Can DGB do another 90% drop? VERY possible. We are riding too close to this support level, and if we crash through it there's nothing to hold it up anymore. That is a HUGE gap to fill.
I am not predicting this will happen, but for all you hodlers out there, DGB has not done anything this year except drop in USD and BTC. Now that everything is dropping it could tank even more, so buyers beware. This is still risky IMO.
Now there's also a chance we completely blow out of the water on this one since it still hasn't shown us any action this year. I still worry though, look at that nonexistent volume over the last many months. Up to you to decide.
Digibyte
Is DGB fueling for a massive explosion in 2020Longer fractal patterns on DGB could supply the fuel required to take it to extremely high levels.
DGB SleeperI don't think DGB gets enough attention despite the community's great work, so I'll go ahead and point out that it's up 44% since its low and has made a very clean set of higher lows along that journey. Worth a read if you haven't looked into it yet. Very trade-able price action if that's your thing and tremendous risk:reward setup if you think the project has long term potential.
DGB (Digibyte) Leaving The Station..!!$DGB #DGB (Update)
- Forming Falling Wedge In Daily TF.
- All Indicators Turning Bullish.
- Coin With Huge Community
- $DOGE & $DGB Both Looks SIMILAR In Daily TF Charts.
- Keep Your Eyes On It..
Hit Like For Support & Motivation.
Thanks
DGB TESTING 200 MAback for a test at the 200 MA
the markets offering traders many opportunities in a long drawn out test of the trend change
Bullish divergences in DGBMostly presented without comment. DGB had MASSIVE gains last time the charts were oversold like this on the larger timeframes. There's slight bullish divergence that looks like it did before reaching 13 cents. Is this too good to be true?! I mean, alts are eventually going to have to catch up, and DGB could be the perfect put since it has a LOT of room to fly (presuming it's not dead). Lots of other coins could be reaching short term limits being overbought already. This may convince me again of DGB. But still, it would probably be a shorter hodl than my LTC and BTC bags.
DGBBTC a bearish shark move | Upto 780% or more profitThe price action has formed a bearish shark from X to C leg.
Now the priceline has entered in potential reversal zone and we have pivot 1st support withing this PRZ area which will push the up to hit the sell targets soon insha Allah.
Volume profile is also showing very poor interest of traders in this area.
The targets are:
Buy between: 0.00000168 to 0.00000001
Sell targets:
Secure sell targets:
Sell between: 0.00000338 to 0.00000694
Aggressive targets:
Sell between: 0.00000808 to 0.00000969
DGB UPWARD SLOPING REVERSE HEAD AND SHOULDERSa powerful pattern is forming on DGB
bears failing to make new lows
breaking the neckline on an upward sloping H&S pattern could trigger rapid price increase
volume is exactly as needed for pattern completion.
a strong move is likely when the neckline is broken
DigiByte Price Analysis DGB / USD: Powering UpFundamental Analysis
DigiByte price is pumping after the partnership announcement with Netherlands-based company V-ID. In cooperation with V-ID, DigiByte is launching a new ID verification tool that will validate and verify the authenticity of social media profiles. The tool will also help to further increase awareness and adoption of the DigiByte Blockchain.
DigiByte / USD Short-term price analysis
Digitbyte has a bullish short-term trading outlook, with the cryptocurrency rebounding back above its 200-period moving average on the four-hour time frame.
The four-hour time frame is showing that a complex inverted head and shoulders pattern has formed, with the DGB / USD pair testing back towards neckline resistance.
Technical indicators on the four-hour time frame are bullish and continue to issue a strong buy signal.
Pattern Watch
Traders should note that the DGB / USD pair could target the November 2018 swing-high if the bullish pattern is fully ignited on the four-hour time frame.
Relative Strength Index
The RSI indicator is also bullish on the four-hour time frame, although it is starting to correct lower.
MACD Indicator
The MACD indicator is bullish on the four-hour time frame and is continuing to generate a buy signal.
DigiByte / USD Medium-term price analysis
DigitByte has a bullish medium-term outlook, with the cryptocurrency testing towards the upper end of its yearly trading range.
The daily time frame is showing that the DGB / USD pair is trapped within a rising price channel, with buyers attempting to make a much-anticipated bullish range-break.
Technical indicators on the daily time frame are rising and are starting to issue a buy signal.
DGB / USD Daily Chart by TradingView
Pattern Watch
Traders should note that if a bullish range-break occurs the DGB / USD pair could test towards the October 2018 trading high.
Relative Strength Index
The RSI indicator remains bullish on the daily time frame, although it is attempting to correct lower.
MACD Indicator
The MACD indicator on the daily time frame is rising and is starting to issue a buy signal.
Conclusion
The latest move higher has been unable to change the technical dynamics for DGB / USD pair, with the cryptocurrency remaining trapped within its established range.
If bulls can ignite the large bullish pattern on the four-hour time frame, the DGB / USD could finally make a much-needed medium-term range break.
DGB - historical perspectiveSome perspective on what some altcoins like DGB could do in the near future. Honestly I am growing a bit skeptical on new higher highs vs BTC since BTCUSD is going to be quite valuable by then but ATH area should be reachable.
DGB TRIGGEREDdigibyte experiencing large volume inflow
expecting this to break up through a reverse H&S pattern
could be visiting the the old highs in the coming days
not trading advice
#DGB : Upto 300% Profits Opportunity In The Mid Term. #Accumulation_Recomendation
Pair : #DGB / #BTC
Platform : #Binance
RSI : 49
Volume : A good amount of volume circulating on the 1D chart.
**Note : #DGB was on a downward trend for such a longer time and tried to make a reversal move on Mid May which was once again rejected and goes down to the lowest points. For now it showed a very good bullish candle stick formation and seems to be breaking the falling resistance line depicted by red line. If it can continue to and close above the red resistance line it will be a confirmation for a reversal upward trend and a beginning of an elliott waves creation. MACD seems to be returning to be bullish and RSI is already in a bullish state. Further EMA is looking bullish too in favor of the bulls for now.
Current Accumulation Area : 150 sats - 165 sats
Distribution Targets
Short Term :
Target 1 : 177 sats
Target 2 : 195 sats
Target 3 : 210 sats
Target 4 : 238 sats
Target 5 : 251 sats
Target 6 : 273 sats
Mid Term :
Target 7 : 308 sats
Target 8 : 421 sats+
Stop Loss : 124 sats
Risk : High
Capital Allocation : 5%
DigiByte Due For 67% to 86% IncreaseTrading Pair : DGB/USDT
Exchange: Bittrex
Key Support : 0.0113 - 0.012
Key Resistance : 0.015
Primary Target : 0.02 - 0.021
DGB PERSPECTIVE ON CURRENT SITUATIONafter many tests of the channel tops and bottoms
and a few failed breakouts/breakdowns
DGB is testing life outside the channel
with 50 DMA moving above down slope limits
DGB SIGNALING PATTERN CHANGEDGB price is signalling a return to higher trading range with 50 MA pushing through down slope limit
DGB 4th attempt at 18 MOVING AVERAGE OF LOWSDGB taking the 4th shot at breaking through the 18 month moving average of lows
I am thinking a higher probability of succeeding this time
DGB TESTING SUPPORT AT .015testing and confirming support at .015
this has been long term resistance
next resistance would be at .025
DGB 18 AVERAGE OF LOWS & HIGHSbounced off the 18 AVERAGE OF LOWS
HOLDING OVER THE 18 AVERAGE OF HIGHS
it very well may be bouncing up against .05 by the end of this candle
we shall see
DGB COMING UP FOR AIR - TESTING .015finally broke over .015
above 50 DMA
above 200 DMA
50 DMA crossing 200 DMA
looking to hold the .015 on the close today
Extremely bullish on DGB kindaAlmost presented without comment. But basically, last 2 times we saw a monthly "buy" on the market god indicator, thousand+ percent gains ensued in subsequent months. It's about time, too. I am still in disbelief on this one after the bull market, but the community behind DGB is strong and almost relentless, so I'm just gonna keep my bags packed. I'd add more if it weren't for personal extenuating circumstances.
Digibyte | $DGB - $DGBUSD | Are you ready for >$1 ?Exactly the same pattern from history. Will it repeat? If so we are above 1 dollar soon :)
WATCHING DGB 50 MA FOR A BREAKOUT watching for DGB to break the 50 MA
next leg up could last for weeks
