DGB DIGIBYTE About To Run 500% BULLISH DIVERGENCE RSI+MACD $.042Digibyte has corrected more than 90% since its high at 18 cents. I think DGB has hit its bottom and is about to explode. There is 3 drives of Bullish divergence on the RSI and MACD going all the way back to January on the daily. I think $.042 cents will be the shorter term target with potential longer term targets much higher if we break past resistance there. A wick to about 5 cents is easily possible as well. Don't forget DGB is one of the only actually decentralized, longest running, advanced POW coins out there with privacy features, and is 40x faster than bitcoin. Its mining is super efficient and can be mined with 5 different methods, making it possible for more people to mine with their rigs. Digibyte came out in early 2014 and DGB break in has just finished, its time for it to shine. The world will realize how important POW is once they see what happens with ETH POS. Digibyte has done amazing work over the years and even all through this massive multi year bear market it has been in. I would say that DGB is in an accumulation zone now and wont go much lower if at all lower. In a perfect world it would be BTC, LTC, DGB as the main 3, for everything! This is not financial or trading advice this is just my opinions and speculations.
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BULLISH DIVERGENCE ON THE MACD:
BULLISH DIVERGENCE ON RSI:
VOLATILITY INCREASING ON BBWP:
SUPPORT AND RESISTANCE ON THE 4 HOUR:
DGB
LUNA CLASSIC > DIGIBYTE POSSIBLE FRACTAL, TOTAL SLAUGHTER!LUNA CLASSIC AND DGB DIGIBYTE HAVE A SIMILAR FRACTAL
Back in early 2021 the hype for Digibyte was huge. There were so many videos, you-tubers, articles, Trading View popularity for DGB and what happened? it correct more than 90% from its hype high. Yes I understand that DGB doesn't have a burning deflationary mechanism but the emotion is still there. Im not saying that this will happen with Luna I am just pointing out the possibility. No one thought DGB would drop back down to under a penny when it was at $.18 cents or even 10 cents or even 5 cents, the true believers, the hardcore DGB fans, diehards, kept on with the positive news and sentiment as long as they could. Then they couldn't anymore, and the hardcore fans and true believers sold, then the diehard investors sold. What if the burns for Luna dont go as planned and they have to postpone them, or they are nowhere near what everyone has hyped them up to be? Need to be mindful that this type of hype and fomo usually leads to serious disappointment and depression once its over, and everyone comes back down to earth. Luna went up a lot and in quite a short period of time from its low, and from my experience in this market is, if it goes straight up then it usually comes straight down unless there is some real world adoption, or white swan (my opposite version of black swan). For now there is no real world adoption, the chain is working but is still in the break in period and need lots of work to regain investors trust. Most investors wouldn't touch Luna with a ten foot pole, especially big money, after that collapse and the USDC still un-pegged. I also don't think the burns on trading transactions on exchanges will ever happen, at least not on high volume exchanges, maybe some no name exchange will do it to get in the news. Its too much of a loss for the exchange and no trader with half a brain would bother to trade it with that type of tax. You cant strong arm exchanges and boycott them for not complying with the requests from Luna, its just a bad look. People need to be realistic and patient. Why not focus on real world implementation instead of yelling at everyone to burn the coins, that would really bring the price up as well. Either way Ill be trading this all the way down or if we're lucky all the way up.
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THIS IS NOT TRADING OR FINANCIAL ADVICE THIS IS JUST MY OPINIONS, SPECULATIONS, AND WHAT I AM DOING. THANK YOU FOR YOUR SUPPORT, I HOPE YOU ALL HAVE A WONDERFUL DAY.
LUNA TERRA CLASSIC USD CUP & HANDLE BULLISH MOVE TARGET $.00054LUNA has formed a cup and handle after its bounce from the death drop. There has been some serious interest in LUNA CLASSIC these day by big whales. Wallet activity shows a lot of accumulation and some by big wallets. One wallet has been accumulating large amounts and depositing it into a wallet owned by Binance? This is a direct copy and paste from part of the article.
This wallet accumulated around 8.5 billion #LUNC and dumped it all into the 2.6T wallet that I hear belongs to Binance. After dumping that it has since started accumulating again and is currently holding over 700M. Is this Binance loading up??🤔🤔Although it was not confirmed whether the receiving address belongs to Binance, the exchange’s CEO CZ confirmed a few days ago that a burn is necessary. This might point towards better times ahead for LUNC if its supply reduces significantly courtesy of a token burn.LUNC has other things going for it. For example, outflows from its supply held by whales bottomed out at 43.57% on 12 June and increased to 43.78% by press time.
This confirms that whales have been buying LUNC in the last three days, thus the bullish pressure build-up. In fact, the volume also saw a significant increase over the last 24 hours of 15 July.
Now just imagine this for a second. Imagine CZ who is salty about losing billions from Luna crash is actually buying up the excess trillions and then BAAM he makes a post and says I'm going to burn 4 trillion coins in one day. Imagine the hype around that and the respect from the LUNA community he would get if he did something like that. He would also probably make many more billions in profits than he lost if he did that. Then the consistent burn of 1.2% and LUNA could easily see $.10 in the nearer term and single digit dollars over the longer term and then perhaps way down the road when LUNA has redistributed and gone through its boom and bust cycles and the burns have brought supply back down to the hundreds of millions or billions LUNA could see double digits and triple digits. Sure this is all hypothetical but thats how big money is made when you go from a hundred dollar investment to a millionaire. Don't think its possible, go talk to some of the DOGE millionaires and SHIB etc. There is tons of them. Anyways I wish you all the best of luck. LUNA for me is a no brainer. I'm loading up. This is not financial advice this is just my opinion. Thank you
Digibyte DGB to 30 cents?!I've been wrong before, but Digibyte currently in a falling wedge pattern. If the pattern breaks down, it would not make sense as target will be less than 0. Let me know your leveraging plans. If we hit the original trend, thats a 30X from and 300X on 10 times leverage. Got fully liquidated, worked on my craft to make some $ back and risk it all again until it works. I think prices will go parabolic, we must set sell orders.
DGB testing bottom of log channel & threatening a h&s breakdownNot financial advice but I’m accumulating small amounts of digibyte in this zone because although its totally possible we can breakdown from the rising channel DGB has been in on the log chart I think its more likely we continue to stay in the channel for longer. Also the head and shoulder target while very possible currently seems like the lesser probability than continuing to bounce up from the wedge. Of course if bitcoin decides to test 14k we may indeed see this h&s breakdown and reach its full target but for now I think a fakeout and then a rebound back up is the slightly more probable scenario. Because of that I’m willing to accumulate a small amount here at the support of the bottom trendline of the channel in hopes it will do some sort of bounce. Market looks very bleak, fear and greed has been setting new records but I’ve always held the strategy that that’s the best time to be be buying so I’m going to do so but very cautiously and very meager amounts. If it doesn’t pan out no big loss. *not financial advice*
Long DGB/USDT x10Risky trade , applied leverage of up to 10 and looking at capitalizing on a possible upward movement in the DGB
Long DGB/USDT x10
➡️Entry: 0.01184
✅Targets: 0.01212(50%) - 0.01245(25%) - 0.01279(25%)
❌SL: 0.01149
DigiByte Ready To Move Next (40-60% Easy Targets)Consolidation has been taking place on the DGBBTC pair and it seems that today is a great day to see this pair grow.
Everything looks ready...
With BTC and the major USDT altcoins trying to consolidate or retrace, the Bitcoin pairings can use this break to move ahead.
Namaste.
DigiByte Enters Accumulation Phase (200%+ Potential Profits)Looking at DigiByte (DGBUSDT) we can see high volume 12-May, high volume 7-June and high volume yesterday, 16-July.
Yesterday's price action is very telling.
We have strong bear volume yet prices remain above EMA10.
When we see a pair trading near support with high volume yet its price remain ranging, this tells us that this pair is in the accumulation phase.
What follows the accumulation phase is a breakout...
Namaste.
DGB DIGIBYTE USD : MASSIVE BULL FLAG BREAKOUT 60x IMMINENT $.50 PLEASE FOLLOW, AND LIKE IF YOU APPRECIATE THIS CONTENT. COMMENT BELOW AND LET ME KNOW WHAT YOU THINK, I APPRECIATE ALL PERSPECTIVES / COMMENTS AND REPLY TO ALL. THANK YOU
DIGIBYTE has been in the massive macro bull flag style correction over the past couple of years. It reached its end I believe with its sixth touch and a breakout of the flag is imminent. A measured move of the flag pole would bring Digibyte to a price of about $.50 cents before a major correction back down to previous highs and then an even more parabolic run to double digit dollars is possible.
I don't know what news will come out for these runs to happen but I think something is in the works for Digibyte. Digibyte has some serious real world use, and The team hasn't stopped since I got into it back in the summer of 2015. Digibyte has one of the hardest working teams in the space, and its awesome community is unmatched in my opinion.
This is not financial or trading advice this is just my opinion. Thank you and good luck out there my friends.
DigiByte vs Bitcoin Updated (What Happens To Those Who Hold?)We were expecting a drop to around 40 sats or the 0.618 Fib. retracement level for DGBBTC.
It hasn't happen which doesn't mean it won't happen but since it isn't happening something else is likely to happen.
As long as DGBBTC stays trading above EMA50 the probabilities are in favor of a new high happening...
But we still have the 40 sats level as immediate support.
Here we are mapping 70 to 81-sats as target but there can surely be more.
Whatever happens, DigiByte has been with us since the beginning and is likely to stay with us for the long-run.
Good things happen for those who buy and hold.
Namaste.
Quite solid ressistance on 0.0095$Hi traders,
I'm just letting you know that I'm placing tight stop loss on DGB, seems to me 0.00950 is solid ressistance, it may be broken and then explode, but I'd rather save myself from bounce downward from it.
Trade safe,
Always do your own research and learning.
Digibyte, possible uptrend?Hello fellow traders,
Not gonna lie, I'm big fan of Digibyte, huge network, one of the fastest ones, along with XRP it actually could have some use in real world, but that rarely plays a role in crypto culture considering folks buy these dog coins.
I think this formation you see could be seen as Inverse Head And Shoulders pattern.
They're rarely perfect so you can see it's a bit angled, but along with symmetrical triangle that got created I think I'll take a shot and put my entry if it breaks above yellow line.
Symmetrical triangle if you connect highs and lows, you'll get the pattern, symmetrical triangle can be both bearish and bullish, however we gotta look at volume. You can see that volume is much higher when coin's doing an short term uptrend in comparison with short term downtrends.
So if you'll consider entering take care of breaking yellow line and that it's broken with solid volume.
Trade safe guys,
This is just an idea, far from financial advice.
Always do your own research and learning.
If you like the idea, hit that follow button for occassionally more ideas.
DigiByte Higher Low Mapped (Next Target +75%)Right now we can see DGBBTC trading above EMA50; this is the main support.
From this level DGBBTC can move up but further correction is more likely/possible.
On a further drop, we are mapping where support will be found.
We say a range between 37 and 40 satoshis (0.00000037 - 0.00000040).
From here, a higher high to follow.
You can see additional details on the chart.
Higher potential for growth when we consider the long-term.
The 75% is only short/mid-term.
Namaste.