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Digibyte

DigiByte Breaks Its Downtrend | Manual Stop-loss Saved Us!DigiByte (DGBBTC) broke its downtrend on the weekly time frame (left) and printed a clear reversal candlestick (circled in blue). We can expect for DigiByte to recover here and a start a new, strong and sustained uptrend... Yes, I am calling for a change of trend here. DGBBTC hit bottom on a low wick at 15 satoshis. If you follow "conventional" trading and had a stop-loss in place, you would get killed here and lose all of your money to this long wick. We use what I call a "manual stop-loss" and only activate this based on the weekly candle close. The same candlestick that hit 15 satoshis, ended up closing at 85 satoshis. We have an active trade for DigiByte and our stop-loss is a weekly close below 82 sats... So for use we remain active, our funds are safe and we can collect profits up once the trend change. Here you can read more about our manual stop-loss strategy: Thanks a lot for reading. Namaste.
Long
by AlanSantana
19
Can DGB do another 90% drop? VERY possible. We are riding too close to this support level, and if we crash through it there's nothing to hold it up anymore. That is a HUGE gap to fill. I am not predicting this will happen, but for all you hodlers out there, DGB has not done anything this year except drop in USD and BTC. Now that everything is dropping it could tank even more, so buyers beware. This is still risky IMO. Now there's also a chance we completely blow out of the water on this one since it still hasn't shown us any action this year. I still worry though, look at that nonexistent volume over the last many months. Up to you to decide.
DShort
by jbutler7
4
Bullish divergences in DGBMostly presented without comment. DGB had MASSIVE gains last time the charts were oversold like this on the larger timeframes. There's slight bullish divergence that looks like it did before reaching 13 cents. Is this too good to be true?! I mean, alts are eventually going to have to catch up, and DGB could be the perfect put since it has a LOT of room to fly (presuming it's not dead). Lots of other coins could be reaching short term limits being overbought already. This may convince me again of DGB. But still, it would probably be a shorter hodl than my LTC and BTC bags.
DLong
by jbutler7
2
DGBBTC a bearish shark move | Upto 780% or more profitThe price action has formed a bearish shark from X to C leg. Now the priceline has entered in potential reversal zone and we have pivot 1st support withing this PRZ area which will push the up to hit the sell targets soon insha Allah. Volume profile is also showing very poor interest of traders in this area. The targets are: Buy between: 0.00000168 to 0.00000001 Sell targets: Secure sell targets: Sell between: 0.00000338 to 0.00000694 Aggressive targets: Sell between: 0.00000808 to 0.00000969
Long
by moon333
DigiByte Price Analysis DGB / USD: Powering UpFundamental Analysis DigiByte price is pumping after the partnership announcement with Netherlands-based company V-ID. In cooperation with V-ID, DigiByte is launching a new ID verification tool that will validate and verify the authenticity of social media profiles. The tool will also help to further increase awareness and adoption of the DigiByte Blockchain. DigiByte / USD Short-term price analysis Digitbyte has a bullish short-term trading outlook, with the cryptocurrency rebounding back above its 200-period moving average on the four-hour time frame. The four-hour time frame is showing that a complex inverted head and shoulders pattern has formed, with the DGB / USD pair testing back towards neckline resistance. Technical indicators on the four-hour time frame are bullish and continue to issue a strong buy signal. Pattern Watch Traders should note that the DGB / USD pair could target the November 2018 swing-high if the bullish pattern is fully ignited on the four-hour time frame. Relative Strength Index The RSI indicator is also bullish on the four-hour time frame, although it is starting to correct lower. MACD Indicator The MACD indicator is bullish on the four-hour time frame and is continuing to generate a buy signal. DigiByte / USD Medium-term price analysis DigitByte has a bullish medium-term outlook, with the cryptocurrency testing towards the upper end of its yearly trading range. The daily time frame is showing that the DGB / USD pair is trapped within a rising price channel, with buyers attempting to make a much-anticipated bullish range-break. Technical indicators on the daily time frame are rising and are starting to issue a buy signal. DGB / USD Daily Chart by TradingView Pattern Watch Traders should note that if a bullish range-break occurs the DGB / USD pair could test towards the October 2018 trading high. Relative Strength Index The RSI indicator remains bullish on the daily time frame, although it is attempting to correct lower. MACD Indicator The MACD indicator on the daily time frame is rising and is starting to issue a buy signal. Conclusion The latest move higher has been unable to change the technical dynamics for DGB / USD pair, with the cryptocurrency remaining trapped within its established range. If bulls can ignite the large bullish pattern on the four-hour time frame, the DGB / USD could finally make a much-needed medium-term range break.
D
by CryptoBriefingTA
#DGB : Upto 300% Profits Opportunity In The Mid Term. #Accumulation_Recomendation Pair : #DGB / #BTC Platform : #Binance RSI : 49 Volume : A good amount of volume circulating on the 1D chart. **Note : #DGB was on a downward trend for such a longer time and tried to make a reversal move on Mid May which was once again rejected and goes down to the lowest points. For now it showed a very good bullish candle stick formation and seems to be breaking the falling resistance line depicted by red line. If it can continue to and close above the red resistance line it will be a confirmation for a reversal upward trend and a beginning of an elliott waves creation. MACD seems to be returning to be bullish and RSI is already in a bullish state. Further EMA is looking bullish too in favor of the bulls for now. Current Accumulation Area : 150 sats - 165 sats Distribution Targets Short Term : Target 1 : 177 sats Target 2 : 195 sats Target 3 : 210 sats Target 4 : 238 sats Target 5 : 251 sats Target 6 : 273 sats Mid Term : Target 7 : 308 sats Target 8 : 421 sats+ Stop Loss : 124 sats Risk : High Capital Allocation : 5%
Long
by cryptotalk_et