There is a great opportunity to buy in DGBUSDTechnical analysis:
. DigiByte/Dollar is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.023 to 0.011). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.023)
Ending of entry zone (0.011)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.031
TP2= @ 0.037
TP3= @ 0.049
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free
Dgbusd
There is a great opportunity to buy in DGBUSDTechnical analysis:
. DigiByte/Dollar is in a downtrend and the resumption of the uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.023 to 0.011). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.023)
Ending of entry zone (0.011)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.031
TP2= @ 0.037
TP3= @ 0.049
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free
DGB DigiByte Sliding Scale - MAP This course map , can slide to scale as seen in video. Its interactive and flexible to the current price movement. These lines can act as trend lines, cross-ups , cross-downs, support and resistance. Right now we see DGBBTC recovering from an oversell. Alt-coins are taking a hit and if you notice, the good ones are rising to the top. DigiByte has great tech, use cases, and a strong community. I expect that funds will filter back into the long running, tried and true coins.
This is an opinion based on my insight and is not investment advice . Please do your own research.
DGBUSD - The best buy opportunity in cryptoDigibyte daily chart shows us a great opportunity to buy DGB. If you trust this cryptocurrency, this is the best time tu buy.
DGB is now oversold on RSI and MACD.
DGB has very strong structure on chart.
DGB is very popular crypto asset of traders and hodlers.
DigiByte LONG term Multi-Algo and price movementUsing fundamentals, historial time vs price, math, and geometric coordinates to predict price movement.
Coins with a long standing history have a great chance to grow exponentially. DGB is a great asset in terms of security, speed and community support.
My opinion and for educational purposes. Please do your own research.
Ready for Happy Hour?In my previous post you could see IF or WHEN DGB will repeat it self, now we follow the hourly trend downwards in the descending triangle.
RSI is weak, volume is weak... which could all result in a great buying opportunity! Buy 1 DGB and get 2!
BTC is the market leader, if that is weak... the rest is weak IMO. It appear BTC is testing the 5,9k - 6.0k range now, if it breaks... brace for impact due to the lack of underlaying volume.
That could result in us touching the orange buy box to stack up our pile of DGB.
Let's see what the weekend market wil bring us.
Trade SAFE and don't FOMO!
/M
DGBUSD Double bottomFound this textbook double bottom for the DGBUSD pair. Additionally, it seems it also completing a C&H pattern. (cup and handle) If the trend continues, a target close to 8 cents is in the cards. This pattern is cancelled if it drops below already marked support line.
**NOTE** I am not an experienced trader. I am an investor learning TA. So please, take it easy on me.
**DO NOT use my published ideas for making decisions.
Recommendations are welcomed, trolls are ignored.
$DGB - DigiByte next 4 weeks.DGB-BTC Buy on the bottom and hold. best coin for portfolio.
Buy : 440-460
Sell : +600-800
Profit : +30-60%
The Quest for more volumeVolume, volume... volume! That is what we need at the moment, the small buy or sell orders control the markets now. The believe has to get back in to crypto, that is also visible in BTC at the moment. The contracts make it so volatile, it is not possible for the average Joe to trade or to build up a nice investment.
Let's hope we hold this level of support... but judging by the overall market we might end up we a new buying opportunity to gain some more DGB.
Safe trading and don't FOMO!
/M
The DGB Reversal!DGB has been up and down over the last few weeks making it exciting for short traders - and terrible for long positions.
BTC has started to move in a more positive direction and we have seen DGB move in reaction to what BTC is doing.
Yesterday we hit 468 before bouncing up - today it looks like 450.
DBG will hit 500 again with or without BTC help. This is an excellent time to take a buy positions.
DIGIBYTEDGB/USD supply&demand zones, bear&bull trap, correction waves after this growth. Calculation with Fibo-lvls, active zone, CCI indicator is breaking the supports.
The Quest for a cup of tea at .618?Digibyte... the road to .618 for a cup of tea?
Almost sounds like a magic quest for a treasure to be found. The obstacles to overcome is the poor volume in the overal market at the moment, there is a lack of confidence in the current crypto market in general.
Slowly but steadly we are following the wedge to meet the magical .618 of the previous all time high. The two double bottoms and a possible cup & handle forming could result in a even bigger Quest to meet the .5 level at around 8 cents. The centiment & the volume have to increase in order to follow to road to 64% possible gain of the C&H pattern. Still staying sceptical at the moment, Digibyte seems to follow the big daddy Bitcoin. If this a bull run in bitcoin to meet possibly 8K I could see this quest for 8 cents getting a better chance of succes. If we are ending up in a down trend, the C&H pattern is not confirmed and it is brace for impact to meet possibly the black line again.
Feel free to comment, this being my first attempt publishing here on Tradingview.com
Cheers!
DGB 18H EMA PUSH HIGHERdigibyte pushing through the 18 EMA high looks bullish
RSI is coiled back to run
we may be looking at a massive move to the upside in the coming weeks
DGB ROOM TO RUNdays of consolidation has given the RSI time to rest and recharge
whether the market is ready or not, digibyte is ready
A Second Chance to Buy in DGBUSD ...New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*There is still a possibility of temporary retracement to suggested support line (0.031). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.031).
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Technical analysis:
Price is aboveWEMA21, if price rises more, this line can act as a dynamic support.
Relative strength index (RSI) is 63.
Take Profits:
TP4= @ 0.068
TP5= @ 0.090
TP6= @ 0.110
TP7= @ 0.136
TP8= Free
Trade Setup:
We opened 8 BUY trade(s) @ 0.01985817 (day close price) based on a reversal candle ( Hammer ) at 06.24.2018 in our previous suggested support zone.
Total Profit: 17803464 pip
Closed trade(s): 5742549 pip Profit
Open trade(s): 12060915 pip Profit
Closed Profit:
TP1 @ 0.031 touched at 07.03.2018 with 1114183 Profit.
TP2 @ 0.037 touched at 07.07.2018 with 1714183 Profit.
TP3 @ 0.049 touched at 07.20.2018 with 2027 Profit.
1114183 + 1714183 + 2914183 = 5742549
Open Profit:
Profit for one trade is 0.04398000(current price) - 0.01985817(open price) = 2412183 pip
5 trade(s) still open, therefore total profit for open trade(s) is 2412183 x 5 = 12060915 pip
A Second Chance to Buy in DGBUSD ...New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*There is still a possibility of temporary retracement to suggested support line (0.031). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.031).
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Technical analysis:
Price is aboveWEMA21, if price rises more, this line can act as a dynamic support.
Relative strength index (RSI) is 63.
Take Profits:
TP4= @ 0.068
TP5= @ 0.090
TP6= @ 0.110
TP7= @ 0.136
TP8= Free
Trade Setup:
We opened 8 BUY trade(s) @ 0.01985817 (day close price) based on a reversal candle ( Hammer ) at 06.24.2018 in our previous suggested support zone.
Total Profit: 17803464 pip
Closed trade(s): 5742549 pip Profit
Open trade(s): 12060915 pip Profit
Closed Profit:
TP1 @ 0.031 touched at 07.03.2018 with 1114183 Profit.
TP2 @ 0.037 touched at 07.07.2018 with 1714183 Profit.
TP3 @ 0.049 touched at 07.20.2018 with 2027 Profit.
1114183 + 1714183 + 2914183 = 5742549
Open Profit:
Profit for one trade is 0.04398000(current price) - 0.01985817(open price) = 2412183 pip
5 trade(s) still open, therefore total profit for open trade(s) is 2412183 x 5 = 12060915 pip
DGB CRYPTO THERMOMETERas a measure of trade, where will digibyte find itself on the scale in the coming years?
DGBUSD - Digibyte is on the supportDigibyte is in the support area and is on the trend line, there is a good chance to move up.
In the last 24 hours price fell by 8,84 % and it's bigger dump than others crypto. People withdrawed their profits from DGB, thanks to that the price is on the interesting level.
