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DGBUSDT trade ideas

DigiByte Update (Growth Potential Goes Between 2,460% to 5,674%)The monthly chart says it all for DGBUSDT (DigiByte). Strong bullish action developed this month. A strong bullish breakout is present —Can DigiByte continue higher? How far up can it go? November 2024 is turning out to be the strongest (most bullish) month for DigiByte since the last bull-market year, 2021. We are looking at really strong bullish action. This action is supported by really high volume. This month has the highest volume since March 2022. This tells us that the move is real, the bullish breakout, and we can expect additional growth. How far up can it go? Within a period of 6-12 months, DigiByte can grow massively. We have a problem, a good one; The Cryptocurrency market is about to enter its golden age. The market is many times stronger now and better positioned than ever before. So the usual projections might fail to make it right... There is huge potential for growth. These are the main targets to consider: 1) 0.116097 (Easy target). 2) 0.294037 (Strong target & easy new ATH —2,460%). 3) 0.471977 (Strong bull-market & super ATH —4,071%). 4) 0.649917 (Expect something awesome... —5,674%). Expect something awesome... Thanks a lot for your support. Namaste.
Long
by MasterAnanda
2
DigiByte (DGB)DigiByte is an open source blockchain and asset creation platform and the DGB token was mined as a fork of Bitcoin. DigiByte consists of three layers: a smart contract “App Store,” a public ledger and the core protocol featuring nodes communicating to relay transactions. Anyway, it is clear that DGB was in a descendig channel/trend. After DGB broke the major downtrend line, it came down to retest the lowest low two more times; thus creating a tripple bottom. Then, DGB broke the minor downtrend line and the upward phase started.
Long
by SaeedSalehinia
4
DigiByte, Altcoins Market & New All-Time High (2125% Or 7327%?)I was looking at DigiByte trying to figure out how things are going to play-out in 2025. New All-Time High or no new All-Time High? We know that the big wave happens every four years. Some Altcoins made an exception and grew exceeding well last year but these are the exception and not the rule. The majority of Crypto produced a small "recovery wave" in the year 2023 leading into early 2024, and then we had a massive correction. We are back in the "accumulation zone" for most Altcoins, DigiByte (DGBUSDT) is no exception. These are amazing prices right for long-term growth. For DigiByte —we will continue with the Altcoins in general in a different article— we have some mixed "feelings." No, actually, we have some mixed signals. Yes! Signals, is the right word. Ok. The major low after the bear-market came in June 2023. Good. The recovery wave correction that started in April 2024 ended up producing a lower low on a wick last month, August 2024. Here is the mix, the session that produced the lower low closed higher than in June 2023. So we have a lower low based on candle wick but a higher low based on candle close. The close is more important than the wick but both are of relevance for TA and for making future projections. This means that we need to consider both possibilities; A scenario where DGBUSDT peaks near the last ATH, can be below or above it, and another one where it hits a new strong All-Time High. The first scenario, we could see DGBUSDT grow to around 0.14275 for 2,125%. Due to monetary expansion and all that, money changed a lot since 2021, it could go to ATH around 0.184 and even a bit higher and this would still count as a double-top based on technical analysis. Total growth would amount to ~2,800%. The truth is that DigiByte is not a heavy project, based on its market capitalization, but it is indeed a strong project, based on its fundamentals (developers, community, structure, etc.). This means that a strong bull-market can easily reach a new ATH, specially if we get friendly regulations and favorable socio-political market dynamics. Growth potential for this second scenario and a very strong new All-Time High would amount to 7,327% with a price tag 0.4817. Seems a bit high right now... Whatever happens in 2025 and regardless of how high the market goes, what we know for certain is that Cryptocurrency will be really strong. Stable, reputable, trusted and solid projects will shine and we will not be caught by surprise. Thank you for reading. Namaste.
Long
by MasterAnanda
5
DigiByte (DGB)On the above 5-day chart price action has corrected 95% since a sell signal in April 2021. A number of reasons now exist to be long.. 1) You know why. 2) Price action and RSI resistance breakouts. 3) Strong positive divergence between the oscillators and price action. This divergence is measured over 100 days. 4) Price action finds support on the golden ratio following the breakout. Is it possible for price action to fall further? Sure. Is it probable? No. Ww Type: Trade Risk: <= 6% Timeframe to open: Now - don’t hang around. Return: no idea
Long
by without_worries
13
Dgbusdt potential x3 tradeDgbusdt has concluded a significant downtrend, transitioning with an Inverse Head and Shoulders pattern. Presently, the price has achieved a crucial breakthrough above a key downtrend trendline, suggesting a sustained bullish trajectory. The area corresponding to the right shoulder offers an advantageous opportunity for purchasing and replenishing the coin. Projected targets have been shown on the charts, along with the final setup target region to consider. Your comments are valued and appreciated.
Long
by weslad
3
005. More evidence of multidimensional market structureWith this video I intend to close my argumentation of a multidimensional market structure Tools that casts Fibonacci shadows and limits on price movements can be plotted in so many places! Where to plot them?! This is a common doubt traders have. When we gain experience from market we understand it doesn´t matter. Price will eventualy hit the targets of a chosen set up - if the trend alows it! This proves my point that there is in fact many more axis of information beyond price movements, and although they cannot be plotted in a 3D chart, we can get those extra dimensionals And here comes indicators: This indicator you see is called 'DTM DETONATOR B', really, the best tool I have found to this day. As it dissects through several extra dimensions of price structure, we can forsee direction changes of price trend This indicator can be found as a paid indicator through the link in my profile and it is free if you sign up to the trading course I have personaly attended to the the Day Trade Masters couse, definately the best trading course you will find out there as will you leart how to master this increadible tool too, the Detonator. If you found this information useful, be kind to use my referal link above, thank you!
by CCCLopes
004. After many years of search and research, I understoodAfter consulting with experts on fields of math and physics, I wanted to know if there is some kind of mathematical transformation to get those information out of the price movements To be clear, although we observe a point or a line on a two-dimensional (2D) graph, these elements may be projections or sections of more complex forms in three-dimensional (3D) spaces or even higher dimensions. This perspective can be very useful where transformations and representations in higher dimensions provide insights that are not visible in lower-dimensional projections Fields of knowledge like multidimensional data and differential geometry can help us As these areas of mathematics provide the basic tools for working with spaces of various dimensions, including transformations such as rotations, translations, and scaling. These transformations help to understand how lower-dimensional objects (like points and lines in 2D) might be representations of objects in higher-dimensional spaces In multivariate analysis, for exemple, it deals with data that have multiple dimensions (variables). For example, principal component analysis (PCA) can be used to reduce the dimensionality of a dataset, identifying the directions (principal components) that capture the most variance in the data. These components can be visualized as new dimensions that provide insights into the underlying structure of the data And finally, data visualization, our main goal here, to plot representation of multidimensional data in a way that allows us to capture additional information The answer lies on... INDICATORS. Indicators can serve as multidimensional information that plots extra-dimensions for us in a 2D form. As an exemple, here is an incredible indicator that plots A LOT of extra-dimensions. Note that the data set indicated by the arrow goes up, almost together with the data set indicated by the blue arrow. And this happens when price goes down or remain almost stable. And although those indicators show a down trend, they can represent a going toward the computer screen, and when those indicators plot a upward trend, we can understand the price is coming foward to us from the computer screen. Because is impossible (yet) to have a 3D screen in front of us, we must dissect the 3D information in many 2D plots and interpret them The vertical red doted lines '1', '2' and '3' shows the points of divergence between price movements and the indicators
by CCCLopes
002. Price movements are multidimensional in natureHere you can have an idea of what I´m talking about: That price movements are multidimensional in nature Although this may be kind of obvious to some, if we could just unlock those movements that are coming from the screen, or are coming in the direction of the screen, maybe this hidden information could help in trading? In this description of the DGB price movements, we can project the graph inside a 3D cube, but as a projection, we are plotted in 2D
by CCCLopes
1