Situation 1. Bitcoin holding 8k support and consolidating nicely. 2. DGB MACD bullish convergence developing 3. DGB RSI has plenty of room to move Breakout Scenario (BTC stable or uptrend) 1. Break out of downward channel 2. Test previous resistance around 530sat 3a. Retrace to channel support (previous resistance). Resume upward movement. 3b. Break 530sat. Run...
Event: May 31st - Masternode Breakout Close above resistance (1000sat). Trend to target based on previous bull pattern leading up to May 31st. Breakdown Rejection from resistance (1000sat) may cause test of MA
EBIO surged up at the opening bell through previous resistance. If bulls take over, targets are ~3.32,3.48, and new highs. if bears take control, looking to retest support levels on MA50/100
Coming of the double bottom at 466 DGB looks to test resistance at 529. Closing above 529 on volume would signal continuation of the uptrend; targets at 570 and 590. If resistance can not be broken, look for support at the 50/100 MA levels. The previous pullback touched the 100 MA. Events May 11 - Release of Digi-Id. GitHub repo, documentation and integration...
Digibyte RSI reaching a decision point. MACD is turning, but as with all ALTS, the state of BTC will play a major role. If BTC stablizes in a trading zone, look for DGB to resume the climb. If BTC continues to fall, expect DGB to bleed down to next support. This week Digi-ID will be released. Given the growning DGB community, overall bullish sentiment and...
Possible scenarios for digibyte in the next 24 hours. Waiting on BTC to decide on steady rise/fall or follow more stochastic pattern.