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DGB

DGB More up to go?What up people, first post in a while but thought I'd share my thoughts on DGB. I will start by saying I do hodl DGB so am longterm bullish BUT I am also down to my core with longs closed at 650stats...and if you've seen my Bounce Play you Shouldn't Miss Again post you would have been long along with me in a bunch of your favorite alts when BTC tanked to the 5800-5900 levels AND taken a lot of profits after the 3rd wave which could easily be C of ABC rebound before more downtrend. This ambiguity of whether we have put in waves 1-3 or an ABC is why I have the 1-5 subwaves labeled but not the larger picture. Assuming we are on a 4th wave I doubt that it is complete even though what I have labeled as the A can be counted as a completed ABC. The reason I discount that is because it happened so quickly. However it did bounce perfectly off the 61.8% retrace of the 3rd wave AND the 38% retrace from swing low to swing high of the entire move off the bottom (Green Line) so it is definitely possible that 4 is in. IF that were a completed wave 4 then we are putting in the 5 now and can expect a slightly higher high than wave 3 before a retrace to and through these levels again imo. The scenario I put on the chart is that we have started the C down and will reach down towards the 500sat level between those 2 golden lines signifying key fib levels corresponding to 78.6% of wave 3 and 50% retrace of entire move up. if this area is reached, I expect a strong reaction and the start of wave 5. There is of course the most bearish case in which we have put in our ABC off the bottom and are now going to put in a new low as BTC takes the market down with it should it break support around 6150-6000. That would make the red labeled ABC the 1-2-3 waves of the next impulse down (maybe subwaves of 1 of 5 if BTC takes a real dive to the 4900 level many are looking for. Hope the options I have laid out for DGB help you along in your own due diligence. I have limit orders in at my golden box with stops just below at top of first 5 waves up so great RR. Not saying you should be doing same, just saying I am ;). IMO, we bounce there even in my bearish scenario, will just have to be quicker in taking profit is all. GL
DLong
by BullWick
4
DGB Target 685 SatoshiGreat quick trade for those looking to take profit I would keep my eye on this coin. Great technology | Decentralized | New Marketing Announcement | Mobile Wallets | Lots of coins are discounted right now, take advantage. Trade Active @ 543 satoshi This is a LONG position for me. Confirmation of break out above .328 neckline of #InverseHeadAndShoulders DGB is a great project and is finally getting some Marketing. www.reddit.com What makes DigiByte More Secure? Global Decentralization The DigiByte blockchain is spread over a 100,000+ servers, computers, phones, and nodes worldwide. 5 Mining Algorithms DigiByte uses five secure and advanced 0.00% cryptographic mining algorithms to prevent mining centralization compared to single algorithm blockchains. Advanced 0.00% Difficulty Stability Difficulty adjustments protect a blockchain from several forms of malicious attacks. By creating and implementing DigiShield & MultiShield, DigiByte has the most advanced 0.00% difficulty stability of any blockchain in the world today. Tip jar below if you feel so inclined. Happy Trading DGB DK9Y9ucKwn7t1n31scBkvzcM8ithE6V2as LTC LNhSfV6txD1y5W7G93wess9mNvPZFxrkDH
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by VestureofLight
DigiByte Rejecting Support - What Next?Recently DigiByte found the support at 88.6% Fibonacci retracement. It has been trading there for 4 consecutive days, and although it tried to break below, daily close always stayed above that level. At the same time DGB/USD reached the bottom of the descending channel and for the past 4 days price has been steadily moving up. Now DigiByte is approaching the 88.6% Fib resistance, that corresponds to the upper trendline of the descending channel as well as 50 Moving Average.  So, the $0.027 could be the key resistance level that could help to determine further price direction. Break above should result in the uptrend continuation, although the corrective move down first is likely. But on the other hand if resistance is rejected, DGB cold move down towards $0.02 support to form a double bottom and potentially even lower.
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by CryptoPAMM
DigiByte vs Bitcoin Uptrend ContinuationDuring the past few weeks, Digibyte has been one of the top gainers. After it found the support at 296 satoshis, which is 76.4% Fibonacci retracement level, price jumped up to 685 stoshis and has managed to outperform the Bitcoin by 130%.  Current small correction resulted in a drop towards 540 satoshis, where price found the support at 38.2% Fibs, also rejected cleanly so far. It DGB/BTC stays above that level, without daily close below, the uptrend continuation should take place.  Next upside target is seen at 786 satoshis, the level which previously acted as the resistance level on two occasions. Break above that resistance might suggest a potential trend reversal sending price to the new all-time high. Nevertheless, if the current support at 540 sats will be broken a stronger corrective wave down should be expected, which should provide a good medium term buying opportunity.
DLong
by CryptoPAMM
2
DigiByte Key Support/ResistanceOn the 6th of November, DigiByte did hit the low at $0.022, where it rejected the 88.6% Fibonacci retracement level. Since then price price went down again, producing spikes below the previous low. However no clear break and close below has been established by DGB. The interesting fact is that DGB/USD is once again tested this level yesterday, and it has been rejected cleanly. Nevertheless, there is also a resistance established at $0.032, where the downtrend trendline has been rejected. If the support will hold and price will break and close above the $0.038, the change in trend could take place, where DigiGyte could produce a new all-time high. The very strong resistance is seen at $0.185 area, confirmed by the two Fibonacci retracement levels. On the downside, it seem that break and close below $0.016 could invalidate the potential reversal and the downside pressure would become much more obvious.
BITTREX:DGBUSDLong
by CryptoPAMM
DigiByte VS Bitcoin Uptrend ContinuesOn the 24th of June, DigiByte has found the support at 296 satoshis. This is the level of 76.4% Fibonacci retracement, that was rejected cleanly. After rejection, price went up and broke above the 50 Moving Average, suggesting the continuation of the uptrend. On a small corrective wave down DGB/USD found the support at 50% Fibs, that was rejected along with the 50 Moving Average and the uptrend trendline. It seems the timing for the buying opportunity is great, although it could be better to wait for the break above the recent high at 419 satoshis. When/if that happens, price is likely to increase towards the 61.8% Fibonacci resistance level located at 600 satoshis. This could be a potential growth of 50%, which could have just started.
DLong
by CryptoPAMM
1