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Digibyte

You give me joy joy, DGB/BTCFriday 13th!! Last month Digibyte got my attention upon our trader friend Alan Master's call. From the day I looked at this chart, dgb only gave me joy, joy down to my soul. I sold the profits that I made (Namaste) but kept the original position, so I'm very interesting in what's going on with Digibyte in the crypto-markets while I'm getting ready to buy more. Well, looking at the daily chart and setting only a few indicators to keep it simple (and also because I'm not pro), this altcoin is bullish all the way. A small bounce could be spectated in order to squeeze up one more time, though the retracement shouldn't go lower than .00000550 DGB/BTC. Makes sense that volume is now on the bearish side, decreasing after the other days' high. On the other hand, and to make this chart more attractive, the 20-EMA crossed above the 50-EMA a week ago and both are detaching interestingly from each other, adding strength to this over-all bullish momentum. It seems that DGB wants to run higher. So if I'm not too stoned we are in an consolidated up-trend and, maybe, after this bounce which is natural and healthy, the up-trend will resume and looking very good. I think I'm waiting to see if the price brakes out the .00000620 resistance and go long again. Suggestions needed. Peace.
D
by Oboogie
2
Digibyte in a correction mode#Digibyte has been on a roll recently. Two weeks ago, the coin created a false break down when it pushed below the multi-week trend line but then raced higher and closed above the trend line. Since then, the coin pushed all the way to 0.00000690 but it is now retracing and looking for a healthy correction. The current move down will allow the bulls to take a breathe and facilitate more support for the next leg higher. After reaching a recent high, the coin immediately returned back to test the 38.2% Fibonacci support of the last move higher. The coin then returned higher but failed to create a new high which ultimately resulted in a creation of a lower high. The multiple lower highs created on the H1 chart show us that the coin may continue to rotate back lower until it reaches more support from the bulls. This can happen around 50% Fibonacci support that also coincides with the horizontal support. Just below, we have the 61.8%, key Fibonacci support. I would suspect that this block of support levels will be enough for bulls to gain more support and push higher. A new push should at least test the previous high around 0.00000690, but a break might be on the cards here. The next target would be layers of Fibonacci support - 78.6% and 88.6%. Ultimately, the level to watch on a higher time frame is the previous one-year high. If one is looking to enter a long trade, then a stop should be placed below the 61.8% support, around 0.00000400 level.
by WhaleAgents
3
DGB Count Option 2 as Discussed in TFC Live StreamHere is out option 2 for DGB from the live stream and group call. This ascending triangle is crucial and should give us the break we need to propel us into that impulsive sub wave 3 (minute). That sub wave should find resistance at the prior wedge line resistance but we can break above it on the 5th and final minute sub wave. Our primary wave 5 would then complete with supercycle wave 3 the 1.618 extension. However, if we don't have enough power from the consolidation in this current formation, we'll break down and I'll invalidate my count and most likely recalculate with a WXY combo retracing to the .5 fib as pictured. TBD. Good night! Trade safe my Padawans!
by jessesfeinberg
Digibyte - A Bullish TrendHello and thank you for checking out my charts. Although most of my money is invested in the larger market cap. cryptos I do own quite a few other smaller market cap. cryptos also. One of the small cap. cryptos that I am very bullish on is Digibyte. In my opinion, it has been one of the strongest cryptocurrencies as of late, it has shown strength even when many other cryptos were falling, including Bitcoin. I like the price chart which shows that DGB has been in a consolidating trading channel for about six months. To be honest I have no idea how long DGB will continue to trade in the channel, at this point I really don't care as I consider my position in DGB to be a very long-term position (years). I have been adding and will continue to add to my position especially on any pullbacks, ultimately I am looking at a minimum position size of 50,000 to 100,000 depending on future purchase prices. In my opinion, DGB looks even better when compared to Bitcoin (see chart below), DGB is forming an upward sloping symmetrical triangle and has just pushed above what I see as a pretty strong resistance zone that extends from around .00000500 up to .00000600.
BITTREX:DGBUSDLong
by Bigsky_Crypto
5
DigiByte Rejecting Support - What Next?Recently DigiByte found the support at 88.6% Fibonacci retracement. It has been trading there for 4 consecutive days, and although it tried to break below, daily close always stayed above that level. At the same time DGB/USD reached the bottom of the descending channel and for the past 4 days price has been steadily moving up. Now DigiByte is approaching the 88.6% Fib resistance, that corresponds to the upper trendline of the descending channel as well as 50 Moving Average.  So, the $0.027 could be the key resistance level that could help to determine further price direction. Break above should result in the uptrend continuation, although the corrective move down first is likely. But on the other hand if resistance is rejected, DGB cold move down towards $0.02 support to form a double bottom and potentially even lower.
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by CryptoPAMM
DigiByte vs Bitcoin Uptrend ContinuationDuring the past few weeks, Digibyte has been one of the top gainers. After it found the support at 296 satoshis, which is 76.4% Fibonacci retracement level, price jumped up to 685 stoshis and has managed to outperform the Bitcoin by 130%.  Current small correction resulted in a drop towards 540 satoshis, where price found the support at 38.2% Fibs, also rejected cleanly so far. It DGB/BTC stays above that level, without daily close below, the uptrend continuation should take place.  Next upside target is seen at 786 satoshis, the level which previously acted as the resistance level on two occasions. Break above that resistance might suggest a potential trend reversal sending price to the new all-time high. Nevertheless, if the current support at 540 sats will be broken a stronger corrective wave down should be expected, which should provide a good medium term buying opportunity.
DLong
by CryptoPAMM
2
Digibyte - DGB - just made 100% in 2 weeks!Hi Guys! As we described this coin 3 months ago in our analysis “DIGIBYTE (DGB) - 3100% Earnings Possible” – Seriously we have finally a massive break out. 100 % in just 2 weeks and this is not the end of the story as we still have no supply and lots of demand. Guys Digibyte is a great project. So short summary of what actually is. This is the most decentralized cryptocurrency in the world - 190 000 nodes. 5 mining algorythms. Real-time diffiuclty adjustment. 15 second block time. We tested the speed of the transfer - From exchange to cold wallet less than 30 seconds. 560 transactions per second. Strong team with strong leader - Jared Tate hk.linkedin.com Many exchanges where you can buy DGB (Poloniex, Bittrex, OKEX, Cryptopia and many more). Faster, cheaper than BTC , BTCcash, Litecoin - steemit.com Technical analysis details: Double bottom formation observed Just crossed 0,5 at Fibonacci extension MACD – very positive, strong trend with triple bottom Wave – lots of demand and no supply so far CMF - Chaikin Money Flow - very high demand on price Fibonacci scale: 1. 0.00000400 (achieved) 2. 0.00000510 (achieved) 3. 0.00000599 (achieved) 4. 0.00000687 5. 0.00000813 6. 0.00000974 We may expect to have higher levels as those back in June 2017 when DGB obtained 2500 satoshi. Waiting so long for such levels may take time and it is very risky but may pay off. For the tim e being observe Weis Waves and level of 800st. We will post update regarding this trade. What do you thinks guys? Please do share your thoughts in the comment section. Thank you for reading this! Don’t forget to follow and like. :) Hugs! Your WBM Team
DLong
by WBM_Team
4
DigiByte Key Support/ResistanceOn the 6th of November, DigiByte did hit the low at $0.022, where it rejected the 88.6% Fibonacci retracement level. Since then price price went down again, producing spikes below the previous low. However no clear break and close below has been established by DGB. The interesting fact is that DGB/USD is once again tested this level yesterday, and it has been rejected cleanly. Nevertheless, there is also a resistance established at $0.032, where the downtrend trendline has been rejected. If the support will hold and price will break and close above the $0.038, the change in trend could take place, where DigiGyte could produce a new all-time high. The very strong resistance is seen at $0.185 area, confirmed by the two Fibonacci retracement levels. On the downside, it seem that break and close below $0.016 could invalidate the potential reversal and the downside pressure would become much more obvious.
BITTREX:DGBUSDLong
by CryptoPAMM
What is going on with Digibyte?I have an open trade on digibyte.Digibyte pulled some expected moves not negatively but postively.But I want to know why.What's going on. In this idea were going to talk about what may have caused digibyte to lit very greenly is this a sign of a new rally.Why did my other idea on digibyte didn't go as expected. I was analyzing the weekly chart of digibyte ,I have encounterd something interesting. What if the we are in the middle of a rally that started in march and now it's finishing the last touches. That would explain a lot In this picture you see the elloit 5 waves The first wave was very short so that's why wave 5 was extended that explains why digibyte was lit very greenly and do you remember that drop from 500 sats to around 310 sats I do. Do know what caused it? The correction of wave 2 to was short and retraced not a lot. It when from 283 sats to 250 sats and compared to the drop from (wave 4) 500 sats to 310 region. Next time remember when a correction is over very fast and the rally resume you know there is a deep retrace coming.If we resume and this rate 700 sats doesn't sound strange in the ears.Let's see and wait Taking profits on the way never hurst(mostly) I will keep you update daily
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by Sir_DURZO
9