DigiByte Breaks EMA100, Final Call (Trade Inside)We've been looking at DigiByte (DGBBTC) for the past few months and finally, we are ready for some really strong bullish action...
But before we get started, here you can find our full trade:
DigiByte PREMIUM Signal (DGBBTC | 178%)
For DGBBTC, prices are moving above EMA100 (blue line) after challenging this level for 6 days straight...
Now that this level is being conquered, there is no doubt that DigiByte is ready to move higher.
Quick note: The daily candle must close first for confirmation of this signal.
Where is the next target?
With DigiByte already moving, we need to know the next target, where will prices stop next?
Soon DGBBTC will find resistance at MA200 when it reaches 0.00000079.
Above MA200 we have EMA200 (0.00000085) followed by EMA300 (0.000000107)... These are the main targets short/mid-term.
More targets can be found if you zoom out the chart.
Thanks a lot for your continued support.
Make sure to hit LIKE, FOLLOW, COMMENT & SHARE.
Namaste.
DGBBTC
DigiByte PREMIUM Signal [DGBBTC](178%)This is our trade signal for Digibyte in full.
Remember that the charts are always changing and things can always change.
Just as prices can move up, they can also move down.
Just as we can win, we can also lose.
Remember to always diversify, not only trades but the exchanges and also where you keep your funds.
Make sure to always have a plan before you decide to trade.
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Trade: DigiByte | DGBBTC
BUY: 0.00000063 - 0.00000071
TARGET:
1) 0.00000078
2) 0.00000085
3) 0.00000095
4) 0.00000105
5) 0.00000120
6) 0.00000135
7) 0.00000165
8) 0.00000195
STOP: Close weekly below 0.00000058.
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This is not financial advice.
Thanks a lot for reading.
Namaste.
DigiByte Conquers EMA50, Bullish Breakout (66% Mapped)DigiByte (DGBBTC) is one of our old time favorite and always highly profitable... Prices can't be better right now.
DGBBTC broke above EMA50 and is now showing increasing volume... We are looking at it on OKEX for the first time.
Here we have bullish indicators, MACD and RSI, with the next target sitting at 0.00000780.
After this level is hit, there can be a short retrace followed by a big jump... It can vary wildly, but the bottom line is that we are going up.
Since we like to keep it simple, here is how we profit from the information that you just read above.
1) Buy in.
2) Wait patiently.
3) Sell when prices are up.
That is all it takes... Patience is very important because it is likely that you will have to wait.
Thanks a lot for reading.
Namaste.
(This is not financial advice)
Depression before disbelief - DGB market cycle coming to a closeThe weekly DGBUSD chart is showing great similarity to the classic market cycle psychological setup, along with multiple touches already this year of the 1 cent support line which is looking weaker by the day as we sit there without any movement.
I'm looking for another leg down into the depression phase that could see the price go as low as $ 0.005
I will be looking to add to my holdings between $0.005 - $0.007
Fundamentally, DigiByte seems to be quietly updating an existing product, that has real world applications, and is setting itself up to be a robust, fully decentralized blockchain for a company to build upon.
There seems to be a new media darling or two every cycle and the large gains, and excitable attention that could surround DGB has the potential to bring in a fresh round of euphoric bandwagoners to boost the price up to the next level. That and getting listed on more of the major exchanges to help with greater liquidity.
My targets for next bull cycle
$0.10
$0.30
$0.50
$0.83
$1.00
$1.30
This is not intended as trading advice. I'm sharing my plan and outlook and welcome any contrary thoughts.
Happy trading, stay safe.
Digibyte broke out of the Downtrend!Welcome fellow Tradingviewers,
Digibyte one of the oldest projects around in the cryptocurrency market might just have broken a very important level.
In our last analyses we shared our thoughts on the delisting on polienex and why it really did not even matter.
Without further or due, lets start analysing:
We will be analysing DGB using a top-down strategy, including candlestick patterns, indicators and price patterns.
Monthly:
- The candlesticks are not showing any real signs yet, Neutral.
- We are below the 50 MA, indicating more downside.
- MACD is starting to shift towards bullish territory, but for now indicating more downside.
- RSI is neutral.
- WE BROKE OUT OF A MULTI-YEAR DOWNTREND
Weekly:
- The last weekly candle closed as a bullish engulfing candle, indicating more upside momentum.
- We are below all MA's indicating more downside.
- The MACD has crossed bullish a couple of weeks ago, indicating upside momentum.
- RSI is in neutral, coming from oversold territory.
- WE BROKE OUT OF A MULTI-YEAR DOWNTREND
Daily:
- The last daily candle was pretty much neutral, slightly favouring the Bulls.
- We are currently testing the 100 MA, indicating more downside.
- We are also above the 50MA indicating more upside.
- Break above 200 MA would switch the trend to bullish.
- The MACD has crossed bullish, indicating more upside.
- RSI is in neutral.
- WE BROKE OUT OF A MULTI-YEAR DOWNTREND
In summary:
The break of this multi-year downtrend has not been really spectaculair.
We are still awaiting full confirmation on the breakout but things are surely looking better and better for Digibyte.
A break above the 200 daily MA would confirm that we are once again in a bullish trend!
This multi year downtrend seems to have formed a falling wedge, IF we can get some confirmation, 150, 250 and 350 sats would be the very first targets!
This analyses is only intended to share my idea, to educate and entertain you guys.
This should not be considered as financial advice.
I hope you guys enjoyed this analyses, if you did don't forget to leave a Like !
If you want to share your thoughts, please do so in the comments below!
Kind Regards,
FORALLCRYPTO
DGBBTC : Falling Wedge on classical support and resistance Zone.DGBBTC : Falling Wedge on classical support and resistance Zone.
1 Day Time market is Bullish Confirm.
Weekly or Monthly trend Bullish Not Confirm yet.
Market need to test At-least Main bottom.
I have Highlight in green where market has tested our Main Bottom But
I am not happy with that Crash still Need to wait for major trend Confirmation.
DGB Digibyte DGBBTC Trade Setup 1D TFDGB seems respected to the last waves fibonacci extension levels as 0.618 and 0.5. I predict price will respect 0.786 extension level as well, bounce from 61 sats area. Due to this fibonacci study, target will be retest of 0.618 level but in reality some price action resistances are on its way. After Poloniex exchange delists digibyte, it's now trading at Bittrex exchange with high volume.
DigiByte Hits Support & Challenges EMA10 | Where To Next?DigiByte (DGBBTC) is one of the strongest and oldest cryptocurrency projects around, solid as a rock.
DGBBTC went on a strong retrace recently and finally hit support.
The support that has been hit is a very strong one, marked on the above chart with a blue dashed line.
Notice that even though this support has been hit multiple times, each time the candle close happens above the dashed line, leaving a long wick. After the support is confirmed we end up having a bullish wave.
Just three days ago this support was confirmed and now we have DGBBTC moving above EMA10, signaling bullish potential. Based on the signals mentioned above, this can be the beginning of a new bullish wave.
Targets in the form of Fib. proportions and EMAs can be found on the chart.
Feel free to leave a comment if you have any questions.
This is Alan Masters, thanks a lot for your continued support.
Namaste.
Digibyte Delisting, does it even matter? Welcome fellow Tradingviewers,
We have probably all seen the fued between Jared Tate and Polienex, if you haven't here is a small summary.
Polienex tweeted that their followers should all buy TRX, the tweet quickly got removed but some twitter accounts already managed to take a screenshot. Reportedly the cryptocurrency exchange would have been bought by Justin Sun and this probably was a big shilling of the TRX cryptocurrency. After Jared Tate saw the tweet, he decided to say a thing or two about Polienex, which has been one of the exchanges that supported DGB for a long time. After Polienex saw the comments made by Jared Tate and other DGB members they decided that all of the sudden Digibyte did not have the right listing standards and that DGB will be delisted in the near future.
If you want to know more about this fued, checkout Polienex or Jared Tate's twitter accounts to get more info on the matter.
We have not seen any effects in the price for now, this is also because Polienex was'nt even bringing in 1% of the trading volume, but lets see what could happen in the future!
We will be looking at the price action from Digibyte using a top down strategy where we are going to analyze down from the monthly.
Monthly :
- Looking neutral
- Candles are indecisive
- MA's are bearish
- MACD is still in bearish territory
- RSI is in Neutral
- Volume is very low
Weekly :
- Looking Bullish
- We saw a bullish engulfing candle 2 weeks agoi which led us to test the 100 sats resistance
- Ma's are Bearish
- Volume is very low
- We might be moving in a big falling wedge, which is know to be a Bullish pattern
- MACD has crossed Bullish
- RSI has just come from the oversold region
Daily :
- Looking Neutral.
- We saw a Bearish engulfing candle on yesterdays close.
- We found support on the 50 and 100 MA
- MACD just crossed Bearish.
- RSI is neutral
- Volume has picked up a bit
- Moving inside a falling wedge which is known for trendreversals
What's next?
Well depending on the next couple of weeks, a lot could happen.
The Bullish engulfing candle on the weekly tells us that we can expect more upside momentum.
The biggest challenge is breaking the upper trendline of the wedge, if we break this upper trendline with enough volume, then i will be confident that we have a good year ahead of us!
This analyses is only showing you guys my vision on DGB and should not be considered as financial advice.
If you agree or find this analyses useful, don't forget to leave a Like!
And if you disagree or have a comment , let me know below!
Kind regards,
Forallcrypto
DGB LONG TRADEnot financial advice
DGB looks attractive to me here for a 100X swing trade
could take 12 weeks
could take 12 months
stacked some at .0066
Digibyte - Following the Double Top PatternDigibyte is notorious for doing an ascending double top on its chart. If we follow the pattern, that takes us well above it's ATH. This is a very liberal projection, but the charts tell us a potential.
Testing the bottom or breaking itDGB, as far the price is concerned, isn't doing well.
Well... at least it's cheaper to buy