Digibytedollar
Digibyte a sleeping giant ,Can we make giant profits?Digibyte is a strong trade ,your bond to make profits in return you need patience.
After the rally april/may which made around the 100% profits if you managed to catch the ride.
Can we repeat a similiar thing ,I think so here are my reasons:
look at the first two channels are green, after the channeling is done
there is breakout that carries good profits
Also the channels very a like.Their resembles is uncanny
Can the last channel repeat what the tho other channels did .
I hope so, we got good indication for that.The bollinger bands is constricting(the volatility of the chart is low) which is really a good sign the uptrend is trend is not far away. The breakout isn't that far.
On the rsi you see also the pattern playing out.
I'm confident that we will make good profts with this trade
I will give you the likely targets tommorow.
If I helped you profit in anyway you could thank by tipping me
or leave a comment/like and take a look in my other trades
My ltc wallet:
Lcxk4jDgW8TBTakYSHdzP3p8BMV364f85s
Until next time ,
Yours trully,
Sir_DURZO
If you missed our first HUNT, you may want to check this!DigiByte/Dollar
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*If you missed our first HUNT, you have a second chance to buy above suggested support line (0.037).
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 reversal patterns is formed in the zone.
Trade Setup:
We opened 8 BUY trade(s) @ 0.02017274(day close price) based on the reversal candle ( Hammer ) at 03.18.2018.
Total Profit: 13481860
Closed trade(s): 5648178 Profit
Open trade(s): 10395255 Profit
Closed Profit:
TP1 @ 0.031 touched at 04.13.2018 with 1082726 Profit.
TP2 @ 0.037 touched at 04.20.2018 with 1682726 Profit.
TP3 @ 0.049 touched at 05.03.2018 with 2882726 Profit.
1082726 + 1682726 + 2882726 = 5648178
Open Profit:
Profit for one trade is 0.04096325(current price) -0.02017274(open price) = 2079051
5 trade(s) still open, therefore total profit for open trade(s) is 2079051 x 5 = 10395255
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free
Technical analysis:
DigiByte/Dollar is in a range bound and Resumption of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 51.
If you missed our first HUNT, you may want to check this!DigiByte/Dollar
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*If you missed our first HUNT, you have a second chance to buy above suggested support line (0.037).
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 reversal patterns is formed in the zone.
Trade Setup:
We opened 8 BUY trade(s) @ 0.02017274(day close price) based on the reversal candle ( Hammer ) at 03.18.2018.
Total Profit: 13481860
Closed trade(s): 5648178 Profit
Open trade(s): 10395255 Profit
Closed Profit:
TP1 @ 0.031 touched at 04.13.2018 with 1082726 Profit.
TP2 @ 0.037 touched at 04.20.2018 with 1682726 Profit.
TP3 @ 0.049 touched at 05.03.2018 with 2882726 Profit.
1082726 + 1682726 + 2882726 = 5648178
Open Profit:
Profit for one trade is 0.04096325(current price) -0.02017274(open price) = 2079051
5 trade(s) still open, therefore total profit for open trade(s) is 2079051 x 5 = 10395255
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free
Technical analysis:
DigiByte/Dollar is in a range bound and Resumption of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 51.
Digibyte is on fire, most decentralised most long-term potentialWhat makes DigiByte More Secure?
Global Decentralization
The DigiByte blockchain is spread over a 200,000+ servers, computers, phones, and nodes worldwide.
5 Mining Algorithms
DigiByte uses five secure and advanced cryptographic mining algorithms to prevent mining centralization compared to single algorithm blockchains.
Advanced Difficulty Stability
Difficulty adjustments protect a blockchain from several forms of malicious attacks. By creating and implementing DigiShield & MultiShield, DigiByte has the most advanced difficulty stability of any blockchain in the world today.
What makes DigiByte Faster?
15 Second Blocks
DigiByte has the fastest block speed of any public UTXO blockchain in the world today with 15 second block timings.
Early SegWit Implementation
Segregated witness allows for several innovations to occur on top of the DigiByte blockchain such as cross chain transactions and single confirmation transactions.
Blockchain Rigidity
DigiByte transactions, unlike other transactions on other blockchains, are limited in size and scope to increase speed, efficiency, and throughput. Most importantly this maintains security.
What makes DigiByte Forward Thinking?
Cybersecurity
DigiByte Blockchain technology can be leveraged and applied to applications, fixing 90% of the most common vulnerabilities affecting the internet today.
IOT Devices
The future of DigiByte includes the focus of applying DigiByte security to IOT devices and services that require robust communications.
Artificial Inteligence
By combining advancements in DigiByte Blockchain technology with artificial intelligence, we are exploring new innovations in automation and data analysis.
DGBUSD , weekly update:Total profit 6764220 in 27 days.!DigiByte/Dollar
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still 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 "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 8 BUY trade(s) @ 0.02017274(day close price) based on the reversal candle (Hammer) at 03.18.2018.
Total Profit: 6764220
Closed trade(s): 1082726 Profit
Open trade(s): 5681494 Profit
Closed Profit:
TP1 @ 0.031 touched at 04.13.2018 with 1082726 Profit.
Open Profit:
Profit for one trade is 0.02828916(current price) -0.02017274(open price) = 811642
7 trade(s) still open, therefore total profit for open trade(s) is 811642 x 7 = 5681494
All SLs moved to Break-even point.
Take Profits:
TP2= @ 0.037
TP3= @ 0.049
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free
Technical analysis:
DigiByte/Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 64.
Digibyte Price Analysis. There's a lot going on in this chart here.
Bullish Case
Digibyte has closed above the 50 day moving average for 2 consecutive days and it was above average volume. The volume acts as a good confirmation that this was a meaningful move and as long as we can hold the 50 DMA, we should be in good shape. If anything this should act as support if the price gets in trouble. If anything, it should at least bounce the price. Digibyte has also been challenging and flirting with the 200 day moving average. A break above and especially if some decent volume accompanies it, is very bullish. The MACD had a nice cross at the lows on April 2nd. Usually this type of divergence, (being the price heading down but the MACD crossing up) is a good indicator that the trend may be due to reverse. The cherry on top is the beautiful saucer pattern that started forming on March 3rd and that was also a crazy price action day for DGB. We're sitting at the top of the saucer right now and this also can help propel the price higher if it breaks out.
All of this is a perfect storm for higher Digibyte prices if we can break out of this area.
Bearish Case
Well the overall breadth and crypto market in general still has a lot of work to do and some serious "technical healing" on the longer term charts. The RSI is heading into overbought territory on the daily chart and this could potentially "pump the brakes" to make the price stall at the 200 day moving average.
Other than that.... not a whole lot of a case to be made for the bears here.
