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.
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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.
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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.
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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
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Digibyteusd
🥇156% Gain, I Continue To Hold. (DGB)💰 I added to this one for the longterm ride in early april when it sat around 70-85 Satoshis.
I continue to hold as the weekly still shows continuous green on the Crossover strategy and the ema dots. It did surge much higher and now has corrected back down. Btc is under pressure and looking sketch. I might need to close out of positions if btc decides to get rejected and start selling off. As we know the market loves to correlate.
For the most part keep it simple and hold till I get confirmation on the indicators.
Have an awesome trading day! ❤
Which altcoins do you think I should look into? Smash the like button and drop your favorite cryptocurrency in the comments down below! ⬇️
🥇MLT | MAJOR LEAGUE TRADER
DigiByte uptrend forming support and resistance linesDGBUSD breakout has been confirmed. It’s on a current uptrend and forming well-defined support and resistance lines. I remain cautiously optimistic as to whether this will continue. This coin has a tendency to be a feast or famine investment, and it’s currently on fire!
Alts HUGE Target Zone We know that in cryptos eventually everything looks the same. Most alts will be above january levels before this run is finished. That's a great indicator. Then there are ZONE pumps where something pumps more than others, right now it looks like that the coins that pumped lesser in january pumps higher now, but everything reaches the level of highest pumping coin on January. Seek for coins that are still COLLECTING and looks healthy. Eventually you should be able to INDEX them all like that. Markets takes time and now is the opportunity to BUY.
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.
DigibyteStock Symbol: DGBBTC
Digibyte is compressing. Could be getting ready for a hook to the upside. Keeping an eye on this one.
Diversify and use 5% stoploss
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- Major League Trader
DGBBTC : Falling Wedge on classical support and resistance Zone.DGBBTC : Falling Wedge on classical support and resistance Zone.
1 Day Time market is Bullish Confirm.
Weekly or Monthly trend Bullish Not Confirm yet.
Market need to test At-least Main bottom.
I have Highlight in green where market has tested our Main Bottom But
I am not happy with that Crash still Need to wait for major trend Confirmation.
DGB/USDCryptocurrencies totally start to bottom and reverse from the bear market, it's hard to make a prediction but the dominant trend may be very impulsive.
DGB Getting Ready for Big Move Hello Everyone Hope you are making good profit from my signals
Here is another signals for you hope you will get good profit from this call
DGB Bounced from .618 level also we have strong support at MA50
Morning Star Candle Spotted which is a reversal sign
we can also see Golden Cross Soon which is a indication of big bull rally
Current Price 309
Buy Between 295-310
Target 325
Target 350
Target 375
Target 420
Target 470
Stop Loss 275
DigiByte ($DGB) - up to 1045% PPT! Long term trade.$DGB is entered a strong support zone in the green box also price is showing bullish divergence on daily RSI and MACD.
Price is reached 2 years support line (yellow).
$DGB is a great project with big community support and decent PPT.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
DigiByte Ready For The Next CycleWelcome Back!
Today I made an update on Youtube detailing 3 coins i felt were ready for a new cycle. DGB was on that list.
With that being said, let's dive into this and see what is in store for us!
Taking a look at the daily chart, We have finished the 3 step process I look for when finding a profitable market cycle.
What you want to see first is always Capituluation. Capitulation happens after the bear crash after the parabolic trend has broken. With Alts, this usually means at least a 75-85% correction..
Capitulation occurs once the retail investor has sold all his positions he accumulated during the parabolic run up. These are the investors that lose!
Next comes Accumulation/Distribution. Usually this is where you start to see people taking positions and laddering in after the crash. Many think this is the bottom however, its often not that simple.. Lastly, we have the final sell off. This occurs once support is broken and we fall for one more lower low. This is where smart money takes large positions before the eventual hype cycle to follow!
After analyzing DGB's cycle its becoming clear to me we are at the final sell off thats ready to spring load this market to new ATH's.
Pack your bags fam, this ones ready to rip!
God Bless, JolleyCrypto
Digibyte DGB / USD - Gann Formula Digibyte is fundamentally strong, super fast, and one of the oldest blockchains around. It's taken a hit along with the rest of the market and is now flying under the radar. Please use this IDEA for confirmation of your own charts and ideas only. There are some nice markers and lines that fit.
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.
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
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
DGB/USD Possible movement..DGB/BTC has broken a trend line which I posted a article on trading view on the 3rd October, DGB/USD looking to breach the $0.0264 resistance and push towards Target 1. RSI looks like we could have been in a oversold market which states we could be reversing. Movement up towards the cloud looks a huge possibility.