DigiByte vs Bitcoin Uptrend ContinuationDuring the past few weeks, Digibyte has been one of the top gainers. After it found the support at 296 satoshis, which is 76.4% Fibonacci retracement level, price jumped up to 685 stoshis and has managed to outperform the Bitcoin by 130%.
Current small correction resulted in a drop towards 540 satoshis, where price found the support at 38.2% Fibs, also rejected cleanly so far. It DGB/BTC stays above that level, without daily close below, the uptrend continuation should take place.
Next upside target is seen at 786 satoshis, the level which previously acted as the resistance level on two occasions. Break above that resistance might suggest a potential trend reversal sending price to the new all-time high.
Nevertheless, if the current support at 540 sats will be broken a stronger corrective wave down should be expected, which should provide a good medium term buying opportunity.
Digibyte
Digibyte - DGB - just made 100% in 2 weeks!Hi Guys!
As we described this coin 3 months ago in our analysis
“DIGIBYTE (DGB) - 3100% Earnings Possible” – Seriously we have finally a massive break out. 100 % in just 2 weeks and this is not the end of the story as we still have no supply and lots of demand.
Guys Digibyte is a great project.
So short summary of what actually is.
This is the most decentralized cryptocurrency in the world - 190 000 nodes.
5 mining algorythms.
Real-time diffiuclty adjustment.
15 second block time. We tested the speed of the transfer - From exchange to cold wallet less than 30 seconds.
560 transactions per second.
Strong team with strong leader - Jared Tate hk.linkedin.com
Many exchanges where you can buy DGB (Poloniex, Bittrex, OKEX, Cryptopia and many more).
Faster, cheaper than BTC , BTCcash, Litecoin - steemit.com
Technical analysis details:
Double bottom formation observed
Just crossed 0,5 at Fibonacci extension
MACD – very positive, strong trend with triple bottom
Wave – lots of demand and no supply so far
CMF - Chaikin Money Flow - very high demand on price
Fibonacci scale:
1. 0.00000400 (achieved)
2. 0.00000510 (achieved)
3. 0.00000599 (achieved)
4. 0.00000687
5. 0.00000813
6. 0.00000974
We may expect to have higher levels as those back in June 2017 when DGB obtained 2500 satoshi.
Waiting so long for such levels may take time and it is very risky but may pay off.
For the tim e being observe Weis Waves and level of 800st.
We will post update regarding this trade.
What do you thinks guys? Please do share your thoughts in the comment section.
Thank you for reading this! Don’t forget to follow and like. :)
Hugs!
Your WBM Team
DGBBTC - Price on support The price is on support and trendline. There is a good probability for turn over.
DGB 3H WAVE UPI am not a seller here, but I might add if we see .025 again.
new volume looks like accumulation.
DGB might sprint out in front of the pack as it climbs the market cap ladder.
can't wait to see it pass Zcash, Monero, and the king of fluff Litecoin. Ha!
DigiByte Key Support/ResistanceOn the 6th of November, DigiByte did hit the low at $0.022, where it rejected the 88.6% Fibonacci retracement level. Since then price price went down again, producing spikes below the previous low. However no clear break and close below has been established by DGB.
The interesting fact is that DGB/USD is once again tested this level yesterday, and it has been rejected cleanly. Nevertheless, there is also a resistance established at $0.032, where the downtrend trendline has been rejected.
If the support will hold and price will break and close above the $0.038, the change in trend could take place, where DigiGyte could produce a new all-time high. The very strong resistance is seen at $0.185 area, confirmed by the two Fibonacci retracement levels.
On the downside, it seem that break and close below $0.016 could invalidate the potential reversal and the downside pressure would become much more obvious.
DGB 200X BREAKTHROUGHsimilar patterns to the breakout in 2017.
a considerable amount of time has gone into the consolidation for DGB
it looks like a big move is coming
What is going on with Digibyte?I have an open trade on digibyte.Digibyte pulled some expected moves
not negatively but postively.But I want to know why.What's going on.
In this idea were going to talk about what may have caused digibyte to lit very greenly
is this a sign of a new rally.Why did my other idea on digibyte didn't go as expected.
I was analyzing the weekly chart of digibyte ,I have encounterd something interesting.
What if the we are in the middle of a rally that started in march and now it's finishing the last touches.
That would explain a lot
In this picture you see the elloit 5 waves
The first wave was very short so that's why wave 5 was extended that explains why digibyte was lit very greenly
and do you remember that drop from 500 sats to around 310 sats I do. Do know what caused it?
The correction of wave 2 to was short and retraced not a lot.
It when from 283 sats to 250 sats and compared to the drop from (wave 4) 500 sats to 310 region.
Next time remember when a correction is over very fast and the rally resume you know there is a deep retrace coming.If we resume and this rate 700 sats doesn't sound strange in the ears.Let's see and wait
Taking profits on the way never hurst(mostly)
I will keep you update daily
Digibyte (Time to take profits)Wave 1 to 5 is done. Now its time for ABC correction.
-----------------------
Leave a like/ follow if it helps.
The DGB Cup & Handle I charted back on May 2nd finally triggeredThe handle took way longer to occur than originally anticipated but the end result was the same none the less. I'm posting the original May 2nd Chart in the related idea link.
DGB Digibyte Weekly Breakout ConfirmedResistance shown in the red, strong between 695 and ~830. Pushing through that could see a real power move with only a few speedbumps along the way. DGB has a lot of potential, if only it can shake off its crypto noob image and see some real marketing. The tech is there.
Digibyte waking up? Next weekly candle will tell allPreliminary targets set for 695, 860, 1050 and then moon.
#DIGIBYTE #BITCOIN #BITCOINPRICE #TRADINGAscending traingle, be patient.
Profit target:
- 538 Sats
- 620 Sats
- 787 Sats
- 881 Sats
DIGIBYTEDGB/USD look very nice. Stoch RSI's already broken the resistance, waiting the real price-broken! BTC also overcame this lvl.
Target
0.032-0.035
DIGIBYTE: ATOMIC WALLET & VERTPIG LISTINGS - PROFIT = 40.40%!Our "Crypto Bottom" Trading Indicator has correctly identified a buy in point on the 24th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 40.40% 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 is an app that allows users to buy, sell and store over 20 cryptocurrencies and 50 legal currencies)
April 4: O kCoin (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 0.08% .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.
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" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)***
DGB stares down the bear.. ETC, XBT, ADA, LTC, ETH, DASH runDGB holding up really well...at least in relation to the rest of the market....for now. Interesting to see how it plays out going forward.
Just wanted to post a comparison... DGB fell harder than most 2 days ago, but since, has held it's ground among the best of cryptocurrencies. Up 17% since the June 24 low.
ETC did well also, until the last few hours. The others, XBT (BTC) , ADA, LTC, ETH, DASH have faltered...almost as far as their previous June 24 lows, especially for DASH.
Thought it was interesting...whether you'd like to trade a stronger coin, or more of an oversold one.
Personally, especially with the divergence on the indicators, I'm adding some DGB here...some for the hodl account.
In order from best to worst on the chart.... Digibyte, Ethereum Classic, Bitcoin, Cardano, Litecoin, Ethereum, Dash
Travis
JMJ - UIOGD
DGB/USDSince we've seen a repeated patern in DGB, I've made the following chart showing when will it moon to +200%. I've elaborated this chart mathematically with parcentages and several calculations. I really think it will be like that so, if it Works, we'll see a PUMP starting on the 03/07 approximately.
Leave your opinions in the comments below.
DIGIBYTE: EXCHANGE LISTINGS & POS RUMOUR - PROFIT = 18.18% !!!Our "Crypto Bottom" Trading Indicator has correctly identified a buy in point on the 24th of May 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 18.18% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Abra 4.00% the first and only all-in-one app adds Digibyte to its app ( Abra 4.00% 4.00% -3.33% 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.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.
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" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)***
Window for DigiByte to break above the cloud!On the daily chart, DGB just bottomed out on the RSI, and has a month long gap to break out big time do to a short support cloud, despite whatever BTC does. If DGB can rise to ~3.5 cents, there will be no resistance between it and the moon. DGB will likey hit the dollar sooner than later. Please share your thoughts in the comments.
DGB VOLUME AND SUPPORTvolume at all time lows
selling at all time lows
buying pushes the price up at the minute to minute level and will certainly translate to new highs when additional volume comes in.
Thanks To Whoever Sold To Me at 300 Sats - 10% Gain Already.Volume on DGB was up today an brought us out of the low of about 300 sats - where I hope you all took a position. Its been a steep ride down for DGB and I personally have bought the whole way down preparing for the recovery.
What we are seeing with DGB we are also seeing with BTC - a double bottom reversal that over the next few days will likely thrust DGB back up to higher levels. 420 sats by the end of the week is easily within our grasp.
DGB is one of those coins that can post double digit percentage gains very quickly -weve seen a 10% swing today already. As we can see with the current reversal taking place - we are definately moving up in the short term. I expect we move into the 400s before we see a major change in momentum and another possible dip down before a permanent recovery.
Shorting this currency is not for the faint of heart. I personally believe in the project and hope for the best - but as a trader I know the rhythm of DGB.
As BTC recovers DGB will recover faster - paying back the temporary losses we've all taken - and rewarding those of us who continued to buy as rumors of doom and gloom abound.
From a technical standpoint - there is evidence to support a DGB recovery - and lots of upside for stakeholders. If you've been trying to time the market for DGB - I'd buy now - we might never see these levels again.
DGB NEXT MOVEsuper consolidation at these levels.
the case for upside seems pretty strong.
regardless the next move is likely to be a strong one.
