DGBUSDT trade ideas
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$0,034 will put Digibyte to mega bullish phase (best moment to entry).
Ps: If bitcoin corrects strongly, the price of altcoins will fall.
DGBUSDT is ready to have a breakout 🦐$DGB.X if the price will have a breakout from 4h resistance, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
If suddenly DGB wave start repeating $$$In my opinnion DigiByte is the coin that has really pushed the limits all 2 years in price action and made remarkale things, steady growth in 2 years span from early 2019 when was worth 0.007-0.008 cent until now "1 DGB" cost almost 3 cents - it's good long term investment if we look from that perspective. In my opinion DGB price movement it's is all about massive waves after up/down raises, keep that in mind. But I think best things yet to come. Keep an eye on DGB in the following few days!
Disclaimer: It's not financial advise. It's just my own opinion. I'm not accountant or financial advisor. Always did your own research about all your investments in order to make a truly educated decision. And all financial decisions you have to make by your own.