The DGB tries to hold the SupportThe DGB tries to hold the 300Sats level. If this support level is broken then we could see another leg lower with the DGB sliding down to the 140Sats level. The reason I am mentioning this is because BTC surged higher on Saturday with big volume as traders start to anticipate this drop. If the DGB price starts to drop, then holding BTC may be the best safe haven.
3-Day Chart:
From the chart, it looks like the DGB trend may fall through weak support level and test the next support at 140-150Sats, I think it will be several weeks before we see such a test. The falling volume is a concern. If volume can rise above the monthly average, it is a good sign that price will test the weak support before the uptrend can start.
RSI is below 50, a sign of the downtrend. The MACD turned down through the centerline, a sell sign and it is still trending down, which is a negative sign. In addition, the EMA lines put pressure on the DGB price, as well as 20EMA and 50EMA can make a death cross soon, which will be the sign of the strong downtrend.
1-Day Chart:
I can't say it's a different chart, but the daily card a copy of three day chart, 20/50/100EMA is a resistance lines, the RSI is below 50 level, it's sad :( and the MACD below centerline without any positive sign on the horizon to bounce from the first support at 280Sats area.
4-Hour Chart:
Volume has been trailing off, which is not a good sign for the price to keep going up. Watch for above average buying volume as a sign the DGB price will start it's up trend. Otherwise, we should expect a pull back.
RSI is below 50 indicating the downrend. The MACD is at a low point, so the price need a spike to end the correction and start it's uptrend
My concern is that most people seem to think the markets had bottomed, and if that's the case, everyone should be long right now. If the markets continue this downward slide a few more days we could see prices drop very quickly as I mentioned above. I would rather see the trend flatten more or start to head higher before I take long term trades to the long side.
DGBBTC
DGB WILL GO BACK UNDER <100 satsHere are my thoughts on one of the most undervalued cryptocurrencies
Digibyte DGB, is a very fast/cheap multialgo cryptocurrency.
It got a lot of expectation back on May 2017 when it was some leak/lie? about minecraft integration . It went from 70 sats to 2000 sats in 2 months , but, after that event, bad news become real and a lot of DGB were stolen from this kind of integrated game platform wallet mixed with a no fully team support at that time.
My chart is about how this year it will come to <100 sats, a really possible scenario, compatible with a long BTC run in 2018, DGB on 2017 was stable between 0,005 $ - 0.0030 $.
As we see on the chart, the support level goes 10-20% everytime DGB has a bull run (2-4 months) that means the big Wales, or DGB foundation, or anyone with a big bunch of coins is losing their support power,A change of owners, a end of a cycle.
DGB-BTC killer hodl for 2018, 189% ++ profit potentialHowdy, let’s take a look at one of my favorite picks for 2018, Digibyte (DGB).
Fundamental drivers:
Marketing Overhaul Begins Feb 1: www.reddit.com
Details:
With over 100,000 full nodes (compared to BTC's 11,000), Digibyte is highly decentralized. Digibyte uses five separate mining algorithms to ensure mining decentralization. It’s also one of the oldest blockchain projects out there (2013), with early SegWit implementation. It offers super fast transactions.
For those who know da woo, Clif High’s web bots have found hints of a “minor mania” for Digibyte in the summer of 2018. Considering the man’s accuracy up until now, I’m more than happy accumulating DGB at these current levels. Now’s a killer time to be shopping.
Official website: www.digibyte.io
—
Analysis:
DGB has respected a global Fibonacci range ever since the enormous run-up in the summer of last year. I would argue that it is now in a good range to begin some harmonic kind of movement, but first let’s establish some congestion zones and look at the Ichimoku.
The Ichimoku cloud is lining up almost perfectly with this Fibonacci range.
The Higher lows in price and lower lows on the RSI indicate hidden bullish divergence, while declining volume and a symmetrical triangle forming with the 50 and the 200 MA are creating a solid base for a sort of bull flag. It could be a pennant and will need more time to consolidate. The Ichimoku cloud has flipped bullish just as there was a golden cross of the MA’s a week or so ago. Here I see a pattern similar to some other reputable projects out there — en edge-to-edge cloud break, followed by a retracement to the top of the cloud, and then the establishment of a new price floor. Bulls would be careful, however, as it is beginning to look like a head and shoulders pattern. Now all of this may be difficult to see at once (unless you’re as bugged out as I am), but I also see what could be a bullish pennant forming in the RSI. Bollinger bands included to show how tight the price is getting.
Here’s the triangle using the 200 MA as the base. Long term I see a lot of upside for DGB, though it may end up consolidating for many months so I’m not so interested in it for swing trading. Below are your levels indicated by blue horizontal lines.
These targets are primarily based on the Ichimoku, the global Fibonacci range, and previous congestion zones discovered around those areas.
Entry: 0.00000355 - 479
Target 1: 0.00001074
Target 2: 0.00001383
Digibyte | DGBBTC breaks out of a falling wedge!Digibyte breaks out of a falling wedge and volume is showing.
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 ANALYSIS FEBRUARY 10 , 2018The price moves in a descending channel from the closing price of 0.00000780 BTC to 0.00000423 BTC and adjusts the price by moving on the ascending trend line. On a regular basis, we expect to respect the ascending trend line to reach the resistance area between 0.00000526 BTC to 0.00000564, which has been tested more than once and is considered a strong resistance zone
If it is breached we will reach a new resistance zone between 0.00000745 BTC and 0.00000815 BTC
DGB- BTC - GETS SUPPORT AT 318-330 , WILL TOUCH 1331 BY MID MAYAT PRESENT THE PRICE IS AROUND 357 SAT, MAY FURTHER GO DOWN AND WILL GET SUPPORT OF SMA 100 AT 330 SAT OR FURTHER MAY GET SUPPORT AT LOW AT 318 OF FIB AT 0.382, THEN IT WILL DEFINITELY WILL START REVERSE AND BY MID MAY, I PREDICT THE TARGET OF 1330 SAT (AT FIB 1.618) WILL BE ACHIEVED.
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!
What do You think? Verge VS DGBHello Traders!
I have found a suitable comparison. Generally speaking, history repeats itself and the price always comes back. To be honest, we all love something new, for example, we need to change cars once a year or fly to different countries, in the case of DGB and XVG, I can safely assume that we are dealing with one major player in the market who likes to change things once a year.
Let's start the analysis. In the last few weeks XVG showed a weak downward trend. The RSI was below 50, bears in the market, the same trend is confirmed by the MACD which is now below zero. In the next few weeks, I expect that the Verge will be traded at 750-700 Sats, and then smoothly reach its fair price the same as DGB did. I will follow the daily schedule closely, because I'm very interested in whether the coin price can break through the center line (MACD) and how strong the trend will be, how rapidly will the market move within this trend.
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.