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Digibyte / Bitcoin

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DGBBTC trade ideas

DGB needs to seize the day. Personally, this is better off as a long-term investment. However, I believe this coin severely under-performed in Q1. Say what you may about Bitcoin, DGB has not done much about bringing their blockchain ahead of others. (Marketing fund for what?). DGB fundamentals are great. There is immense potential. For about 2 1/2 months this coin traveled down the wedge and finally broke out. The volume at time of publishing is 469 BTC (Bittrex). The 1 and 3 Day MACD Chart looks superb for a long uptrend. RSI is around 54 with plenty of room to grow. Of course we have to see the correction first in order to gauge its next move. For now, a buy seems like a good bet. Wait for wave 2 correction though. Any where from 320-280 Sats could be a buy zone. Don't take my word for it. These are merely thoughts. Prove yourself Digibyte!
Long
by kemmdogg
DGB Buy Signal Observe how the 5 volume weighted moving average has crossed above the 20 on the 1 hour chart. This is a strong buy signal since it indicates a change in trend. Meaning, the price will go up provided the 5 VWMA stays above the 20. Sometimes these crosses fail and cross bearish. Stop loss at a bearish cross. Never trade against the trend! This is the harshest lesson I have learned in crypto thus far. It's like rowing a boat upstream without a paddle. Your portfolio will get wrecked. It is important to remember the 90:90:90 rule. 90% of traders will lose 90% of their portfolio in 90 days or less. So please, trade with caution, wisdom, and sound judgement. It is too easy to become greedy or emotional and this will only lead to great loss. Patience is the best attribute to possess in this game that we play.
by crypto_gunther
DIGI-Marines are back!!! ( Short-term trade )As you can see in this idea ,DGB is holding nicely over the trend and Green support area. Daily volume has declined implying selling has stopped. The whole green area between the lines are Buy zones Buy strategy : slow-accumulation ,buy small amounts every time it dips ,buy the rest when it breaks the teal trend-line Their is 3 Take profit areas marked on the chart TP1 @ 295~300 TP2 @ 305~309 TP3 @ 313~319 and the final target before a slight correction Their is also a weak resistance line at 280 Sats .you can take profit their for a quick trade and move on Stop-loss below 220 Sats since the whole area is a buy zone not sell zone . Dont go all in at once ,just buy gradually .Averaging in reduces risk and exposure. Good risk management is advised. All we have to do is wait for the whale to come and pump the price .
Long
by lilothebest