Digibyte... Is the monster wave coming?I'm not going to say much here, I'm simply following the cycle for Digibyte. We are 4-5 bars short of a major breakout if the cycle is to repeat . One bar on this chart is equivalent to one week.
In my opinion it's been following it to almost perfection. I'm not saying this is a guarantee, it's simply an observation.
Enjoy and have fun investing.
DGBUSD trade ideas
DGB 4hrlegend
Purple - weekly
red - daily
blue - 4hr
white - 1hr
if dgb loses support, i would expect trend to hit the daily untested support because all levels have already been tested.
Resistance coming next week?What do you think of the analysis? Lots of coins moving in this pattern. I think GALA broke out of this patterns
DGB daily looking to light some fireworks?DGB daily is looking like we may see an end to this bottom
and ready to start making some substantial moves and bring smiles to thousands of wallets!
when Digi busts thru this orange circle, it will rock roll!
So this orange circle represents the only area of significants to this chart....why?
we have the Hull suite Indicator to break thru, the 50/100 ema to break thru,
the bull Market Support band to break thru...and last but not least,
The DeMark 9 Indicator is reading we have hit bottom a few days ago with a 80% probability...
lets watch what this powerful security company that is loved by millions of Investors will do in the coming 2-3 weeks,
DGB/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
If you press play on the previous chart, you'll see that my wave count is off and it has been looking for a bottom. The new chart is changed from the daily to the weekly. The daily chart does not give enough info to count the waves. This weekly chart dates all the way back to 14' which will give us a more accurate data to count waves. On the new chart you can see a giant cup and handle. This recent pump might be the breakout of the bull flag. If the counts are correct, the bottom is in.
Wave 3 target: 0.35
$11 DGB DIGIBYTE POSSIBLE THIS YEAR! MANY INDICATORS POINTING UPDigibyte in my opinion is poised for an extreme upside move that will catch everyone by surprise. I show in the chart many indicators and pivot points from previous cycles with dates and percentage gains. The past doesn't always predict the future but every chart is a beast of its own and has similar movements through out its lifecycle. The same people who don't believe this target are possible probably didn't believe the last run up of multiple thousand percent wasn't possible either. See the chart above and decide for yourself. this is not professional trading advice, just my opinion. Thank you for looking, subscribe for more updates and leave a comment on what you think.
DGB retested 2600 day trend line. x300-500 opportunity (2W)I found interesting trend line on DGB-USD 2W chart that started more than 2600 days ago and recently price retested it again and reversed upwards.
Since bullrun 2017 DGB formed a MASSIVE ascending triangle.I took it's height and put it on the breakout point which brought it to 8-13$.
Also my targets on 8$ and 13$ were measured with FIB retracement before.
From current price gains could be from x100 to x500 if this pattern plays out but it seems that this trend line is pretty important.
This coin did not perform well for the last months but i still tying to accumulate more DGB.
DGB investors could see life changing returns very soon. Patience will be rewarded :)
$DGB TRENDING UPalthough we are arguably in a short term bear market
digibyte is still holding onto the long term trend line
a parabolic capitulation seems to have occurred right into .0165 support
I do not expect DGB to visit .008 but that could happen and still remain bullish (although less favorable)
the risk/reward for DGB seems very good at the moment
consolidation can happen for a long time until the all time high can finally be broken
Every dog has its dayDigibyte is down about 85% from its highs in May...
"Every dog has its day"...
(not financial advice ;)
In the short-term dgb could go a bit lower, but not much honestly. You can almost see the emas start to curl up into another s wave.
As for the indicator ... green dot imminent?
2 Major Supports for DGBDigiByte blocks occur every 15 seconds, reaching speeds approximately 40 times faster than popular cryptocurrency Bitcoin. ... DigiByte blocks occur every 15 seconds, reaching speeds approximately 40 times faster than popular cryptocurrency Bitcoin. It's one of my favorite coins. These are 2 major supports for buying zone