Holds and buy the dipDigibyte get setback and delay lately from continuing upwards after the Bitcoin had the recent correction of 20% down. Digibyte has the potential of growing up 100% up to 0.19- 0.20 in the near short term. As we see we have Digibyte fall from the 0.15 area to 0.10 now touching the major support line of 0.097 but did not cross it. Also we have the trend is going into a falling wedge witch near the end now.
Falling wedge is a Bullish pattern, so I expect the breakouts should happen at some point soon. in the event of DGB fall again, the next major support line is 0.0823. This could happen if the Bitcoin continue falling.
So what we are looking for now is DGB to get out of the falling wedge and also the descending wedge right after.
Good luck!
Please trade at your own risk.
Dgbusd
Digibyte about to have a key breakoutDGB is one of the older coins and has been lagging significantly. Definitely one linked with SC & DOGE which also did a full cycle vs BTC. Look very nice and healthy and in my opinion once it closes above 200 sats it could easily go much much higher. It has a pretty big fan base and I am surprised it hasn't pumped yet given that many coins that have similar 'prices' (100-300sats). Given that even DCR has spiked higher, DGB should start rallying soon or it might be a sign of weakness/
Digibyte USD Bearflag possibilitiesLast week, my Digibyte idea became invalidated due to the huge market sell-off. What was once a nice looking Bullflag and/or sym. triangle quickly became a bear flag on the 4 hr timeframe, as shown in this current chart. We must wait to see if the bearflag is breached to the upside.. or if it breaks through to the downside. If broken to the upside, then target is previous high. If broken to the downside, then the green trend line is the next support. However, we must wait to see how this flag plays out.
DGB ready for next leg upDGB is forming an ascending triangle and also there is a double bottom. DGB has one of the most active teams in the crypto space and the team is working hard on the developments of the project. We are expecting a good rally in DGB after it breaks the horizontal line resistance of $0.126.
Buy Zone: $0.15 - $0.12
Target: $0.133 - $0.146 - $0.158 - $0.169 - $0.183 - $0.198
Digibyte is about to 3x (theta-like run eminent)After following theta's mega-run over the past few months, I decided to take a glance at the chart. Lo and behold, there appears to be some stunning similarities when compared to Digibyte.
This little fractal may be indicating that Digibyte is about to follow theta's moves and do a theta-like run up to around 50 cents.
Yes, 50 cents.
Additionally, Digibyte is so undervalued that its market cap 50 cents would still be well under $10 billion. In other words there is a lot of room to grow. I expect Digibyte to be trading for up to $2-$3 at some point during this market cycle.
Stay tuned.
Keep an eye on trading volume as well. The 24 hour trading volume on Digibyte is currently sitting close to 50% of its total market cap...Something to think about...
(not financial advice ;)
DigiByte (DGB) - April 21Hello?
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(DGBUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 0.1119873626-0.1483145805 section.
If it falls at 0.0756601446, you need a Stop Loss to preserve profit or loss.
If the CCI line falls below the EMA line in the CCI-RC indicator, volatility may occur, so careful trading is necessary.
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(DGBBTC 1D chart)
It remains to be seen if it can rise along the uptrend line even with support at the 221 Satoshi point.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
DGB has not exploded yet. Buy DigiByte and wait for pump!🚀DGB has not exploded yet, if you are searching for coin which didn`t jump yet it may be good option for you. In USDT chart look very bullish but in BTC pair we are still at the bottom. We believe that DGB will give us huge profit during this bullrun. Buy and wait for pump!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
DGB - Just started buying this oneBased solely on the technicals, I'm starting to trade this one. Could be a gem, could be a turd. Guess we'll see.