DigiByte Conquers EMA50, Bullish Breakout (66% Mapped)DigiByte (DGBBTC) is one of our old time favorite and always highly profitable... Prices can't be better right now.
DGBBTC broke above EMA50 and is now showing increasing volume... We are looking at it on OKEX for the first time.
Here we have bullish indicators, MACD and RSI, with the next target sitting at 0.00000780.
After this level is hit, there can be a short retrace followed by a big jump... It can vary wildly, but the bottom line is that we are going up.
Since we like to keep it simple, here is how we profit from the information that you just read above.
1) Buy in.
2) Wait patiently.
3) Sell when prices are up.
That is all it takes... Patience is very important because it is likely that you will have to wait.
Thanks a lot for reading.
Namaste.
(This is not financial advice)
Digibyte
Depression before disbelief - DGB market cycle coming to a closeThe weekly DGBUSD chart is showing great similarity to the classic market cycle psychological setup, along with multiple touches already this year of the 1 cent support line which is looking weaker by the day as we sit there without any movement.
I'm looking for another leg down into the depression phase that could see the price go as low as $ 0.005
I will be looking to add to my holdings between $0.005 - $0.007
Fundamentally, DigiByte seems to be quietly updating an existing product, that has real world applications, and is setting itself up to be a robust, fully decentralized blockchain for a company to build upon.
There seems to be a new media darling or two every cycle and the large gains, and excitable attention that could surround DGB has the potential to bring in a fresh round of euphoric bandwagoners to boost the price up to the next level. That and getting listed on more of the major exchanges to help with greater liquidity.
My targets for next bull cycle
$0.10
$0.30
$0.50
$0.83
$1.00
$1.30
This is not intended as trading advice. I'm sharing my plan and outlook and welcome any contrary thoughts.
Happy trading, stay safe.
DGB could get hugeDigibyte could get huge during the next week.
55 EMA and 200 EMA got together forming a good support.
RSI still has room to go up.
MACD is changing direction.
There's room of 17% profit when it tests the 21 EMA resistance again.
But it could be a joke breaking it if we consider that Digibyte has a few interesting new features that should be out in Q1.
Not a financial advise, but DGB is looking good after a hard bottom. Just take a look at charts and read news about them.
DGBBTC : Falling Wedge on classical support and resistance Zone.DGBBTC : Falling Wedge on classical support and resistance Zone.
1 Day Time market is Bullish Confirm.
Weekly or Monthly trend Bullish Not Confirm yet.
Market need to test At-least Main bottom.
I have Highlight in green where market has tested our Main Bottom But
I am not happy with that Crash still Need to wait for major trend Confirmation.
DGB Digibyte DGBBTC Trade Setup 1D TFDGB seems respected to the last waves fibonacci extension levels as 0.618 and 0.5. I predict price will respect 0.786 extension level as well, bounce from 61 sats area. Due to this fibonacci study, target will be retest of 0.618 level but in reality some price action resistances are on its way. After Poloniex exchange delists digibyte, it's now trading at Bittrex exchange with high volume.
DigiByte Hits Support & Challenges EMA10 | Where To Next?DigiByte (DGBBTC) is one of the strongest and oldest cryptocurrency projects around, solid as a rock.
DGBBTC went on a strong retrace recently and finally hit support.
The support that has been hit is a very strong one, marked on the above chart with a blue dashed line.
Notice that even though this support has been hit multiple times, each time the candle close happens above the dashed line, leaving a long wick. After the support is confirmed we end up having a bullish wave.
Just three days ago this support was confirmed and now we have DGBBTC moving above EMA10, signaling bullish potential. Based on the signals mentioned above, this can be the beginning of a new bullish wave.
Targets in the form of Fib. proportions and EMAs can be found on the chart.
Feel free to leave a comment if you have any questions.
This is Alan Masters, thanks a lot for your continued support.
Namaste.
There is a possibility for the beginning of an uptrend in DGBETHTechnical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000040 to 0.000036). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000040)
Ending of entry zone (0.000036)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000460
TP2= @ 0.0000530
TP3= @ 0.0000604
TP4= @ 0.0000767
TP5= @ 0.0000899
TP6= @ 0.0001031
TP7= @ 0.0001219
TP8= @ 0.0001459
TP9= Free
There is a possibility for the beginning of an uptrend in DGBETHTechnical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000040 to 0.000036). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000040)
Ending of entry zone (0.000036)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000460
TP2= @ 0.0000530
TP3= @ 0.0000604
TP4= @ 0.0000767
TP5= @ 0.0000899
TP6= @ 0.0001031
TP7= @ 0.0001219
TP8= @ 0.0001459
TP9= Free
Bitcoin -What'd I tell you about looking at 1 minute candles?
People. Please, stop looking at 1 minute, 1 hour candles, and fudding.
Bitcoin broke past the cups rim, went much higher, and now has been simply retracing to it's main support line, around $6000, it shouldn't go much less than that. Once we hit 6K, I believe we will have some consolidation there, which will prepare us for the 3rd wave up, taking us to 20,000k and beyond.
...Once we break past 20,000k , then alt season begins.
There is a possibility for the beginning of an uptrend in DGBETHTechnical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004050 to 0.0000360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004050)
Ending of entry zone (0.0000360)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000460
TP2= @ 0.0000530
TP3= @ 0.0000604
TP4= @ 0.0000767
TP5= @ 0.0000899
TP6= @ 0.0001031
TP7= @ 0.0001219
TP8= @ 0.0001459
TP9= Free
There is a possibility for the beginning of an uptrend in DGBETHTechnical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004050 to 0.0000360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004050)
Ending of entry zone (0.0000360)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000460
TP2= @ 0.0000530
TP3= @ 0.0000604
TP4= @ 0.0000767
TP5= @ 0.0000899
TP6= @ 0.0001031
TP7= @ 0.0001219
TP8= @ 0.0001459
TP9= Free