DGB Digibyte Weekly Breakout ConfirmedResistance shown in the red, strong between 695 and ~830. Pushing through that could see a real power move with only a few speedbumps along the way. DGB has a lot of potential, if only it can shake off its crypto noob image and see some real marketing. The tech is there.
DGBBTC
Digibyte waking up? Next weekly candle will tell allPreliminary targets set for 695, 860, 1050 and then moon.
DGBBTC poloniexBITTREX:DGBBTC Daily chart analysis on DGB.
Take profit on 500 satoshi, buy at the deep at 420, take profit again on 600
DIGIBYTE: ATOMIC WALLET & VERTPIG LISTINGS - PROFIT = 40.40%!Our "Crypto Bottom" Trading Indicator has correctly identified a buy in point on the 24th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 40.40% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Abra the first and only all-in-one app adds Digibyte to its app (Abra is an app that allows users to buy, sell and store over 20 cryptocurrencies and 50 legal currencies)
April 4: O kCoin (Korean cryptocurrency exchange) adds support for Digibyte.
April 6: Exodus Wallet adds Digibyte support.
April 14: Proposal that Digibyte will fund David Hay's Cúcuta humanitarian project.
April 18: South African cryptocurrency exchange Artis Turba adds Digibyte to its list of tradeable cryptocurrencies.
April 25: Digibyte releases their Android wallet.
April 25: Digibyte officially announces Digi-ID (integrated with their wallets). This is a DigiByte Blockchain-powered authentication service that can be used to replace username & password combinations and even 2FA. This allows users to register and login to any website or webshop with a single click or QR code scan.
April 26: Digibyte announces their IOS wallet (beta).
April 30: CryptoLark (Youtube Personality) has interview with Jared Tate (founder and creator of Digibyte). This has generated publicity for the cryptocurrency.
May 4: Okcoin (Korean exchange) lists Digibyte.
May 7: DigiByte annnounces that is now ready for cross-blockchain The Blocknet (The Blocknet orchestrates dapps and smart contracts into a "token ecosystem" via blockchain routing & decentralized exchange).
May 31: The NASDAQ for encourages investors to look at the DigiByte via their article: "20 Cryptocurrencies to bet the house on".
June 4: Digibyte gets mentioned in a Techcrunch article.
June 5: DX 0.08% .Exchange adds Digibyte.
June 5: Guarda announces support for Digibyte.
June 6: Livecoin (cryptocurrency exchange) adds the following Digibyte trading pairs: DGB/ETH, DGB/USD and DGB/EUR.
June 6: Digibyte announces that Digiwallet RC7 (Android) has an 86% adoption rate and is 100% crash free.
June 7: Jaxx wallet announces support for Digibyte.
June 11: Instaswap lists Digibyte.
June 14: Maple Exchange lists Digibyte.
June 18: ezBtc Exchange lists Digibyte.
June 21: LINDA mobile/web wallet adds support for Digibyte.
June 22: OOOBTC Exchange announces that it will list Digibyte on the 25th of June.
June 22: Changenow Exchange lists Digibyte.
June 23: Digibyte adds the possibility of a proof of stake function to Digibyte.
June 27: Digibyte gets added to the Atomic Wallet. This allows users to access the Atomic Swap Decentralized Exchange.
June 27: Vertpig exchange lists Digibyte.
The positive developments have led to the increase in demand for and hence the price as well as the general recovery in the crypto markets.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)***
DGB stares down the bear.. ETC, XBT, ADA, LTC, ETH, DASH runDGB holding up really well...at least in relation to the rest of the market....for now. Interesting to see how it plays out going forward.
Just wanted to post a comparison... DGB fell harder than most 2 days ago, but since, has held it's ground among the best of cryptocurrencies. Up 17% since the June 24 low.
ETC did well also, until the last few hours. The others, XBT (BTC) , ADA, LTC, ETH, DASH have faltered...almost as far as their previous June 24 lows, especially for DASH.
Thought it was interesting...whether you'd like to trade a stronger coin, or more of an oversold one.
Personally, especially with the divergence on the indicators, I'm adding some DGB here...some for the hodl account.
In order from best to worst on the chart.... Digibyte, Ethereum Classic, Bitcoin, Cardano, Litecoin, Ethereum, Dash
Travis
JMJ - UIOGD
DIGIBYTE: EXCHANGE LISTINGS & POS RUMOUR - PROFIT = 18.18% !!!Our "Crypto Bottom" Trading Indicator has correctly identified a buy in point on the 24th of May 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 18.18% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Abra 4.00% the first and only all-in-one app adds Digibyte to its app ( Abra 4.00% 4.00% -3.33% is an app that allows users to buy, sell and store over 20 cryptocurrencies and 50 legal currencies)
April 4: OkCoin (Korean cryptocurrency exchange) adds support for Digibyte.
April 6: Exodus Wallet adds Digibyte support.
April 14: Proposal that Digibyte will fund David Hay's Cúcuta humanitarian project.
April 18: South African cryptocurrency exchange Artis Turba adds Digibyte to its list of tradeable cryptocurrencies.
April 25: Digibyte releases their Android wallet.
April 25: Digibyte officially announces Digi-ID (integrated with their wallets). This is a DigiByte Blockchain-powered authentication service that can be used to replace username & password combinations and even 2FA. This allows users to register and login to any website or webshop with a single click or QR code scan.
April 26: Digibyte announces their IOS wallet (beta).
April 30: CryptoLark (Youtube Personality) has interview with Jared Tate (founder and creator of Digibyte). This has generated publicity for the cryptocurrency.
May 4: Okcoin (Korean exchange) lists Digibyte.
May 7: DigiByte annnounces that is now ready for cross-blockchain The Blocknet (The Blocknet orchestrates dapps and smart contracts into a "token ecosystem" via blockchain routing & decentralized exchange).
May 31: The NASDAQ for encourages investors to look at the DigiByte via their article: "20 Cryptocurrencies to bet the house on".
June 4: Digibyte gets mentioned in a Techcrunch article.
June 5: DX.Exchange adds Digibyte.
June 5: Guarda announces support for Digibyte.
June 6: Livecoin (cryptocurrency exchange) adds the following Digibyte trading pairs: DGB/ETH, DGB/USD and DGB/EUR.
June 6: Digibyte announces that Digiwallet RC7 (Android) has an 86% adoption rate and is 100% crash free.
June 7: Jaxx wallet announces support for Digibyte.
June 11: Instaswap lists Digibyte.
June 14: Maple Exchange lists Digibyte.
June 18: ezBtc Exchange lists Digibyte.
June 21: LINDA mobile/web wallet adds support for Digibyte.
June 22: OOOBTC Exchange announces that it will list Digibyte on the 25th of June.
June 22: Changenow Exchange lists Digibyte.
June 23: Digibyte adds the possibility of a proof of stake function to Digibyte.
The positive developments have led to the increase in demand for and hence the price as well as the general recovery in the crypto markets.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)***
Window for DigiByte to break above the cloud!On the daily chart, DGB just bottomed out on the RSI, and has a month long gap to break out big time do to a short support cloud, despite whatever BTC does. If DGB can rise to ~3.5 cents, there will be no resistance between it and the moon. DGB will likey hit the dollar sooner than later. Please share your thoughts in the comments.
Thanks To Whoever Sold To Me at 300 Sats - 10% Gain Already.Volume on DGB was up today an brought us out of the low of about 300 sats - where I hope you all took a position. Its been a steep ride down for DGB and I personally have bought the whole way down preparing for the recovery.
What we are seeing with DGB we are also seeing with BTC - a double bottom reversal that over the next few days will likely thrust DGB back up to higher levels. 420 sats by the end of the week is easily within our grasp.
DGB is one of those coins that can post double digit percentage gains very quickly -weve seen a 10% swing today already. As we can see with the current reversal taking place - we are definately moving up in the short term. I expect we move into the 400s before we see a major change in momentum and another possible dip down before a permanent recovery.
Shorting this currency is not for the faint of heart. I personally believe in the project and hope for the best - but as a trader I know the rhythm of DGB.
As BTC recovers DGB will recover faster - paying back the temporary losses we've all taken - and rewarding those of us who continued to buy as rumors of doom and gloom abound.
From a technical standpoint - there is evidence to support a DGB recovery - and lots of upside for stakeholders. If you've been trying to time the market for DGB - I'd buy now - we might never see these levels again.
Digibyte a sleeping giant ,Can we make giant profits?Digibyte is a strong trade ,your bond to make profits in return you need patience.
After the rally april/may which made around the 100% profits if you managed to catch the ride.
Can we repeat a similiar thing ,I think so here are my reasons:
look at the first two channels are green, after the channeling is done
there is breakout that carries good profits
Also the channels very a like.Their resembles is uncanny
Can the last channel repeat what the tho other channels did .
I hope so, we got good indication for that.The bollinger bands is constricting(the volatility of the chart is low) which is really a good sign the uptrend is trend is not far away. The breakout isn't that far.
On the rsi you see also the pattern playing out.
I'm confident that we will make good profts with this trade
I will give you the likely targets tommorow.
If I helped you profit in anyway you could thank by tipping me
or leave a comment/like and take a look in my other trades
My ltc wallet:
Lcxk4jDgW8TBTakYSHdzP3p8BMV364f85s
Until next time ,
Yours trully,
Sir_DURZO
DGBBTC Great fundamentals and possible breakoutIt is a perfect moment to buy this coin cheap. Technical and Fundamental analysis are great.
DGB is in the triangle now it is going to break from it up or down around June 14th. However we forecast that the price will move upward as there are two great fundamental motives.
- Hard Fork on June 21st
- New Exchange Listing on June 30th
Systematic and specific risks are medium. It is a mid term trading recommendation. Buy in the suggested zone sell closer to the dates of events.
Digibyte is almost ready for some Big Move.Hey, I am back with another technical analysis, this time looking at Digibyte.
Okay, so I was just looking at almost every crypto and found this interessting due to this nice pennant that has occured.
Pennants pretty as this one suggest some big move is about to happen, pennants are short term patterns up to 8 weeks which is exactly the lenght of this one.
So what does Indicator says, will it be bearish or bullish move?
Well, overall RSI is pretty high whole time even when Bitcoin was falling, notice how each time RSI is higher than 70 for a month, than it most times drops under 70. But about our situation DGB is looking good in demand, found support at 44 level, which is a good sign , lets see how this will evolve.
Moving on the MACD, until today the sellers are dominant for 30 days, can this trend continue for so long ? Well it looks like the sellers are slowly losing their dominant position and buyers are coming back to the scene. MACD about to give buy signal, lets see how strong the impulse will be.
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my Discord channel!
Hope I made your view on whats going on with Digibyte somewhat clearer.
If you like this Technical Analysis let me know in the comments, Likes are aprreciated, Thanks !
If I see something worth to share on the chart I will surely do an Update.
DIGIBYTE: EXCHANGE ADOPTION & WALLET SUPPORT - PROFIT = 22.14%!Our "Crypto Bottom" Trading Indicator has correctly identified a buy in point on the 18th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 22.14% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Abra the first and only all-in-one app adds Digibyte to its app ( Abra -3.33% is an app that allows users to buy, sell and store over 20 cryptocurrencies and 50 legal currencies)
April 4: OkCoin (Korean cryptocurrency exchange) adds support for Digibyte.
April 6: Exodus Wallet adds Digibyte support.
April 14: Proposal that Digibyte will fund David Hay's Cúcuta humanitarian project.
April 18: South African cryptocurrency exchange Artis Turba adds Digibyte to its list of tradeable cryptocurrencies.
April 25: Digibyte releases their Android wallet.
April 25: Digibyte officially announces Digi-ID (integrated with their wallets). This is a DigiByte Blockchain-powered authentication service that can be used to replace username & password combinations and even 2FA. This allows users to register and login to any website or webshop with a single click or QR code scan.
April 26: Digibyte announces their IOS wallet (beta).
April 30: CryptoLark (Youtube Personality) has interview with Jared Tate (founder and creator of Digibyte). This has generated publicity for the cryptocurrency.
May 4: Okcoin (Korean exchange) lists Digibyte.
May 7: DigiByte annnounces that is now ready for cross-blockchain The Blocknet (The Blocknet orchestrates dapps and smart contracts into a "token ecosystem" via blockchain routing & decentralized exchange).
May 31: The NASDAQ for encourages investors to look at the DigiByte via their article: "20 Cryptocurrencies to bet the house on".
(NEW) June 4: Digibyte gets mentioned in a Techcrunch article.
(NEW) June 5: DX.Exchange adds Digibyte.
(NEW) June 5: Guarda announces support for Digibyte.
(NEW) June 6: Livecoin (cryptocurrency exchange) adds the following Digibyte trading pairs: DGB/ETH, DGB/USD and DGB/EUR.
(NEW) June 6: Digibyte announces that Digiwallet RC7 (Android) has an 86% adoption rate and is 100% crash free.
(NEW) June 7: Jaxx wallet announces support for Digibyte.
The positive developments have led to the increase in demand for and hence the price of Digibyte (this is especially due to an increase in exchange adoption).
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
DGBBTCDigibyte has been bullish since the breakout of the falling wedge, And its showing good uptrend now 1st impulsive wave hit a swing high of 440 sats we alredy published that 2 days ago and after that we saw a bullish retrace.
DGB break out triangle pattern and looking bullish DGB having strong news
The upcoming events for Digibyte
1- Hard Fork - 21 June.
2- New Exchange Listing - 30 June
these news can take DGB high
NEW Major resistance is at 550 sats and 600 sats
DigiByte : Sleeping Giant ? Trade Warnings !Warnings :
-The Current Hike is due to rumors of it listing on Binance. ( 'N' number of people have been rekt in This Binance listing Hypes)
-Highly Speculated Coin : There are even Telegram groups for its speculation : @DGBwaves & @DGB_Speculation
-McAfee's Shill
That being said I am entering this trade upto 50 Sat. You can still wait for this Binance Hype to be over but for me High Risk Yields High Return !
For Lazy or To the point readers :
DGB
Long : 0.0000050 or Below ( Step buy orders Downside )
Take Profit : Step short orders
T1 : 0.0000054
T2 : 0.0000058
T3 : 0.0000064
T4 : 0.0000070++
SL : 0.0000040 ( Risk Apetite : Normal )
0.0000025 ( Risk Apetite : High )
Keep Raising your SL at 3-5% with the increase in Price.
Risk : Medium
Term : Short / Mid ( Depending on the Total Market Volume )
Invest : 8% or Less of Your Portfolio
Warning Again : This is not a safe investment looking at the current indecisive market. The current atm technical indiactors are bullish but do not rely them on much. Invest only if you have good risk apetite.
Why Are you suggesting for this trade then ?
- Highly Speculated
- Hard fork 21 June
- Artis Tumba Listing 30 June
- Somewhere Keynote Speaker 12 July ( Irrelevant Factor )
Spikes & Crashes in Price
As with all cryptocurrency, DigiByte’s price has been volatile recently. Up until 2017, it’s price remained relatively constant, with only slight growth. However, 2017 and 2018 saw a series of spikes and crashes for DGB.
A June 2017 spike came when DigiByte hinted at an impending announcement on Twitter. Investors looking to make money off the announcement quickly bought into DigiByte. This pumped the price. However, the announcement didn’t come for several more days. It introduced a new wallet and a few added features. By the time of the announcement, the price of DGB had already collapsed to near pre-announcement levels.
Digibyte’s price spiked again in December 2017-January 2018. John McAfee, a popular crypto-investor, tweeted about DigiByte as a company worth watching. The resulting December spike carried into the new year. But, it eventually collapsed along with the rest of the crypto market in the correction of January 2018.
Future of Digibyte
Traction is the name of the game for DigiByte. So far in its four-year history, it hasn’t gotten much. 100,000 nodes is a respectable network size for an alternative currency. However, DigiByte is a relatively old currency, and it has had opportunities to gain massive support with the right messaging and public relations.
DigiByte is currently gaining traction in gaming community. An offshoot of DigiByte, DigiByte Gaming, offers DGB to gamers in exchange for time spent playing certain games.
Tate, the CEO, has promised to focus on public outreach and the DigiByte Foundation this year. At this point, gaining greater adoption is the largest challenge facing the project. DigiByte’s fate hangs in the balance. It could take off as a leader in speed, scalability, and security; or it could languish in continued relative obscurity.
DGBBTC BITTREXKeeping a close eye on DGB right now as I heard there was a rumour it was going to be listed on binance. Technically it shows DGB has had a strong push to break out of a triangle that had formed. It has broken through a 4 hour resistance and is currently forming some indecision in between a support and resistance. Looking for a retrace here to retest and then a bullish engulfing bounce off the recently broken resistance. If it continues up I will be looking for a close above and retest of the next level of support/resistance.
DigiByte: Money Flow, buy opportunity, short-term targetDigiByte moving on good news and good TA:
targets 500+
#Digibyte looking to break above key resistances #DgB #cryptoDigibyte has been bullish since the breakout of the falling wedge , 1st impulsive wave hit a swing high of 436 sats then we saw a bullish 38.2fib retrace . Then Wave 3 made a swing high of 530sats.
Currently it is consolidating in a triangle pattern , looking to break above major resistance levels at today's closing.
DGB trying to break above trendline resistance, 20,50 DMA & cloud resistance around 450-460 region.
RSI is curving above 50.
There can be two possibilities for wave 5.
Link to earlier analysis: twitter.com
$DGB - Calm Before the StormSymmetrical Triangle has formed on $DGB which is usually considered a continuation pattern.
At minimum, we need 2 higher lows, and 2 lower highs which we have to confirm the pattern.
Volume should decrease in this pattern as the "Calm before the storm" happens.
We also have a bullish Kumo Twist on the Ichimoku and the MACD is close to crossing.
Symmetrical Triangles certainly can go in the opposite direction and it is recommended for conservative traders to enter on a confirmed breakout.
Typically after breakout, the old resistance will become support and price will come back down to test it. This would be the entry point for a conservative "breakout" trader.
There is not much room left in the triangle and I would expect us to see a breakout in either direction in the next few days at minimum.
Super Short DGB/BTC Trade - Gain A Little More Crypto!DGB has been good to me lately. As BTC continues its pattern - DBG has provided many short opportunities. I dont mind making short trades for a few percent on my holdings. Some people go for the longer duration buys - I never feel shy about locking in some gains.
DGB has continued to rise and fall a little bit independent of BTC. I think DBG is set to go even higher than my projection if you are interested in something long - but as a short play - a gain is a gain.
This is not a bad play if you are looking for a trade!
