Beautiful chart.
RSI on the 4 hour is over sold.
Fibs are looking solid. Higher highs. Higher Lows.
Price action well above Ichimoku Cloud. Chinkou line is above price action. Both are bullish signs. A lot of momentum.
I'm not thinking about exiting until chinkou line touches price action.
Price also looking good on day chart. A little overbought so consolidation would be ideal. Price is above Ichimoku Cloud and just starting to open up.
Only time will tell.
Not financial advice.
DGBBTC trade ideas
180 days breakout (bullish reversal)1) 180 days downtrend breakout;
2) Price increasing fast above EMA 50;
3) RSI holding above 5;
4) MACD going up;
EXTREME BULLISH CHART!
First small resistance: +- 145 sats
Strong resistance: 200 sats
DGB/BTC Update 4H DGB has broken resistance and making moves. MACD cross. Reference previous charts linked below. 1W Chart still is very very close to a MACD cross
DGB is going to break this trendlineYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
Digibyte above EMA 501) After 120 days closing below EMA 50, Digibyte is turning to bullish, above EMA 50.
2) Neutral MACD, going up.
3) RSI holding at 50+.
1st target: 100 sats
2nd target: 125 sats
No. You are not late to join.
It's still VERY EARLY!
Digibyte Reversal1) After 120 days, EMA 50 / EMA 200 crossed, turning DGB to bullish;
2) Neutral MACD, going up;
3) RSI holding at 50+;
4) Beautiful ARC almost done.
1st target: 100 sats
2nd target: 125 sats
Another confirmation that show we are in ALTseasonWe are having now a 5th-week green candle with DGB. This usually always and only happens in Altseason.
Another coin confirms that is ALGO, it is in a 5th weekly green candle, something never happened before except in Altseason. And many other altcoins doing the same thing.
I think the next three weeks will be the biggest in crypto history!
Seatbelt on, we will be flying soon to Mars this time.
DGB BTC DAILY CHARTI think it'll fall to 86 satoshi and it'll rise.
Note: Above idea is for educational purpose only.
Is this a turnaround for DGB/BTC?After it has broken out of the downward trend, DGBBTC looks like it took a turnaround. Note the increase in volume. First target around 140 sats.
DGB/BTC Potential +300% ProfitLooking at the weekly we have been holding the bottom support for years now. We had a little run up that bounced off the previous red support (turned resistance) and retraced back to the long term support and double bottomed more or less (hopefully). We are looking close to a MACD cross as well. I am expecting another run up to the red resistance, possibly where it coincides with the horizontal dotted resistances. If we just hit it again it'll be roughly a 300% profit.
DGB has always been a coin I have thought was extremely undervalued, although that could be due to lack of marketing and hype. Regardless, it looks like a good risk/reward to me.
This isn't something I expect to happen overnight btw. Just a coin I put a bit into for a long term trade.
Disclaimer: I am not a professional. Trade at your own risk!
$DGB #DGB has the beast awoken?Anyone who understands crypto is already holding a bag of this. Deep down, I hope the beast is just adjusting in its sleep, and not actually awoken, bc I just don't have enough of this yet...
Trendbreak 200 EMADGBBTC 200 EMA starts acting as support on the 4HR. This hasn't happened since okt 2020. Trend reversal in progress!
FIB:
TP1 = 116
TP2 = 154
TP3 = 184
TP4 = 215
TP5 = 259
TP6 = 315
Get in and enjoy the ride :)
DigiByte... What Would You Tell Your Kids If...DigiByte (DGBBTC) is looking great right now, especially if you compare the chart to how it was looking two weeks ago.
Imagine going into the future....
What would you tell your kids if they asked why you didn't buy crypto in its early days...
What about Siacoin and those other altcoins that are bottomed and yet to move?
This is just a joke of course, but what would I tell myself if I fail to buy knowing again that the price will move?
Enjoy the bullish market.
Remain patient, do not get excited.
Take your time to make every single decision.
If one opportunity is lost, wait patiently because another one will show up.
Wait for prices to be stable; buy around the lows and support.
Do not join when there is strong action ongoing, to either side, it is better to have a strategy and be prepared before trading anything at all.
This is Alan Masters...
Thanks a lot for your support.
Namaste.
possible outcome from the daily chartif these channels are indicative of anything, then this year will shape up nicely for Digibyte
buy it now sell it later higherThis is one of my first purchase of alt in 17
Great Comunity
DGB to 1$ that's the target lol
Digibyte is looking like a sleeping giant 1000%-2000% potential The BTC-DGB pair is looking too good to be true. Is Digibyte headed to $1.20 in the near term? If the growth patterns on this channel play out, then that answer would be yes. This would mark Digibyte at twelve times it's previous all time high dollar value, with a market cap of 10 billion dollars and an earth-shaking 4000% profit margin. Given a golden cross on the monthly chart, which is currently still bearish (opposed to other time scales), Digibyte may be promising in fact as an opportunity.
Update to previous analysisUpdate to previous analysis
Just a quick update to point out that we can see some early signs for a possible reversal to upward pressure.
The Green is higher than the Energy in all of the scalping group of timeframes, this indicates bullish sentiment. It is in these timeframes that reversals to upward pressure originate. In the 3h the Green has crossed above 50, the Red RSI and Blue LSMA has made contact with it as it rises and the Green is higher than the Energy. This is all bullish.
The Green is higher than the Energy in all of the Short term timeframes and the Red RSI has made contact with it as it rises.
I will try and update with more detail when I get a moment.
As always - this is not financial advice but just my view of current market dynamics.
One has to be aware that analyses are done on the basis of what the indicators are saying at the time and things can change. It is important to always monitor the scalping group of timeframes as we will see changes propagate up from there.
Trade safe
aBL
EMA 50 x EMA 200 is ready to cross!1) After 117 days with EMA 50 below EMA 200, #DGB is ready to cross;
2) EMA 50 above EMA 200 turn $DGB to bullish;
3) RSI holding strong on 50+ level;
4) Neutral MACD;
Big movement coming!
Put your seat belt on
DGB possible scenarioYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
DGB/BTC long position #DGB/BTC LONG POSITION .... BUY IN RED BOX ....STOPLOSS: 0.00000070 ...... TARGET GREEN LINES.... manage you risk and take profit in 3 step 👉🏻@merlincryptogroup👈🏻
