Digibyte nearing an Adam and Eve double bottom breakout.Neckline still resistance for now. May need a slight correction before confirming a breakout above it. Definitely one to keep an eye on.
Dgbusd
DGB retested 2600 day trend line. x300-500 opportunity (2W)I found interesting trend line on DGB-USD 2W chart that started more than 2600 days ago and recently price retested it again and reversed upwards.
Since bullrun 2017 DGB formed a MASSIVE ascending triangle.I took it's height and put it on the breakout point which brought it to 8-13$.
Also my targets on 8$ and 13$ were measured with FIB retracement before.
From current price gains could be from x100 to x500 if this pattern plays out but it seems that this trend line is pretty important.
This coin did not perform well for the last months but i still tying to accumulate more DGB.
DGB investors could see life changing returns very soon. Patience will be rewarded :)
$DGB TRENDING UPalthough we are arguably in a short term bear market
digibyte is still holding onto the long term trend line
a parabolic capitulation seems to have occurred right into .0165 support
I do not expect DGB to visit .008 but that could happen and still remain bullish (although less favorable)
the risk/reward for DGB seems very good at the moment
consolidation can happen for a long time until the all time high can finally be broken
DGB looks to be ready to FlyDGB will go up because it is landing in a good area of support and the project appears to be moving in the right direction. DGB FTW?
Every dog has its dayDigibyte is down about 85% from its highs in May...
"Every dog has its day"...
(not financial advice ;)
In the short-term dgb could go a bit lower, but not much honestly. You can almost see the emas start to curl up into another s wave.
As for the indicator ... green dot imminent?
DGB (DigiByte) Coin Analysis 20/03/2021Fundamentals:
DigiByte (DGB) is an open source blockchain and asset creation platform. Development began in October 2013 and the genesis block of its DGB token was mined in January 2014 as a fork of Bitcoin (BTC).
A longstanding public blockchain and cryptocurrency, DigiByte uses five different algorithms to improve security, and originally aimed to improve on the Bitcoin blockchain’s security, capacity and transaction speed.
DigiByte consists of three layers: a smart contract “App Store,” a public ledger and the core protocol featuring nodes communicating to relay transactions.
DigiByte is a modification of Bitcoin which aims to diversify security, speed and capacity possibilities.
Its first incarnation was as an open source blockchain and associated cryptocurrency, DGB. The network has five separate algorithms which help to maintain security and help prevent ASIC miners from commandeering too much power.
Later, another offering, DigiAssets, appeared, with DGB as its native token. DigiAssets appeals to those developers looking to launch digital assets, decentralized applications (DApps) and encode the necessary corresponding smart contracts.
All governance structures for DigiByte are run on a voluntary basis, in line with the thesis that the network should be open source and publicly accessible. Transaction fees in DGB are paid to miners for validating the blockchain.
DigiByte was created by Jared Tate, also known as “DigiMan,” who oversaw its metamorphosis from development to its current setup before announcing that he was temporarily retiring from his position in May 2020.
Tate has since returned, and as of September 2020 once again appears closely involved with DigiByte’s growth.
Tate’s biography states that he was involved with Bitcoin from 2012 onwards, and authored the first book written by a blockchain founder, “Blockchain 2035: The Digital DNA of Internet 3.0.”
DigiByte’s operations depend not only on developers, but also the DigiByte Foundation, a volunteer organization tasked with overseeing preservation of the project. A third group of volunteers, the DigiByte Awareness Team, is responsible for marketing and promotional activities.
Technical Analysis:
Hidden Bullish Divergence with MACD Histogram which is the sign of trend continuation
3TP done By Fibonacci Projection
DGB is at a very Good Price to be Purchased 20/02/2021as we can see the asset has moved up from its accumulation zone and we can see the up trend is at a very good pace with long bullish candles,
we can simply Target the 161.8% and 261.8% of the Fibonacci projection as they are the most prone points to be targeted
please comment your opinion
DGB/USDT Is ready to MOVE UP ! 💎 DGBUSDT / 4H 💎
we have a bullish channel in 4H time Frame and support from both channel and RSI Indicator !
we can see a possible bounce from here !
DGBUSD Point Comparison IdeaClear similarities between the first big move up, and the price action currently forming
Would like to see this moon after this setup concludes
Both are results of Rising Wedges
Both are sitting on the 200MA
$DGB HOLDING STRONGsince february of this year dgb has held on to the .618 channel fib level
expecting an impulsive wave to follow
possible breakout of triangle formation
Digibyte growth expectations and timeline.We are looking at the DGB 2 month chart . Dgb moves with bitcoin ands tends to outperform it when it's bullish. I have highlighted all the important zones to keep an eye on in the price and also the RSI and stochastic RSI.
So all in all if BTC goes bullish the next couple months so will DGB.
Risk management is what we do here.
*Minimalizing your risk plus patients equals success*
DGBUSD Continuation Pattern Price is pumping, hitting the fib level, rejected, back to continuation and repeat.
We will see if a third peak arises.
I saw another scenario involving a rising wedge, but permabulls will be permabulls, so here's my bull take
dgb swing ~some really nice buy signals down here using our proprietary system.
similar to link, dgb moved down in 5 waves.
5 waves = wave 1 or wave a
willing to swing dgb to the inversed golden zone for the mean reversion.
target = 0.06
DGB/USD DIGIBYTE Is ready to Explode! 3300% GainDigibyte has a really nice setup looking like a major cup and handle that's lasted for years that's about to resolve. Digibyte has been laughed at and kicked down but now it will show its true colors and will shock the crypto world. Get ready for something massive my friends. Indicators are also all pointing towards a major move upward. Let me know what you think and if you have a chart you want me to look at and analyze then let me know. Not financial advice just my opinion. have fun and safe trading. If you cant beat the fear then do it scared. !!
DGB USD GANN FANBroke out of it's macro fan earlier in the year, now in the process of breaking out of minor fan.
DERIVED FROM 2W CHART.
Digibyte: Set it and forget itSet it and forget it
DGB is leaving the station...
not financial advice ;)
DGB keep watchguahegiusehgiuerhgiuerger
gregrileugjeriulgjer
gsergiluerhgru hello
doing this because TV makes me.
dgb/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Updated chart to the daily from the 4h, still waiting on targets to reach
DGB.X InformativeBITTREX:DGBUSD
I'm bullish for short term with TP: 0.069$ but mid and long term TP is 0.02$.
* This is my idea and could be wrong 100%
Digibyte (DGB) - Structure and TargetsTaking a closer look at the Digibyte chart in the daily timeframe and adjusting slightly for BTC Hashrate slowdown due to the exodus of Chinese miners, and the Fractal is even more strongly correlated.
What do you think? Do you have any targets for DGB?
looky looky where Digibyte is catching support!Digibyte is showing a lot of respect to the 05.8 cent to 06 cent area and in my opinion is very bullish going forward for the next couple months. Targets to come as we move forward, let's make new highs first.
Look at the historical resistance this area has played in the past and now has conquered it and flipped it to support.
Your patience & diligence will be rewarded.
Digibyte - Current PostureA review of the posture of Digibyte, following the completion of three corrections, printing three successively higher-lows.
In terms of Elliott Wave analysis, there are two interpretations:
DGB has now completed a Wave 4 and commenced a Wave 5; or
DGB has completed a Wave 2 and just commenced a Wave 3.
Either case is bullish and is well supported by the MACD crossing bullish and the RSI sitting comfortably in neutral territory. Looking at the the Fibonacci projection of the correction on this standard scale chart and two targets present themselves:
$0.278 at the 1.618 resistance line
$0.336 at the 2.0 resistance line
Of course there are higher levels, but they will become exponentially less likely the longer DGB remains under $0.185.
What do you think? How high can DGB rally to complete this next impulse wave higher?
