DGB/BTC PoloniexDGB manages to stay above Trendline Support (B), forming a new Trendline Support (A).
If it breaks above the Trendline Resistance, expect to see a continued upward movement.
Digibyte
DGB/BTC POLONIEXIf DGB finding support at Trendline Support (A).
A fall below Trendline Support (B) is bad news for DGB/BTC and will signal a further downtrend.
Needs to break above Trendline Resistance for a buy recommendation to be established.
Will update again as the days progress throughout the week.
$DGB Buy This is a coin that will provide very nice returns over the next few months.
Will be Holding this for the next little while :)
New Paradigm Chart Vs BitcoinBitcoin seems to be following the New Paradigm Chart very well. I'm not a Bitcoin hater, I want Bitcoin and the Alt coins to succeed, but we can't wear rose colored glasses we have to be realistic. Bitcoin looks bearish still. It would seem a correction to $4500-5000 then back up to around $7500, then back down again to $3000 where we fall under the 'mean'.
I still have I hopes for Bitcoin and Alts coins and believe they are here to stay, but as far as right now Bitcoin going back to $20,000 and beyond doesn't seem likely.
Where is Bitcoin going to find it's bottom?Bitcoin was in an ascending channel (green channel) for a long time then broke out above it. If Bitcoin continues to drop I believe will see it find support on the top of the green channel which places it around $4500-5000 . If it fall's further I can see it playing in the green channel for some time at round $2500-3000. When play time is over we could see it break out of the channel once again and makes it's way back up.
If your on Poloniex I made a similar chart of Bitcoin
Digibyte Trade Idea 8 February 2018 (100%+ gains possible)Digibyte Trade Idea 8 February 2018
The coin I've started with mid 2017 (at least, becoming more active in this market, fascinated by the big swings from coins).
What do we see on this chart? A lot of things!
- Retraced all the way down to even 70 sats from the big jump earlier in 2017.
- Climbing back up, breaking the green zone --> red zone became resistance (big one) and currently retracing back.
Combining this with the following things:
- RSI getting close to the 30 zone --> oversold
- Volume spikes during the accumulation fase, we've seen that before.
- Lying on the 0.618 fib retracement level from the first run up.
- Lying on the 200 EMA too.
- Facing resistance pretty soon.
Expecting this one to jump to the red resistance zone pretty soon. So I'm definitely buying in this area and holding for a while.
First target: 600 sats
Second target: 800 sats
Depending on the patterns then + maybe some FA coming in to play + potentially breaking that level, could induce that we will see another big run up.
Will keep you posted about this one weekly.
DGB - Possible 50% CorrectionHello,
As you all know, BTC is in a correction stage. BTC's price affects all the different alts.
If BTC drops below the 9k support, DGB will fall down to the support indicated above.
Here is my previous DGB analysis:
Here is my most recent BTC analysis:
Trade is only active when BTC breaks under the 10k support and ofc 9k after that.
~DCFreak
Marketing start 1 feb, help the community guys!www.reddit.com
This is a great coin for great people!
DGBBTC Cup and Handle or Head and Shoulders fake out?Care for some tea?
We could see a cup and handle pattern break out here, alternatively this could be a head and shoulders fake out and we might descend.
If the second cup and handle breaks out TP is 1200-1400
I would keep my eye on this coin.
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Lots of coins are discounted right now, take advantage.
Trade Active @ 126 satoshi
This is a LONG position for me.
Confirmation of break out above 658 satoshi
DGB is a great project and is finally getting some Marketing.
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Tip jar below if you feel so inclined
BTC 0.64%
1BKuYpKNwfancaajqtFZiAM4KDhrUmjNRr
LTC
LNhSfV6txD1y5W7G93wess9mNvPZFxrkDH
$DGB %85 Gain SHORT - %2000 LONGDGB follows it's past fractal between April-June 2017.
I expect $DGB to break the support line positively within 1-2 days.
Buy : 510-520
Sell : 900-950
SUPPORTIVE ANALYSIS
i.hizliresim.com
DO NOT buy DGBPeople as always here bullish and promote buying crypto all the time. I see that DGB will fall even more. You should wait and don't buy yet.
DGB: Could this be MagicThis sell off today is possibly just a retest of yesterdays destruction. If this support holds then we could have a really good pitchfork. Also look at how price poked right below there area of support in green. Imagine all the panic sellers closing out their positions saying "this is it". Please give me your sells. Lots of opportunity with a very tight stop, meaning high RR. You can have lower than a 50% win rate with entries in the right place.
DGB Long OpportunityExpecting DGB uptrend to continue into the future
shorter-term chart above is showing price currently hitting cloud, 4hr kijun, and previous swing high support. three-drives to around 1k satoshis looks to be a realistic first target.
and another bullish view here on the daily chart. we can see a kumo breakout with strong volume and we're very close to a golden crossover with 50 & 200 ma's.
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