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Digibyte

Digibyte Long StrategyMany weeks ago, I invested some small money into Digibyte in what I think was going to be a second market dip. It looks like it just completed the first bullish wave and looks like for a long, has a potential outburst in value that can happen within the next few month to mid 2018. This is definitely one of those I consider medium risk, but still profitable, especially given a long term holding like what you seen before. I believe also the technology behind their UTXO blockchain is very promising in speed and potential.
Long
by gamer456148
The *$McAfee$* Effect on Crypto- $DGB Digibyte Super Pump $$$The *$McAfee$* Effect on Crypto- $DGB Digibyte Super Pump $$$ Well would you look at that vertical rocket ship soaring above and beyond. Insane rapid pump! John McAfee really is quite the celebrity with a huge following and strong influence in cryptocurrency. How he got to have so much influence over prices? I'm not so sure... Maybe newcomers listen. I think some of you may be keen on trying to follow these pumps. May or may not be a good idea, just remember that such massive rapid pumps usually dump as massively and rapidly too. If that time comes, just be sure to not be caught with your pants down! Manage your risks, set stop losses, and enjoy the quick profits! Meanwhile the whole crypto market is enjoying a sea of greens! Quite the recovery from yesterday (Friday)'s bloodbath. Hope you bought the dip in where I defined as an optimal long entry area! Linked to my previous post on Bitcoin optimal entry at around $11000 usd. Have a great weekend yall :)
by timtam12345
1
DGB/BTC BTRXDGB has fully retraced and seems to start a new market cycle. Daily and weekly Stoch RSI and MACD looks good. Heikin Ashi produced 3 green candles. This seems to be the initial push, but may also be a part of the first wave. If it breaks the daily Ichimoku cloud, we might start the rally but we also can fail to break the cloud. I am looking forward to buy any retracement under the cloud, but also have some buys above the cloud at key points. It already did a nice push on USD pair. If more volume comes in, we might see over 900% gains in the folowing months. As usual, targets are at key fib points that also match old support and resistance.
by gowite
DigiByte: are we in a market reversal?Spotted DGB about a week ago, forming a nice rounded bottom. The first signal of a nice market reversal.. A few days later we see it got turned down by major resistance level. made the market bearish for a couple of days but then it happened (chart: 1 day candlesticks) 1. The side day bar (a candlestick having a smaller body than the previous day). (If bullish candlestick => higher open and lower close/highers low and lower high of the body). 2. The newt day closed strong on the high (market reversal?) 3. The bulls took over completely and made todays candle close above the resistance, making it a very good possible new support level. We will pretty sure get a pullback to test the (new) support line. (market must breath) If we close the weekend above the support line a would suggest getting in long on this one. Personally we are in the trade for 1/4 already, just in case bitcoin might pullback big time and a lot of money would get in the alts. Get in trade: $0,019 - $0,020 take profit: ? (depends on btc) If this post was helpfull to you please leave i like. And if you would like to see more of these price analyses, you can follow us. Profitable Regards and Merry Christmass, Perspect
DLong
by Perspect
3
Trend-change or fake out?Hey guys, digibyte has shown a fantastic rally the last few days. I took some time looking at the chart to evaluate the current situation and get an idea of where the price is moving. The current rally offered a 189% gain if you were lucky enough to buy the low on 8th December. That's a massive gain in less than two weeks. The question is can it move up even further? The past Back in May 2017 I bought my first digibytes at 67 Satoshis and the price moved up to 2667 sats on the 3rd June. This move was caused by news that digibyte is competing in the "Citi® Tech for Integrity Challenge". People ignored the underlying technology and invested based on pure speculation. On 9th June reddit made digibyte "lose the challenge", which was never the case. Unfortunately, people started dumping the coin. A huge down-trend began. The same people, who were investing based on news and speculation, now were disappointed and started talking trash about digibyte. Ironically, on the 2nd of October digibyte has won an award, but there has been no further up-trend. Again, people, who were still invested and hoping for the "big" news, got disappointed and dumped another time. This long down-trend has shaken off everyone, who was not interested in the underlying technology, which in my opinion is very good. The presense Currently, digibyte is trading around 200 Satoshi. I've added the Ichimoku indicator to provide a clear picture, where the price is and where it might go. Coming from that huge down-trend, it is normal that the Ichimoku cloud (the kumo) is thick and red, signaling a down-trend. The current rally moved the price into the kumo, which is a sign of an undecided trend. To evaluate the whole Ichimoku indicator, I'll list a few signs: Price vs. Kumo = Undecided, the price is in the kumo Price vs. Tenkan-Sen = Bullish, the price is above the Tenkan-Sen Price vs. Kijun-Sen = Bullish, the price is above the Kijun-Sen Tenkan-Sen vs. Kijun-Sen = Bullish, Tenkan-Sen cross the Kijun-Sen from below Tenkan-Sen vs. Kumo = Undecided, Tenkan-Sen is in the kumo Kijun-Sen vs. Kumo = Undecided, Kijun-Sen is in the kumo Chikou Span vs. Kumo = Bearish, Chikou Span is below the kumo, but very close to it. This could change. Chikou Span vs. Price = Bullish, Chikou Span drastically above the price Chikou Span vs. Kijun-Sen = Bullish, Chikou Span is Kumo future = Bearish, the kumo is red and thick. That will change at the beginning of 2018. Summary To me, the signs of a trend-change are obvious, but that trend-change needs more time. Personally, I expect it to retrace down to the range of the 0.382 and 0.5 fibonacci level, before making a turn to the upside again. If you missed the first rally, this would be a perfect second entry. My advice here would be not to hunt the chart. Instead, wait for its retracement and grab some digibyte at the secondary entry. If you'd like to play it secure you could also wait for a kumo breakout followed by the Chikou Span confirmation. It's all up to your risk management.
DLong
by paaax
11
DigiByte Long Term Trade The trading idea is based on a trend reversal signal with further upward movement. The price diverged with MACD and RSI and it gives us a double bullish divergence. RSI confirmed price reversal from the support level. MACD and DMI support upward movement. The market is at possible bottom and it give us a good trading opportunity. Buy orders can be placed at 0.00000150 level with stop orders at 0.00000060 level. Profit targets are 0.00000300 and 0.00000800 resistance levels.
DLong
by DLavrov
86