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Dgbusd

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?
Long
by Crypto-Swing
6
Digibyte - Past, Present and FutureIn this Digibyte study requested by a subscriber, I look at the longer term market structure of this Proof of Work crypto currency through the lens of the BTC halving cycle, assuming a continued correlation to that cycle. There are some apparent target for the peak of the current market cycle in both time and value, and future projections for the subsequent correction and future rally. I have had to estimate the date of the 5th Bitcoin halving to align the future cycle, so I caution that there is in increased margin of error beyond the 4th Bitcoin Halving.
BITTREX:DGBUSDLong
by Crypto-Swing
7
Potential Long-Term Outlook for DigibyteLately I've been getting the impression that we may have to wait a bit longer to see massive, life-changing gains with Digibyte. Fortunately, the good news is that longer only means another year. Up until recently, it looked as though DGB was in a position to peak around December 2021, or perhaps January 2022 for this market cycle. This could still certainly be true. However, based on how the DGB chart seems to be unfolding, I'm thinking an equally likely outcome would be a peak around the end of 2022. The silver lining is that this timeframe would allow Digibyte to see prices north of $10 per DGB. Time will tell. Keep watching how the DGB chart prints over these coming months. As of now I've got my eye on this angle as a potential fractal clue.. A lack of patience at this point could lead to the penalizing difference of selling/taking profits at 10 cents vs. 10 dollars. As always, zoom out. (not financial advice ;)
BITTREX:DGBUSDLong
by Ascetic_Rising
1
DGB/USD Update 4HIf btc keeps falling I'm expecting a fall down to the circled area. There are a few supports that could trigger the bounce, but hoping I can at least catch a wick on the yellow dotted horizontal line or close to it, probably around an intersection of supports. I'll just watch and see what it does. It looks like we just confirmed a resistance and about to have a bearish cross on MACD as well as 55/200 EMA Planning to buy around $0.037 - 0.004 range if looking like a bounce. Linked below are past DGB ideas as well as the most recent BTC update Disclaimer: I am not a professional, just sharing my trade ideas. Trade at your own risk.
BITTREX:DGBUSDLong
by bwymore
1