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DGBBTC

DigiByte Breaks Its Downtrend | Manual Stop-loss Saved Us!DigiByte (DGBBTC) broke its downtrend on the weekly time frame (left) and printed a clear reversal candlestick (circled in blue). We can expect for DigiByte to recover here and a start a new, strong and sustained uptrend... Yes, I am calling for a change of trend here. DGBBTC hit bottom on a low wick at 15 satoshis. If you follow "conventional" trading and had a stop-loss in place, you would get killed here and lose all of your money to this long wick. We use what I call a "manual stop-loss" and only activate this based on the weekly candle close. The same candlestick that hit 15 satoshis, ended up closing at 85 satoshis. We have an active trade for DigiByte and our stop-loss is a weekly close below 82 sats... So for use we remain active, our funds are safe and we can collect profits up once the trend change. Here you can read more about our manual stop-loss strategy: Thanks a lot for reading. Namaste.
Long
by AlanSantana
19
DGBBTC a bearish shark move | Upto 780% or more profitThe price action has formed a bearish shark from X to C leg. Now the priceline has entered in potential reversal zone and we have pivot 1st support withing this PRZ area which will push the up to hit the sell targets soon insha Allah. Volume profile is also showing very poor interest of traders in this area. The targets are: Buy between: 0.00000168 to 0.00000001 Sell targets: Secure sell targets: Sell between: 0.00000338 to 0.00000694 Aggressive targets: Sell between: 0.00000808 to 0.00000969
Long
by moon333
#DGB : Upto 300% Profits Opportunity In The Mid Term. #Accumulation_Recomendation Pair : #DGB / #BTC Platform : #Binance RSI : 49 Volume : A good amount of volume circulating on the 1D chart. **Note : #DGB was on a downward trend for such a longer time and tried to make a reversal move on Mid May which was once again rejected and goes down to the lowest points. For now it showed a very good bullish candle stick formation and seems to be breaking the falling resistance line depicted by red line. If it can continue to and close above the red resistance line it will be a confirmation for a reversal upward trend and a beginning of an elliott waves creation. MACD seems to be returning to be bullish and RSI is already in a bullish state. Further EMA is looking bullish too in favor of the bulls for now. Current Accumulation Area : 150 sats - 165 sats Distribution Targets Short Term : Target 1 : 177 sats Target 2 : 195 sats Target 3 : 210 sats Target 4 : 238 sats Target 5 : 251 sats Target 6 : 273 sats Mid Term : Target 7 : 308 sats Target 8 : 421 sats+ Stop Loss : 124 sats Risk : High Capital Allocation : 5%
Long
by cryptotalk_et
DGB possible scenario 6/1DGB will probably move to the downside and create a double bottom prior to running up to the upper trend line and attempting a break out. Once the Breakout comes, it should go into a full bull run. Considering BTC appears to be coming down I believe that the alts could follow suit, optimum scenario would be for DGB to create an Adam and EVE double bottom then attempt a full breakout after that. I think if a breakout is attempted sooner it may fail to break out of the existing trend long term trend lines.
Long
by Xandolf
DigiByte (DGBBTC) Wakes Up (1360% Profits Potential To ATH)DigiByte (DGBBTC) just woke up after a long, long sleep. This altcoin is one of the first to be created and a complete classic. It normally holds really strong (no new low) and it tends to go up strong when in bull mode. Feel free to hit like now and let's get started with this analysis... Thanks a lot for your continued support. Let's take a closer look at the chart: Here we have a Doji on the weekly time frame, coming up at the bottom of a trend. A clear trend reversal signal if you go by candlestick reading. Still, a few parameters need to be met but this is the signal. We are looking at a high volume bar on a Tuesday, this is the weekly time frame we are looking at and the week is only getting started. So this week can end up being a really high volume week. We can end up with something like the highest volume in a week since July 2018. Next is the RSI, it hit its lowest ever. Notice that DGBBTC has been available for trading on Bittrex since late 2014... So the lowest ever is quite a feast. Here you can see the chart: This also leads to what is called "hidden bullish divergence"... I'll leave the explanation for another time. These signals are enough for me. What about you? Is there anything that you want to share with us? Use the comments section below... and remember to hit like to show your support. Thanks a lot for reading. You are Divine, in every meaning of this word. Namaste.
Long
by AlanSantana
22