Digibyte
DGBBTC#StatusUpdate DGBBTC
- DGBBTC just broke the trend line to the upside on the 1H chart and also the EMA's 20/50/100/200. Might head to Resistance.
- Stoch RSI indicates possible retest on EMA 200 (EMA acting as support).
DGB following daysThis is a conclusion that I arrived after studying the chart of DGB. I tried to simplify it as much as I could. Hope it I am right and we guys make some profit.
Digibyte July/ August 2017 ForecastGetting to the end of another triangle. A 33% move to get off the base and back to the resistance hypotenuse. Best case scenario is a break up to test old highs, 126% higher; and worst case a break down to secondary support. So initially there is a 2:1 risk reward; but a break out takes it to 7:1.
Not advice; just what I am seeing and doing.
DGB/BTC Buy zone• Watch this 4-levels of buy zone.
• Each breaks levels will go to the next level. ( Support & Resistance )
• Be patient with LONG entries
Have a great trade & Have a nice day !
Cup and handle formingHey everyone. Today I decided it's time to take a closer look on digibyte. We have seen a spike at the beginning of june due to the bad news and confusion around CitiT4IChallenge. To clear that one out, digibyte didn't lose the contest. The announcement in June was a side-contest. Laura Gaviria Halaby announced on twitter that there will be more announcements in July (twitter.com).
So let's move on with the technical analysis. My thesis is, that we are witnessing a cup and handle formation forming. The formation started right after the huge spike at the beginning of June with high volume. Since then the price was below it's moving average (20) and the volume was decresing constantly. Right now it found a nice bottom (red zone) which shows a strong support. A cup and handle formation needs 7 to 65 weeks to complete, based on what the literature is telling us. So I took the current price development and projected it into the future. If I'm right then the formation will complete at the beginning of August, which then will be a timeframe of 8-9 weeks.
As you can see we have many indicators that hint to a possible cup and handle formation. Also, if you are interested in this coin, take a look at the great fundamentals it has. For me it's a great longterm investment.
Check out my twitter for more infomation around cryptocurrencies: twitter.com
DigiByte - Impulse Wave ?fractal progression + Fibonacci wedge + elliott 12345 impulse wave + elliott corrective wave ABC + cypher pattern
suggests that will repeat the uptrend wave, but if red candles appears it may define a downtrend impulse wave
Digibyte - Elliott Wavesfractal progression + Fibonacci wedge + Elliott impulse wave 12345 + Elliott Corrective Wave ABC
may repeat the 12345 impulse wave uptrend , or test the suppport going downtrend
DGB/BTC If not now then neverIF there is no price breakout in next 1-2 days then never... LOL
RSI dragging and under 6 since almost 1 month
Price to the lowest it could get, i doubt it could go any lower
DGB recoveryAfter hit 2600 DGB in very deep correction mode, my buying point here is 600-300, and expect DGB to do recovery above 900,
good luck.
DGB 2HR; Road to Earth.If the bottom support is destroyed, DGB will still continue to follow the trend.
DGB seems to have found a Bottom ShortPOLONIEX:DGBBTC from 100 to 2500 sat DGB seems to have found a bottom around 800sat.
It is a good short term investment.
Please share your views in the comments
Another great buying opCan't pass up loading more at 785.
Fully expect July to see 2000sat for a Digibyte based on potential big Citi news.
I made my first Digibyte transfer earlier today as well and was insanely impressed with the transaction speed. I got up to refill my coffee and the funds were already cleared and in my wallet. This coupled with active devs, and 5 decentralized mining algos makes me very excited for this one long term.
Remember- Just cause you bought the top and it dumped a bit does not make this a piece of shit. Its just a bad trade. You don't lose if you don't sell ;)
Millionaires will be made!
