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.
DGBBTC
DGB 3- Peak Descending Channel, Breakout Confirms #ALTSEASONDGB/BTC Daily Chart appears to be breaking out of a descending channel.
1st. Target at 232 (previous support).
2nd target: 300+, top of descending channel
This would potentially complete a 18-pennant in the making.
Channel breakout with sufficient volume confirms long position. SL @ -3% penetration of channel support after breakout.
Dgb possible scenarioThe recent drop of dgb required a re-evaluation of the chart. Based on the present information the over all trend date has been moved back about one month, which will in turn should increase the btc run value by approximately 100 sats. As long as the new bottom holds, the August should be the new approximate run time.
Digibytes Future? $8-$10 - Double Bottom just like May 2017
Repeating the same patterns, could POLONIEX:DGBUSD hit $9-$10 end of the year or Jan 2020?
There was a double bottom before May 2017 when POLONIEX:DGBUSD went parabolic. Then another spike in Dec/Jan after a rounded bottom formed. (I already had a buy signal before McAfee tweeted from Dalin Anderson)
Similar parabolic wave pattern in 2015/2016 as well without the double bottom (cause it was a new coin)
There's also talk about DGB being part of the Block 30 ETF
The Future of DGB (Possibly)Digibyte is coming to the End of a very long 2 year chart pattern, typically the end of this pattern results in a substantial bull run. I believe it would be very foolish to continue trading this coin for small gains and a Hodl Mentality should be taken for the next major run. The Tech Behind Digibyte is solid, Probably more so than most of the other alt coins. The DGB community is exceptional and solidly behind the development team. Although there are issues with Binance due to some history in the past with some very dishonorable activities on the part of Binance, and that CZ is to dishonorable to forgive, he has only hurt his business in the end due to DGB holders like me only using Binance for necessary trades when another option isn't available. Which means his company is losing money because of his actions. Not a good Business Practice at all, and it doesn't make Binance look good for its future if they continue down the same path that type of mentality.
Presently DGB is at the Very Bottom of my trend lines and probably a good buy at its present moment for the next run. On top of being more oversold than almost anytime in its history, this is probably the best time to get into an asset that could potentially make you a lot of money very quickly.
DGBHey crypto traders
Getting back to posting daily charts and findings;
I am going to just post some coins that have dropped into the support levels. These levels have some of the most financial upsides.
Not telling you to go ALL IN on these prices but, deff a good time to start watching and trying to get some good entries.
In the next few posts I will get more detailed about anaylsis and provide my thoughts. For the time being I will share some of my favorite coins and they support = buy zones.
Happy trading - keep stacking up
DGB - ORDER VOID - FILLNotice the volume here. I've posted about this before on Twitter. This is what happens when a LARGE buy order is placed and there is not enough sell orders to fill it. The price must range up and down along the center line. Often this bring over reaction, FOMO , overbought, oversold. Knowing this can really set you up to setup a plan. Pay attention to the color of each line and shape.
#DGB #DGBUSD #DGBBTC $DGB $DGBBTC
DGB Getting Ready for Big Move Hello Everyone Hope you are making good profit from my signals
Here is another signals for you hope you will get good profit from this call
DGB Bounced from .618 level also we have strong support at MA50
Morning Star Candle Spotted which is a reversal sign
we can also see Golden Cross Soon which is a indication of big bull rally
Current Price 309
Buy Between 295-310
Target 325
Target 350
Target 375
Target 420
Target 470
Stop Loss 275
DGBBTC long term I think DGB is a good coin, with a great community and bottom has been found.
We have seen a 1 wave from 230 - 400 sats. We are in a 2 wave which is close to finish and a 3 wave will start soon ( probably when btc correction finishes ), that should take us to 550 - 600 sats, where we will find a big resistance.
DGB still pushing DGB still pushing up after breakout of falling wedge. Breaking also MA 200? In case this is very bullish. We are heading for 400sat.
DigiByte ($DGB) - up to 1045% PPT! Long term trade.$DGB is entered a strong support zone in the green box also price is showing bullish divergence on daily RSI and MACD.
Price is reached 2 years support line (yellow).
$DGB is a great project with big community support and decent PPT.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
My eye be on DGBpublishing this mostly for my own purposes.
DGB isn't looking bullish quite yet so I'm not looking to buy more than I already have. But, that could change soon. Looking like it has held well above this thick pink line. Lots of room for upside potential.
Fundamentally, I worry sometimes for DGB. It just doesn't have the recognition it needs to be successful.
DigiByte Ready For The Next CycleWelcome Back!
Today I made an update on Youtube detailing 3 coins i felt were ready for a new cycle. DGB was on that list.
With that being said, let's dive into this and see what is in store for us!
Taking a look at the daily chart, We have finished the 3 step process I look for when finding a profitable market cycle.
What you want to see first is always Capituluation. Capitulation happens after the bear crash after the parabolic trend has broken. With Alts, this usually means at least a 75-85% correction..
Capitulation occurs once the retail investor has sold all his positions he accumulated during the parabolic run up. These are the investors that lose!
Next comes Accumulation/Distribution. Usually this is where you start to see people taking positions and laddering in after the crash. Many think this is the bottom however, its often not that simple.. Lastly, we have the final sell off. This occurs once support is broken and we fall for one more lower low. This is where smart money takes large positions before the eventual hype cycle to follow!
After analyzing DGB's cycle its becoming clear to me we are at the final sell off thats ready to spring load this market to new ATH's.
Pack your bags fam, this ones ready to rip!
God Bless, JolleyCrypto