Digibyte Wedge..Digibyte is forming a wedge and after breaking the small resistance of $0.028 we could see this as a good support. Looking to push towards $0.032.
Digibyte
Digibyte Is Gearing Up For A RunDigibyte looks great at the moment. Building a long term symmetrical triangle. Good reversal on the bottom edge. Stoch oversold. Might see a pattern like this play out.
Digibyte fails to close above the 200 DMADigiByte is currently rebounding after breaking the triangle for the second part. The first break resulted in the price returning to inside part of the triangle, testing the upper resistance line, ultimately failing and returning to the downside, but now with a more substantial break. As the price has consolidated below the triangle now, the opportunity may be found in a re-test of the broken triangle support trend line, now as a resistance. In the majority of cases, the price re-tests the broken trend line, rotates and continues in the direction of the break. If this is the case here, look for new swing lows. On the downside, watch out for two important support zones - 1) 61.8% Fibonacci support couples with the horizontal support and 2) 78.6% Fibo coupled with the horizontal support as well. Both support zones can be seen as trading opportunities. On the upside, the triangle support zone is still a valid resistance but now coupled with the 100 DMA as well. It is important to note that the price action broke the 200 DMA yesterday, closed below it and it is now testing it in the form of a resistance.
Digibyte Exposure.Digibyte is holding along the trend line and is looking to break out, finding resistance at that level and looking to drop slightly and bounce right back up.
DGB Long at 430 satoshisLong at 430 satoshis
Small equilibrium pattern forming where it currently is.
This matches the bullishness found on twtr and solume.io
The Next Crypto Boom Has Begun, BTC to 100k+ Next Year (EW)It looks like we have completed a diametric Elliott wave pattern, and we are now very slowly beginning our ascent towards 100k+. This should begin to accelerate as we continue to climb towards all-time-highs. Wave-g ended up being very short in time, actually the shortest wave of the whole pattern. However, it's still within the parameters of being time-similar with the other 4 smaller waves. All of the rules and guidelines are there for a completed diametric in this position, and the count also fits on many other cryptocurrencies as well, implying that we are going to see a market-wide bull-run beginning around this time.
Within the coming weeks we will likely never see these prices for most top cryptocurrencies again, and many currencies will increase 10-100x within the next year, some may even do more, like they did last year. Bitcoin will likely be at 40k by the end of the year and over 100k sometime next year. However, many smaller cryptos will have much larger percentage gains, and some cryptos may end up over taking bitcoin in market capitalization due to fundamental flaws with Bitcoin's code, such as the blocks becoming full leading to transaction speeds decreasing and costs increasing, as well as slow confirmation times in general, and no real plan to fix this on the base layer. Along with poor leadership and a fractured community. Despite these flaws, BTC and many other cryptos that do not have these flaws will likely see trillion dollar market caps by next year due to increasing adoption and collapsing national currencies due to global trade wars and currencies wars.
As for what coins I think will be the most profitable, here's a list of coins that performed exceptionally well towards the end of the last boom (excluding BTC), and for some at the very beginning of their history. The reason why I'm using such a small time frame is because many of these coins have had very short histories so far and this was really the only part where we have an example of the bullish velocity of some of these newer cryptocurrencies, which appear to be fundamentally sound. They may slow down somewhat, but history has shown that in general cryptos tend to follow a fairly consistent velocity on a logarithmic scale, so we should still see some pretty massive gains from most of these cryptos over the next few months, among many others.
A trading opportunity to buy in DGBETHTechnical analysis:
. DIGIBYTE/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000771 to 0.0000686). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000771)
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
A trading opportunity to buy in DGBETHTechnical analysis:
. DIGIBYTE/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000771 to 0.0000686). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000771)
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
Bitcoin: The Much Bigger Picture. It's easy to lose sight of the forest when focusing on the tree's. Back in Febuary 2018, I draw a very similar chart. Coins return to their average. I think the rest of this year will be a correction, as it's been for the last 8 months. Then next year we will see a Major Bull run.
Bitcoin: The Much CLEARER picture.Bitcoin: The Much CLEARER picture.
I made a chart recently, but did't take into account more of Bitcoin's History. This chart is pretty revealing and it's what we could potentially see Bitcoin at, and sooner than later.
Digibyte opportunity! DGB/BTC BITTREX BACK ON THE RUN!So Digibyte was on under my attention this whole time since on the last breakout of crypto we saw Digibyte getting us good returns going from 0.000003 BTC to 0.000006 BTC which is solid 100% gains, now we are in our buy in zone we had a small pump and tested our first resistance and we are back in the buy in zone so was a good opportunity to sell and buy back now. We have 2h stoch dead, a big green wave on ewo after retracement so we do have bullish signals in the market, I saw this opportunity a bit late in the last rubn but not this time... xD So this are the details below:
Buy-in: 0.00000374-420 BTC
Targets:
1.0.000432 BTC
2.0.000467 BTC
3.0.000513 BTC
4.0.000549 BTC
Stop-loss: 0.00000352 BTC is the last support so my stop loss is 0.00000350 BTC
Good Luck, Traders! #moon #mooncommunity
DIGIBYTE: MARKET RECOVERY & EXCHANGE LISTINGS - PROFIT = 25.95%!Our "Crypto Bottom" Trading Indicato r has correctly identified a buy in point on the 14th of August 2018 .
Using this buy in point and selling at today's peak price as identified, you would have expected to net 25.95% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Abra -21.05% the first and only all-in-one app adds Digibyte to its app ( Abra -21.05% -4.76% is an app that allows users to buy, sell and store over 20 cryptocurrencies and 50 legal currencies)
April 4: OkCoin (Korean cryptocurrency exchange) adds support for Digibyte.
April 6: Exodus Wallet adds Digibyte support.
April 14: Proposal that Digibyte will fund David Hay's Cúcuta humanitarian project.
April 18: South African cryptocurrency exchange Artis Turba adds Digibyte to its list of tradeable cryptocurrencies.
April 25: Digibyte releases their Android wallet.
April 25: Digibyte officially announces Digi-ID (integrated with their wallets). This is a DigiByte Blockchain-powered authentication service that can be used to replace username & password combinations and even 2FA. This allows users to register and login to any website or webshop with a single click or QR code scan.
April 26: Digibyte announces their IOS wallet (beta).
April 30: CryptoLark (Youtube Personality) has interview with Jared Tate (founder and creator of Digibyte). This has generated publicity for the cryptocurrency.
May 4: Okcoin (Korean exchange) lists Digibyte.
May 7: DigiByte annnounces that is now ready for cross-blockchain The Blocknet (The Blocknet orchestrates dapps and smart contracts into a "token ecosystem" via blockchain routing & decentralized exchange).
May 31: The NASDAQ for encourages investors to look at the DigiByte via their article: "20 Cryptocurrencies to bet the house on".
June 4: Digibyte gets mentioned in a Techcrunch article.
June 5: DX 0.78% -0.16% 0.08% .Exchange adds Digibyte.
June 5: Guarda announces support for Digibyte.
June 6: Livecoin (cryptocurrency exchange) adds the following Digibyte trading pairs: DGB/ETH, DGB/USD and DGB/EUR.
June 6: Digibyte announces that Digiwallet RC7 (Android) has an 86% adoption rate and is 100% crash free.
June 7: Jaxx wallet announces support for Digibyte.
June 11: Instaswap lists Digibyte.
June 14: Maple Exchange lists Digibyte.
June 18: ezBtc Exchange lists Digibyte.
June 21: LINDA mobile/web wallet adds support for Digibyte.
June 22: OOOBTC Exchange announces that it will list Digibyte on the 25th of June.
June 22: Changenow Exchange lists Digibyte.
June 23: Digibyte adds the possibility of a proof of stake function to Digibyte.
June 27: Digibyte gets added to the Atomic Wallet. This allows users to access the Atomic Swap Decentralized Exchange.
June 27: Vertpig exchange lists Digibyte.
July 10: Digibyte's official android wallet is released.
July 10: Jaxx lists Digibyte.
July 10: Leading payments solution platform UTRUST has announced a technology integration with Digibyte.
July 13: Cryptopia lists Digbyte.
July 13: Abra -21.05% announces that it enables purchases of Digibyte using Visa or Mastercard in over 30 countries.
July 17: Bitbox (an exchange that uses the LINE app) lists Digibyte.
July 18: Bittrex lists Digibyte.
July 19: Huobi lists Digibyte.
August 4: Bitsten adds Digibyte.
August 8: Coindirect adds Digibyte.
August 11: Jaxx Wallet integrates Digibyte.
The positive developments have led to the increase in demand for and hence the price as well as the general recovery in the crypto markets.
***The "Crypto Bottom" crypto trading indicator used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)***
Digibyte Short and Long Options...Digibyte currently in a trading range, a break either way will dictate the direction for the next week or so, a daily candle close above $0.28 will see us retest $0.031 but a candle close below $0.024 could see us retest $0.020.. I am very bullish on Digibyte longterm and believe we could be seeing a $0.75 token for sure in a few years..
There is a great opportunity to buy in DGBUSDTechnical analysis:
. DigiByte/Dollar is in a downtrend 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 35.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.023 to 0.011). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.023)
Ending of entry zone (0.011)
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= @ 0.031
TP2= @ 0.037
TP3= @ 0.049
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free
There is a great opportunity to buy in DGBUSDTechnical analysis:
. DigiByte/Dollar is in a downtrend and the resumption of the uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.023 to 0.011). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.023)
Ending of entry zone (0.011)
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= @ 0.031
TP2= @ 0.037
TP3= @ 0.049
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free
DGB DigiByte Sliding Scale - MAP This course map , can slide to scale as seen in video. Its interactive and flexible to the current price movement. These lines can act as trend lines, cross-ups , cross-downs, support and resistance. Right now we see DGBBTC recovering from an oversell. Alt-coins are taking a hit and if you notice, the good ones are rising to the top. DigiByte has great tech, use cases, and a strong community. I expect that funds will filter back into the long running, tried and true coins.
This is an opinion based on my insight and is not investment advice . Please do your own research.
DGBUSD - The best buy opportunity in cryptoDigibyte daily chart shows us a great opportunity to buy DGB. If you trust this cryptocurrency, this is the best time tu buy.
DGB is now oversold on RSI and MACD.
DGB has very strong structure on chart.
DGB is very popular crypto asset of traders and hodlers.
DigiByte LONG term Multi-Algo and price movementUsing fundamentals, historial time vs price, math, and geometric coordinates to predict price movement.
Coins with a long standing history have a great chance to grow exponentially. DGB is a great asset in terms of security, speed and community support.
My opinion and for educational purposes. Please do your own research.
Ready for Happy Hour?In my previous post you could see IF or WHEN DGB will repeat it self, now we follow the hourly trend downwards in the descending triangle.
RSI is weak, volume is weak... which could all result in a great buying opportunity! Buy 1 DGB and get 2!
BTC is the market leader, if that is weak... the rest is weak IMO. It appear BTC is testing the 5,9k - 6.0k range now, if it breaks... brace for impact due to the lack of underlaying volume.
That could result in us touching the orange buy box to stack up our pile of DGB.
Let's see what the weekend market wil bring us.
Trade SAFE and don't FOMO!
/M
Digibyte bearish ideaI'm still watching this and wait to see a lower price.
if bitcoin get a higher price, it can happen faster.
BULLISH >>>> DGBUSD - Inverted head and shoulders pattern Bull-market may be coming up!
H&S ?? Calling it
The Quest for more volumeVolume, volume... volume! That is what we need at the moment, the small buy or sell orders control the markets now. The believe has to get back in to crypto, that is also visible in BTC at the moment. The contracts make it so volatile, it is not possible for the average Joe to trade or to build up a nice investment.
Let's hope we hold this level of support... but judging by the overall market we might end up we a new buying opportunity to gain some more DGB.
Safe trading and don't FOMO!
/M
