DGBUSD trade ideas
I may get that dip afterallSeems like a bear flag which is typically followed by break to the downside. 64% chance of that. 36% chance we break up or trade ways. Stochastic really looks like up to me. Not really lining up. Learning at it's finest. Don't forget to check WGR Cryptoguy's chart!
DGB/USD- Where are the Bulls?DGB (Briefly) broke out from it's downtrend last week but since then it has continued to trace back towards original break pricing.
It now appears to be tightening up again as it nears the original break level so we may see some gains in the next couple of days.
The concern is that the trailing resistance only rests about 10% from support.
I'll be watching and looking for a potential fall through this upcoming support to a more favourable entry point but for those feeling brave it may be enticing to buy a break from this short term decline.
Thoughts and feedback welcomed.
Bingaz.
DGB STRENGTH ON WEEKLY AVERAGESmany tests of the weekly moving averages to support the price at various milestones
is crypto winter finally over?
DGB looking strong among the pack
Update on digibyte.Best case is we break the pennant, but have outlined some possible re-entry zones on possible re-test of supports.
LEARNING
First ever chart. Digibyte seems Bullish I am brand new to this and never taken any classes on TA. Also, I hate math, but I love this coin so I am giving it a shot. I have watched enough youtube videos and followed enough "experts" on twitter to know that "lines don't matter". HA HA. I really like to watch this particular stochastic as an indicator. I have noticed that it is usually fairly smooth and easy to play. However, sometimes digi is so bullish that the stochastic can be going down and that is not reflected in price action. Grateful for advice. Watch that gnome guy on twitter. His charts are much better.
DGB/USD - Re-Entry Idea- Retesting Original BreakoutDGB currently retesting original resistance.
Yesterday the break played out as anticipated for double digit gains.
Possibly a good re-entry point at current level as we anticipate a bounce from previous resistance.
Tight SL in place.
Any thoughts or feedback welcomed.
Bingaz.
Sell DGB Buy Fiat Trade WeeklyRed hammer at the top for the weekly close
Chiku Span showing a 'hockey stick' formation
MACD hinting confluence back to mean
Stoch first sel trigger May 4th weekly and 3 doji since
No structure on weekly for support
April 27 weekly candle wick looks like the next best zove for demand
S/L .02122
T/P(1) .01433 (Tenken Sen/Kijun Sen Weekly FV confluence)
T/P (2) .01105
R/R .46 - Yes a lil low but, the buyback potential is amicable; sell DGB into stable then buy back DGB at lower stike - no brainer
Profit in every way!!!!
DGBUSD- "Waiting and Watching" Retest Support or Breakout?DGB remains in a structured Downtrend, (albeit a wide one) and if current support holds it should attempt a breakout in the coming hours or days.
Seen in the charts, besides a brief dip it remains within the triangle and the length of this consolidation should prove to build momentum into a move to the upside.
MACD and RSI may need to test lower support ranges before breakout so cautious entry advised.
I have lofty targets if the move plays out but lately DGB has been notorious for quick profit taking so structure your own profit markers accordingly and a tight SL is a must in the current environment.
If short term support fails, possible entry at bottom of channel should prove profitable.
Any feedback is appreciated.
Happy Trading!
DGB WHERE ARE THE SELLERS?16 months of selling and then bang!
All wiped out in a single month
are they all gone?
DGB PURE SPECULATIONposting this as I am only interested in watching the price react to historic levels
most trading patterns tend to broken by the market
shapes are arbitrary
I trade horizontal lines only
not trading advice
#DigiByte $DGB on the daily chartMay 20 RSI of 45.72 is above the April 15 RSI of 45.46. This indicates DGB is still in an upward trend even after seven days of fall. By this 0.02896 is in sight.
DGB/USD- Lower level Support holding- 15% TargetDigibyte has seen massive gains over the last few weeks and I've been looking for a re-entry. It seems to have found solid support at current price. Early Target of 15% seems more than achievable. RSI & MACD look sound.
INVERSE DGB FALLING TO .05in this inverse view of DGB it is clear that many support levels have been lost
the price could not hold on to the channel bottom or the support at .165
if it cannot get back above .165 the unfortunate next support is .05
we can only wait and see if it holds
crashing upwards
Does It Want To Slow Down? (DGB)Digibyte has been a fun one!! 😁💲💲💲💲
Got some green sitting around 2 cent range as it tries to hold its ground, not concerned yet.
Still holding onto this position.
I'll consider exit on 3 day movement.
Whats next for DGB/USD?After our successful analysis we are looking for a new setup in Digibyte/USD on Bittrex.
DGB is consolidating and we should look for a buy opportunity around the Blue or Red support line.
The buy zone is between 0.020 and 0.0185 within the Blue box.
-Look for a reversal signal first!
-Use stop loss under need the support.
-Use money management
-Don’t forget to take profits at resistance (0.0224 and 0.0265)
-Or HODL trough
Remember my charts are my personal charts and in no way shape or form financial advice.
If you like my content, support by thumbs up, subscribe, comment or share.
Thanks all, good luck!
Digibyte bounce comingAs you can see in the left 3 red circles, Digibyte has reacted strongly to the red uptrendline.
It broke trough 2 (years old) resistances with ease. (Blue and black) which suggest a strong uptrend.
Within 2 day’s I expect price to bounce out of the red circle on the right.
This move is supported by the black and red support lines and the RSI has a lot of room to the upside.
Buy between: 0.01740 and 0.01580
Stop loss under 200MA
-Invalidated if: Broke black or red support line.
-Underlying support: 0.0130 local support and 200MA
-Overhead resistance: 50MA, 0.0198 resistance in blue, 0.026 resistance in red
-Target: 0.026 resistance at previous high, or hodl.
This is for my personal record and not financial advice, you are responsible for your own actions.
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Thanks! Stay safe!
PAY ATTENTION ON DGBUSDT RETRACEMENTReversal pattern has been identified in green. Rsi is showing sign of correction after the big move we have seen on this coin. As you can see on the analysis we're expecting at least 35% based on fibbonacci retracement before seing the run continuation.
As i always say, protect your position with stoploss.
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Good luck
