Satoshi
Second resistance: 770 Satoshi
Third resistance: 830 Satoshi.
If price will break above first resistance is will become very likely that DigiByte will produce a double top, hitting the area between 770 and 830 sats. Daily break and close above the 830 sats resistance should confirm a long-term uptrend. On a downside. Daily break and close 360 could invalidate bullish outlook.
DGBBTC Digibyte Hi,
This is my view on DGBBTC.
I just started out with TA and this is a chart that a friend requested me to take a look at.
There are no target prices, since I don't have appropriate knowledge to make them.
I am very novice, and if you see something else, or want to have a friendly conversation about this chart and my view, please feel free to comment.
Do Your Own Research. This is my view only and may not be considered as advice in anyway.
Cheers!
DGB Remains Under PressureIn the daily timeframe, the RSI indicator stands in the negative territory and is flattening near the 45 level, while the MACD is strengthening its bullish movement as it will create a uptrend crossover with its signal line. In addition, the 100-Day EMA now act as a strong support line.
On the flip side, upside moves are likely to find resistance at 50-Day EMA. Rising above this area, could help the coin to touch the next resistance level at 1k Sats.
DGB UP UPDGB following all the good alts is rising its neck signaling the end of the correction. a first target would be 430$
Wait for confirmation above the 260$ mark.
Salem
DGB/BTC Closed Above Resistance. (4H Chart)DGB is looking strong. Candle close above resistance line on 4h as well as daily chart. MACD cross on Daily.
Small write up I know, but a pretty straightforward chart. Last time when the chart had a profile like this it went parabolic up to 2500 sats very quickly, but I'm just shooting for 1200-1400 sats for my target for now. Keep in mind BTC could still fall back after hitting the upper resistance of the channel which could mess this up.
DGB How to Trade and make 50 to 100% Profit GuideDGB I Had called in my Telegram group at 415 as soon as it broke Resistance and now it is at 460 a good 10% profit but it is Facing Resistance at 465 which it needs to break and next target should be 500 to 525 and if we break that major resistance 630 is the next target as you can see normally DGB Normally rallies with BTC Moving up so lets see how it goes as its been holding good on the 0.382 channel line as you can see and providing support and if we go according to that support 600 looks easily possible by next month 15th even if we crawl like a snail
Buy if it Breaks 470
TP 1 - 500 -525
TP 2 - 630
TP 3 - 800
TP 4 - 1000
STOP Loss if breaks the 0.382 channel support
Please do Join my Telegram Channel for more Ideas and Trading tips and make more profit
dgp usd long idea title. Based off technical and fundamental data. Price has already reach 1B market cap, nothing stopping is from reaching 10B. After 10B has been hit then the news and hip will take over including new exchanges accepting dab transactions.
To sum up, please do your own research... But a picture speaks a thousand words - steemit-production-imageproxy-upload.s3.amazonaws.com
DGB impulseing out of hereLooking to get long on DGB as it has broken out if it's corrective triangle as many coins are doing. Trying to identify a good spot to get in.
Note building volume in the short term as well.
Buy Target: 0.00000432
It's important to start identifying good altcoins that will outpace BTC in the next week if indeed the BTC correction has ended.