Digibyte - DGB - just made 100% in 2 weeks!

Hi Guys!
As we described this coin 3 months ago in our analysis
“DIGIBYTE (DGB) - 3100% Earnings Possible” – Seriously we have finally a massive break out. 100 % in just 2 weeks and this is not the end of the story as we still have no supply and lots of demand.

Guys Digibyte is a great project.
So short summary of what actually is.

This is the most decentralized cryptocurrency in the world - 190 000 nodes.
5 mining algorythms.
Real-time diffiuclty adjustment.
15 second block time. We tested the speed of the transfer - From exchange to cold wallet less than 30 seconds.
560 transactions per second.
Strong team with strong leader - Jared Tate hk.linkedin.com/in/jaredctate
Many exchanges where you can buy DGB (Poloniex, Bittrex, OKEX, Cryptopia and many more).
Faster, cheaper than BTC , BTCcash, Litecoin - steemit.com/cryptocurrency/@ylarun/comparison-between-bitcoin-btc-bitcoin-cash-bch-litecoin-ltc-and-digibyte-dgb

Technical analysis details:

Double bottom formation observed
Just crossed 0,5 at Fibonacci extension
MACD – very positive, strong trend with triple bottom
Wave – lots of demand and no supply so far
CMF - Chaikin Money Flow - very high demand on price

Fibonacci scale:

1. 0.00000400 (achieved)
2. 0.00000510 (achieved)
3. 0.00000599 (achieved)
4. 0.00000687
5. 0.00000813
6. 0.00000974

We may expect to have higher levels as those back in June 2017 when DGB obtained 2500 satoshi.
Waiting so long for such levels may take time and it is very risky but may pay off.
For the tim e being observe Weis Waves and level of 800st.
We will post update regarding this trade.

What do you thinks guys? Please do share your thoughts in the comment section.

Thank you for reading this! Don’t forget to follow and like. :)

Hugs!
Your WBM Team

Note

Fibonacci scale

Note

Gann Fan. Observe till we cross 1/2 and 1/1 level. We are still in bull run mode.

Note

Guys after 5 Waves we have right now correction. Reload or buy at arund 500st

Note

If you want more confirmations use Gann Fan.According to theory we should wait till 2/1 level is broken but crypto is so volatile we would wait for the confirmation of the uptrend when 1/2 max 1/1 are borken tradingview.com/chart/puuGt05z/

Note

tradingview.com/chart/puuGt05z/

Note

Here is another option. Bounce off grom 500st and possiblity of double bottom forming.

Note

*550st

Note

To sum up. Key levels are now 550st and 500st. Once we break 550 for good we should bounce off from 500st.

Note

We broke 550 st. Next stop at 500st

Note

Stay vigilant. Within next 4 hours we can have sell signal (crossing 1/1). Moreover we can now observe smaller green wave on Weis chart.

Note

Guys according to Gann Fann we crossed 1/1 level. Chart also has crossed Tenkansen line. This means take profit! We don't have much volume now and very small supply. There is a room for another rise but for your safety take profit now. Once situtation will clear up we will make another analysis.

Note

WBM_Team

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.