Digibyte (DGB) is forming a new triangleAfter 400 sat retracement that happened yesterday, Digibyte finds support at around 450 sat.
I have modified the triangle I published here
and now I am suggesting the new one.
The first target is the same: around 800 sat!
DGBBTC
How to know when to buy or sell?I used a few indicators and it has served me well over the years.
I prefer to keep to these few as it worked for me thus far and like to keep the charts as simple as possible.
1. Notice the twice bearish engulfing candles - a sign of bears taking over the bulls but wait.........
2. 21EMA - notice the price is still above 21EMA , so there is still a chance to rebound, do not sell prematurely.......
3. FIB level - notice there is support at 50% FIB level? If the price action is well supported, then it might rebound else it will goes southward to the 618 FIB level
4. MACD - I used this sparingly. Notice it is likely to cross over soon ? Again, do not jump the gun and assume it would definitely do so. Selling early may be a costly mistake as I had learnt from my past mistakes, trying to move ahead of the market trends. Sometimes in trading, one has to be a follower no matter how much of "Leadership" you think you have in you, haha. Follow the trend until it has changed - easy to say , not so easy to follow.
Best of luck
Digibyte Buy Opportunity (around 200% profit!)Happy New Year everyone! My apologies for not being online the past few days, I spent my holidays with friends and family enjoying the anticipation for a great 2018!
During the holidays I changed up my portfolio into coins who I expect to do very well 2018, which was very relaxing to me since I didn't need to check my portfolio every damn second.
Now I came across DigiByte and it's looking pretty bullish to me!
You can see Digibyte is holding pretty well above the Ichimoku cloud and it hasn't broken the trendline yet.
RSI confirms a bullish divergence.
MacD has now come up to a decision moment and I expect it won't take long for DGB to take off for a second run up!
It's still a very cheap coin so grab it while you can.
First price target is around 665 sat.
Second price target is around 1100 sat.
Third price target is around 1400 sat.
- Set your stop-loss at 380 sats.
Good Luck on this trade!
Patience is key
Cheers,
Steve
Bullish signs - breakout soon?Hey guys,
after that huge bullrun, we saw a healthy correction for some days. Now, it seems like the price is moving towards the trend line, which will offer a great support. Here are some indicators, that make me very confident about a incoming bullrun to the target zone.
RSI oversold -> bullish
MACD strong uptrend -> bullish
Support by the trend line -> bullish
If you like my prediction, feel free to follow me on my other social media accounts:
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Digibyte, DGB, medium term bullish trendMissed the big run the past week but now I am ready to take a position here with the hammer doji on the 4 hr showing buyer sentiment and the perfect trend bounce. I picked some up here around 480's for a swing for a few days. Also, really like the tech of this coin.
1st PT - 550 sats
2nd PT - 610 sats
A lot of room to run on the daily. Let's see some green!
Watching DGB Near ExplosionDGB have a great potential, Its now under accumulating, formatting an ascending triangle and MACD is about to cross
Entry point:
You can Join us now or wait for the break
Targets
0.00000555
0.00000624
0.00000740
0.00000817
Long time targets:
0.00000952
0.00001294
0.00002047
StopLoss:
Closed 1D under 0.00000282
DGB one more riseIt seems that DGB has found support around 420 satoshi.
From here one more run is possible.
I see the next resistance on 490 and 590 levels but if those are broken the next target is 800 satoshi
Digibyte - Looks Great on the Daily(Sign up for Binance in my signature below. Fees are 0.05% instead of 0.25% on Bittrex. Too bad DGB isn't listed there yet)
Another coin I know nothing about but a friend asked me to take a look at it and I love the price action on the daily.
Long term downtrend broken out. Daily giant red Kumo has been broken through, but price bounced off the 0.786 Fib at 630 sats and has since pulled back to retest Kumo resistance and Kijun at 365 sats.
Long Trade
Entry: ~470-485 Sats
Target: ~1050 Sats
STOP: 309 Sats
Risk-to-Reward: 4.0
DGB could do better than this when it breaks out, but in the meantime, it's good to have a conservative target that leads to excellent gains.
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DGB-BTCThis is my thoughts on #DGB if GOD wills it will hit the 900 levels or maybe even more if the few next days ... well i hope so lol
always remember : this is just an opinion it might be right or wrong only Allah knows what might happen.
if you had anything to say .. please comment