Short term outlook for DigibyteDigibyte seems to be ready for another move to the upside here.
It has been consolidating nicely since hitting 9 cents a few weeks ago.
In the bigger picture, DGB has been moving sideways for almost 4 years and is ready for an explosive move soon. Remember, price discovery mode kicks in around 14 cents so be ready for a huge impulse wave up after achieving new a new all-time-high.
The speculative short-term forecast here is based off a recent fractal that dgb seems to be repeating. Time will tell.
(not financial advice ;)
Digibyte
Digibyte and it's rise to fame!Digibyte IMO is one the best projects in the crypto space especially at it's price point. It is extremally undervalued at the moment and has lots of room to grow. Great fundamentals and the now the technicals are screaming BUY! The RSI has shown strength and stayed above the 50 on the weekly and is looking to make a new high hopefully in April.
What is digibyte?
decrypt.co
Full disclaimer, I do own digibyte and fully expect it to rise this year substantially.
I am also not your financial planer, do your own research and invest responsible.
DGB $DGB DigiByte All eyes on the 14th of March for a breakout.Originally I saw an ascending triangle but after looking again I believe we have flag pattern here. Price movement has stabilized a little, trading in between .618 and .50 fib levels, I look for the movement to respect this bottom ascending flag line until it pushes up past the .50 fib, once price breaks past $0.06 at around or on the 14th of March I look for price to make a major run because of dense consolidation. What do you all think? I think we will run up to $0.11, retrace back to $0.08, and then up to $0.20.. after that point I hope we go into a small price discovery being as $0.14 is ATH on this coin, and we may be at the beginning of a massive bull run across the entire crypto market because of institutional adoption and major news. I am bullish on DigiByte, reward far outweighs risk IMO. DGB fundamentals are amazing. DGB is the longest OTXO blockchain in existence, even surpassing Bitcoin(BTC). DGB is also a great option for long term investors.
DigiByte (DGB) Bull signalDigiByte has retraced to the golden pocket (0.618-0.65 fib level) and is now consolidating at the 0.5 fib level between the 100 and 200 EMA.
As soon as DGB flips the 100EMA to support the bull run will resume.
Now is the time to load your bags. Keep stops in place in case Bitcoin dumps and takes the market with it.
DigiByte (DGB) Bull signalDigiByte has retraced to the golden pocket (0.618-0.65 fib level) and is no consolidating at the 0.5 fib level between the 100 and 200 EMA.
As soon as DGB flips the 100EMA to support the bull run will resume.
Now is the time to load your bags. Keep stops in place in case Bitcoin dumps and takes the market with it.
DigiByte uptrend not broken!We can see the original uptrend for DGB is not broken yet! BUT we are very close to do so, once we go below .05 i think there is not going back up again.
our only hope is for BTC to start pumping.
lets pray!
Digibyte with BTC pair formed Cypher for upto 72% profit rallyHi, dear friends, hope you are well, and welcome to the new update on Digibyte coin.
On the daily time frame chart, the priceline of DGB with Bitcoin pair has completed the formation of bullish Cypher pattern and after hitting the spike in the buying zone it has moved up but I am expecting that it will give us another opportunity to catch it from this potential reversal zone level. There are also 50 and 100 simple moving averages supports in the potential reversal zone.
This trade has a big profit possibility of 72%, and the loss possibility is 17%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
DGB trend breakWe can see DGB downtrend break at 0.58 aligning with previous support.
Now new resistance is made, hope to bounce a couple times and then break it leading to ATH
Sideway accumulation zoneSideway accumulation is being done;
MACD is going to neutral (confirming accumulation zone/ healthy correction);
Stoch RSI is ready to go;
RSI is holding 22 days above 50;
Digibyte is holding 22 days above EMA 50;
The chart remains bullish.
I'm seeing 2 scenarios:
1) Accumulation for 2~4 days + uptrend breakout or
2) Another bear trap touching EMA 50 and skyrocketing fast (14 Feb scenario).
Target: U$0,10
Sideway accumulation zoneSideway accumulation is being done;
MACD is going to neutral (confirming accumulation zone/ healthy correction);
Stoch RSI is ready to go;
RSI is holding 22 days above 50;
Digibyte is holding 22 days above EMA 50;
The chart remains bullish.
I'm seeing 2 scenarios:
1) Accumulation for 2~4 days + uptrend breakout or
2) Another bear trap touching EMA 50 and skyrocketing fast (14 Feb scenario).
Target: U$0,10
Digibyte accumulation zone1) Digibyte still in buy zone (140-150 sats) - Good accumulation;
2) Bullish RSI (holding above +-45);
3) MACD almost crossing;
4) Digibyte will have a strong movement at any time.
Target: 200 sats
Ps: PARABOLIC advance still intact in DGB USDT chart!
Flag BREAKOUT!1) Bullish flag breakout;
1) Bullish trend;
2) Bullish RSI;
3) Bullish MACD;
4) Bullish EMA 50/200;
I'm 100% LONG in Digibyte!
Target: 200 sats / U$0,10
10 Cents TomorrowIf this step-ladder fractal keeps playing out we should see 10 cents no later than tomorrow.
Remember, after 14 cents, we enter price discovery mode!
Stay tuned
(not financial advice ;)-<
DGB MAY 20 @ $1.20 - S-CURVEs-curve brings DGB to $1.20 on May 20
on the low end of my expectations for dgb over the coming months with targets at $2.40 and $5.00 in optimal bull market conditions
DGB 2021next year could be an exiting year for DGB
altseason is at the starting line
when DGB exceeds the ATH of .13
that should be the start of a series of impulse waves
I do expect these zones to be visited
not financial advice
Digibyte: New All-Time-Highs Soon?If BTC keeps steadily moving up, this is roughly what we can expect out of Digibyte.
Obviously, btc has a mind of its own, so if this parabola breaks - it's likely due to a btc correction.
I was not expecting to see DGB reach all-time-highs this quickly, but it looks like the time has come.
After almost 4 years of sideways consolidation, Digibyte is ready to run.
(not financial advice ;)-<
Digibyte can reach 380 sats (3rd wave)Past DGB movements:
First wave: 110 to 175 sats ✅
Second wave (correction): 175 to 147sats - Perfect fibo 0.382 retraction ✅
Now, it's time to the third wave.
The 3rd wave is always bigger than the 1st wave (2x / 3x bigger).
If Digibyte breaks 175 sats, the 3rd wave is confirmed.
Target 1: 250 sats (1.618 fibo)
Target 2: 310 sats (2.618 fibo)
Target 3: 380 sats (3.618 fibo)
We are waiting the breakout!
DGB FOMOI would have liked to see this fomo much later in the bull run, and perhaps there will be another moment where fomo impacts the DGB charts.
The switch on the MACD line (right after a buy signal went up) has only happened once since this run up began.
Typically, it's 3-days up, 1-day down.
I think the reason for this is Fomo. DGB popped hard last night around 3am. When people woke up this morning and saw that DGB was up 20%, they jumped in and drove the price up substantially – to the point where we saw DGB in the number #1 spot (up 34%) on Coinbase today. This was not the way DGB was rising — slow and steady.
We want slow and steady, not pump & dumps.
Having said that, I think tonights MACD crossover into red candles are an outlier (correction from the FOMO buys this morning), and not in alignment with the trend we've seen recently.
In my opinion, DGB continues to rise over the next three days, until we get a sell signal. :)
I am not a financial advisor. These charts and posts are for my own personal documentation purposes only. Do your own research before investing into crypto.
Healthy CorrectionIt's time to healthy correction (bullish continuation pattern).
BUY ZONE:
I expect a good support at 150 sats (0.382 fibo), before trend continue the long run (first entry).
But, we could see 140~150sats range (second entry).
Don't miss the Digibyte long run!
Digibyte: Get Ready for All-Time-HighsVolume traders know what's coming for Digibyte.
Digibyte hasn't seen (increasing) levels of volume like this since it was over 10 cents. Over $200 million 24hr volume for DGB, which is a lot .
New all-time-highs are coming soon for Digibyte, sooner than most might expect. This parabolic run isn't over yet.
Keep your eye on rsi for signs of imminent price action to the upside.
(as usual, not financial advice;)-<
