Digibyte
DigiByte (DGBBTC) Wakes Up (1360% Profits Potential To ATH)DigiByte (DGBBTC) just woke up after a long, long sleep. This altcoin is one of the first to be created and a complete classic.
It normally holds really strong (no new low) and it tends to go up strong when in bull mode.
Feel free to hit like now and let's get started with this analysis... Thanks a lot for your continued support.
Let's take a closer look at the chart:
Here we have a Doji on the weekly time frame, coming up at the bottom of a trend. A clear trend reversal signal if you go by candlestick reading. Still, a few parameters need to be met but this is the signal.
We are looking at a high volume bar on a Tuesday, this is the weekly time frame we are looking at and the week is only getting started. So this week can end up being a really high volume week. We can end up with something like the highest volume in a week since July 2018.
Next is the RSI, it hit its lowest ever. Notice that DGBBTC has been available for trading on Bittrex since late 2014... So the lowest ever is quite a feast. Here you can see the chart:
This also leads to what is called "hidden bullish divergence"... I'll leave the explanation for another time.
These signals are enough for me. What about you? Is there anything that you want to share with us? Use the comments section below... and remember to hit like to show your support.
Thanks a lot for reading.
You are Divine, in every meaning of this word.
Namaste.
DGB 3- Peak Descending Channel, Breakout Confirms #ALTSEASONDGB/BTC Daily Chart appears to be breaking out of a descending channel.
1st. Target at 232 (previous support).
2nd target: 300+, top of descending channel
This would potentially complete a 18-pennant in the making.
Channel breakout with sufficient volume confirms long position. SL @ -3% penetration of channel support after breakout.
Digibytes Future? $8-$10 - Double Bottom just like May 2017
Repeating the same patterns, could POLONIEX:DGBUSD hit $9-$10 end of the year or Jan 2020?
There was a double bottom before May 2017 when POLONIEX:DGBUSD went parabolic. Then another spike in Dec/Jan after a rounded bottom formed. (I already had a buy signal before McAfee tweeted from Dalin Anderson)
Similar parabolic wave pattern in 2015/2016 as well without the double bottom (cause it was a new coin)
There's also talk about DGB being part of the Block 30 ETF
A trading opportunity to buy 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 28.
.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00006540 to 0.00006070). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00006540)
Ending of entry zone (0.00006070)
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 the 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= @ 0.00007720
TP2= @ 0.00008310
TP3= @ 0.00009030
TP4= @ 0.00010340
TP5= @ 0.00012210
TP6= @ 0.0001458
TP7= Free
A trading opportunity to buy 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 28.
.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00006540 to 0.00006070). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00006540)
Ending of entry zone (0.00006070)
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 the 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= @ 0.00007720
TP2= @ 0.00008310
TP3= @ 0.00009030
TP4= @ 0.00010340
TP5= @ 0.00012210
TP6= @ 0.0001458
TP7= Free
A trading opportunity to buy 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 31.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00016500 to 0.00013250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00016500)
Ending of entry zone (0.00013250)
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 the 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= @ 0.00007720
TP2= @ 0.00008310
TP3= @ 0.00009030
TP4= @ 0.00010340
TP5= @ 0.00012210
TP6= @ 0.0001458
TP7= Free
A trading opportunity to buy 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 31.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00016500 to 0.00013250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00016500)
Ending of entry zone (0.00013250)
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 the 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= @ 0.00007720
TP2= @ 0.00008310
TP3= @ 0.00009030
TP4= @ 0.00010340
TP5= @ 0.00012210
TP6= @ 0.0001458
TP7= Free
DGB - ORDER VOID - FILLNotice the volume here. I've posted about this before on Twitter. This is what happens when a LARGE buy order is placed and there is not enough sell orders to fill it. The price must range up and down along the center line. Often this bring over reaction, FOMO , overbought, oversold. Knowing this can really set you up to setup a plan. Pay attention to the color of each line and shape.
#DGB #DGBUSD #DGBBTC $DGB $DGBBTC
DGB Getting Ready for Big Move Hello Everyone Hope you are making good profit from my signals
Here is another signals for you hope you will get good profit from this call
DGB Bounced from .618 level also we have strong support at MA50
Morning Star Candle Spotted which is a reversal sign
we can also see Golden Cross Soon which is a indication of big bull rally
Current Price 309
Buy Between 295-310
Target 325
Target 350
Target 375
Target 420
Target 470
Stop Loss 275
Crypto market is not gving upHave you noticed about the big support that this trendline from 2015? Should we see 6k levels again soon? You never knows but things looks good in April. I doubt that Bitcoin could go to 6k, but if Bitcoin continue growing you´ll see a really crazy month.
Now we have to break the resistance in the big triangle in Bitcoin formed from December 15th. If that triangle breakout with strength, be ready for a bull month.
Litecoin! Will History Repeat?! LTCLitecoin! History repeats until it does not.
Note Litecoin 2014-2015 vs Litecoin 2018-2019
Three Peaks
A low, turned (quasi) descending triangle
Fallout, with rounding bottom, corresponding with RSI oversold to overbought rotation
High, followed by a big drop into consolidation for next bull run ??
The similarities are undeniable. What remains to be seen is if the history keeps repeating. If history does continue to repeat, it is conceivable to see a mini blow off top in the last few weeks of March. Or even a top near current levels could go along with the structure.
Looking at 2015, when the 50 MA crossed the 70 MA, the high was set within 1 week, before the descent into a long accumulation. Now in 2019, the 50 MA will cross the 70 MA on this current candle.
In either case, there will be more lows, more consolidation, and more attractive prices to buy litecoin in the future, not now....IF history repeats.
So what do you think about Litecoin? Will History repeat?
A trading opportunity to buy 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 49.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000771 to 0.00006860). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000771)
Ending of entry zone (0.00006860)
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 the 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= @ 0.0000903
TP2= @ 0.0001034
TP3= @ 0.0001221
TP4= @ 0.0001458
TP5= Free
DGB TIME CRUNCH 3DDigibyte chart showing highlighting the forced movement down along with BTC and the crypto market. It was brought to my attention it looks like a z axis added and this concept may show a Z axis pivot to tether the price to BTC.. Just an idea. #DGB