DGBUSD trade ideas
Digibyte! Will History Repeat? DGBWill history repeat again for Digibyte? Not much more to add... it's color coded.
Travis
JMJ - UIOGD
Digibyte: For those who missed the DigiExpress.Digibyte: For those who missed the DigiExpress. You may be given a second chance.
The Digibyte Boogie WoogieWell, on top of the completion of the Cup and Handle formation outlined previously, we have now closed out a Reverse Head and Shoulders pattern! Digibyte continues to dance to the crypto tune.
The Digibyte Boogie Here we are in the midst of a rebound, wondering if this is a fake out or the real thing. Well Digibyte is dancing to the tune that is playing at the moment and is forming a nice little handle to go with its beautifully deep cup. I'll drink to that!
DGB - wait until it corrects, > 200% gain possible (short therm)DGBBTC is under pressure for correction so we except here that DGBUSD will retest it's bottom as well without any double bottoms or similar as with other coins but with nice cup and handle which should trigger serious buy action. Just wait until volatility gets relaxed and RSI (RSI on SMMA as well) gets bloody as well. DGB is having great community, great developers, great leader, great marketing... all in all, very good project that has bright future. Buy and sell zones are marked on the chart -> note that these sell zones are just short therm if you like to trade like that.
Some facts:
- Multiple mining algorithms (Scrypt, SHA256, Quibit, Skein, Groestl)
- Short block time - 15 seconds as opposed to bitcoins 10 minute block time. Transactions are fully confirmed after 1.5 minutes (with help of Microsoft !!!)
- Over 2000 TPS (Transactions per second), which can compete with Visa's TPS
- developed esignatures inside the blockchain
- DGB is the first crypto-currency introduced SEGWIT
- the longest public blockchain in existence
- DigiByte pioneered asymmetrical difficulty adjustment mining with DigiShield, which is a widely used technology and the basis of many other blockchains
...
DGB putting in yearly bottom?Buy signal most definitely, digiassets recently announced + constant major development news.
Digibyte is the perfect market catalyst and does appear to be putting in its yearly lows, either way i'm here for the ride.
DGB buy zoneWe're in trading range shown here for about some time. For more safety u can buy after a nice rebound. target area is the upper band of the channel
I now own 2 millions DGBI own more DGB than the entire bitfinex selling book.
Thats allright for me waiting for 0.015$ if it happen to add more :)
My stop is 0$, im like Warren buffet.
I bought because i consider DGB is one of the most undervalue asset.
If it continue to drop, do you think ill sell? No i bought because i know its very undervalue so i add more.. like Buffet ;)
Trade at your own risk!
(Dont invest in crypto is your not already loaded in precious metal for the reset)
DGB/USDDGB testing the bottom trend line (Pink line) that has held since the end of march.
Blue dotted lines show support and resistance levels if we bounce off the pink line or fall below it.
DigiByte DGB/USD Rolling Pivots. Big move soon? DGB has a long history, great dev team, it's super fast and as useable today as any coin out there. I add these fundamentals not as shill but because it's a great coin to watch from a historical perspective. What makes it great is that it's more organic in movement than most, an O.G. POW coin that's time tested alongside the likes of BTC and LTC. Sometimes ALT coins can be used as indicators for the market. If you watch DGB you know it's not going away and that often it has systematic movements that can help predict the market. Also its affordable and only on every exchange expect Binnance, which can lead to some non organic growth. Also see Dogecoin now that it's being taken seriously
#DGB #DIGIBYTE #BTC #BITCOIN
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.
DGBUSD FractalFractal can be seen when paired against the dollar, in a favorable market I would be expecting something like this to pan out. Be kind BTC, let DGB have its day. I will be following this until targets or invalidation.
Digibyte Fractal?I really enjoy looking at the fractals of DGB as comparison to USD and BTC are extremely interesting.
This one is just a bit of fun, and not too sure on the exact dates, but if it plays out like last time we are to expect in the short term at 64% drop from the last peak we have just seen a couple days ago, which would then form into a saucer for consolidation before witnessing a handle, and then the next rocket up, say in 2019 some time.
Digibyte Ranging..DGB is moving a box region and being held up by support and resistance, a break either way will dictate where the next few weeks we will be going, as the ETF is around the corner I would wait for a entry.
Digibyte possible small bull run.Digibyte has broken the trend decline and could possibly breach $0.0262, as we all know DGB does not act like the rest of the market. so possible spike could be on its way.
Digibyte swing trade targeting upper trend-line possible +57%DGB has been one of the more bullish coins over the past couple of months. While BTC has formed a descending triangle since February, DGB has formed a series of higher lows. When DGB is bullish, it outperforms most coins. It is not unreasonable to expect DGB to at least make the upper trend-line due to:
- DGB support has held strong,
- Consistently remaining within a price range for the past few months,
- recent 51% attacks on less attack resistant coins - which in my view has proved DGB devs correct in selecting multiple mining algos,
- BTC has shown support and signs of strength in the past week or two, if BTC heads well north of $7000 that could well be a signal for strong gains in DGB to be unleashed (as DGB tends to follow BTC rises and falls consistently while also outperforming BTC).
- The last reason is speculative at this stage - I expect we are in the last few weeks of the bear market as I expect BTC to first head for $7500, and then, $8700, and possibly $10,500 later this year. If this scenario eventuates, this will take the brakes off altcoins and the market in general.
I am not a professional, a financial adviser, or your Mum so please do your own research and protect those funds. Thanks for viewing and good luck.
$DGB $DGBUSD possible fractalafter second fractal completes a possible impulse to .25 cents could unfold to begin the next fractal
Digibyte Wedge..Digibyte is forming a wedge and after breaking the small resistance of $0.028 we could see this as a good support. Looking to push towards $0.032.
