DGBBTC trade ideas
DGB Double Bottom?Will we see a double bottom at 222 satoshi?
The daily stochastic RSI is in the overbought zone. It really needs to reset.
Let's see what happens.
Regardless, I expect a strong reversal soon but we really are waiting on the BTC market.
DGB Bearish DivergenceProjected direction of price:
Down.
VWMA 5 is about to cross below the 20 which is a bearish signal.
BTC also has bearish divergence.
dgb$dgb: one of the most popular movers in the market. This one could make the big moves again. Everything looks good+ broke out the falling wedge, so it will go easy x5. Good one to have.
Imminent Breakout on DGB Daily Log ChartGolden cross on the daily log chart. Price should burst upward from the symmetrical triangle formation.
Huge potential.
DGB Continues Uptrend possible descending triangle
Volume looks promising to break out , too
Rsi is a good condition for buyers
DGB Buy Signal Observe how the 5 volume weighted moving average has crossed above the 20 on the 1 hour chart. This is a strong buy signal since it indicates a change in trend. Meaning, the price will go up provided the 5 VWMA stays above the 20.
Sometimes these crosses fail and cross bearish.
Stop loss at a bearish cross.
Never trade against the trend! This is the harshest lesson I have learned in crypto thus far. It's like rowing a boat upstream without a paddle. Your portfolio will get wrecked.
It is important to remember the 90:90:90 rule.
90% of traders will lose 90% of their portfolio in 90 days or less. So please, trade with caution, wisdom, and sound judgement.
It is too easy to become greedy or emotional and this will only lead to great loss. Patience is the best attribute to possess in this game that we play.
DGB Out of the wedge!!!!Digibytes broke out of the falling wedge few days back.I'm expecting it to retest the top of the wedge.Green line @245 is a strong support.If the daily closes above the support we can enter the trade at that level.RSI in the daily chart has just bounced from the bottom.
Red lines are the targets.Secure your profits at every targets.
Violet and rose lines are some strong and weak resistances respectively.
DIGI-Marines are back!!! ( Short-term trade )As you can see in this idea ,DGB is holding nicely over the trend and Green support area.
Daily volume has declined implying selling has stopped.
The whole green area between the lines are Buy zones
Buy strategy : slow-accumulation ,buy small amounts every time it dips ,buy the rest when it breaks the teal trend-line
Their is 3 Take profit areas marked on the chart
TP1 @ 295~300
TP2 @ 305~309
TP3 @ 313~319 and the final target before a slight correction
Their is also a weak resistance line at 280 Sats .you can take profit their for a quick trade and move on
Stop-loss below 220 Sats since the whole area is a buy zone not sell zone . Dont go all in at once ,just buy gradually .Averaging in reduces risk and exposure.
Good risk management is advised.
All we have to do is wait for the whale to come and pump the price .
DGB Descending ChannelA possible trajectory for DGB. Somewhat speculative. Let's see how this plays out.
DGB Cup & Handle to 469 SatoshiIt's tea time. Get ready!
We are on the treasure . Meaning, we have double support.
Let the fractal be your guide.
DGB / BTC is looking goodI just started to buy some DGB as it looks like it has found a support on the .786 fib. Also worth noting that moving averages are flattening out and the oscillators seem to want to turn upwards.
