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Digibyte / Bitcoin

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DGB-BTC killer hodl for 2018, 189% ++ profit potentialHowdy, let’s take a look at one of my favorite picks for 2018, Digibyte (DGB). Fundamental drivers: Marketing Overhaul Begins Feb 1: www.reddit.com Details: With over 100,000 full nodes (compared to BTC's 11,000), Digibyte is highly decentralized. Digibyte uses five separate mining algorithms to ensure mining decentralization. It’s also one of the oldest blockchain projects out there (2013), with early SegWit implementation. It offers super fast transactions. For those who know da woo, Clif High’s web bots have found hints of a “minor mania” for Digibyte in the summer of 2018. Considering the man’s accuracy up until now, I’m more than happy accumulating DGB at these current levels. Now’s a killer time to be shopping. Official website: www.digibyte.io — Analysis: DGB has respected a global Fibonacci range ever since the enormous run-up in the summer of last year. I would argue that it is now in a good range to begin some harmonic kind of movement, but first let’s establish some congestion zones and look at the Ichimoku. The Ichimoku cloud is lining up almost perfectly with this Fibonacci range. The Higher lows in price and lower lows on the RSI indicate hidden bullish divergence, while declining volume and a symmetrical triangle forming with the 50 and the 200 MA are creating a solid base for a sort of bull flag. It could be a pennant and will need more time to consolidate. The Ichimoku cloud has flipped bullish just as there was a golden cross of the MA’s a week or so ago. Here I see a pattern similar to some other reputable projects out there — en edge-to-edge cloud break, followed by a retracement to the top of the cloud, and then the establishment of a new price floor. Bulls would be careful, however, as it is beginning to look like a head and shoulders pattern. Now all of this may be difficult to see at once (unless you’re as bugged out as I am), but I also see what could be a bullish pennant forming in the RSI. Bollinger bands included to show how tight the price is getting. Here’s the triangle using the 200 MA as the base. Long term I see a lot of upside for DGB, though it may end up consolidating for many months so I’m not so interested in it for swing trading. Below are your levels indicated by blue horizontal lines. These targets are primarily based on the Ichimoku, the global Fibonacci range, and previous congestion zones discovered around those areas. Entry: 0.00000355 - 479 Target 1: 0.00001074 Target 2: 0.00001383
Long
by RotiWokeman
14
Accumulate DGB??? YES! LONG TERM LONG!Unfortunately DGB seems to be in a downward trend. This is despite the recent public attention it has been getting. DGB has recently hired a marketing firm to better public awareness, DGB is releasing iOS/Android wallets, DGB is being built on with DAPPS such as Loly, DGB is soon to hard fork to update and better the mining algos and a few other parameters to better decentralisation and the security of the network and finally a one click miner is even being developed by DGB enthusiast Patrick Wieland. www.reddit.com Above regarding marketing. Marketing has been one of DGB biggest weak points and this should help remedy the problem. youtu.be Above regarding mobile wallets. The current mobile wallet - android - has long been outdated and ios/android lite wallets will open up a whole new market in develop-ping countries - especially India where DGB seems to be extremely popular. youtu.be Above regarding Loly. The creator of Loly the DAPP brings up extremely good points on decentralisation, immutability and the scaling capabilities of Digibyte of which Ethereum lacks all. digibytefoundation.org Above regarding the fork. The fact of the matter is Digibyte is awesome technology it is only a matter of time before people realise this. Digibyte is hands down much better than Litecoin. For full disclosure I do hold great amounts of both, but I am a firm believer in DGB and will be accumulating more and more. youtu.be Digibyte's biggest problem so far, is the overall market. As BTC suffers and even goes up, DGB go down, as DGB goes down less people buy into it. I will be using this opportunity to accumulate the coin it will eventually POP! Heiken ashi and RSI/MACD indicators both tell us that DGB is going down, slowly. The trend however will start to taper of and slow down over time. We will eventually get to a floor. I predict it will be around the 250 to 300 satoshi range. For now I will hold what I have and accumulate more at the given targets. A reassessment might be necessary in the short term as DGB brings rolls out more news and developments in the coming month of March. IN SHORT - this is a long term LONG CALL! I am however not responsible for your money please do your own research. DGB could easily get over the 1$ mark before this summer, and it will as it starts to build positive momentum. This is not financial advice and I am not a financial advisor. Best of luck, X
Long
by dereckmezquita
DGB ANALYSIS FEBRUARY 10 , 2018The price moves in a descending channel from the closing price of 0.00000780 BTC to 0.00000423 BTC and adjusts the price by moving on the ascending trend line. On a regular basis, we expect to respect the ascending trend line to reach the resistance area between 0.00000526 BTC to 0.00000564, which has been tested more than once and is considered a strong resistance zone If it is breached we will reach a new resistance zone between 0.00000745 BTC and 0.00000815 BTC
by zomlot
4