DGBUSD trade ideas
digibyte/usd - J-curve formation and cup&handle patterndigibyte/usd - J-curve formation and cup&handle pattern
Ever tripled your money in 1 trade? We have........ many timesGood old DGB.... the ‘shi*coin’ right?
Whatever your thoughts on this, you should look into it.... seriously.
We’ve already made mega money on this, and when you check out what this project is actually capable of, I think you’ll want to get in.
Big resistances here on the daily, all around major psychological thresholds. 5c / 10c / 15c.... it much TA to offer on these types of charts. We’ve broken a pattern, need to break 5c, get ourselves a cheeky higher high and we’re good to go.
Clearly a big rejection at that level is cause for a rethink, but resistance isn’t gonna break easy so don’t cack your pants if it fails 1st time round.
All time high? Why not?
Beyond? Well we certainly think so.
Get your yourselves in at a decent pullback, and salivate over your Blockfolio at the end of the year with a cheeky cigar and a glass of Armagnac. Cheers!
Trade safe,
The Colonel xxx
DGB LONG PredestinationYou will find many altcoins with this pattern in the 7 day chart, many are already in point to start a new market.
Digibyte Price Analysis. There's a lot going on in this chart here.
Bullish Case
Digibyte has closed above the 50 day moving average for 2 consecutive days and it was above average volume. The volume acts as a good confirmation that this was a meaningful move and as long as we can hold the 50 DMA, we should be in good shape. If anything this should act as support if the price gets in trouble. If anything, it should at least bounce the price. Digibyte has also been challenging and flirting with the 200 day moving average. A break above and especially if some decent volume accompanies it, is very bullish. The MACD had a nice cross at the lows on April 2nd. Usually this type of divergence, (being the price heading down but the MACD crossing up) is a good indicator that the trend may be due to reverse. The cherry on top is the beautiful saucer pattern that started forming on March 3rd and that was also a crazy price action day for DGB. We're sitting at the top of the saucer right now and this also can help propel the price higher if it breaks out.
All of this is a perfect storm for higher Digibyte prices if we can break out of this area.
Bearish Case
Well the overall breadth and crypto market in general still has a lot of work to do and some serious "technical healing" on the longer term charts. The RSI is heading into overbought territory on the daily chart and this could potentially "pump the brakes" to make the price stall at the 200 day moving average.
Other than that.... not a whole lot of a case to be made for the bears here.
Digibyte, Patiently waiting it's turn :) Daily
Double Bottom (April 1st & April 7th) *followed by breakout*
Resistance @ $0.030
Possible Entries: Bounce off $0.025 or a daily break and close above $0.030 ( Pictured Above)
4Hour
Switching over to our trend timeframe we can see resistance @ $0.031 w/ support $0.022 & $0.025
Drop to $0.022 is more likely since we originally broke out of that zone.
Waiting for a bounce
Hourly
*Provided to get a better perspective*
Take Profit 1: $0.05
Take Profit 2: $0.10
Take Profit 3: $0.15
Take Profit 4: $0.50
Take Profit 5: HODL
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Potential Saucer Formation Breakout on the DGBUSD Chart!Nothing is certain.... However, DGBUSD forming a nice saucer like pattern on the daily chart. This started forming around mid March and is at the upper end of the saucer. A breakout here + it's meeting of the 50 day moving average is a critical point in this chart. A move higher and accompanied with some decent volume should make for a nice move to the upside. Failing here, which would be expected with the current bearish landscape of the crypto sector would be par for the course. Then again. Anything can happen. What do you think?
DGB Flirting with the 50 Day. Ready for a major breakout?Digibyte has been testing the 50 day moving average and has been showing relative strength. A break through here with meaningful volume could send the price much higher. What do you think?
DGBUSD up to 500% Profit until June 2018 - Premium Signal Hello dear Traders, newbies and Followers!
After we pointed out a scam in the comment section in one of a so called "Top Autor" he informed the support about a violation of a House Rule and as result all our previous Trading Ideas have been disabled and are invisible for ever.
(Promoting a different Channel then our TradingView Account, can't tell exactly because this would violate the House Rule again)
Just our last two Predictions that have been disabled brought our Followers and Subscribers up to 110% Profit within only 3 Days, if you want to see a Proof see our Signature Text below, follow the Link and check our latest Predictions for these Coins.
Just try to not get fooled by Top Autors on Page one who basically never make any Predictions! Giving 5 to 10 possible outcomes and update every 15 minutes is not a Prediction, they are just commenting what the current Price is doing, even a newbie can do that.
And giving 10 outcomes so that you can literally not be wrong and then shout out that you called it is hilarious.
With that sad, back to this fresh new Trading Idea: Digibyte - US-Dollar (DGB-USD)
We try to keep this short why we think that this coin is a safe bet.
This is a very nice underrated Coin traded on nearly every Exchange out there (!) were we can expect a massive Profit within a short time.
An upcoming DigiByte hard fork that will change some of DigiBytes Mining algorithms to maintain GPU friendliness (June 2018).
Its a mineable coin were only 50% of its supply circulating till now also No ICO, Pre-ICO or premine has happent with Digibyte.
Huge Potential because this coin was already worth 1$ and history always repeats itself when its about Crypto.
Even if we could see Profit above 1000% with this Coin, we stay realistic and expect a gain between 100% and 550% Profit until end of June.
BUY ZONE:
0.00000250 to 0.00000275 DGB/BTC
TRAGET:
1. Target 0.00000375 DGB/BTC
2. Target 0.00000625 DGB/BTC
3. Target 0.00001250 DGB/BTC and above
Good Luck and Enjoy your Day
BitcoinSector Trading Group
DGB Falling WedgeThis idea is valid if and only if Bitcoin 0.36% has completed its correction and these conditions are satisfied:
1. The 50 and 200 day exponential moving averages do not cross bearish
2. Strong buy volume is observed for DGB -1.45% and BTC 0.36%
3. BTC 0.36% and DGB -1.45% break out of their downtrends and show irrefutable signs of recovery
4. The blue support must hold
The following daily indicators support upward movement:
a. Stochastic RSI
b. RSI
c. Madrid Sinewave
d. Momentum
This analysis has the price returning to the previous all time high by reaching the 1 Fibonacci level. This TA does not consider timing. Rather, it's about price direction.
It is very important that you do not trust any of my ideas. Do your own research. This is not investment advice. All of my posts are for experimentation only to see how the price behaves.
Final comments:
I've posted bullish and bearish scenarios for the sake of objectivity. It is far too easy to become blinded by greed or personal objectives. There are mixed signals on different time frames which support two different outcomes. Therefore, it is best to be prepared for either a bearish or bullish market.
Three Scenarios for DGB - Monthly Log ChartScenario A:
The price stays in the ascending wedge and goes on a journey that yields impressive gains.
Scenario B:
The price violates the blue support by falling to an arbitrary point before venturing on another rally.
Scenario C:
The price breaks down out of the ascending wedge and plummets to the floor (red support).
It seems logical to imagine multiple scenarios and to be ready to adopt the one that the market chooses. At this point in the game, I'm neutral.
This is not investment advice.
Final comment:
I will post some technical indicators on the monthly chart which support Scenario C.
The Next Stop for DGB: $0.00796430 Observe how the 50 and 200 day exponential moving averages are about to cross (green & purple). If this happens, chalk it up as another death cross. The first already occurred between the 50 and 200 day weighted moving averages. These are very bearish signals to pay attention to!
Bitcoin is headed to $6,000 which will drive the price of DGB down.
Notice the cracked base at $.02148. The next stop is $0.00796430. I expect a nice bounce from this price. However, I don't think that bounce will exceed the previous base at $.02148. Though, I could be wrong.
These are my opinions. Please do not construe this as investment advice.
How to Grow $10,000 into $26,000,000 with DigibyteFirst and foremost, this is not investment advice. Do your own research before investing into Digibyte or any other digital asset. Always perform a risk assessment and use capital management before entering into any trade! This is a long term trade for those with much patience. This post does not consider time. Rather, it is intended to show the direction of price action over the long haul.
This idea is valid if and only if these conditions are satisfied:
1. Bitcoin tanks to $1,100 during this market crash
2. Digibyte plays follow the leader by holding hands with Bitcoin as it descends to the bottom
3. DGB falls in a similar fashion to its rise
4. The price of DGB reaches $0.00015336 in its descent
5. DGB goes on a massive bull run to the 2.618 Fibonacci level
This is my personal game plan. I share this for the benefit of others. I welcome your constructive criticism and feedback.
Finally, it is important to understand that this scenario may or may not happen. Do not put your trust in my ideas . Instead, conduct your own due diligence and invest according to your risk appetite.
