DGB breaking out of pennant?DGB is consolidating into an pennant for 4 weeks now with weakening volume and is almost ready to breakout.
If price goes above the red trendline with large volume, it can confirm a continuation to the upside.
DGBBTC
Digibyte current scenarioDigibyte 2 possible scenarios:
1) breake above descending triangle
2) breake below descending triangle
Notes:
1 - We have strong support at 175 sats (green line - 50 days uptrend)
2 - We have strong resistance at 55 RSI (yellow line) + 185 sats
3 - Neutral MACD
The next hours will be very important to decide the next dgb movements
DGB/BTC - WEEKLY E2EActivated E2E trade
1. Chikou Bullish
2. TK Cross Bullish
3. Entry into the cloud
Trade Setup
Entry 1: 182 - R of 6
Entry 2: 162 - R of 11.9
SL: 138
TP: 448
Expect to be patient as this is a weekly chart!
Trade, Chart, Learn, Repeat
ACG
Digibyte 4h Chart UPDATEDigiByte 4h Chart UPDATE:
1 - The prior chart still valid! I'm just detailing my vision.
2 - We can see 28 days RSI resistance (yellow line).
3 - To view a great movement, DGB need break above 60 RSI.
4 - Possibility to complete an inverted head and shoulders.
If you enjoyed this update, please leave your like!
Cheers
Bullish Flag Formation BREAK OUTDigiByte 4h Chart UPDATE:
1 - The prior chart was confirmed! Moved exactly as I predicted!
2 - DGB breakout the 9 days FLAG.
3 - Strong resistance at 185 / 220 sats
4 - TARGET: 255 sats
If you enjoyed this update, please leave your like!
Cheers!
Bullish Flag Formation (4h chart)The prior chart still valid! I'm just improving the vision.
1 - We didn't seen any flag breakout yet.
2 - EMA 50 / 200 didn't cross (very bullish signal).
3 - Green line = 45 days uptrend.
4 - Break above the ORANGE line = BULLISH signal
5 - Break below the green line = BREARISH signal
6 - First support - red line
7 - Second and strongest support - green line
Do you like my charts? Please leave your like!
Cheers.
#DGB SECOND UPROUND BY JUNE15 ,IIIRD BY JAN 2021 & TEST 2000 SATIN DAILY CHART 21 SMA EXPECTED TO TOUCH 200 SMA DOWNWARD AT AND AROUND 150 AND 160 SAT BY 15 JUNE IT IS MARKED IN MAIN CHART BY YELLOW SQUARE AND AT DIVERGENCE CHART AS WELL BY VERTICAL LINE. THEREFROM IT WILL TAKE SECOND ROUND OF UPWARD MOVEMENT TILL IT REACHES AROUND 500 SAT AND THEREAFTER IT WILL BOOM IN JAN MID 2021 TO MOON MAY CROSS 2000 SAT ALSO.
Bullish Flag Formation (4h chart)As I said in my preview post, "we have a possibility of bullish flag formation, if DGB breaks below 210 (under pennant), but hold above red/orange line."
Now, we have a bullish flag formation.
If candle close above 215, DGB will turn bullish.
If candle close under 185, DGB will turn bearish.
Support at 190 (EMA 200 + flag bottom).
EMA 50 / 200 didn't cross (very bullish signal).
Very strong resistance RSI at 60, DGB will need a large volume to break that level.
I hope you enjoy this update.
Digibyte 4h UpdateAs I said in my preview post, we have a strong RSI resistance at 60 level and other strong resistance at 220 sats (both were clearly marked on the chart).
If Digibyte breaks these two resistances, a big upward movement will be expected.
1 - EMA 50 / 200 didn't cross (very bullish signal)
2 - Pennant formation
2 - MACD going up
3 - RSI fighting to break the resistance (+-60)
4 - Support at 190 sats.
If Digibyte climb above 225 sats (candle closing above 225 sats), a great upward movement is expected (uptrend reversal)
Digibyte 4h Chart1 - EMA 50 / 200 didn't cross (very bullish signal)
2 - MACD going up
3 - RSI fighting to break the resistance (+-60)
3 - I believe that we can have a retest on the downtrend parallel channel (marked in green)
Support at +- 200 sats.
If Digibyte retest the parallel channel and climb above 220 sats, a great upward movement is expected (uptrend reversal)
DigiByteDGBBTC
I don’t know how many people are in this coin, but I want to warn that the situation may continue by breaking the support line of this triangle. Be careful
I see first stop at the green box
Best regards EXCAVO
I hope I'm wrong - H&S on a 4hr $dbgI hope that I'm wrong, but it looks like we have head & shoulders forming on a 4hr $dgb. We've had some phenomenal support at 200sats, but unfortunately that looks to be over.
Does It Want To Slow Down? (DGB)Digibyte has been a fun one!! 😁💲💲💲💲
Got some green sitting around 2 cent range as it tries to hold its ground, not concerned yet.
Still holding onto this position.
I'll consider exit on 3 day movement.
DGB/BTC (Strong Bullish Uptrend)DGB/BTC
-cross ultimate indicator signal Long priority
-a strong breakout above multiple local resistances
-very clear market change to an uptrend
-next upside target is 325s
-if immediate support at 181s will hold
-we might see another leg up
-currently, daily consolidation is on the way
DGB Buying opportunity before next big move!---This information is not a trading advice. It is for educational purposes only---
Buying opportunity before Big Pump. Long term targets 880ish, 2600ish, 4200ish.
Digibyte Next Move is going explosiveI have an idea about Digibyte. The 100 EMA is a possible buying zone which is highlight by Yellow Boxes. But keep in mind Stop Loss should be below the white line and just above 200 EMA on 4 HR timeframe.
Possibility of inverted head and shouldersIf that pattern forms, will be beautiful!
Target (if the pattern is completed): 330sats
