DGBUSDT trade ideas
DigiByte - Wakes up from hibernation - DGBUSDT 30+% potential Digibyte finally wakes up from hibernation and has a lot of potential to rise over 30% in the short-mid term and price is now making Higher Highs and Higher Lows on LTF and mid Time Frames. All essential indicators pointing to bullish trend on 1hr.
Fib levels on chart with arrow markers pointing to potential targets.
DigiByte Grows Against TetherUS (35% Target Mapped)I looked at DigiByte vs Bitcoin recently and somehow the DGBUSDT pair also caught my attention... It looks even better than the DGBBTC pair.
Here we have the highest volume bar since Sept. today with prices moving above EMA10 and EMA21.
We also have a challenge of EMA50.
A bullish RSI and MACD.
This one can easily move higher as shown by the green arrow.
Conditions for change
If there is a rejection at EMA50, we can see the lower support levels being tested.
This is not financial advice.
Namaste.
DGBUSDT - Long - Potential 10.74% ***NEW TRADE SET-UP***
DGBUSDT - Long - Potential 10.74%
Trade Set-Up Only:
PENDING
Entry- 2114
TP1- 2231
TP2- 2341
SL- 1947
Triggers;
- Secondary Break Up of local and longer term resistance
- Creating symmetrical triangle with Bullish breakout occurring
Notes;
- BTC stabilising and Volume consistent in ALT market
- Trailing Buy, TP & SL recommended
DGBUSDT AnalysisAt the moment, there are 1 sell signal (BEAR) present and risk-reward ratio is lower than 2.
So, I don't think this is a good time to buy.
If you want to buy again, we have 3 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.026) for 1D to buy,
3- You can buy when candles touching the support line (0.020)
DGBUSDT formed bullish Gartley | Upto 32% move expectedThe priceline of Digibyte (DGB) has formed bullish Gartley on the 2 day chart, the targets as per Fibonacci sequence of Gartley are:
Potential reversal or buying zone: $0.02476 to $0.02276
Fibonacci projection or sell zone: $0.02634 to $0.03023
Regards,
Atif Akbar (moon333)