DGBBTC
Digibyte is above the rim of its picture perfect cup & handledgb has formed a picture perfect cup and handle and has broken above the rim/neckline...if it closes the current 4hr candle above the neckline then I think it's ready for blast off. Also take a look at the volume boost on it on the last 4 hour candle...explosive.
Digibyte | DGBBTC CorrectionExpecting a correction to 350 - 360 sats.
After this we go to 580 sats, if bitcoin can stay above downtrend line.
Please always DYOR !
DGB - Huge Potential - thanks to HardForkI think due to the HardFork in June this Coin will spike a lot.
Dont get fooled but analysis - buy the rumor sell the news!!!
DGB small retrace in order to prepare the launchDGBBTC boosted after the bullish divergence at the begining of April. As currently BTCUSD is set for a bull run, DGBBTC will be impacted in a small retrace between 330-355 sat (hitting MA20 - red or maybe MA250 - orange). On a long term i am bullish on this coin but also on short term you can achieve some nice profits.
Enjoy!
Digibyte vs Bitcoin - Digibyte set to come out on top... for nowWelcome to heyitskolin's analysis of DGB (Digibyte) and BTC. This is charted using the four hour chart on the logarithmic scale.
Ok, so from 10th of April DGB seems to have finished it's consolidation phase that began around the 19th of March forming a new uptrend channel (dotted black line). Accumulation Distribution has been increasing adding strength to this new uptrend channel (Note: for those of you learning, An uptrend in the Accumulation Distribution Line reinforces an uptrend on the price chart and vice versa – one of the many uses for the accumulation distribution indicator).
Aroon Up is high, whilst Aroon Down is flat to the floor, adding further confirmation that the new uptrend is valid; whilst the 200 EMA is also supporting this view.
Now it is worth noting the MACD has just crossed over bearish and we have fallen below the EMA 12. Therefore the latest emerging candle is looking to now test the bottom of the uptrend channel. I am not worried about falling through the bottom of the uptrend channel at this point in time as we have the EMA 26 as support whilst (at the time of writing this) also having a bullish doji star emerging in the 15 minute chart (these patterns are usually of medium reliability). The area we are now testing has also previously been confirmed as support back around the 8th/9th of February. Therefore, I think the next valid price action would be for a bounce off the bottom of the uptrend channel and provided this occurs (seems likely) we will then have a free run through a lack of resistance to test the 38.2% Fib level.
Trade safely, and as always DYOR.
Cheers