DGB USDT buy setupDGB sweep SSL and made the Single candle Order block. You can take risk of buy till 0.1585 and second target can 0.1665
DGBUSDT trade ideas
Digibyte Set to Retest Major Resistance: Bull Run Ahead?In the ever-evolving world of cryptocurrencies, Digibyte (DGB) is currently making waves as it approaches a critical juncture. The coin is now testing the major resistance zone of $0.013 - $0.014, showcasing signs of potential breakthrough. This development is crucial for Digibyte enthusiasts and investors alike as it sets the stage for a possible bull run.
Testing the Waters
Digibyte, known for its focus on security, decentralization, and blazing-fast transaction speeds, has been steadily gaining traction in the crypto sphere. However, its recent ascent towards the resistance level of $0.013 - $0.014 has caught the attention of many traders and analysts.
This zone has historically proven to be a formidable barrier for Digibyte's price action. Yet, the current uptrend has shown signs of strength, with the coin attempting to carve out a new level of major support. This scenario sets the stage for a potential breakout retest, signaling an expansion of the range and reinforcing major support levels.
Consolidation and Volume Surge
As Digibyte consolidates around this critical resistance level, market sentiment is on the edge. The anticipation of a breakthrough is palpable, with traders closely monitoring price movements. If Digibyte manages to decisively breach this resistance zone and sustain its momentum, it could trigger a surge in volume.
Increased volume often accompanies significant price movements in the crypto market. In the case of Digibyte, a breakout above the $0.013 - $0.014 range could attract a substantial influx of buyers, propelling the coin into a full-fledged bull run.
Implications for Investors
For investors eyeing Digibyte, the current scenario presents both opportunities and challenges. A successful breakout above the resistance zone could validate the bullish thesis, potentially unlocking further upside potential. However, failure to breach this level convincingly could result in a period of consolidation or even a temporary pullback.
Nevertheless, the underlying fundamentals of Digibyte remain robust, backed by its unique features and strong community support. Whether the coin manages to overcome the current hurdle or faces a setback, its long-term prospects remain promising.
Final Thoughts
As Digibyte tests the major resistance level of $0.013 - $0.014 and seeks to establish a new level of major support, the crypto market is poised for a significant move. The outcome of this critical juncture will not only shape Digibyte's near-term price action but could also set the stage for a broader market trend.
With the potential for a breakout retest and a surge in volume, Digibyte stands at a pivotal moment in its journey. For traders and investors, staying vigilant and closely monitoring price developments will be key to navigating this dynamic market environment.
DGBUSDT.PDGBUSDT.P is in bearish trend.
Potentially printing LH and LL.
Bearish divergenc also shown in RSI.
Sellers are strongly active.
Double Top reversal pattern also form.
We short at CMP.
#DGB/USDT#DGB
We have a head and shoulders model that has just been completed and is about to move to targets
We have a strong rising trend on RSI as well
We have a higher stability moving average of 100
We have a strong pattern on the 4-hour frame
Entry price is 0.1007
The first target is 0.01127
The second goal is 0.01250
The third goal is 0.01355
$DGB #DigiByte Trading IdeaDGB DigiByte formed the same pattern as the previous token. There is a lot of room to go upwards. An ascending triangle forms HL (Higher Lows). No predictions only probabilities!
DGB/USDT-1H-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
DGB Pullback for a LONGDGB here 3 day chart. Looking at a likely pump into the range of the Red 200 moving average. Also prior top area. From here (30% target w/ 10% risk) from target long are (40% target w/ 5%) risk
I want to see a pullback into the .00912 area to build a LONG position if allowed. Currently, there's a 12H stophunt giving a dip.
Target 1= .0121
Target 2= .0137
Not financial advice, just my 2cents.
Please like, share, and follow!
$DGBUSDTCRYPTOCAP:BTC #bitcoin CRYPTOCAP:ETH #crypto
MYX:DGB has long way to go, will give good trading opportunities. follow green arrow BINANCE:DGBUSDT
#DGB usdt bullish The dynamic resistance has been broken and is moving upward towards the specified targets in the daily time frame . Give me a comment
DGB LONG 100%+
Bottom reached? big falling wedge
When trade volume is coming first target 0.02 USD +100%
Please tell your comments on this idea, thanks!
DGB It is trying to break the resistance 0.0090-0.0092It is trying to break the resistance 0.0090-0.0092. If it is able to break it, it will have a wonderful rise, God willing ✅ ✅
Trading around weekly resistance flips involves identifying key levels on a price chart where the market has historically shown a tendency to reverse. Here are some steps to guide you through this process:
1. **Identify Weekly Resistance Levels:**
- Look at a weekly price chart to identify significant resistance levels where the price has historically struggled to go higher.
- These levels are typically points where the price reversed in the past or where it has shown a strong reaction.
2. **Confirmation:**
- Once you identify a potential resistance flip level, look for confirmation from other technical indicators or tools such as trendlines, moving averages, or chart patterns.
3. **Monitor Price Action:**
- Pay close attention to how the price behaves as it approaches the resistance level. Look for signs of price rejection, bearish candlestick patterns, or decreasing bullish momentum.
4. **Wait for a Reversal Signal:**
- Wait for a clear reversal signal before taking any action. This could be a bearish engulfing pattern, a shooting star candlestick, or a strong bearish candlestick that closes below the resistance level.
5. **Risk Management:**
- Set a stop-loss order to manage your risk. Place it above the resistance level to protect your position in case the price breaks through.
6. **Target Profits:**
- Identify a target level for taking profits. This could be a nearby support level, the next significant support area, or a predetermined profit target based on your risk-reward ratio.
7. **Consider Fundamental Factors:**
- Take into account any relevant fundamental factors that might impact the market. Economic reports, news events, and other factors can influence price movements.
8. **Practice Patience:**
- Be patient and disciplined in your approach. Not every potential resistance flip will result in a profitable trade. Avoid impulsive decisions and stick to your trading plan.
9. **Risk-Reward Ratio:**
- Ensure that your potential reward justifies the risk you are taking. A favorable risk-reward ratio is essential for long-term trading success.
10. **Keep an Eye on Market Sentiment:**
- Monitor market sentiment through tools like the Commitments of Traders (COT) report or sentiment indicators. This can provide additional insight into the likelihood of a reversal.
Remember that trading always involves risks, and past performance is not indicative of future results. It's essential to continually educate yourself, use proper risk management, and consider seeking advice from experienced traders or financial professionals.
Spot #DGB #DGB is definitely something to keep an eye on. 580 days of accumulation
Currently on resistance , flip here and the next leg up is highly likely.
DGBUSDTHi snipers, nothing is impossible. In the one-day time frame, we see an ascending pattern of cup and handles. Usually, the price rises according to the height of the cup. Of course, due to the upcoming resistances, reaching the goals will take time and be difficult.
DigiByte (DGB) to $1DigiByte made a double bottom and has huge potential. With a 21,000,000,000 max supply this is possible.
DGBUSDT - BULLISH OUTLOOKDGBUSDT is presenting a potential trading opportunity based on a recent price action analysis. In the 1-hour timeframe, a bullish divergence on the RSI signals a potential reversal or continuation of the bullish momentum, indicating a favorable setup for a long position.
Here's a potential trading plan based on this analysis:
Entry: Consider entering a long position at the current market price (CMP) of $0.00745.
Stop Loss (SL): Set the stop loss at $0.00710 to manage potential downside risk.
For take-profit (TP) levels, two options are available based on different risk-reward ratios:
TP 1:1: Aim to exit at = $0.00780.
TP 1:2: Consider exiting at = $0.00815.
This trade plan is designed to capitalize on the observed bullish divergence and potential trend reversal while prudently managing risk through the placement of a stop loss. As with any trading strategy, it's important to stay informed, monitor the trade closely, and be prepared to adjust your approach based on evolving market conditions.
DGB/USDTEURONEXT:DGB wants to break out, potential 158% gain to be made here!
the breakout is very slow motion atm, but hey you can put a SL below the upper white line and take the risk to trade!
GL
Digybite - DailyThese are my Keylevels on Daily for DGB.
Still a byllish trend line but there will be a strong test for DGB.
DGBUSDTHi snipers, nothing is impossible. In the one-day time frame, the price has returned above the long-term downtrend line and the 103-day moving average. There is probably a price drop to the 103-day moving average and a re-growth of the price to high resistances. All analyzes are only possibilities.
DGBUSDT.P - SHORTDGBUSDT is trading in symmetrical triangle pattern and recently, it seems that the Buyers may be getting exhausted as the pair has started to find support within the pattern. Additionally, the current price action is forming a Bearish divergence, which suggests that Sellers may be preparing for a significant downward move.
Will the Bears regain control and push the price Lower?
