DGB
Digibyte DGB short term forecast | -30% to -75% dropBefore we enter the long term bullrun I see a retrace incoming not to far away from now. I did mention that in me previous post. If the green 0.618 holds we see a 30% drop in price for the accumulation zone but if that fails, depending of what BTC is going to do, this level could not hold and could we see a further downward move to -75%. Be aware of that possibility!
Thank you
There is a trading opportunity to buy in DGBUSDTechnical analysis:
. DigiByte/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
. While the RSI downtrend is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.022 to 0.015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.022)
Ending of entry zone (0.015)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.031
TP2= @ 0.037
TP3= @ 0.049
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free
There is a trading opportunity to buy in DGBUSDTechnical analysis:
. DigiByte/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
. While the RSI downtrend is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.022 to 0.015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.022)
Ending of entry zone (0.015)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.031
TP2= @ 0.037
TP3= @ 0.049
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free
DGB RESONATING OCTAVESnext move could fly straight through .50 with no lasting resistance until $6
resonating with the future - digibyte
DigiByte (DGB-BTC) LONG TRADING IDEA - Technical analysis Seems like DGB could have the potential for a big up move, is been oversold on 2 indicators on the daily chart, it also have formed a nice bottom pattern, it could reverse and start a new uptrend of a month or so, destination the upper side of the descending channel formed above. Low volume on the last weeks has dropped the price of this coin lower, but this seems like a great price to buy in order to anticipate the recovery, aif not would be easy to spot soon as is get down to the support levels of 300 sat a possible descending continuation, set your stop loss accordingly.
Entries at around 350 satoshi long with targets at 450 sat and 530 sat.
Hope this will inspire some new ideas, don't forget to hit the like/follow button if you feel like this post was helpful, that's the best way to support us and our work.
Happy trading days
C-Monkeys
DigiByte DGB/USD Rolling Pivots. Big move soon? DGB has a long history, great dev team, it's super fast and as useable today as any coin out there. I add these fundamentals not as shill but because it's a great coin to watch from a historical perspective. What makes it great is that it's more organic in movement than most, an O.G. POW coin that's time tested alongside the likes of BTC and LTC. Sometimes ALT coins can be used as indicators for the market. If you watch DGB you know it's not going away and that often it has systematic movements that can help predict the market. Also its affordable and only on every exchange expect Binnance, which can lead to some non organic growth. Also see Dogecoin now that it's being taken seriously
#DGB #DIGIBYTE #BTC #BITCOIN
$DGB, Tell It Like It Is…
Weekly
Looking at our trend timeframe we see price continuing to respect it’s downtrend, recently rejected at 400 satoshis. DGB now looking for support, momentum in favor of bears. Expecting a drop towards 200, where we’ll be looking for a double bottom formation.
Daily
Shifting over to our pattern timeframe we see DGB at a critical point, with yesterday’s candle left indecisive. Today’s open 372 with a high of 380 an a low of 359. Stochastic RSI showing momentum in favor of bears, a daily close above 375 and expect a push towards the upside, however if rejected and we see a daily close below 360 expect a sell off.
DGB/USD Possible movement..DGB/BTC has broken a trend line which I posted a article on trading view on the 3rd October, DGB/USD looking to breach the $0.0264 resistance and push towards Target 1. RSI looks like we could have been in a oversold market which states we could be reversing. Movement up towards the cloud looks a huge possibility.
DGB/BTC Digibyte possible breakout..Digibyte possible breakout is happening, 50MA is looking towards target 1 400 Sats and will push towards that area, second target is 440 Sats. MACD has crossed and is signalling buying power and Digibyte moves in a different way towards the rest of the market, many runs that Digibyte have had have been where the market is either falling or sideways movement.
$DGB - Loading up and ready to run.$DGB broke over its downtrend resistance and now is fighting a resistance at 400. If it breaks over this we've got a 40% run to the top of the triangle. If it breaks, we drop about 4.5% to the next support. Great R/R
On the 1D things looks great as we're at the bottom of the triangle which has been a long term support since Dec. 2017.
On the 3 Day the Ichimoku cloud has thinned out dramatically.
On the 1 Week we have a Bullish TK Cross
Overall I am bullish on $DGB. If we can break the resistance at 400 sats, I expect us a run hard to the top of the triangle. If the support here breaks, it is only about -4.5% to the next support.
DGB - BTCSee previous period bull runs, DGB always runs fine without BTC price, DGB is a proven coin!
I see 4 date ranges between every run upwards, the first is 111 days, the second 114, the last 2 run ups where around 80, can we do it again and test the resistance line at the price of 5XXSatoshi? which is the R3 Pivot point in the chart. Im laddering buys around lower 3XX SAT price, watch out with a sqeeze under the support line.