Is Digibyte getting ready for a breakout?Is Digibyte getting ready for another breakout? There's a few things on the chart that makes me think it will. All of 2021 it has been in a uptrend. DGB did get a little a head of itself and tried breaking the 200ma. It got rejected we never got a close above it. Since then we've touched the 200ma two other times and swiftly got rejected. We have however formed two higher lows and the last few days the 50ma has been holding very nicely acting as support. We are setting up for a MA cross with the 50 and 200 day which I consider bullish. We've also been holding up in a area where we've seen the buying since pre December.
What I what I want to see to know this trade is intact is a close above the 200ma and it hold for a day or so. I do think we may get rejected at it one more time and form another higher low. If I see a lower low formed below 115 I may possibly consider that the trend has reversed and close the trade.
Best of luck on your trades!
DGBBTC trade ideas
DGBBTC - Long - Potential 14.53%DGBBTC - Long - Potential 14.53%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Zone:
0.00000125 - 0.00000129
Take-Profit Targets:
1) 0.00000136
2) 0.00000148
Stop Targets:
1) 0.00000121
Trailing Configuration:
Entry: Percentage (0.0%)
DGBBTCLooking at a possible ascending channel for DGB.
Potential bullflag on smaller TF suggests a target mid channel, small reconsolidation before things really get rolling.
Price target here is a measured move based on the falling wedge accumulation.
Im patient and not getting off this ride for a while.
DGB IN BUY ZONE FOR MORE THAN 200% GROWTHDGB IN BUY ZONE FOR MORE THAN 200% GROWTH
#dgb/ btc TRADE ROADMAP MAPPED FOR MORE THAN 230% GROWTH MIDTERM
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AS ALWAYS FOLLOW @CRYPTO_SARKAAR ON TELEGRM TRADING VIEW
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DGB - Ready to put up gains? Long Term Potential 200%++🚀🚀DGB is a coin with some really cool fundamentals behind it and a surprisingly strong fanbase. And decent memes too.
Massive breakout has already occurred with a retrace to the top of our liquidity area. Should be a pretty straight shot moonward from here, minus the occasional retrace which as we've seen just recently can be a real divebomb with DGB.
Buy some, be patient, take profit regularly - and be a wealthy trader.
DGBBTC: Breakout Imminent?DGBBTC looks to be breaking out of the falling wedge pattern. MACD also about to form a bullish cross. Could be a fake out so keep a close eye!
DigiByte (DGB) Support Found... Final Call (100%+)DigiByte (DGBBTC) peaked 15-Feb. and later started to retrace... It looks like we finally found the support.
As prices corrected, first, the 0.618 Fib. retracement level was activated which coincides with the EMA50 magenta line.
Prices shortly consolidated (went flat) and now are moving back up.
Today we see DGBBTC back above EMA10 and starting to move up.
We have bullish indicators... This is the final call.
Additional details on the chart.
Namaste.
DGB/BTC short position . DGB does not look good... we can now set a short position and do not remember SL is everything.
Needless to say, this is just my analysis and a trader is responsible for the risk as the reward is for... ;)
Good Lock.