DGBBTC
DGB impulseing out of hereLooking to get long on DGB as it has broken out if it's corrective triangle as many coins are doing. Trying to identify a good spot to get in.
Note building volume in the short term as well.
Buy Target: 0.00000432
It's important to start identifying good altcoins that will outpace BTC in the next week if indeed the BTC correction has ended.
Watchlist Update 03 | BTC, ZEC, ETC, DGB, GBYTE, XZC, SUB, KMDHello everyone and welcome to today's watchlist update. I was thinking of calling this "Fresh Rotis" but it'd be a bit odd referring to myself as food. Anyways,
The market is a bit quiet so far today. Bitcoin is possibly stabilizing, bulls are definitely returning but everyone including myself are watching carefully for any sort of confirmation. Some of my picks are looking short-term bearish while setting up for future Elliott wave impulse moves, while ETC-BTC is getting some hype.
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Summary:
BTC-USD | Still sideways after a bounce and breaking down the daily downtrend, Ichimoku is flipped bearish, still finding resistance at 9087 and support above 7883. Some people are saying this is an inverse head and shoulders setup, we need more bullish momentum for follow-through. The 1H Ichimoku looks better with some support off the MAs but still not great.
SUB-BTC | Breakdown of falling wedge in RSI, touching resistance of downtrend line after an inside bar bear break, may break down the shorter-term uptrend line, Ichimoku not looking great on hourly or daily charts.
DGB-BTC | Looking a bit bearish but overall bears may be getting exhausted. Used multiple Fibonacci ranges to sort out these Elliott waves and possible future support-resistance lines. All conjecture but this downtrend may be a falling wedge. used a special grouping of a 343 minute time frame and two specific MA’s which I will link some info to here:
GBYTE-BTC | Hidden bullish divergence on the 1H, uptrend out of that false breakout of the symmetrical triangle may be a rising wedge.
ETC-BTC | Hype from the airdrop event, the C wave of the correctional Elliott wave can often revisit the level of the 4th wave of the previous impulse wave. Hidden bullish divergence on 15min with a bull flag.
XZC-BTC | looking very similar to BTC.
KMD-BTC | still in the downtrend and finding support.
ZEC-BTC | 1st target hit with edge-to-edge cloud break.
ARDR-BTC | (Not in the video) is following the expected trend. I will cover it in another idea or video.
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I'm well aware that I haven't considered the USD pairs here, that's something to consider when making these trades/ investments. A quick look tells me that the USD price action correlates well with BTC pairs right now.
That's all for now, y'all have a good Tuesday afternoon. Roti out.
DGB fails to maintain supportDGB fails to recover back above the previous Trendline Support (B).
Also, failed to stay above Trendline Support (A) forming new Trendline Support (C).
If DGB fails to stay above Trendline Support (C), expect to see further downtrends.
DGB has yet again disappointed many investors.
Sorry guys. This one doesn't look like it's going anywhere, anytime soon.
Be carefull with DGB, however upside potential is present! Currently DGB is trading on the support zone of the Ichimoku cloud. The same situation occured end of january / beginning of february. This resulted in a steep drop. If it Holds and does not break out on the bottom there is a good chance it will prepare itself to break out of the cloud in the coming days or at least test the resistance.
If the resistance gets broken first target will be around 750-800
DigiByte DGB on 500% Profit Trajectory (MEDIUM RISK)Digibyte is on a med - long term trajectory path to 5x it's current levels. If you have patience, enter this trade until target is reached or comfort target is achieved.
Do not invest what you can't afford to lose. We are not your financial advisors.
Watchlist update 01 | DGB, BTC, SUB (Expecting pullbacks)Hey guys, this is a quick overview of a few of my watchlist items. Keeping to the Tradingview 10 minute limit until I get something on Youtube sorted out, I decided to start doing updates on what I'm looking at in the markets. I'll try to quickly work up toward publishing one of these daily with regular updates of all of my main ideas as well as updates on future projects if they arise.
This update quickly skims over SUB and BTC with a shoutout to the fella who recommended that I begin doing some T.A. on the USD pairs against the BTC pairs for comparison. The differences are quite telling and so he has a point, I completely agree!
Here are some cool articles to chew on for today regarding the state of the market.
Here's the link to that awesome Substratum (SUB) review mentioned in the previous idea:
youtu.be
A link to Clif High's website:
www.halfpasthuman.com
Digibyte: www.digibyte.co
Substratum: substratum.net
By the way, apologies for the microphone blowing...I'll take the mic out of my mouth next time :D
DGB/BTC PoloniexI have a love and hate relationship with DGB.
Currently, I hate it.
Why did you have to fall & stay below Trendline Support (B)???
Falling below Trendline Support (A) will be worst and worst news.
It needs to smash through both Trendline Resistance and Trendline Support (B) or there to be any reason to buy in.
No recommended buys for this coin.
Sorry HODLERS.
DGB new trendLooks there's been a new trend-line established. DGB is a great coin, cheap right now. Seems like there are small spikes now and then, this I believe are the whales accumulating this coin. The spikes seem to come back down after the initial upwards movement, but a new floor is set every time.
This of course has only happened recently as of late, and we should watch to see if DGB respects the trend-line. Take a look at the RSI pointing up on the 1h and the MACD seems to want to go above the 0 mark and on an upwards trend.
I'm taking this time to accumulate this coin!
I am of course not a financial advisor please do your own research. This is not financial advice.
Best of luck,
X
DGB/BTC PoloniexDGB fails to maintains support from both Trendline Support (A) & (B). This looks bad for DGB. Downtrend! Not a good night for DGB.
DGB/BTC PoloniexDGB manages to stay above Trendline Support (B), forming a new Trendline Support (A).
If it breaks above the Trendline Resistance, expect to see a continued upward movement.
DGB/BTC POLONIEXIf DGB finding support at Trendline Support (A).
A fall below Trendline Support (B) is bad news for DGB/BTC and will signal a further downtrend.
Needs to break above Trendline Resistance for a buy recommendation to be established.
Will update again as the days progress throughout the week.
$DGB Buy This is a coin that will provide very nice returns over the next few months.
Will be Holding this for the next little while :)
DGB/BTC looks like a breakoutLet me preface this first of all by saying there's no guarantee that BTC is out of the woods yet, so be careful of any trade you make. That being said, this is a long term trade, so if you wait patiently you may get a good entry for it!
DGB/BTC had a huge run and has been stuck under this trendline and MA for a while now. Today, we broke above the trendline AND the MA, all that's left is the Red Cloud above us which is going to be resistance. We'll probably pull back, touch the MA, and as long as we hold that we should enter LONG. Resistances are from previous highs as marked in the yellow lines. If we clear that zone of 3 close resistances, I could see this going to an all time high. Take profits along the way, and leave some for moon.
Check out my other trades too. If my charts are helpful, and they result in profit for you, please like and follow my profile to catch all my trades.
Happy Trading!
DGB no HnS - possible flag?In a previous idea I had posted that DGB was forming a possible head and shoulders, which it did. Was the neck line violated? No it was not. How is DGB looking now? Pretty well!
It seems that on the 1h DGB might be forming a possible bull-flag, this is of course hypothetical and just wanted to share some positive news. Please do not trade on this information as we should wait for more information. DGB and the market as a whole depends on the movements which BTC makes.
What will I do personally? I bought a good amount of DGB at the base of this possible flag pole, and set tight stops. Did you do this? Good job!
How are the EMAs looking? Well it seems that DGB stopped short of the 50 day EMA on the 1d chart and is now trading above the 50 on the 1h chart. The 50 on the 1d chart more or less coincides with the 0.5 fib level. So it seems has become a major point of resistance. On the 1d chart the MACD seems to have almost kissed and the RSI is starting to look up, this will play out over the next few days.
Predictions? I think if we get a bull-flag formed, DGB will strongly go up to test the aforementioned resistance level. A new floor will be set just below or maybe even above this resistance level and we'll trade sideways for a while.
I've wanted to pick some more DGB up, what am I going to do? I'm going to wait to see what happens and if we get a bull-flag. If we do I'll buy the point of the flag and set a tight stop loss. Could this be a false break out? YES! Is this a risky trade? VERY.
Thanks for your attention please leave a comment challenge my ideas lets discuss!
This is not financial advice, please do your own research, and I am not a financial advisor.
Best of luck.
X
Digibyte Trade Idea 8 February 2018 (100%+ gains possible)Digibyte Trade Idea 8 February 2018
The coin I've started with mid 2017 (at least, becoming more active in this market, fascinated by the big swings from coins).
What do we see on this chart? A lot of things!
- Retraced all the way down to even 70 sats from the big jump earlier in 2017.
- Climbing back up, breaking the green zone --> red zone became resistance (big one) and currently retracing back.
Combining this with the following things:
- RSI getting close to the 30 zone --> oversold
- Volume spikes during the accumulation fase, we've seen that before.
- Lying on the 0.618 fib retracement level from the first run up.
- Lying on the 200 EMA too.
- Facing resistance pretty soon.
Expecting this one to jump to the red resistance zone pretty soon. So I'm definitely buying in this area and holding for a while.
First target: 600 sats
Second target: 800 sats
Depending on the patterns then + maybe some FA coming in to play + potentially breaking that level, could induce that we will see another big run up.
Will keep you posted about this one weekly.