Digibyte Set to Retest Major Resistance: Bull Run Ahead?In the ever-evolving world of cryptocurrencies, Digibyte (DGB) is currently making waves as it approaches a critical juncture. The coin is now testing the major resistance zone of $0.013 - $0.014, showcasing signs of potential breakthrough. This development is crucial for Digibyte enthusiasts and investors alike as it sets the stage for a possible bull run.
Testing the Waters
Digibyte, known for its focus on security, decentralization, and blazing-fast transaction speeds, has been steadily gaining traction in the crypto sphere. However, its recent ascent towards the resistance level of $0.013 - $0.014 has caught the attention of many traders and analysts.
This zone has historically proven to be a formidable barrier for Digibyte's price action. Yet, the current uptrend has shown signs of strength, with the coin attempting to carve out a new level of major support. This scenario sets the stage for a potential breakout retest, signaling an expansion of the range and reinforcing major support levels.
Consolidation and Volume Surge
As Digibyte consolidates around this critical resistance level, market sentiment is on the edge. The anticipation of a breakthrough is palpable, with traders closely monitoring price movements. If Digibyte manages to decisively breach this resistance zone and sustain its momentum, it could trigger a surge in volume.
Increased volume often accompanies significant price movements in the crypto market. In the case of Digibyte, a breakout above the $0.013 - $0.014 range could attract a substantial influx of buyers, propelling the coin into a full-fledged bull run.
Implications for Investors
For investors eyeing Digibyte, the current scenario presents both opportunities and challenges. A successful breakout above the resistance zone could validate the bullish thesis, potentially unlocking further upside potential. However, failure to breach this level convincingly could result in a period of consolidation or even a temporary pullback.
Nevertheless, the underlying fundamentals of Digibyte remain robust, backed by its unique features and strong community support. Whether the coin manages to overcome the current hurdle or faces a setback, its long-term prospects remain promising.
Final Thoughts
As Digibyte tests the major resistance level of $0.013 - $0.014 and seeks to establish a new level of major support, the crypto market is poised for a significant move. The outcome of this critical juncture will not only shape Digibyte's near-term price action but could also set the stage for a broader market trend.
With the potential for a breakout retest and a surge in volume, Digibyte stands at a pivotal moment in its journey. For traders and investors, staying vigilant and closely monitoring price developments will be key to navigating this dynamic market environment.
Dgblong
#DGB/USDT#DGB
We have a head and shoulders model that has just been completed and is about to move to targets
We have a strong rising trend on RSI as well
We have a higher stability moving average of 100
We have a strong pattern on the 4-hour frame
Entry price is 0.1007
The first target is 0.01127
The second goal is 0.01250
The third goal is 0.01355
DigiByte ( DGB ) forming bullish BAT for upto 37.50% rallyHi dear friends, hope you are well and welcome to the new trade setup of DigiByte ( DGB ) with US Dollar pair.
Previously we caught almost 25% pump of DGB as below:
Now on a daily time frame, DGB is completing the final leg of a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
IS DGB READY FOR NEXT PRIME 80% MOVE !!Welcome to this quick DGB//USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello, members welcome to DGB/USDT quick chart analysis by CRYPTOSANDERS.
At first, smash the like button and follow,
this motivates me to bring this kind of analysis to you all let’s get back to the chart.
As we can see in the above-mentioned chart that DGB/USDT is currently trading inside the triangle pattern and above the red, yellow, and blue MA.
So here we are expecting a break out soon, and for taking positions we should wait for the confirmation which will be the the retest of upper trend line after the break out.
If it moves down and breaks down the lower trend line then this chart will be invalidated.
Entry:-$0.03410,$0.03510
Target:-50% to 80%
Stop-loss:-$0.03299
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
DGB/USDT TRADE SETUPDGB in USDT pair looks bullish. The breakout and retest look good and now it may possibly bounce 26% from the current entry-level.
Entering this trade between $0.0344 to $0.0363.
SL at $0.03346
Targets:
$0.0381
$0.0405
$0.0422
$0.0434
Accumulate this coin if it dips, use max 5x to 10x leverage, and do not FOMO.
Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference.
LONG DGB/USDTThe market took a slight dump and currently bouncing back.
I am buying some DGB/USDT for possible trades.
10% to 20% jump expected.
Entry level: $0.06138 to $0.06281
Stop Loss: $0.05436
Targets:
$0.06541
$0.06947
$0.07315
Use minimum 5x leverage and set your SL.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
Short term outlook for DigibyteDigibyte seems to be ready for another move to the upside here.
It has been consolidating nicely since hitting 9 cents a few weeks ago.
In the bigger picture, DGB has been moving sideways for almost 4 years and is ready for an explosive move soon. Remember, price discovery mode kicks in around 14 cents so be ready for a huge impulse wave up after achieving new a new all-time-high.
The speculative short-term forecast here is based off a recent fractal that dgb seems to be repeating. Time will tell.
(not financial advice ;)
Digibyte accumulation zone1) Digibyte still in buy zone (140-150 sats) - Good accumulation;
2) Bullish RSI (holding above +-45);
3) MACD almost crossing;
4) Digibyte will have a strong movement at any time.
Target: 200 sats
Ps: PARABOLIC advance still intact in DGB USDT chart!
Flag BREAKOUT!1) Bullish flag breakout;
1) Bullish trend;
2) Bullish RSI;
3) Bullish MACD;
4) Bullish EMA 50/200;
I'm 100% LONG in Digibyte!
Target: 200 sats / U$0,10
Digibyte can reach 380 sats (3rd wave)Past DGB movements:
First wave: 110 to 175 sats ✅
Second wave (correction): 175 to 147sats - Perfect fibo 0.382 retraction ✅
Now, it's time to the third wave.
The 3rd wave is always bigger than the 1st wave (2x / 3x bigger).
If Digibyte breaks 175 sats, the 3rd wave is confirmed.
Target 1: 250 sats (1.618 fibo)
Target 2: 310 sats (2.618 fibo)
Target 3: 380 sats (3.618 fibo)
We are waiting the breakout!
Digibyte 1h Buy OpportunityDigibyte is holding 9 days above EMA 50 (green line).
What is mean? Every EMA 50 touch is one buy opportunity.
The price is holding strong and DGB is getting a boost to reach higher levels.
The next target is around 200 sats.
Big movement VERY SOON!
Cheers
Digibyte PARABOLIC trend!The most wanted signal appeared: The Parabolic Line!!!
EMA 50 = Perfect buy zones.
MACD ready to pop.
Next Target: U$0,09
Digibyte is waiting a little to push up because Bitcoin is rising. When BTC stop a little, we will see Digibyte leg up.
I believe that DGB will hit the target in the next 7 days.
180 days breakout (bullish reversal)1) 180 days downtrend breakout;
2) Price increasing fast above EMA 50;
3) RSI holding above 5;
4) MACD going up;
EXTREME BULLISH CHART!
First small resistance: +- 145 sats
Strong resistance: 200 sats