DGB - Way to 500 far open!Hey guys ...
after breaking out of bearish trend (see my last DGB TA), we are now in continuing uptrend.
We can see a very close parallel channel, and the way to 500 (our next resistance level) should be far open.
Happy trading!
!! Mention: This is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility
DGBBTC trade ideas
DGB - Sidewards Fib TradingHey guys!
Within the last 2 weeks we had a big 60% bearish run.
After breaking its bearish trendline 2 days ago, we see a perfect example for Fib Retracement.
We perfectly bounced back from 62% FIb level, and stopped falling again @38%.
This could be easily used for sidewards scalping.
We can expect horizontal movement between the Fibonacci Levels.
Buy: 375
Sell 1: 396
Sell 2: 420
Happy trading!
!! Mention: This is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
$Digibyte, $DGB Last Stop Before Moon
Weekly
Looking at our trend timeframe we see price respecting our major downtrend and uptrend support, DGB is now at a critical point. Momentum showing us we are heading towards the downside and not slowing down, price should be following. Expecting a drop towards our major support zone 250 satoshis
Daily
Shifting over towards our pattern timeframe we see price respecting our bearish parallel channel structure, however major support has been broken and we should be seeing a drop towards 200-275 satoshis. Momentum heavily shifted towards the downside with no signs of slowing, this could be our last dip before we head to the moon. If we do not drop towards this level a daily close above 425 satoshi on the daily activates our trade.
DGBBTC Great fundamentals and possible breakoutIt is a perfect moment to buy this coin cheap. Technical and Fundamental analysis are great.
DGB is in the triangle now it is going to break from it up or down around June 14th. However we forecast that the price will move upward as there are two great fundamental motives.
- Hard Fork on June 21st
- New Exchange Listing on June 30th
Systematic and specific risks are medium. It is a mid term trading recommendation. Buy in the suggested zone sell closer to the dates of events.
DigiByte : Sleeping Giant ? Trade Warnings !Warnings :
-The Current Hike is due to rumors of it listing on Binance. ( 'N' number of people have been rekt in This Binance listing Hypes)
-Highly Speculated Coin : There are even Telegram groups for its speculation : @DGBwaves & @DGB_Speculation
-McAfee's Shill
That being said I am entering this trade upto 50 Sat. You can still wait for this Binance Hype to be over but for me High Risk Yields High Return !
For Lazy or To the point readers :
DGB
Long : 0.0000050 or Below ( Step buy orders Downside )
Take Profit : Step short orders
T1 : 0.0000054
T2 : 0.0000058
T3 : 0.0000064
T4 : 0.0000070++
SL : 0.0000040 ( Risk Apetite : Normal )
0.0000025 ( Risk Apetite : High )
Keep Raising your SL at 3-5% with the increase in Price.
Risk : Medium
Term : Short / Mid ( Depending on the Total Market Volume )
Invest : 8% or Less of Your Portfolio
Warning Again : This is not a safe investment looking at the current indecisive market. The current atm technical indiactors are bullish but do not rely them on much. Invest only if you have good risk apetite.
Why Are you suggesting for this trade then ?
- Highly Speculated
- Hard fork 21 June
- Artis Tumba Listing 30 June
- Somewhere Keynote Speaker 12 July ( Irrelevant Factor )
Spikes & Crashes in Price
As with all cryptocurrency, DigiByte’s price has been volatile recently. Up until 2017, it’s price remained relatively constant, with only slight growth. However, 2017 and 2018 saw a series of spikes and crashes for DGB.
A June 2017 spike came when DigiByte hinted at an impending announcement on Twitter. Investors looking to make money off the announcement quickly bought into DigiByte. This pumped the price. However, the announcement didn’t come for several more days. It introduced a new wallet and a few added features. By the time of the announcement, the price of DGB had already collapsed to near pre-announcement levels.
Digibyte’s price spiked again in December 2017-January 2018. John McAfee, a popular crypto-investor, tweeted about DigiByte as a company worth watching. The resulting December spike carried into the new year. But, it eventually collapsed along with the rest of the crypto market in the correction of January 2018.
Future of Digibyte
Traction is the name of the game for DigiByte. So far in its four-year history, it hasn’t gotten much. 100,000 nodes is a respectable network size for an alternative currency. However, DigiByte is a relatively old currency, and it has had opportunities to gain massive support with the right messaging and public relations.
DigiByte is currently gaining traction in gaming community. An offshoot of DigiByte, DigiByte Gaming, offers DGB to gamers in exchange for time spent playing certain games.
Tate, the CEO, has promised to focus on public outreach and the DigiByte Foundation this year. At this point, gaining greater adoption is the largest challenge facing the project. DigiByte’s fate hangs in the balance. It could take off as a leader in speed, scalability, and security; or it could languish in continued relative obscurity.
DGBBTC BITTREXKeeping a close eye on DGB right now as I heard there was a rumour it was going to be listed on binance. Technically it shows DGB has had a strong push to break out of a triangle that had formed. It has broken through a 4 hour resistance and is currently forming some indecision in between a support and resistance. Looking for a retrace here to retest and then a bullish engulfing bounce off the recently broken resistance. If it continues up I will be looking for a close above and retest of the next level of support/resistance.
#Digibyte looking to break above key resistances #DgB #cryptoDigibyte has been bullish since the breakout of the falling wedge , 1st impulsive wave hit a swing high of 436 sats then we saw a bullish 38.2fib retrace . Then Wave 3 made a swing high of 530sats.
Currently it is consolidating in a triangle pattern , looking to break above major resistance levels at today's closing.
DGB trying to break above trendline resistance, 20,50 DMA & cloud resistance around 450-460 region.
RSI is curving above 50.
There can be two possibilities for wave 5.
Link to earlier analysis: twitter.com
$DGB - Calm Before the StormSymmetrical Triangle has formed on $DGB which is usually considered a continuation pattern.
At minimum, we need 2 higher lows, and 2 lower highs which we have to confirm the pattern.
Volume should decrease in this pattern as the "Calm before the storm" happens.
We also have a bullish Kumo Twist on the Ichimoku and the MACD is close to crossing.
Symmetrical Triangles certainly can go in the opposite direction and it is recommended for conservative traders to enter on a confirmed breakout.
Typically after breakout, the old resistance will become support and price will come back down to test it. This would be the entry point for a conservative "breakout" trader.
There is not much room left in the triangle and I would expect us to see a breakout in either direction in the next few days at minimum.
DGB/BTC 25+% potentialBuy now or wait after the breakthrough of a triangle or flag in the zone 0.00000464 - 0.00000482
stoploss
in case the triangle is triggered down
0.00000397 - 0.00000389 if there still one more movement to the bottom of the flag, the stops are different:
0.00000371 - 0.00000363
Target:
0.00000512 - 0.00000558
maximum:
0.00000718
Digibyte (DGB) Hard Fork Coming (200%+ Profits Potential)Digibyte (DGB) is another of our good friends. Very easy to trade and always very profitable to us.
We have an open trade for Digibyte and we are in huge profits for this one, yet, another opportunity has been made available to all of us.
Here are the upcoming events for Digibyte (DGB):
-> Hard Fork - 21 June.
-> New Exchange Listing - 30 June.
DGB does not need any events to go up in price, but with a hard fork coming, we can expect good action in the near future. The charts are showing that nobody really wants to sell and there is still plenty of room left available for growth.
Digibyte Hard Fork Trade by Alan Masters
TRADE INSTRUCTIONS
Buy in: up to 490
DGB Targets:
(1) 515
(2) 575
(3) 635
(4) 760
(5) 880
(6) 1155
(7) 1655
Stop loss: 380
Allocation: Up to 10% of your capital. It can be 2% as it can be 9% or 10%, it is up to you. I always put a good amount on this coin because it always pays off good.
Enjoy your profits... when they come.
Namaste.
DGB/BTC Getting ready for a breakout from descending wedge!DGB is nearing the end of a wedge pattern. i bought in around the bottom of the wedge with a stop loss just a tad under it in case it backfires and breaks downward. MACD is looking good as well.
Not a professional do your own research. I just happened to check the chart today and haven't really been actively trading the past several months. This looked pretty nice so figured I'd post in case anyone was looking for an update.
$DGB - Digibyte Daily Analysis - BittrexDGB is showing some signs of life here and I have my eye on this coin for investment. We have the current candle sitting on both the 20 period and 50 period moving averages with a possibility of a crossover if price continues to climb which is a good bullish signal. We are still well above the 200 period moving average so these are all nice bullish signals for this coin. We may see a MACD crossover but the issue is flat volume and momentum have to pick up. I wont consider an investment until we break the upper trend line and stay within the channel. If volume and momentum pickup, we may see a close above the 50 period moving average, see the cross over and break the trend all together. If this doesn't hold, we will continue to see consolidation for another day or so then see which way we break at the end of the triangle