DGB could get hugeDigibyte could get huge during the next week.
55 EMA and 200 EMA got together forming a good support.
RSI still has room to go up.
MACD is changing direction.
There's room of 17% profit when it tests the 21 EMA resistance again.
But it could be a joke breaking it if we consider that Digibyte has a few interesting new features that should be out in Q1.
Not a financial advise, but DGB is looking good after a hard bottom. Just take a look at charts and read news about them.
Digibyte
DGBBTC : Falling Wedge on classical support and resistance Zone.DGBBTC : Falling Wedge on classical support and resistance Zone.
1 Day Time market is Bullish Confirm.
Weekly or Monthly trend Bullish Not Confirm yet.
Market need to test At-least Main bottom.
I have Highlight in green where market has tested our Main Bottom But
I am not happy with that Crash still Need to wait for major trend Confirmation.
DGB Digibyte DGBBTC Trade Setup 1D TFDGB seems respected to the last waves fibonacci extension levels as 0.618 and 0.5. I predict price will respect 0.786 extension level as well, bounce from 61 sats area. Due to this fibonacci study, target will be retest of 0.618 level but in reality some price action resistances are on its way. After Poloniex exchange delists digibyte, it's now trading at Bittrex exchange with high volume.
DigiByte Hits Support & Challenges EMA10 | Where To Next?DigiByte (DGBBTC) is one of the strongest and oldest cryptocurrency projects around, solid as a rock.
DGBBTC went on a strong retrace recently and finally hit support.
The support that has been hit is a very strong one, marked on the above chart with a blue dashed line.
Notice that even though this support has been hit multiple times, each time the candle close happens above the dashed line, leaving a long wick. After the support is confirmed we end up having a bullish wave.
Just three days ago this support was confirmed and now we have DGBBTC moving above EMA10, signaling bullish potential. Based on the signals mentioned above, this can be the beginning of a new bullish wave.
Targets in the form of Fib. proportions and EMAs can be found on the chart.
Feel free to leave a comment if you have any questions.
This is Alan Masters, thanks a lot for your continued support.
Namaste.
There is a possibility for the beginning of an uptrend in DGBETHTechnical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000040 to 0.000036). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000040)
Ending of entry zone (0.000036)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000460
TP2= @ 0.0000530
TP3= @ 0.0000604
TP4= @ 0.0000767
TP5= @ 0.0000899
TP6= @ 0.0001031
TP7= @ 0.0001219
TP8= @ 0.0001459
TP9= Free
There is a possibility for the beginning of an uptrend in DGBETHTechnical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000040 to 0.000036). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000040)
Ending of entry zone (0.000036)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000460
TP2= @ 0.0000530
TP3= @ 0.0000604
TP4= @ 0.0000767
TP5= @ 0.0000899
TP6= @ 0.0001031
TP7= @ 0.0001219
TP8= @ 0.0001459
TP9= Free
Bitcoin -What'd I tell you about looking at 1 minute candles?
People. Please, stop looking at 1 minute, 1 hour candles, and fudding.
Bitcoin broke past the cups rim, went much higher, and now has been simply retracing to it's main support line, around $6000, it shouldn't go much less than that. Once we hit 6K, I believe we will have some consolidation there, which will prepare us for the 3rd wave up, taking us to 20,000k and beyond.
...Once we break past 20,000k , then alt season begins.
There is a possibility for the beginning of an uptrend in DGBETHTechnical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004050 to 0.0000360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004050)
Ending of entry zone (0.0000360)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000460
TP2= @ 0.0000530
TP3= @ 0.0000604
TP4= @ 0.0000767
TP5= @ 0.0000899
TP6= @ 0.0001031
TP7= @ 0.0001219
TP8= @ 0.0001459
TP9= Free
There is a possibility for the beginning of an uptrend in DGBETHTechnical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004050 to 0.0000360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004050)
Ending of entry zone (0.0000360)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000460
TP2= @ 0.0000530
TP3= @ 0.0000604
TP4= @ 0.0000767
TP5= @ 0.0000899
TP6= @ 0.0001031
TP7= @ 0.0001219
TP8= @ 0.0001459
TP9= Free
Digibyte Elliott Waves DowntrendIn this chart I am trying to visualize an Elliott Wave market cycle of DGB/BTC with 5 waves pattern, and ABC pattern forming which is getting close to finalize close to current price range levels, anytime soon we expect a trend reversal with possible new targets. Digibyte had a lot of development during the bear market 2018-2019, and stands out with great fundamentals which can have a huge impact on $DGB price. Currently Digibyte awareness is at level of Ethereum in 2014, but the development of Digibyte is far ahead and looks like it's very forward and innovative blockchain network with best technological properties.
Digibyte to $150! Carefully shorting DGB, massive potential!Digibyte has hit this channel multiple times, each time has shown massive growth.
Bitcoin at $24,000 by January 20, 2020I predict BTC will surpass it's all time high by January 20, 2020, we've already hit our bottom, and BTC has been making it's way back up, it's always somewhat of a slow process at first, butas soon as we hit our all time high, we can expect slight retracement, and then a break above it's ATH. That's when it will really gain momentum.
Only those who are patient will reap their reward.
DGB BACK TESTED TRADE STRATEGYStacking DGB responsibly (not financial advice)
Apply 50% rule for purchases
- purchase initial position using half the amount you want to invest
- only ever purchase more if the price falls by 50%, using half of the remaining amount
- you have an infinite number of times to purchase
- apply the same formula to any new crypto position
Apply the 10% rule for withdrawals
- sell 10% if position does 100x
- sell 10% (of the remaining 90%) if it doubles from there
- sell another 10% (of the remaining 81%) if it doubles from there and so on
- you have an infinite number of times to sell
Specific example:
- lets say you had $1000 to buy Digibyte in 2016
- maybe you bought at .0008 in the bull run 625,000 ($500)
- in the next 15 months you would have bought 625,000 at .0004 ($250)
- and 625,000 more at .0002 ($125)
- you now have 1,875,000 Digibyte (cost $875)
- in 2018 you sell 187,500 at .04 ($7500) (100x average buy price)
- sold 168,750 at .08 ($13,500)
- now you made $21,000 by selling roughly 1/5 of your original $875 investment.
- the remaining 1,518,750 Digibyte has roughly never been worth less than $15,000 and for a very short window of time it could have been sold for $182,000 in addition to the $21,000 you made along the way.
- but now you have 1,518,750 DGB going into the next bull run.
Stack responsibly
Do you think DGB will 100x, 200x, or 500x in the next bull run?
DGB bottom Rounded bottom and support area with large volume . We are not seeing DGB with these prices for very long. Next 135sat
XRP Big Ending Diagonal. Correction almost over $10 soon! recent bounce only triple waves so it has to be corrective. If we dont break the green line/1D high value area of the VPVR then expect this ending diagonal to finish
Should be good to accumulate while it stays in this wedge. If it breaks out then HELLO BULLZooKA
DigiByte Breaks Its Downtrend | Manual Stop-loss Saved Us!DigiByte (DGBBTC) broke its downtrend on the weekly time frame (left) and printed a clear reversal candlestick (circled in blue).
We can expect for DigiByte to recover here and a start a new, strong and sustained uptrend... Yes, I am calling for a change of trend here.
DGBBTC hit bottom on a low wick at 15 satoshis.
If you follow "conventional" trading and had a stop-loss in place, you would get killed here and lose all of your money to this long wick.
We use what I call a "manual stop-loss" and only activate this based on the weekly candle close.
The same candlestick that hit 15 satoshis, ended up closing at 85 satoshis.
We have an active trade for DigiByte and our stop-loss is a weekly close below 82 sats... So for use we remain active, our funds are safe and we can collect profits up once the trend change.
Here you can read more about our manual stop-loss strategy:
Thanks a lot for reading.
Namaste.