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Digibyte

DigiByte (DGB) formed big Shark for upto 380% big moveHi, dear patrons, hope you are well and welcome to the new update on DigiByte (DGB). On the 4-day chart, the price action of DGB has completed the formation of the Shark pattern. There is also 50 simple moving average support in the buying zone. Buying and sell targets for Shark move: Buy between: $0.0624 to $0.0315 Sell between: $0.09 to $0.1520 Stop loss: The maximum extent of the potential reversal zone at 1.13 Fib level can be used as stop-loss which is $0.0315. Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of 380%, and a high loss possibility up to 50%, therefore to minimize the loss factor we can use the 50 SMA as support. 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.
Long
by moon333
1
Holds and buy the dipDigibyte get setback and delay lately from continuing upwards after the Bitcoin had the recent correction of 20% down. Digibyte has the potential of growing up 100% up to 0.19- 0.20 in the near short term. As we see we have Digibyte fall from the 0.15 area to 0.10 now touching the major support line of 0.097 but did not cross it. Also we have the trend is going into a falling wedge witch near the end now. Falling wedge is a Bullish pattern, so I expect the breakouts should happen at some point soon. in the event of DGB fall again, the next major support line is 0.0823. This could happen if the Bitcoin continue falling. So what we are looking for now is DGB to get out of the falling wedge and also the descending wedge right after. Good luck! Please trade at your own risk.
HITBTC:DGBUSDLong
by PatrickHob
3
DGB ready for 300% explosion?The market has been exploding everywhere today. Was scanning through some charts and stumbled on DGB/USDT Full disclosure I'm not in DGB and this is the first time looking at the chart.... BUT This coin looks primed to explode. If it can break out of this triangle it can hit .20 which is nice. On the macro though a move out of this triangle would likely pull it out of a larger wedge it has been forming and should be the start of it's move to .57! Nearly 300%... Those are real gains right there. DYOR on the coin though. Coinmarketcap shows a market cap of 3B and is ranked #65. So relatively good market cap size and more established looking coin. A trade set up is there. Used a real tight stop loss as a break below the triangle would not be good. Let me know what you think! BINANCE:DGBUSDT
by variousCryptos
2
Digibyte/Bitcoin big area of concernIt's becoming very clear that Digibyte is in fact one of the most undervalued cryptocurrencies in the market. Against the US Dollar it is looking good. Against Bitcoin there is an area of concern and big obstacle that DGB needs to overcome in order to reach new highs. This is area is the 300-315 Sat mark. As you can see historically, this line was once a support, which eventually failed and became a big line of resistance. Just recently, DGB failed to break this resistance and is going to attempt to break through once again. From an elliot wave perspective, it looks like we are heading into the 5th wave of this cycle, which hopefully will be the one that breaks through. Don't be alarmed if we end up hitting an ABC correction after wards. But so far, this area of concern is going to be something to keep and eye on. Once we see DBG flip this resistance to a support, enter longs.
by NoobTraderTV