DGB CRYPTO THERMOMETERas a measure of trade, where will digibyte find itself on the scale in the coming years?
Digibyte
Digibyte – DGB – Another bull ride? Huobi listing – 17% in 12hHi Guys. Are you trading well? :)
Today many crypto are in the correction but there are few which actually grow!
Yes – this is our favourite Digibyte.
Today they announced that Huobi Global (headquarters in Singapore) will be listing DGB starting from tomorrow (20.07.18). This may significantly influence the price as another big exchange decided to list this asset.
Once it was announced the price bounced off from the level of 0.00000550 (also local support).
We stopped at one of the Fibonacci level at 0.00000643 (previous local resistance) which gave us 17% return in just 12h hours.
We anticipate to face small correction at Fibonacci’s level 0.00000600. Once bounced off from this level and with volume growing, BUY DGB.
Please look at the chart.
We already crossed Tenkan-Sen line which means safe BUY.
Weis Waves – still much demand and small amount of supply – bullish
CMF – we have crossed 0 level which is the signal to BUY
Chart pattern – Head and Shoulders identified – again bullish
Head and Shoulders pattern identified.
MACD – its bottoms are higher from one another – positive convergence
We also incorporated new approach when identifying turns of trends on MACD chart.
We were inspired by Gann Fan and Gann’s angles. The key angle is 45 degrees. When in uptrend above this angle we have a strong uptrend. Below we have turn of the trend/correction.
When in downtrend, below 45 degrees’ angle we have strong downtrend and when above we have a turn of the trend. So we applied this strategy on MACD chart. Why? When you compare this indicator and price chart you will realize that buying/selling when MACD crossed signal is actually too late especially on the short- term. Cryptocurrencies are so volatile that in order to earn money we have to react much faster. So we observed that angles up to 60 degrees are weak signals. There is one excuse on 25th June – in such case we can always wait for the confirmation which is crossing the signal. Anyway that happened only once out of 11 cases marked. Over 60 degrees signal is strong and over 70 very strong. For us it makes great sense. We can react much quicker, earn more money and also this fits in with the technical analysis suggested by Gann.
So dear Traders, this coin should be very profitable within next days/weeks.
What do you think about our new approach?
If you like our analysis, give us a like and in order not to miss any update don’t forget to follow us.
Thank you for reading.
HUGE Hugs!
WBM Team
DIGIBYTE: HUOBI & BITTREX EXCHANGE LISTINGS - PROFIT = 25.20% !Our "Crypto Bottom" Trading Indicator has correctly identified a buy in point on the 19th of July 2018 .
Using this buy in point and selling at today's peak price as identified, you would have expected to net 25.20% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Abra the first and only all-in-one app adds Digibyte to its app ( Abra -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 -0.16% 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 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.
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 LONG target with potential 250% ROIActive trade setup on DGBBTC from a confirmed breakout of pattern on the DAILY chart.
Projected target shown. Stops below the consolidation zone and move to break-even as soon as possible.
With such a big profit target, I will be monitoring small time frames for continuation patterns to add to position. Recommend laddering and taking partial profits along the way.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
The Digibyte Bull Is Rearing To Go!DGB is building a nice pennant right now. The RSI is strong, the stoch is oversold, and we have 3/3 bull signals from the ichimoku cloud. Looks like a great opportunity.
#DIGIBYTE #BITCOIN #BITCOINPRICE #TRADING Price is going down. It could rise up between 2018/08/16 and 2018/21/08. Let's see.
DGBUSD - Digibyte is on the supportDigibyte is in the support area and is on the trend line, there is a good chance to move up.
In the last 24 hours price fell by 8,84 % and it's bigger dump than others crypto. People withdrawed their profits from DGB, thanks to that the price is on the interesting level.
DGBBTC - price in buy zoneLook at the chart, the price is in the area where the the price always pushed higher in the past. These is a good chance to move up and good zone to buy.
You give me joy joy, DGB/BTCFriday 13th!! Last month Digibyte got my attention upon our trader friend Alan Master's call. From the day I looked at this chart, dgb only gave me joy, joy down to my soul. I sold the profits that I made (Namaste) but kept the original position, so I'm very interesting in what's going on with Digibyte in the crypto-markets while I'm getting ready to buy more.
Well, looking at the daily chart and setting only a few indicators to keep it simple (and also because I'm not pro), this altcoin is bullish all the way. A small bounce could be spectated in order to squeeze up one more time, though the retracement shouldn't go lower than .00000550 DGB/BTC. Makes sense that volume is now on the bearish side, decreasing after the other days' high. On the other hand, and to make this chart more attractive, the 20-EMA crossed above the 50-EMA a week ago and both are detaching interestingly from each other, adding strength to this over-all bullish momentum. It seems that DGB wants to run higher.
So if I'm not too stoned we are in an consolidated up-trend and, maybe, after this bounce which is natural and healthy, the up-trend will resume and looking very good. I think I'm waiting to see if the price brakes out the .00000620 resistance and go long again. Suggestions needed.
Peace.
DigiByte Short Term BreakoutWith digibyte's recent performance in this bear market and the overwhelming amount of good news coming from both the Core team and DGBAT, including Digibyte on CNBC Fast money today... It all leads up to this, the perfect storm for digibyte to gain attention and publicity in turn bringing in multitudes of new investors.
Above is an upward trend (indicated) with a Short of .05-.055 and a Long of .10-.11 cents.
Digibyte in a correction mode#Digibyte has been on a roll recently. Two weeks ago, the coin created a false break down when it pushed below the multi-week trend line but then raced higher and closed above the trend line. Since then, the coin pushed all the way to 0.00000690 but it is now retracing and looking for a healthy correction. The current move down will allow the bulls to take a breathe and facilitate more support for the next leg higher. After reaching a recent high, the coin immediately returned back to test the 38.2% Fibonacci support of the last move higher. The coin then returned higher but failed to create a new high which ultimately resulted in a creation of a lower high.
The multiple lower highs created on the H1 chart show us that the coin may continue to rotate back lower until it reaches more support from the bulls. This can happen around 50% Fibonacci support that also coincides with the horizontal support. Just below, we have the 61.8%, key Fibonacci support. I would suspect that this block of support levels will be enough for bulls to gain more support and push higher. A new push should at least test the previous high around 0.00000690, but a break might be on the cards here. The next target would be layers of Fibonacci support - 78.6% and 88.6%. Ultimately, the level to watch on a higher time frame is the previous one-year high. If one is looking to enter a long trade, then a stop should be placed below the 61.8% support, around 0.00000400 level.
DGB Count Option 2 as Discussed in TFC Live StreamHere is out option 2 for DGB from the live stream and group call. This ascending triangle is crucial and should give us the break we need to propel us into that impulsive sub wave 3 (minute). That sub wave should find resistance at the prior wedge line resistance but we can break above it on the 5th and final minute sub wave. Our primary wave 5 would then complete with supercycle wave 3 the 1.618 extension.
However, if we don't have enough power from the consolidation in this current formation, we'll break down and I'll invalidate my count and most likely recalculate with a WXY combo retracing to the .5 fib as pictured. TBD.
Good night! Trade safe my Padawans!
DGB .038 BATTLE ZONEonce resistance, may soon be support
this market is heating up
there can only be so much stealth accumulation before the market moves higher
DGB/USD refreshRefining the idea, looking a different scenarios... targets seems to stay very similar...
Digibyte - A Bullish TrendHello and thank you for checking out my charts. Although most of my money is invested in the larger market cap. cryptos I do own quite a few other smaller market cap. cryptos also. One of the small cap. cryptos that I am very bullish on is Digibyte. In my opinion, it has been one of the strongest cryptocurrencies as of late, it has shown strength even when many other cryptos were falling, including Bitcoin. I like the price chart which shows that DGB has been in a consolidating trading channel for about six months. To be honest I have no idea how long DGB will continue to trade in the channel, at this point I really don't care as I consider my position in DGB to be a very long-term position (years). I have been adding and will continue to add to my position especially on any pullbacks, ultimately I am looking at a minimum position size of 50,000 to 100,000 depending on future purchase prices.
In my opinion, DGB looks even better when compared to Bitcoin (see chart below), DGB is forming an upward sloping symmetrical triangle and has just pushed above what I see as a pretty strong resistance zone that extends from around .00000500 up to .00000600.
DGB/BTCFinished last week in 51st position to be now 32-33 th in the cryptocurrency ranking, $ DGB knows a good run, a good volume of exchange, breakout there 7 days and which is confirmed, stopped at fib 0.786 which is a good resistance, en route for the top 20?
Do not forget that we are always in a bearmarcket, which is pretty impressive because it never falters or almost
DigiByte Rejecting Support - What Next?Recently DigiByte found the support at 88.6% Fibonacci retracement. It has been trading there for 4 consecutive days, and although it tried to break below, daily close always stayed above that level.
At the same time DGB/USD reached the bottom of the descending channel and for the past 4 days price has been steadily moving up. Now DigiByte is approaching the 88.6% Fib resistance, that corresponds to the upper trendline of the descending channel as well as 50 Moving Average.
So, the $0.027 could be the key resistance level that could help to determine further price direction. Break above should result in the uptrend continuation, although the corrective move down first is likely. But on the other hand if resistance is rejected, DGB cold move down towards $0.02 support to form a double bottom and potentially even lower.
