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Digibyte / Bitcoin

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DGBBTC trade ideas

#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%
Long
by cryptotalk_et
DGB possible scenario 6/1DGB will probably move to the downside and create a double bottom prior to running up to the upper trend line and attempting a break out. Once the Breakout comes, it should go into a full bull run. Considering BTC appears to be coming down I believe that the alts could follow suit, optimum scenario would be for DGB to create an Adam and EVE double bottom then attempt a full breakout after that. I think if a breakout is attempted sooner it may fail to break out of the existing trend long term trend lines.
Long
by Xandolf
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.
Long
by AlanSantana
22
The Future of DGB (Possibly)Digibyte is coming to the End of a very long 2 year chart pattern, typically the end of this pattern results in a substantial bull run. I believe it would be very foolish to continue trading this coin for small gains and a Hodl Mentality should be taken for the next major run. The Tech Behind Digibyte is solid, Probably more so than most of the other alt coins. The DGB community is exceptional and solidly behind the development team. Although there are issues with Binance due to some history in the past with some very dishonorable activities on the part of Binance, and that CZ is to dishonorable to forgive, he has only hurt his business in the end due to DGB holders like me only using Binance for necessary trades when another option isn't available. Which means his company is losing money because of his actions. Not a good Business Practice at all, and it doesn't make Binance look good for its future if they continue down the same path that type of mentality. Presently DGB is at the Very Bottom of my trend lines and probably a good buy at its present moment for the next run. On top of being more oversold than almost anytime in its history, this is probably the best time to get into an asset that could potentially make you a lot of money very quickly.
Long
by Xandolf
5
DGB SHILL ALERTIt's crazy the one of the best coins out there is still under the radar. Mineable , decentralized, CRAZY FAST, secure, scalable, asset layer in the works, real word projects in use, DAPP layer, IOT, AI! ALL FOR JUST A PENNY! #1 - What is DigiByte? DigiByte is one of the older class of cryptocurrencies, witnessing some pretty rapid commercial adoption. It claims to be running the longest blockchain in the world, thanks to its faster block time. DigiByte : The Basics DigiByte is a decentralized digital asset and an open source based blockchain platform. The Digibyte cryptocurrency is denoted by the symbol DGB. Its total supply is 273.6 million DG tokens. DGB genesis block was launched on 10th January 2014. It was launched without Initial Token Sale. It uses a multi-algorithm approach that creates different proof of work (PoW) mining methods & increases mining capacity & hence, the accessibility to DigiByte mining pools. This prevents centralization and secures the network against a 51% attack. DigiByte Development Digibyte was developed by Jared Tate in 2014 who is also its lead developer. The DigiByte Blockchain is not controlled by any private company. The team regularly upgrades its system to add new features. The Digibyte team is developing a mining algorithm swap to make mining more decentralised. Its most awaited project is the “Core 4.1.3” protocol that will let users create and enter into the smart contracts on its blockchain. This could push the coin on a bull run. The team claims to be developing technology to apply DigiByte security to IoT devices & other communication services as well. DigiByte Technology DigiByte has 5 advanced mining algorithms that help maintain mining decentralisation. These 5 Proof of Work algorithms split the Digibyte mining operations and mining power to facilitate secure transactions. The load on the 5 mining algorithms is rebalanced using MultiShied technology. This adjusts the difficulty of all the nodes to avoid the domination of one algorithm over another and manipulation of smaller blockchains. Segregated Witness technology provides scalability by making the ledger size more compact. It also enables cross-chain transactions and single confirmation transactions. DigiByte software has three layers: Core Communications & Global Network links all the nodes on the network and allows basic data transfer between nodes and other layers. A Public Ledger & Digital Assets store the data on DigiByte’s network and protects against data manipulation. The Applications layer is Digibyte blockchain’s top most layer. It is DGB’s user-facing part which enables transfers & API. Users can build and host both decentralised applications and centralised applications on the DigiByte chain. Features DigiByte separates the transaction confirmations and information stored within the block using SegWit (Segregated Witness). This increases the transaction speed. It is amongst the the fastest public UTXO blockchains, with 15 second block timings. Decentralization is at the core of the DGB cryptocoin, as it has over 100,000 servers, computers, phones and nodes worldwide. The rigidity of general blockchain design limits its size and scope to increase speed, efficiency, and throughput, but secures the network. However, transaction limits on DGB can be increased to handle many more transactions per second than Bitcoin. DiguSign lets users embed & validate any document or contract and send it to DigiByte’s decentralised blockchain. It has multiple use cases for governments, healthcare systems, etc.
Long
by CaptBlackBeard
DGBHey crypto traders Getting back to posting daily charts and findings; I am going to just post some coins that have dropped into the support levels. These levels have some of the most financial upsides. Not telling you to go ALL IN on these prices but, deff a good time to start watching and trying to get some good entries. In the next few posts I will get more detailed about anaylsis and provide my thoughts. For the time being I will share some of my favorite coins and they support = buy zones. Happy trading - keep stacking up
Long
by Wael613
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
Long
by moneygurudigital
1