Digibyte
Digibyte - Current PostureA review of the posture of Digibyte, following the completion of three corrections, printing three successively higher-lows.
In terms of Elliott Wave analysis, there are two interpretations:
DGB has now completed a Wave 4 and commenced a Wave 5; or
DGB has completed a Wave 2 and just commenced a Wave 3.
Either case is bullish and is well supported by the MACD crossing bullish and the RSI sitting comfortably in neutral territory. Looking at the the Fibonacci projection of the correction on this standard scale chart and two targets present themselves:
$0.278 at the 1.618 resistance line
$0.336 at the 2.0 resistance line
Of course there are higher levels, but they will become exponentially less likely the longer DGB remains under $0.185.
What do you think? How high can DGB rally to complete this next impulse wave higher?
DGB/USDT SELL SIGNALThe market has been tricky the last couple of weeks, providing a relatively wide range trading for most cryptocurrency pairs. However, sooner rather than later the range trading will be over. The DGB price action is much weaker than most coins, thus it can be dumped further during the next week.
🆓DigiByte (DGB) Sep-19 #DGB $DGBThe selling pressure on DGB is weakening so in next days DGB could recover to 0.065$ zone or even pump strongly to 0.08$ and 0.1$ zone. So in this period, we will keep accumulating DGB at 2 support zones : 0.05$ and 0.055$ zones. But if it loses 0.05$ zone it will fall down to 0.04$ zone
📈BUY
🔴Buy : 0.0538-0.0562$
🔴Buy : 0.0488-0.0512$. SL if B
🔴Buy : 0.0635-0.0665$ if A. SL if B
📉SELL
🔴Sell : 0.0635-0.0665$. SL if B
🔴Sell : 0.078-0.082$. SL if B
🔴Sell : 0.0975-0.1025$. SL if B
♻️BACK-UP
🔵Sell : 0.0488-0.0512$ if B. SL if A
🔵Buy : 0.039-0.041$. SL if B
❓Details
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
DGB COULD POP 625% $.40 INCOMINGI think people need to pay attention to #DGB. In early 2017, $DGB had a spike, and then at the end of 2017 DGB popped 120% from the previous high earlier in the year. If DGB repeats this same pattern, we could easily be looking at a 625% increase from here on the second run up.
And that is without being listed on Coinbase, or any new partnerships or project announcements.
THIS IS NOT FINANCIAL ADVICE. PLEASE DO YOUR OWN RESEARCH.
DGB is Ready!Tested the parabolic trend line 4 times already. Strong support and its ready to enter in price discovery
I hope you found the idea interesting:)
DigiByte to $28 by 2022 | JBPredictionsW'e're in the 5th wave longterm, and 5th sub-wave shorterm. I am expecting extensive 5th wave longterm, 0.18's breakout and great exponential growth in the next months.
We can buy, add more at 0.02.
Targets: 10, 29, 53
From now, I am DigiByte holder.
See you soon!
DigiByte (DGB) formed big Gartley for huge bullish moveHi dear friends, hope you are well and welcome to the new trade setup of DigiByte (DGB) with Bitcoin pairt.
The previous chart of DGB with USD pair is still going good and will hit the sell targets soon.
Now this time on the monthly time frame chart with BTC pair, DGB has formed a huge Gartley pattern.
Buy and sell targets:
Buy between: 0.00000109 to 0.00000080 btc (because at 0.00000080 we have a very nice support)
Sell between: 0.00000189 to 0.00000273 btc
Stop loss:
The maximum extent of buying zone 0.00000080 btc can be used as stop loss. because at 0.00000080 we have a very nice support.
Possible profit and loss ratio:
As per the above targets, this trade has a small profit possibility of up to 240%, and loss possibility is only 27 %, therefore it is a very low risk and high reward trade setup.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DigiByte Analysis - Bullish Weekly MACD / Monthly RSI This Is Looking Really Interesting. Price Explosion Expected This Weekend.
Entry: 0,0064
Digibyte - Past, Present and FutureIn this Digibyte study requested by a subscriber, I look at the longer term market structure of this Proof of Work crypto currency through the lens of the BTC halving cycle, assuming a continued correlation to that cycle. There are some apparent target for the peak of the current market cycle in both time and value, and future projections for the subsequent correction and future rally.
I have had to estimate the date of the 5th Bitcoin halving to align the future cycle, so I caution that there is in increased margin of error beyond the 4th Bitcoin Halving.
DGBIt had a good support level in the range of 3 cents
It is currently resisting in the range of 6 to 7 cents, which corresponds to the level of 0.236 Fibonacci trend base (in weekly time)
Surely, after the completion of the Bitcoin pullback and the beginning of the upward trend of the market, this resistance will be broken with strength. (in short-term)
-The red Ichimoku cloud is broken and the green cloud is formed
-The first shopping area can be a good place to shop
-It has good goals for the short and medium term
DGB 350 MA & BREAKOUTbreaking out of the price wall of decline
sitting at the 350 MA
double bottom at long term support
continuation depends on getting above the 350 MA
Digibyte (DGB) After A 364% Bullish Wave... We Trade Long-Term The market moves in waves...
These waves come in cycles...
In essence, we do UP and DOWN, up and down, over and over...
Short, mid- and long-term.
Meaning:
We have bearish and bullish waves in the short-term.
We have bearish and bullish waves in the mid-term.
We have bullish and bearish waves in the long-term.
These are the market cycles.
When prices move up and grow, we enjoy, collect profits and focus on maximizing results.
When prices go down, we detach from the computer/phone/electronic devices, we no longer focus on the trades.
We focus on ourselves, we study, we go out in nature, we learn, we grow, we prepare for the next bullish wave.
Digibyte (DGBBTC) has found support just below the 0.786 fib. retracement level of the last bullish wave...
We have early signals of change but it doesn't matter what happens next... We trade long-term.
We buy and we hold, until prices are peaking again (GREEN).
If we see another break of support, that is not a problem... It only means a few more weeks of wait.
Once the market takes off...
We enjoy until our targets are met.
When the profits come in, we are grateful with any amount we get and we move on to the next trade.
You need to have a plan prepared.
You need to have goals.
You need to have targets and also a stop-loss.
Planning ahead of time will highly increase your success.
Thanks a lot for reading.
Namaste.
Digibyte (DGB) After A 364% Bullish Wave... We Trade Long-Term The market moves in waves...
These waves come in cycles...
In essence, we do UP and DOWN, up and down, over and over...
Short, mid- and long-term.
Meaning:
We have bearish and bullish waves in the short-term.
We have bearish and bullish waves in the mid-term.
We have bullish and bearish waves in the long-term.
These are the market cycles.
When prices move up and grow, we enjoy, collect profits and focus on maximizing results.
When prices go down, we detach from the computer/phone/electronic devices, we no longer focus on the trades.
We focus on ourselves, we study, we go out in nature, we learn, we grow, we prepare for the next bullish wave.
Digibyte (DGBBTC) has found support just below the 0.786 fib. retracement level of the last bullish wave...
We have early signals of change but it doesn't matter what happens next... We trade long-term.
We buy and we hold, until prices are peaking again (GREEN).
If we see another break of support, that is not a problem... It only means a few more weeks of wait.
Once the market takes off...
We enjoy until our targets are met.
When the profits come in, we are grateful with any amount we get and we move on to the next trade.
You need to have a plan prepared.
You need to have goals.
You need to have targets and also a stop-loss.
Planning ahead of time will highly increase your success.
Thanks a lot for reading.
Namaste.
Digibyte is looking all kinds of awesome!!!Im not saying this pattern will playout as I have drawn but DGB is has lots of good things going for it. Too much to be coincidental for me. I will be paying close attention to DGB over the next weeks and months.
Bull flags, cup and handle, trading channel, support and resistance and it all lines up with the RSI does as well!!
Thank you for looking.