Digibyte
180 days breakout (bullish reversal)1) 180 days downtrend breakout;
2) Price increasing fast above EMA 50;
3) RSI holding above 5;
4) MACD going up;
EXTREME BULLISH CHART!
First small resistance: +- 145 sats
Strong resistance: 200 sats
DGB FIB CHANNELsince there is a large piece of DGB chart history missing, I took the time to research the date and price for the fib channel anchor points that occurred in the 2017/2018 bull run
targets are pretty attractive after the high of .13 gets taken out
currently sitting on the 200 dma (7 month ma in black)
this is not financial advice
just a look at the possible fib targets that digibyte has available to it
Digiybyte may complete the Gartley move for upto 226% rallyHi dear friends, hope you are well, and welcome to the new update on DGB .
On a daily time period chart, the priceline of Digibyte with BTC pair can complete the bullish Gartley pattern, and soon it will be entered the potential reversal zone. On breaking down the exponential moving average 10 the move will be confirmed. The EMA 21 is at the potential reversal zone.
This trade has a huge profit possibility up to 226%, and the loss possibility is 39%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Big potential on DGB🚀Miss me, wolves?🔥
One more altcoin wants to give money today.
DigiByte is a modification of Bitcoin which aims to diversify security, speed and capacity possibilities.
Its first incarnation was as an open source blockchain and associated cryptocurrency, DGB. The network has five separate algorithms which help to maintain security and help prevent ASIC miners from commandeering too much power.
Interesting, right?
Symmetrical triangle on DGB/USD with strong bullish sentiment before. Small frame means instant result in your track records. That's why lets follow the chart and look for the breakout point carefully.
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Digibyte above EMA 501) After 120 days closing below EMA 50, Digibyte is turning to bullish, above EMA 50.
2) Neutral MACD, going up.
3) RSI holding at 50+.
1st target: 100 sats
2nd target: 125 sats
No. You are not late to join.
It's still VERY EARLY!
Digibyte Reversal1) After 120 days, EMA 50 / EMA 200 crossed, turning DGB to bullish;
2) Neutral MACD, going up;
3) RSI holding at 50+;
4) Beautiful ARC almost done.
1st target: 100 sats
2nd target: 125 sats
Digibyte: Did You Buy It?Believe it or not this is where DGB is going.
Unfortunately, long-term data as it relates to USD is absent from Tradingview due to the poloniex delisting. However, with a bit of due diligence you can find the missing data from other sources. My guess is that if long-term data for this coin was currently circulating this site, the price of DGB would be already much higher at this juncture.
Also, you can basically ignore the timeframe here, as I had to make some adjustments just to paint a long-term picture here.
A simple fib-extension from $0.0002 back in March 2017, up to DGB's all-time-high @ $.14 (in 2018), mapped back to DGB's bottom of $0.0026 (in March 2020) will give you this chart.
Digibyte has so much room to run. This is just the beginning. I'll map out some future price points below as it relates to market cap.
Marketcap -------------- Price
$1.3 billion -------->> $0.093
$2 billion -------->>> $0.14
$3 billion -------->>> $0.21
$5 billion -------->>> $0.36
$10 billion -------->>> $0.72
$14 billion -------->>> $1.00
(As usual, this is not financial advice ;)
Is this a turnaround for DGB/BTC?After it has broken out of the downward trend, DGBBTC looks like it took a turnaround. Note the increase in volume. First target around 140 sats.
DGB/BTC Potential +300% ProfitLooking at the weekly we have been holding the bottom support for years now. We had a little run up that bounced off the previous red support (turned resistance) and retraced back to the long term support and double bottomed more or less (hopefully). We are looking close to a MACD cross as well. I am expecting another run up to the red resistance, possibly where it coincides with the horizontal dotted resistances. If we just hit it again it'll be roughly a 300% profit.
DGB has always been a coin I have thought was extremely undervalued, although that could be due to lack of marketing and hype. Regardless, it looks like a good risk/reward to me.
This isn't something I expect to happen overnight btw. Just a coin I put a bit into for a long term trade.
Disclaimer: I am not a professional. Trade at your own risk!
DigiByte... What Would You Tell Your Kids If...DigiByte (DGBBTC) is looking great right now, especially if you compare the chart to how it was looking two weeks ago.
Imagine going into the future....
What would you tell your kids if they asked why you didn't buy crypto in its early days...
What about Siacoin and those other altcoins that are bottomed and yet to move?
This is just a joke of course, but what would I tell myself if I fail to buy knowing again that the price will move?
Enjoy the bullish market.
Remain patient, do not get excited.
Take your time to make every single decision.
If one opportunity is lost, wait patiently because another one will show up.
Wait for prices to be stable; buy around the lows and support.
Do not join when there is strong action ongoing, to either side, it is better to have a strategy and be prepared before trading anything at all.
This is Alan Masters...
Thanks a lot for your support.
Namaste.
DigiByte - Hypothetical WedgesSo far only the falling wedges has came to fruition
The broadening wedge can be established from previous price action within the falling wedge
Alike with the Rising Wedge
We can use these wedges to establish a TP in the short term - medium term.
Looks very stable at this price level
Entry is appropriate for medium term
EMA 50 x EMA 200 is ready to cross!1) After 117 days with EMA 50 below EMA 200, #DGB is ready to cross;
2) EMA 50 above EMA 200 turn $DGB to bullish;
3) RSI holding strong on 50+ level;
4) Neutral MACD;
Big movement coming!
Put your seat belt on
Digibyte the final chart & trade setup.I still remember back in 2017 when I was screaming all over DOGE & DigiByte are the leaders of a new generation, and yes I remember when I was mining DOGE in 2013 with short money to pay electricity while 8 rigs were heating up in the cold winter.
I always look for historical stuff, and #DigiByte for sure is one of my favs , and since I've seen #DOGE doing his thing in the last few days, I came to the conclusion that #DigiByte is next.
I do have the same feelings for #SC, you can find the setups I've posted, but #DigiByte is way above it.
That's why here you have the easiest chart and trading setup for this year.
If you find this helpful make sure you don't miss it.
Feel free to comment & follow for more ideas!
EMA 50 x EMA 200 almost crossing!EMA crossing will turn 4 hour chart to bullish mode (REVERSAL point).
We don't see EMA 50 above EMA 200 since October 2020 (110 days).
Digibyte holders have waited so long for this moment. :)
Enjoy