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Digibyte

Bullish Flag Formation (4h chart)As I said in my preview post, "we have a possibility of bullish flag formation, if DGB breaks below 210 (under pennant), but hold above red/orange line." Now, we have a bullish flag formation. If candle close above 215, DGB will turn bullish. If candle close under 185, DGB will turn bearish. Support at 190 (EMA 200 + flag bottom). EMA 50 / 200 didn't cross (very bullish signal). Very strong resistance RSI at 60, DGB will need a large volume to break that level. I hope you enjoy this update.
Long
by WgrCryptoGuy
2
Digibyte 4h UpdateAs I said in my preview post, we have a strong RSI resistance at 60 level and other strong resistance at 220 sats (both were clearly marked on the chart). If Digibyte breaks these two resistances, a big upward movement will be expected. 1 - EMA 50 / 200 didn't cross (very bullish signal) 2 - Pennant formation 2 - MACD going up 3 - RSI fighting to break the resistance (+-60) 4 - Support at 190 sats. If Digibyte climb above 225 sats (candle closing above 225 sats), a great upward movement is expected (uptrend reversal)
Long
by WgrCryptoGuy
1
DGB/BTC 4h BittrexAfter our successful last trade DGB is falling back to the green uptrend line. If this holds we might be in for another leg up. Buyzone is around the Blue and Green supportlines within the Yellow circle. (218 sats or lower) Look for a reversal signal first!! -Invalidated if: Green support breaks. -Stop Loss: just under the support line. -Take profit: 250 and 315 resistance or hodl. (If green trend line breaks, look for the other scenarios in blue and red) My charts are my own and for personal use. This is in no way, shape or form financial advice. If you like my content, please support with thumbs up, comment, subscribe or share. Thanks to all, good luck!
Long
by UnknownUnicorn1082152