DGBUSDT
$DGB/USDT 8h (Binance Futures) Descending trendline breakoutDigiByte has broken out bullish and volume is increasing, we expect it to keep going up!
Current Price= 0.07276
Buy Entry= 0.07260 - 0.06760
Take Profit= 0.09710 | 0.12790 | 0.18230
Stop Loss= 0.05657
Risk/Reward= 1:2 | 1:4.27 | 1:8.29
Expected Profit= +38.52% | +82.45% | +160.06%
Possible Loss= -19.30%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
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.
DGBUSDT 1H long setup; Bouncing from bottom of parallel channelTA explained
DGB forming a reversal pattern at the bottom of the parallel channel. Using a tight stop here in case it isnt able to reverse after all.
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Trade setup
Best entries: 0.12675 - 0.13090
TP1: 0.14274
TP2: 0.15572
TP3: 0.16942
SL: 0.12091
RR: 5.21
Max leverage: 2x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
DGB/USDT has great growth potential!Hi every one
DGB/USDT
DGB/USDT has formed a cup and handle pattern which means the price can increase after the break out happens there is also a Hidden bullish divergence (+HD) on MACD as well which strengthen our expectation about the bullish movement!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
DGB ready for 300% explosion?The market has been exploding everywhere today.
Was scanning through some charts and stumbled on DGB/USDT
Full disclosure I'm not in DGB and this is the first time looking at the chart....
BUT
This coin looks primed to explode.
If it can break out of this triangle it can hit .20 which is nice. On the macro though a move out of this triangle would likely pull it out of a larger wedge it has been forming and should be the start of it's move to .57!
Nearly 300%... Those are real gains right there.
DYOR on the coin though.
Coinmarketcap shows a market cap of 3B and is ranked #65. So relatively good market cap size and more established looking coin.
A trade set up is there. Used a real tight stop loss as a break below the triangle would not be good.
Let me know what you think!
BINANCE:DGBUSDT
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/
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