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Digibytedollar

DigiByte (DGB) Another Bullish SetupHey friends hope you are well and welcome the new update on Digibyte coin. The price action of DGB formed a bullish Crab pattern and started a bullish move from the potential reversal zone of this Crab: In my previous article we have already seen that on monthly chart the priceline of Digibyte cion is also moving in a handle of a Cup & Handle pattern. If the priceline start more powerful bullish move from here then after breaking out the handle the price action may try to break the resistance of the Cup at 0.00000318 btc. Currently on daily chart the priceline of DGB is at the support of an up channel. The 200 simple moving average is also moving up aggressively to provide the support to candlesticks. The Directional movement indicator is showing bullish signals as the DI+ is above the DI-. In meanwhile at the support of the channel the price action of Digibyte also has completed bullish harmonic move and entered in potential reversal zone. This move can be seen on two-day chart. The pattern is formed in US Dollar market and the Bitcoin market as well. Below are the patterns. Harmonic move in US Dollar market: The priceline of Digibyte ( DGB ) has formed bullish Gartley on the 2-day chart. The targets as per Fibonacci sequence of Gartley are: Potential reversal or buying zone: $0.02476 to $0.02276 Fibonacci projection or sell zone: $0.02634 to $0.03023 Harmonic move in Bitcoin market: The priceline of Digibyte ( DGB ) has formed bullish Gartley on the 2-day chart. The targets as per Fibonacci sequence of Gartley are: Potential reversal or buying zone: 0.00000231 to 0.00000214 btc Fibonacci projection or sell zone: 0.00000244 to 0.00000277 btc Conclusion: The priceline has very good support of up channel and the 200 simple moving average as well. The completion of bullish Gartley at these supports strengthens the expectations of bullish momentum soon. However we should use the potential reversal zone of the bullish Gartley move because if this PRZ level will be broken down then the priceline may move more down for the completion of bullish Butterfly.
Long
by moon333
DIGIBYTE 🌀 | BREAKING: "CZ Lists Shitcoin, Can it Moon?"⚠️⚠️ DigiByte is pumping after its Binance listing. Despite its longevity and loyal following, DigiByte has struggled to get listed on the major exchanges. However, it looks like the DGB boys may have just caught a lucky break with the recent Binance listing. On top of that, DGB also has a potential Coinbase listing coming up. This is reason enough to look for long positions despite DGB being range-bound within a pennant. Let's take a look at some levels for the DGB bulls and bears. First, we will look at the Hourly levels, then we will zoom out to get an overview of where DGB stands. Hit that 👍 button to show support for the content! Help the community grow by giving us a follow 🐣 ----- Support Hourly: Bulls will most likely want to find an entry on DGB on the hourly S1 S/R flip above the lower trend line. If S1 holds, this is about as good an entry as you are going to get while retaining any semblance of a bullish continuation possibility short term. If S1 can't hold, then the S2 bullish S/R flip could offer support. Although, as we will see with the daily, the bull's best bet is to break up form the current range without testing lower support levels. Resistance Hourly: The hourly R1 is the first point of resistance on the hourly time frame. This is right at the upper trend line and is an ideal level for the bulls to break with the strength to escape the pull of the current range. If DGB doesn't retrace enough for the S1 entry, or for those still on the sidelines, retesting R1 as support after moving above it is also a solid level to look for an entry. The next relevant and last real resistance in this range is the R2 orderblock formed from the breakdown from the previous swing high. If the bulls can get past this, it is off to the races. ----- Here is the Daily timeframe chart as referenced below: Support Daily: The bulls will need the daily S1 orderblock to hold if they want to continue this uptrend. Ideally, bulls won't even need to test this level. However, if it comes to it, the bulls need this one to hold. The bulls have some support of last resort at the S2 orderblock and S3 bullish S/R (Support and Resistance) flip, but retesting that previous bottom range isn't the ideal move to show strength. Resistance Daily: The bears will want to keep the bulls below the daily R1 bearish orderblock. Likewise, the bulls will want to break this to show strength. Either way, we are bound to have a reaction here. If the bulls can keep it going, the next point of resistance is the R2 orderblock from the failed swing high before the bearish continuation in the 2019 downtrend. Lastly, we have the R3 orderblock, also formed in the downtrend to contend with if bulls can make it that far. ----- Summary: DBG had a nice move today, but it is still range-bound consolidating within a pennant. The bulls want to break the top of the pennant with conviction and blast past the previous high to get things running. The bears will want to prevent this. On the daily timeframe, we can see there isn't a lot of resistance to contend with if and when the bulls can get momentum. So the main focus is simply breaking out of this range. On the bear side, breaking below S1 daily support is a bad look for the bulls and should create some nice short setups for bears. Meanwhile, testing the hourly R1 or R2 and coming back down into the pennant could be the show of weakness the bears want to see. For now, what makes sense is for bulls to find an entry on the hourly (a test of the hourly S1 or retest of the hourly R1) and hope the listing hype can carry DGB to new heights. Resources: cryptoslate.com + cointelegraph.com + cryptocurrencyfacts.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨
by AlphaBotSystem
6
DIGIBYTE / US DOLLAR (DGBUSD) DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
BITTREX:DGBUSD
by Dinjin
Digibyte $0.70 - 2020This chart represents what I believe will happen to Digibyte in the years to come, as you can see from the patterns that have formed in the last few years and how thy replicated themselves. As of today, it has gained 403000% from its bottom price all the way to its ATH. Lets see how we get on. While digibyte is a sleeping giant and most investors pass by it, It is getting recognised truly for a token which could be used everyday, Mainly because its speed of transfer of tokens is unbelievably fast.
D
by CryptographyCapital
There is a trading opportunity to buy in DGBUSDTechnical analysis: . DigiByte/USDollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. . While the RSI downtrend is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.022 to 0.015). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.022) Ending of entry zone (0.015) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.031 TP2= @ 0.037 TP3= @ 0.049 TP4= @ 0.068 TP5= @ 0.089 TP6= @ 0.109 TP7= @ 0.136 TP8= Free
DLong
by ForecastCity
There is a trading opportunity to buy in DGBUSDTechnical analysis: . DigiByte/USDollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. . While the RSI downtrend is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.022 to 0.015). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.022) Ending of entry zone (0.015) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.031 TP2= @ 0.037 TP3= @ 0.049 TP4= @ 0.068 TP5= @ 0.089 TP6= @ 0.109 TP7= @ 0.136 TP8= Free
DLong
by ForecastCity
2
Digibyte swing trade targeting upper trend-line possible +57%DGB has been one of the more bullish coins over the past couple of months. While BTC has formed a descending triangle since February, DGB has formed a series of higher lows. When DGB is bullish, it outperforms most coins. It is not unreasonable to expect DGB to at least make the upper trend-line due to: - DGB support has held strong, - Consistently remaining within a price range for the past few months, - recent 51% attacks on less attack resistant coins - which in my view has proved DGB devs correct in selecting multiple mining algos, - BTC has shown support and signs of strength in the past week or two, if BTC heads well north of $7000 that could well be a signal for strong gains in DGB to be unleashed (as DGB tends to follow BTC rises and falls consistently while also outperforming BTC). - The last reason is speculative at this stage - I expect we are in the last few weeks of the bear market as I expect BTC to first head for $7500, and then, $8700, and possibly $10,500 later this year. If this scenario eventuates, this will take the brakes off altcoins and the market in general. I am not a professional, a financial adviser, or your Mum so please do your own research and protect those funds. Thanks for viewing and good luck.
BITTREX:DGBUSDLong
by flyinkiwi10
There is a great opportunity to buy in DGBUSDTechnical analysis: . DigiByte/Dollar is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.023 to 0.011). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.023) Ending of entry zone (0.011) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.031 TP2= @ 0.037 TP3= @ 0.049 TP4= @ 0.068 TP5= @ 0.089 TP6= @ 0.109 TP7= @ 0.136 TP8= Free
DLong
by ForecastCity
There is a great opportunity to buy in DGBUSDTechnical analysis: . DigiByte/Dollar is in a downtrend and the resumption of the uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (0.023 to 0.011). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.023) Ending of entry zone (0.011) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.031 TP2= @ 0.037 TP3= @ 0.049 TP4= @ 0.068 TP5= @ 0.089 TP6= @ 0.109 TP7= @ 0.136 TP8= Free
DLong
by ForecastCity
2
A Second Chance to Buy in DGBUSD ...New trading suggestion: *The price is in a range bound and we forecast the uptrend would resume. *There is still a possibility of temporary retracement to suggested support line (0.031). if so, traders can set orders based on Price Action and expect to reach short-term targets. * If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.031). Entry signal: Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Technical analysis: Price is aboveWEMA21, if price rises more, this line can act as a dynamic support. Relative strength index (RSI) is 63. Take Profits: TP4= @ 0.068 TP5= @ 0.090 TP6= @ 0.110 TP7= @ 0.136 TP8= Free Trade Setup: We opened 8 BUY trade(s) @ 0.01985817 (day close price) based on a reversal candle ( Hammer ) at 06.24.2018 in our previous suggested support zone. Total Profit: 17803464 pip Closed trade(s): 5742549 pip Profit Open trade(s): 12060915 pip Profit Closed Profit: TP1 @ 0.031 touched at 07.03.2018 with 1114183 Profit. TP2 @ 0.037 touched at 07.07.2018 with 1714183 Profit. TP3 @ 0.049 touched at 07.20.2018 with 2027 Profit. 1114183 + 1714183 + 2914183 = 5742549 Open Profit: Profit for one trade is 0.04398000(current price) - 0.01985817(open price) = 2412183 pip 5 trade(s) still open, therefore total profit for open trade(s) is 2412183 x 5 = 12060915 pip
DLong
by ForecastCity
A Second Chance to Buy in DGBUSD ...New trading suggestion: *The price is in a range bound and we forecast the uptrend would resume. *There is still a possibility of temporary retracement to suggested support line (0.031). if so, traders can set orders based on Price Action and expect to reach short-term targets. * If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.031). Entry signal: Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Technical analysis: Price is aboveWEMA21, if price rises more, this line can act as a dynamic support. Relative strength index (RSI) is 63. Take Profits: TP4= @ 0.068 TP5= @ 0.090 TP6= @ 0.110 TP7= @ 0.136 TP8= Free Trade Setup: We opened 8 BUY trade(s) @ 0.01985817 (day close price) based on a reversal candle ( Hammer ) at 06.24.2018 in our previous suggested support zone. Total Profit: 17803464 pip Closed trade(s): 5742549 pip Profit Open trade(s): 12060915 pip Profit Closed Profit: TP1 @ 0.031 touched at 07.03.2018 with 1114183 Profit. TP2 @ 0.037 touched at 07.07.2018 with 1714183 Profit. TP3 @ 0.049 touched at 07.20.2018 with 2027 Profit. 1114183 + 1714183 + 2914183 = 5742549 Open Profit: Profit for one trade is 0.04398000(current price) - 0.01985817(open price) = 2412183 pip 5 trade(s) still open, therefore total profit for open trade(s) is 2412183 x 5 = 12060915 pip
DLong
by ForecastCity
5