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.
Digibyte
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
DGBUSD Buy Signal if break-out occursPattern: Ascending Triangle on 1D.
Signal: Bullish only if 0.0134 breaks upwards.
Target: 0.0020.
Digibyte flirting with 2018/2019 low - support and bounce?If BTC's expected grind down continues, DGB is due to hit its 2018/9 Low . This will likely occur in the next two weeks and with the Stochastic RSI primed this event brings with it two distinct possibilities:
DGB bounces back up 50-70%, such as the recent Nov and Dec bounces
DGB cannot find support and sinks lower, likely at least 20% down, creating a new 2018/2019 low
Either way, it would not be wise to enter a trade until we see how DGB responds to the 2018/9 low... but should a bounce occur, a well-timed entry could prove very profitable indeed.
Remember: always always have a stop-loss; a trailing one if possible.
Links below to the combined RSI/Stochastic RSI and 50/100/200 Moving Average indicators.
Please give me a thumbs up and follow me if you found my analysis interesting.
This is for educational purposes only and not a recommendation to buy or sell.
DigiByte ($DGB) - up to 1045% PPT! Long term trade.$DGB is entered a strong support zone in the green box also price is showing bullish divergence on daily RSI and MACD.
Price is reached 2 years support line (yellow).
$DGB is a great project with big community support and decent PPT.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
DigiByte Ready For The Next CycleWelcome Back!
Today I made an update on Youtube detailing 3 coins i felt were ready for a new cycle. DGB was on that list.
With that being said, let's dive into this and see what is in store for us!
Taking a look at the daily chart, We have finished the 3 step process I look for when finding a profitable market cycle.
What you want to see first is always Capituluation. Capitulation happens after the bear crash after the parabolic trend has broken. With Alts, this usually means at least a 75-85% correction..
Capitulation occurs once the retail investor has sold all his positions he accumulated during the parabolic run up. These are the investors that lose!
Next comes Accumulation/Distribution. Usually this is where you start to see people taking positions and laddering in after the crash. Many think this is the bottom however, its often not that simple.. Lastly, we have the final sell off. This occurs once support is broken and we fall for one more lower low. This is where smart money takes large positions before the eventual hype cycle to follow!
After analyzing DGB's cycle its becoming clear to me we are at the final sell off thats ready to spring load this market to new ATH's.
Pack your bags fam, this ones ready to rip!
God Bless, JolleyCrypto
There is a possibility for the beginning of an uptrend in DGBETHThere is a possibility for the beginning of an uptrend in DGBETH
Technical 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 48.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00016500 to 0.0000686). 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 (0.0000686)
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
Digibyte DGB / USD - Gann Formula Digibyte is fundamentally strong, super fast, and one of the oldest blockchains around. It's taken a hit along with the rest of the market and is now flying under the radar. Please use this IDEA for confirmation of your own charts and ideas only. There are some nice markers and lines that fit.
Symmetrical Triangle in action... Big picture:looking at a symmetrical triangle.
Right now sitting at a support line,so I expect it to rise into the upper trendline of the triangle or at least 300sats.
EMA50-EMA100 and EMA200 are between here and target so be careful.
Wait for Buy signal from UCTS $digibyte
#Digibyte - let's catch a knifeI'm back again with another perilous knife-catch attempt. My last few trades have either turned the smallest of profits or a very slight loss as I'm running some tight stops with these trades given market conditions.
Digibyte is now back at a key support level, having made a steep decline today and I would love to see a nice bounce from here. A surge to around 300 sats would take us to a previous area of support.
Come on $DGB, bring me an early Christmas present!!!