Digibyte
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.
Digibyte about to have a key breakoutDGB is one of the older coins and has been lagging significantly. Definitely one linked with SC & DOGE which also did a full cycle vs BTC. Look very nice and healthy and in my opinion once it closes above 200 sats it could easily go much much higher. It has a pretty big fan base and I am surprised it hasn't pumped yet given that many coins that have similar 'prices' (100-300sats). Given that even DCR has spiked higher, DGB should start rallying soon or it might be a sign of weakness/
Digibyte USD Bearflag possibilitiesLast week, my Digibyte idea became invalidated due to the huge market sell-off. What was once a nice looking Bullflag and/or sym. triangle quickly became a bear flag on the 4 hr timeframe, as shown in this current chart. We must wait to see if the bearflag is breached to the upside.. or if it breaks through to the downside. If broken to the upside, then target is previous high. If broken to the downside, then the green trend line is the next support. However, we must wait to see how this flag plays out.
Do not miss DigiByteListing on coinbase will forward the price to a new channel... it is really undervalued...
🆓DigiByte/USDT Analysis (24/4) #DGB $DGBThe recent 1-Day candle close really high that shows us there is a buying force is trying to push DGB up so we can take risk here.
If it conquers the 0.13$ zone, it will be very easy to have another big pump on DGB to 0.2$ or even higher
📈BUY
-Buy: 0.107-0.113$. SL B
-Buy: 0.127-0.133$ if A. SL B
📉SELL
-Sell: 0.127-0.133$. SL A
-Sell: 0.195-0.205$. SL A
♻️BACK-UP
-Sell: 0.107-0.113$ if B. SL A
-Buy: 0.078-0.082$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Digibyte: Full Price HistoryBittrex use to have a more complete chart showing Digibyte's price history all the way back from when it was first created. I created a chart a few years back and thankfully it saved the data, I was able to mirror the price action on this chart, as best I could, so others could get a better idea of its growth and where it's heading.
Digibyte - Short-term correction comparisonComparing the 1-hour ABC correction to the daily view. We see an untested support line corresponding to a Fibonacci projection from B that might define the bottom. What do you think, is it close?
Digibyte - My crazy longterm hidden fibonacci countdown chart Crazy right? ... the magic of the universe!
IS THE CRYPTO BULL MARKET OVER ? (1)Digibyte is an example of a strong coin in this space, especially lately.
Price has been forming a bullish ascending wedge during the last weeks.
It wanted to break out to the upside by two occasions (this is a bullish sign).
The recent strong pullback drove price back into the wedge to backtest the lower support level.
PRICE HAS NOT BROKEN DOWN. EVERYTHING IS INTACT. NO NEED TO WORRY !! ... at least for now !!
BULLISH !!!
This thing could be about to blow up and this was just a shake out !!!
DGB & XMR LIFTING OFFdigibyte and monero both lifting off
the people need money that works in the way they want it to
these protocols are better
the separation of money and state is just getting started
not financial advice
Digibyte is about to 3x (theta-like run eminent)After following theta's mega-run over the past few months, I decided to take a glance at the chart. Lo and behold, there appears to be some stunning similarities when compared to Digibyte.
This little fractal may be indicating that Digibyte is about to follow theta's moves and do a theta-like run up to around 50 cents.
Yes, 50 cents.
Additionally, Digibyte is so undervalued that its market cap 50 cents would still be well under $10 billion. In other words there is a lot of room to grow. I expect Digibyte to be trading for up to $2-$3 at some point during this market cycle.
Stay tuned.
Keep an eye on trading volume as well. The 24 hour trading volume on Digibyte is currently sitting close to 50% of its total market cap...Something to think about...
(not financial advice ;)
DGB is looking good for long position DGB broke ATH and next resistance is about 650 and later on 850 and possible 1650. Just jump on
DigiByte (DGB) - April 21Hello?
Dear traders, nice to meet you.
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Have a good day.
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(DGBUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 0.1119873626-0.1483145805 section.
If it falls at 0.0756601446, you need a Stop Loss to preserve profit or loss.
If the CCI line falls below the EMA line in the CCI-RC indicator, volatility may occur, so careful trading is necessary.
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(DGBBTC 1D chart)
It remains to be seen if it can rise along the uptrend line even with support at the 221 Satoshi point.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
DGB BREAKOUT PENDINGon the weekly chart
from the bottom of the demand zone to the top on record volume
macd histogram going positive
signal line crossing
.03 is the breakout level
DigiByte Drops? Nothing Big Just Testing Support, Up We Go!DigiByte (DGBBTC) dropped after my last analysis, but everything remains within the strong bullish trend that is now building up.
The drop took out the EMAs as strong as EMA100 and EMA50 but only for a few days and we are now seeing strong momentum as prices move back up.
The green volume is strong.
The indicators are also looking good.
Bitcoin is starting to bounce as well.
The Altcoins continue to Boom!
Each and every day I see more evidence/data pointing to continued and sustained bullish growth...
Let's hope we are right... and sure we are...
The altcoins market has been growing for months.
Namaste.
DGB has not exploded yet. Buy DigiByte and wait for pump!🚀DGB has not exploded yet, if you are searching for coin which didn`t jump yet it may be good option for you. In USDT chart look very bullish but in BTC pair we are still at the bottom. We believe that DGB will give us huge profit during this bullrun. Buy and wait for pump!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
Digibyte time has come.Digibyte in my opinion is sleeping giant and will mint millionaires this year. I wouldn't sleep on this coin. A move above the RSI downtrend is a very bullish move. It has in the last year also been more easily available for people to trade and buy than in previous years. Digibyte also has some of the best tech in crypto and in my opinion will have a bright future in the crypto sphere. Expect volatility in the coming weeks.
Patience and strong hands will be rewarded.
Im not a financial advisor, this is not financial advice.
