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Digibyte

Digibyte flirting with 2018/2019 low - support and bounce?If BTC's expected grind down continues, DGB is due to hit its 2018/9 Low . This will likely occur in the next two weeks and with the Stochastic RSI primed this event brings with it two distinct possibilities: DGB bounces back up 50-70%, such as the recent Nov and Dec bounces DGB cannot find support and sinks lower, likely at least 20% down, creating a new 2018/2019 low Either way, it would not be wise to enter a trade until we see how DGB responds to the 2018/9 low... but should a bounce occur, a well-timed entry could prove very profitable indeed. Remember: always always have a stop-loss; a trailing one if possible. Links below to the combined RSI/Stochastic RSI and 50/100/200 Moving Average indicators. Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.
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by BCryptological
DigiByte Ready For The Next CycleWelcome Back! Today I made an update on Youtube detailing 3 coins i felt were ready for a new cycle. DGB was on that list. With that being said, let's dive into this and see what is in store for us! Taking a look at the daily chart, We have finished the 3 step process I look for when finding a profitable market cycle. What you want to see first is always Capituluation. Capitulation happens after the bear crash after the parabolic trend has broken. With Alts, this usually means at least a 75-85% correction.. Capitulation occurs once the retail investor has sold all his positions he accumulated during the parabolic run up. These are the investors that lose! Next comes Accumulation/Distribution. Usually this is where you start to see people taking positions and laddering in after the crash. Many think this is the bottom however, its often not that simple.. Lastly, we have the final sell off. This occurs once support is broken and we fall for one more lower low. This is where smart money takes large positions before the eventual hype cycle to follow! After analyzing DGB's cycle its becoming clear to me we are at the final sell off thats ready to spring load this market to new ATH's. Pack your bags fam, this ones ready to rip! God Bless, JolleyCrypto
DLong
by UnknownUnicorn846565
3
There is a possibility for the beginning of an uptrend in DGBETHThere is a possibility for the beginning of an uptrend in DGBETH Technical 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 48. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00016500 to 0.0000686). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00016500) Ending of entry zone (0.0000686) 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 the 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= @ 0.0000903 TP2= @ 0.0001034 TP3= @ 0.0001221 TP4= @ 0.0001458 TP5= Free
Long
by ForecastCity
#Digibyte - let's catch a knifeI'm back again with another perilous knife-catch attempt. My last few trades have either turned the smallest of profits or a very slight loss as I'm running some tight stops with these trades given market conditions. Digibyte is now back at a key support level, having made a steep decline today and I would love to see a nice bounce from here. A surge to around 300 sats would take us to a previous area of support. Come on $DGB, bring me an early Christmas present!!!
Long
by matt8932
1
DGB/BTC: Up to +300%DGB/BTC: Up to +300% NEWS: -Digital Currency Con (03 December 2018) -Breakthrough Pittsburgh (08 March 2019) Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” Sir John Templeton: ''Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell. '' ''If you want to have a better performance than the crowd, you must do things differently from the crowd.'' ''The four most dangerous words in investing are 'This time it's different'.'' Alan Greenspan: ''Amateurs want to be right. Professionals want to make money.''
Long
by Counter
17