DGBBTC
Whats next for Digibyte? 3 scenarios:Digibyte broke out of the long term descending triangle (in black) retested the downwards resistance line and became bullish, now what?
3 scenarios:
Green: Ultra Bullish.
Blue: medium bullish.
Red: A little bit bullish but later.
In the most bullish scenario painted in green, Digibyte will bounce of the green support line around 200 / 210 inside the green circle and make it’s way up to 0.00000314 resistance which seems to have played a role since 2017.
RSI has room to the upside and could potentially support this move.
(Remember Digibyte made a massive move and might need a breather to let the 200MA catchup, make risky trades smaller)
In a more moderate scenario painted in blue, Digibyte might fall back to the blue support line at 0.00000160, which seem to have bin significant all the way back till 2015, and then bounce off it to continue it’s uptrend.
This move might meet with the 200MA on the 4h to form support for the uptrend.
The slow grind scenario would be the one painted in red.
If we lose the support of the green uptrend, as well as the blue age old support line and the 200MA we might bounce of the red uptrend line that originated from the capitulation within the black triangle and the retest of the black resistance line of the triangle.
Keep an eye on these areas and plan your trades wisely.
Make riskier trades a lot smaller, or don’t trade risky trades at all.
Remember these are my personal charts and not financial advice in any way shape or form.
You are responsible for your own actions.
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Always use stop loss and have a plan for each scenario and don’t forget about money management.
Thanks!
#DGB - CROSS 2000 SAT ONCE 20 SMA CROSS 200 SMA IN WEEKLY CHARTIN WEEKLY CHART FIB SHOWS FIRST RESISTANCE AT 263 AND AT THE TIME OF WRITING, IT IS BEING RESISTED AT AROUND 260 RANGE. THEN I EXPECT SECOND RESISTANCE LEVEL WILL BE CROSSED AT 382 AFTER THAT IT MAY COME DOWN TO 170 RANGE AND I EXPECT THEN BY MID JUNE 2020, THE 20 SMA WILL CROSS 200 SMA FROM BELOW ,AND THERE FROM IT WILL SKY HIGH MAY CROSS 2000 SAT EASILIY .
Digibyte/Bitcoin Slaying the Chart! DGB/BTCAddressing the potential for an extended 5th wave and further upside from the DGB/BTC pairing. Here is a quick Elliott Wave count and invalidation point as to when we will fail to see further upside by dropping under 218 satoshi's. The argument for the extended 5th wave is that it appears to be a 1,2,1,2 scenario in the macro wave 5 and also the wave 3 if it's not extended just measures 1:1 ratio as wave 1 which gives a strong argument that its the shortest wave or too short to be a 3rd wave.
If you enjoy Elliott Wave and are trying to master it then this is the right place for you. Find me on all the social platforms to start making a break through in Elliott Wave.
Best of luck!
What About A New All-Time High For DigiByte?Here we have the long-term chart for DigiByte (DGBBTC) and we can notice up to 1800% of potential profits to All-Time High.
But what happens if a new All-Time High is hit on the next altcoins market bull run?
Just as trading pairs can hit new lows when the markets are bearish, they can also hit new highs when the markets are bullish.
I used the Fibonacci extension tool and with a few calculations, we can see ~2600% and up to ~4400% potential profits to a New All-Time High... The question remains, is this possible?
From a low of 6 satoshis in 2014, DigiByte (DGBBTC) grew by as much as 44,816% by May 2017... A new high might be possible and even easy to achieve.
Now, feel free to hit LIKE to show your support...
Namaste.
Previous chart
Apr. 22 | DigiByte Is Doing Great (540% or 1865%?)
Apr. 3 | DigiByte Breaks EMA100, Final Call (Trade Inside)
Mar. 31 | DigiByte PREMIUM Signal (DGBBTC-178%)
DigiByte Is Doing Great (540% or 1865%?)It is great to see DigyBite (DGBBTC) growing so much, this pair tends to move ahead of the bunch when a new cycle is starting.
I hope you can enjoy your profits... Below is the trade idea where we are keeping track of this pair (we have an active trade for DGBBTC):
DigiByte Chart Signals
I am showing the weekly chart here so that you can see the huge potential.
The MACD allows for plenty of growth and the RSI is super strong.
We have over 540% potential profits... But take a closer look below, 1800%+
Thanks a lot for reading.
Namaste.
DGB 2024 TRACKINGthe next few years look like a great opportunity for Digibyte.
Looking at the track records of the previous cycle one can imagine the potential.
Leaving this chart here to see how the future plays out for DGB
Personally I am only committed to sell 10% of any remaining DGB at any given milestone that it reaches.
Never selling more than 10% of remaining positions means I have an infinite number of selling opportunities.
I hope you have a great strategy for your crypto, and I hope you put it to good use.
NOT FINANCIAL ADVICE
DGBBTCDGBBTC
✅ 1 - 0.00000217
✅ 2 - 0.00000250
✅ 3 - 0.00000270
Breakdown of 0.0000017, the price may fall below
If you like what I do, put 👍 and subscribe
Waiting for your comment, what do you think about this?
DigiByte Explosion, More To Come (Enjoy The Profits)DigiByte (DGBBTC) is moving perfectly as we predicted and our trade below is not at 80%+ of profits...
As you can see in the trade above, we still have multiple targets left to be hit... So, we are expecting additional growth.
Prices are now trading above EMA300.
DGBBTC knows how to sustain an uptrend... This one can go for long.
More articles on this altcoin pair, DGBBTC: www.tradingview.com
Namaste.
DigiByte Will Now Resume Its UptrendDigiByte (DGBBTC) can now easily resume its growth... Let's see why.
Recently EMA100 (in blue) and MA200 (in black) has been working as resistance and rejecting DGBBTC on each attempt at moving higher.
Right after these two levels were conquered, meaning that prices managed to move and close above, prices retraced and tested them as support.
We can see EMA100/MA200 first working as resistance and later being tested as support.
Now we have a very strong green/bullish candle on really high volume, signaling that the bulls want to get back in front.
These signals are telling use that DigiByte can soon resume its growth.
Thanks a lot for reading.
Namaste.