$DGB Potential Trend ReversalIt might still be too early to tell, but $DGB looks like it could potentially signal a trend reversal in the coming weeks,
which will be validated on the monthly chart.
Notice the similarity between the two periods, leading up to the bull-run in May/June 2017 and now. This project has
extremely good fundamentals and people behind it.
Target 6-8k sats.
DGBBTC trade ideas
DigiByte Breaks EMA100, Final Call (Trade Inside)We've been looking at DigiByte (DGBBTC) for the past few months and finally, we are ready for some really strong bullish action...
But before we get started, here you can find our full trade:
DigiByte PREMIUM Signal (DGBBTC | 178%)
For DGBBTC, prices are moving above EMA100 (blue line) after challenging this level for 6 days straight...
Now that this level is being conquered, there is no doubt that DigiByte is ready to move higher.
Quick note: The daily candle must close first for confirmation of this signal.
Where is the next target?
With DigiByte already moving, we need to know the next target, where will prices stop next?
Soon DGBBTC will find resistance at MA200 when it reaches 0.00000079.
Above MA200 we have EMA200 (0.00000085) followed by EMA300 (0.000000107)... These are the main targets short/mid-term.
More targets can be found if you zoom out the chart.
Thanks a lot for your continued support.
Make sure to hit LIKE, FOLLOW, COMMENT & SHARE.
Namaste.
DigiByte PREMIUM Signal [DGBBTC](178%)This is our trade signal for Digibyte in full.
Remember that the charts are always changing and things can always change.
Just as prices can move up, they can also move down.
Just as we can win, we can also lose.
Remember to always diversify, not only trades but the exchanges and also where you keep your funds.
Make sure to always have a plan before you decide to trade.
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Trade: DigiByte | DGBBTC
BUY: 0.00000063 - 0.00000071
TARGET:
1) 0.00000078
2) 0.00000085
3) 0.00000095
4) 0.00000105
5) 0.00000120
6) 0.00000135
7) 0.00000165
8) 0.00000195
STOP: Close weekly below 0.00000058.
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This is not financial advice.
Thanks a lot for reading.
Namaste.
$DGB - BEAR TREND GRIP LOOSENSAfter almost 3 years of depreciation, it seems that DigiByte might finally be set free from long-term resistance. Who knows where from here after we smash through relevant EMA's. With such good fundamentals, albeit the oppressors, this project should eventually stake its place as the most secure and decentralised blockchain to exist, which in itself has huge implications as time moves forward.
Target - 6-8k sats
Digibyte broke out of the Downtrend!Welcome fellow Tradingviewers,
Digibyte one of the oldest projects around in the cryptocurrency market might just have broken a very important level.
In our last analyses we shared our thoughts on the delisting on polienex and why it really did not even matter.
Without further or due, lets start analysing:
We will be analysing DGB using a top-down strategy, including candlestick patterns, indicators and price patterns.
Monthly:
- The candlesticks are not showing any real signs yet, Neutral.
- We are below the 50 MA, indicating more downside.
- MACD is starting to shift towards bullish territory, but for now indicating more downside.
- RSI is neutral.
- WE BROKE OUT OF A MULTI-YEAR DOWNTREND
Weekly:
- The last weekly candle closed as a bullish engulfing candle, indicating more upside momentum.
- We are below all MA's indicating more downside.
- The MACD has crossed bullish a couple of weeks ago, indicating upside momentum.
- RSI is in neutral, coming from oversold territory.
- WE BROKE OUT OF A MULTI-YEAR DOWNTREND
Daily:
- The last daily candle was pretty much neutral, slightly favouring the Bulls.
- We are currently testing the 100 MA, indicating more downside.
- We are also above the 50MA indicating more upside.
- Break above 200 MA would switch the trend to bullish.
- The MACD has crossed bullish, indicating more upside.
- RSI is in neutral.
- WE BROKE OUT OF A MULTI-YEAR DOWNTREND
In summary:
The break of this multi-year downtrend has not been really spectaculair.
We are still awaiting full confirmation on the breakout but things are surely looking better and better for Digibyte.
A break above the 200 daily MA would confirm that we are once again in a bullish trend!
This multi year downtrend seems to have formed a falling wedge, IF we can get some confirmation, 150, 250 and 350 sats would be the very first targets!
This analyses is only intended to share my idea, to educate and entertain you guys.
This should not be considered as financial advice.
I hope you guys enjoyed this analyses, if you did don't forget to leave a Like !
If you want to share your thoughts, please do so in the comments below!
Kind Regards,
FORALLCRYPTO
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.