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.
DGBUSD trade ideas
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.
Digibyte Exposure.Digibyte is holding along the trend line and is looking to break out, finding resistance at that level and looking to drop slightly and bounce right back up.
DGB Possible JACPossible 4 month accumulation range. Looks to be showing a desire to jump across the Wyckoff creek. If it does, then backs up to the creek then a long should be considered. And no, I didn't copy this from someone else.
Digibyte Short and Long Options...Digibyte currently in a trading range, a break either way will dictate the direction for the next week or so, a daily candle close above $0.28 will see us retest $0.031 but a candle close below $0.024 could see us retest $0.020.. I am very bullish on Digibyte longterm and believe we could be seeing a $0.75 token for sure in a few years..
DGB DigiByte Sliding Scale - MAP This course map , can slide to scale as seen in video. Its interactive and flexible to the current price movement. These lines can act as trend lines, cross-ups , cross-downs, support and resistance. Right now we see DGBBTC recovering from an oversell. Alt-coins are taking a hit and if you notice, the good ones are rising to the top. DigiByte has great tech, use cases, and a strong community. I expect that funds will filter back into the long running, tried and true coins.
This is an opinion based on my insight and is not investment advice . Please do your own research.
DGBUSD - The best buy opportunity in cryptoDigibyte daily chart shows us a great opportunity to buy DGB. If you trust this cryptocurrency, this is the best time tu buy.
DGB is now oversold on RSI and MACD.
DGB has very strong structure on chart.
DGB is very popular crypto asset of traders and hodlers.
#DigiByte $DGB looking goodNotice how DGB bounced on the green support line, watch the Stoch RSI curling up. We could be seeing a good rally up to the red resistance line. This is only an idea. This is not financial advice
Long-Term HODL level for DGBThis is the general area that I will start averaging into DGB for the next bullish market.
My long-term target for DGB/USD is around $9.
DigiByte to $9, Bottom is in! My low buy target of .021 has hit, and my projection for DigiByte is $9.
Ready for Happy Hour?In my previous post you could see IF or WHEN DGB will repeat it self, now we follow the hourly trend downwards in the descending triangle.
RSI is weak, volume is weak... which could all result in a great buying opportunity! Buy 1 DGB and get 2!
BTC is the market leader, if that is weak... the rest is weak IMO. It appear BTC is testing the 5,9k - 6.0k range now, if it breaks... brace for impact due to the lack of underlaying volume.
That could result in us touching the orange buy box to stack up our pile of DGB.
Let's see what the weekend market wil bring us.
Trade SAFE and don't FOMO!
/M
Chance to buy DGB and take 100+% profit. Don't miss this chance.New Partner : UTRUST
3x last "UP and down".
History is repeatin.
All in graf.
DGBUSD Double bottomFound this textbook double bottom for the DGBUSD pair. Additionally, it seems it also completing a C&H pattern. (cup and handle) If the trend continues, a target close to 8 cents is in the cards. This pattern is cancelled if it drops below already marked support line.
**NOTE** I am not an experienced trader. I am an investor learning TA. So please, take it easy on me.
**DO NOT use my published ideas for making decisions.
Recommendations are welcomed, trolls are ignored.
The Quest for more volumeVolume, volume... volume! That is what we need at the moment, the small buy or sell orders control the markets now. The believe has to get back in to crypto, that is also visible in BTC at the moment. The contracts make it so volatile, it is not possible for the average Joe to trade or to build up a nice investment.
Let's hope we hold this level of support... but judging by the overall market we might end up we a new buying opportunity to gain some more DGB.
Safe trading and don't FOMO!
/M
DIGIBYTEDGB/USD supply&demand zones, bear&bull trap, correction waves after this growth. Calculation with Fibo-lvls, active zone, CCI indicator is breaking the supports.
The Quest for a cup of tea at .618?Digibyte... the road to .618 for a cup of tea?
Almost sounds like a magic quest for a treasure to be found. The obstacles to overcome is the poor volume in the overal market at the moment, there is a lack of confidence in the current crypto market in general.
Slowly but steadly we are following the wedge to meet the magical .618 of the previous all time high. The two double bottoms and a possible cup & handle forming could result in a even bigger Quest to meet the .5 level at around 8 cents. The centiment & the volume have to increase in order to follow to road to 64% possible gain of the C&H pattern. Still staying sceptical at the moment, Digibyte seems to follow the big daddy Bitcoin. If this a bull run in bitcoin to meet possibly 8K I could see this quest for 8 cents getting a better chance of succes. If we are ending up in a down trend, the C&H pattern is not confirmed and it is brace for impact to meet possibly the black line again.
Feel free to comment, this being my first attempt publishing here on Tradingview.com
Cheers!
Coins will reach their mid feb prices, here's whyI have some coins that they have done their market cycle earlier. And all of them shows that most of the coins will reach their mid feb higher lows. Some of them will even fakeout but don't get too bullish. I'm expecting 2.5x to 4x in USD from altcoins. I'm also expecting to see btc over 12k for a short period of time.
