EMA 50 x EMA 200 is ready to cross!1) After 117 days with EMA 50 below EMA 200, #DGB is ready to cross;
2) EMA 50 above EMA 200 turn $DGB to bullish;
3) RSI holding strong on 50+ level;
4) Neutral MACD;
Big movement coming!
Put your seat belt on
Dgblong
EMA 50 x EMA 200 almost crossing!EMA crossing will turn 4 hour chart to bullish mode (REVERSAL point).
We don't see EMA 50 above EMA 200 since October 2020 (110 days).
Digibyte holders have waited so long for this moment. :)
Enjoy
140 days downtrend breakoutDigibyte broke 140 days downtrend and now is fighting to break the strongest resistance, U$0,032.
We need more volume to break it.
The second resistance (U$0,037) isn't too dificult to break.
Daily candle closing above to U$0,034 will put Digibyte to mega bullish phase (best moment to entry).
Ps: If bitcoin corrects strongly, the price of altcoins will fall.
Analysis - DGB/BTCHello!
Let's talk about Digibyte.
In fact, this old altcoin is still alive. It is very interesting indeed. It looks more confident than most
similar coins although it correlates with the market. The main growth driver has been Bitcoin halving
in the past six months. DGB main mining is getting on the same algorithm as BTC, this is SHA256.
And since after the halving, the miners' income has decreased significantly, this algorithm's
alternative coins' demand to appear on the market. The DGB profitability is on average 10-15% higher
than on BTC during the last half of the year.
Everything looks pretty good on the chart, fixing above the 250 level is a good sign.
There is a high probability that the main next target will be the level around 370 sat. But on the way to
this goal there is also only the past resistance of 320 sat, the optionof retesting the support at 250 sat
from top to bottom is not excluded.
$DGB Update$DGB moving in this pattern for 100 days now, resistance and supports have been hit on different occasions, price have been consolidated many times.
It's gonna be sooner rather than later that we'r gonna see a possible move to the upside areas of 280-340 sats.
I Remain #BULLISH
Be safe, trade safe and use a stop loss.
🥇156% Gain, I Continue To Hold. (DGB)💰 I added to this one for the longterm ride in early april when it sat around 70-85 Satoshis.
I continue to hold as the weekly still shows continuous green on the Crossover strategy and the ema dots. It did surge much higher and now has corrected back down. Btc is under pressure and looking sketch. I might need to close out of positions if btc decides to get rejected and start selling off. As we know the market loves to correlate.
For the most part keep it simple and hold till I get confirmation on the indicators.
Have an awesome trading day! ❤
Which altcoins do you think I should look into? Smash the like button and drop your favorite cryptocurrency in the comments down below! ⬇️
🥇MLT | MAJOR LEAGUE TRADER
DigibyteStock Symbol: DGBBTC
Digibyte is compressing. Could be getting ready for a hook to the upside. Keeping an eye on this one.
Diversify and use 5% stoploss
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Thank you for your continued support, God bless you though these times.
- Major League Trader
Looking for a new GEM 5 ( shit coin in crypto )Since I was in a huge profit, I was holding many coins very long time.
Joined crypto Nov 2016, Started to buy shit coins in early 2017 .
Sold my many bag from May 2018 to Nov 2018.
I am not hurry to re-buy my bags . Waiting for the break-out.
Digibyte is one the strongest coin in this bear market.
If you bought in the beginning of the huge bull season ( November 2017 ) , You are still holding the same USD & BTC value.
Congratulations to DGB community. You guys are definitely deserved to gain 10x again!
WHAT I LEARNT 2 YEARS OF TRADING IN THIS CRYPTO MARKET!
In the stock / crypto market, history repeats itself. This is because human nature doesn’t change. Neither does the law of supply and demand our objective isn’t to buy at the cheapest price or near the low, but to begin buying at exactly the right time, when your chances for success are greatest.
This means that you have to learn to wait for a crypto to move up and trade at your buy point before you make an initial commitment. If you work and cannot watch the market constantly, small quote devices or quotes available on cell phones and Web sites will help you stay on top of potential breakout points.
Bear markets can last as little as three, six, or nine months or as long as two or, in very rare cases, three years.
So, there really is a right time and a wrong time to buy a crypto, but understanding the difference requires some study. There’s no such thing as being an overnight success
Target? The charts speaks itself!
Digibyte swing trade targeting upper trend-line possible +57%DGB has been one of the more bullish coins over the past couple of months. While BTC has formed a descending triangle since February, DGB has formed a series of higher lows. When DGB is bullish, it outperforms most coins. It is not unreasonable to expect DGB to at least make the upper trend-line due to:
- DGB support has held strong,
- Consistently remaining within a price range for the past few months,
- recent 51% attacks on less attack resistant coins - which in my view has proved DGB devs correct in selecting multiple mining algos,
- BTC has shown support and signs of strength in the past week or two, if BTC heads well north of $7000 that could well be a signal for strong gains in DGB to be unleashed (as DGB tends to follow BTC rises and falls consistently while also outperforming BTC).
- The last reason is speculative at this stage - I expect we are in the last few weeks of the bear market as I expect BTC to first head for $7500, and then, $8700, and possibly $10,500 later this year. If this scenario eventuates, this will take the brakes off altcoins and the market in general.
I am not a professional, a financial adviser, or your Mum so please do your own research and protect those funds. Thanks for viewing and good luck.
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.
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