DGBUSDT trade ideas
Digibyte PARABOLIC trend!The most wanted signal appeared: The Parabolic Line!!!
EMA 50 = Perfect buy zones.
MACD ready to pop.
Next Target: U$0,09
Digibyte is waiting a little to push up because Bitcoin is rising. When BTC stop a little, we will see Digibyte leg up.
I believe that DGB will hit the target in the next 7 days.
Digibyte: Did You Buy It?Believe it or not this is where DGB is going.
Unfortunately, long-term data as it relates to USD is absent from Tradingview due to the poloniex delisting. However, with a bit of due diligence you can find the missing data from other sources. My guess is that if long-term data for this coin was currently circulating this site, the price of DGB would be already much higher at this juncture.
Also, you can basically ignore the timeframe here, as I had to make some adjustments just to paint a long-term picture here.
A simple fib-extension from $0.0002 back in March 2017, up to DGB's all-time-high @ $.14 (in 2018), mapped back to DGB's bottom of $0.0026 (in March 2020) will give you this chart.
Digibyte has so much room to run. This is just the beginning. I'll map out some future price points below as it relates to market cap.
Marketcap -------------- Price
$1.3 billion -------->> $0.093
$2 billion -------->>> $0.14
$3 billion -------->>> $0.21
$5 billion -------->>> $0.36
$10 billion -------->>> $0.72
$14 billion -------->>> $1.00
(As usual, this is not financial advice ;)
DGB completing bullish BAT setup for upto 62% rallyHey friends, hope you are well, and welcome to the new update on Digibyte.
On the 2-day chart, the price action of the DGB is completing the final leg of bullish BAT and soon it will be entered in the potential reversal zone. On breaking down the 25 and 50 SMAs the pattern will be confirmed.
Possible profit and loss ratio:
This trade has a profit possibility of 62% and the loss possibility is only 8.5%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with the trade.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
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DGB triangle transformed into a bull flagBecause the BTC dump the previous TA I had pubblished changed shape into a bull flag rising the target (+54%). Worst case scenario is that the target won't be reached completely but as you can see it's on the bottom of daily BB and there's a bullish DIV on RSI. Moreover I think some news is on the way which could help speed up the process. I remain optimistic on this one as I'm all in right now (I'm not an holder).
DGB in great positionI've been trying to find a coin at the bottom of a triangle to avoid buying at break out and this is it. Moreover DGB is a great project and I believe that very soon there'll be an annoucement about their software.
Most important: it's a coin which held pretty well the BTC dumps of the recent days, should BTC dump again you could have the time to sell without losing much.
140 days downtrend breakoutDigibyte broke 140 days downtrend and now is fighting to break the strongest resistance, U$0,032.
We need more volume to break it.
The second resistance (U$0,037) isn't too dificult to break.
Daily candle closing above to U$0,034 will put Digibyte to mega bullish phase (best moment to entry).
Ps: If bitcoin corrects strongly, the price of altcoins will fall.