DIGIBYTE: MARKET RECOVERY & EXCHANGE LISTINGS - PROFIT = 25.95%!Our "Crypto Bottom" Trading Indicato r has correctly identified a buy in point on the 14th of August 2018 .
Using this buy in point and selling at today's peak price as identified, you would have expected to net 25.95% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Abra -21.05% the first and only all-in-one app adds Digibyte to its app ( Abra -21.05% -4.76% is an app that allows users to buy, sell and store over 20 cryptocurrencies and 50 legal currencies)
April 4: OkCoin (Korean cryptocurrency exchange) adds support for Digibyte.
April 6: Exodus Wallet adds Digibyte support.
April 14: Proposal that Digibyte will fund David Hay's Cúcuta humanitarian project.
April 18: South African cryptocurrency exchange Artis Turba adds Digibyte to its list of tradeable cryptocurrencies.
April 25: Digibyte releases their Android wallet.
April 25: Digibyte officially announces Digi-ID (integrated with their wallets). This is a DigiByte Blockchain-powered authentication service that can be used to replace username & password combinations and even 2FA. This allows users to register and login to any website or webshop with a single click or QR code scan.
April 26: Digibyte announces their IOS wallet (beta).
April 30: CryptoLark (Youtube Personality) has interview with Jared Tate (founder and creator of Digibyte). This has generated publicity for the cryptocurrency.
May 4: Okcoin (Korean exchange) lists Digibyte.
May 7: DigiByte annnounces that is now ready for cross-blockchain The Blocknet (The Blocknet orchestrates dapps and smart contracts into a "token ecosystem" via blockchain routing & decentralized exchange).
May 31: The NASDAQ for encourages investors to look at the DigiByte via their article: "20 Cryptocurrencies to bet the house on".
June 4: Digibyte gets mentioned in a Techcrunch article.
June 5: DX 0.78% -0.16% 0.08% .Exchange adds Digibyte.
June 5: Guarda announces support for Digibyte.
June 6: Livecoin (cryptocurrency exchange) adds the following Digibyte trading pairs: DGB/ETH, DGB/USD and DGB/EUR.
June 6: Digibyte announces that Digiwallet RC7 (Android) has an 86% adoption rate and is 100% crash free.
June 7: Jaxx wallet announces support for Digibyte.
June 11: Instaswap lists Digibyte.
June 14: Maple Exchange lists Digibyte.
June 18: ezBtc Exchange lists Digibyte.
June 21: LINDA mobile/web wallet adds support for Digibyte.
June 22: OOOBTC Exchange announces that it will list Digibyte on the 25th of June.
June 22: Changenow Exchange lists Digibyte.
June 23: Digibyte adds the possibility of a proof of stake function to Digibyte.
June 27: Digibyte gets added to the Atomic Wallet. This allows users to access the Atomic Swap Decentralized Exchange.
June 27: Vertpig exchange lists Digibyte.
July 10: Digibyte's official android wallet is released.
July 10: Jaxx lists Digibyte.
July 10: Leading payments solution platform UTRUST has announced a technology integration with Digibyte.
July 13: Cryptopia lists Digbyte.
July 13: Abra -21.05% announces that it enables purchases of Digibyte using Visa or Mastercard in over 30 countries.
July 17: Bitbox (an exchange that uses the LINE app) lists Digibyte.
July 18: Bittrex lists Digibyte.
July 19: Huobi lists Digibyte.
August 4: Bitsten adds Digibyte.
August 8: Coindirect adds Digibyte.
August 11: Jaxx Wallet integrates Digibyte.
The positive developments have led to the increase in demand for and hence the price as well as the general recovery in the crypto markets.
***The "Crypto Bottom" crypto trading indicator used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)***
DGB
Digibyte Short and Long Options...Digibyte currently in a trading range, a break either way will dictate the direction for the next week or so, a daily candle close above $0.28 will see us retest $0.031 but a candle close below $0.024 could see us retest $0.020.. I am very bullish on Digibyte longterm and believe we could be seeing a $0.75 token for sure in a few years..
There is a great opportunity to buy in DGBUSDTechnical analysis:
. DigiByte/Dollar is in a downtrend 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 35.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.023 to 0.011). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.023)
Ending of entry zone (0.011)
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 great opportunity to buy in DGBUSDTechnical analysis:
. DigiByte/Dollar is in a downtrend and the resumption of the uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.023 to 0.011). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.023)
Ending of entry zone (0.011)
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 DigiByte Sliding Scale - MAP This course map , can slide to scale as seen in video. Its interactive and flexible to the current price movement. These lines can act as trend lines, cross-ups , cross-downs, support and resistance. Right now we see DGBBTC recovering from an oversell. Alt-coins are taking a hit and if you notice, the good ones are rising to the top. DigiByte has great tech, use cases, and a strong community. I expect that funds will filter back into the long running, tried and true coins.
This is an opinion based on my insight and is not investment advice . Please do your own research.
DigiByte LONG term Multi-Algo and price movementUsing fundamentals, historial time vs price, math, and geometric coordinates to predict price movement.
Coins with a long standing history have a great chance to grow exponentially. DGB is a great asset in terms of security, speed and community support.
My opinion and for educational purposes. Please do your own research.
Ready for Happy Hour?In my previous post you could see IF or WHEN DGB will repeat it self, now we follow the hourly trend downwards in the descending triangle.
RSI is weak, volume is weak... which could all result in a great buying opportunity! Buy 1 DGB and get 2!
BTC is the market leader, if that is weak... the rest is weak IMO. It appear BTC is testing the 5,9k - 6.0k range now, if it breaks... brace for impact due to the lack of underlaying volume.
That could result in us touching the orange buy box to stack up our pile of DGB.
Let's see what the weekend market wil bring us.
Trade SAFE and don't FOMO!
/M
DGBUSD Double bottomFound this textbook double bottom for the DGBUSD pair. Additionally, it seems it also completing a C&H pattern. (cup and handle) If the trend continues, a target close to 8 cents is in the cards. This pattern is cancelled if it drops below already marked support line.
**NOTE** I am not an experienced trader. I am an investor learning TA. So please, take it easy on me.
**DO NOT use my published ideas for making decisions.
Recommendations are welcomed, trolls are ignored.
$DGB - DigiByte next 4 weeks.DGB-BTC Buy on the bottom and hold. best coin for portfolio.
Buy : 440-460
Sell : +600-800
Profit : +30-60%
The Quest for more volumeVolume, volume... volume! That is what we need at the moment, the small buy or sell orders control the markets now. The believe has to get back in to crypto, that is also visible in BTC at the moment. The contracts make it so volatile, it is not possible for the average Joe to trade or to build up a nice investment.
Let's hope we hold this level of support... but judging by the overall market we might end up we a new buying opportunity to gain some more DGB.
Safe trading and don't FOMO!
/M
The DGB Reversal!DGB has been up and down over the last few weeks making it exciting for short traders - and terrible for long positions.
BTC has started to move in a more positive direction and we have seen DGB move in reaction to what BTC is doing.
Yesterday we hit 468 before bouncing up - today it looks like 450.
DBG will hit 500 again with or without BTC help. This is an excellent time to take a buy positions.
DGB Falling Wedge2 Scenario's Expected
1. A rebounce from the support at around 460 sats and started an elliottwaves upward reversal trend.
2 . Closes below the support at around 460 sats and continue further its continuation pattern.
RSI : 41.2168
Below the 9 DEMA.
Entry Level : 452 sats - 470 sats
Possible Targets :
T1 : 504 sats
T2 : 532 sats
T3 : 554 sats
T4 : 577 sats
T5 : 609 sats
StopLoss : 406 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
$DGB, Dip Then Moon
Weekly
Looking at our trend timeframe we see price broke out of its double bottom and was rejected at 625 satoshis, stochastic rsi showing momentum remains in favor of bulls. Although momentum is heading towards the upside, we may have temporarily peaked and should be expecting some consolidation at this level on the smaller timeframes before heading to the moon.
Shifting over to our pattern timeframe we see price formed a lower high at our 550 level and has since continued to push towards the downside. Support levels at 450 400 and 350, expecting a drop towards our 350 level leaving us with a double bottom in this zone. A daily close above 500 activates our trade, or a bounce off 350.
The Quest for a cup of tea at .618?Digibyte... the road to .618 for a cup of tea?
Almost sounds like a magic quest for a treasure to be found. The obstacles to overcome is the poor volume in the overal market at the moment, there is a lack of confidence in the current crypto market in general.
Slowly but steadly we are following the wedge to meet the magical .618 of the previous all time high. The two double bottoms and a possible cup & handle forming could result in a even bigger Quest to meet the .5 level at around 8 cents. The centiment & the volume have to increase in order to follow to road to 64% possible gain of the C&H pattern. Still staying sceptical at the moment, Digibyte seems to follow the big daddy Bitcoin. If this a bull run in bitcoin to meet possibly 8K I could see this quest for 8 cents getting a better chance of succes. If we are ending up in a down trend, the C&H pattern is not confirmed and it is brace for impact to meet possibly the black line again.
Feel free to comment, this being my first attempt publishing here on Tradingview.com
Cheers!
DGB/BTC: EOY 18 - BOY 19, Bull RunWhile BTC makes up its mind this year I believe alts will do some more accumulation and consolidation before they make heavy gains against BTC. Also, October timeframe is interesting as that is the last month for U.S. IRS tax extensions to be paid. Everybody who was going to sell should have already sold. Those who have been buying from those sellers should have had enough time to accumulate. Things should be primed for a pump around that time. Just a thought, but see the DGB/BTC chart for further details.
DGB/BTC - 6 Month Trade, Min 1000 Sat TargetExpanding upon my last long term idea, DGB/BTC looks great on the monthly. You can see it is forming a larger ascending triangle. There have usually been 1-2 months of green candles, followed by 1-2 months of red candles. The next month could be red or green, but then followed by one last red IMO. After that, all systems go.
There is a lot of talk about BTC going to 100K and Digibyte possibly reaching $1. This theory allows for both to happen simultaneously. I would try to buy DGB/BTC on the trend line if you are patient enough. After this past month being such a profitable month, chances are we will eventually have another corrective month before launch time.
This also goes along well with my theory about the end of summer/beginning of fall being the start of the next cycle for cryptos. (U.S. tax extensions in October, ETF decision delays, etc.)
DYOR and take it for what it's worth. I am currently invested in DGB and have a bullish bias for the project and its future growth.