DGBUSDT trade ideas
DGBUSDTHi snipers, nothing is impossible. In the one-day time frame, the price has returned above the long-term downtrend line and the 103-day moving average. There is probably a price drop to the 103-day moving average and a re-growth of the price to high resistances. All analyzes are only possibilities.
DGBUSDT.P - SHORTDGBUSDT is trading in symmetrical triangle pattern and recently, it seems that the Buyers may be getting exhausted as the pair has started to find support within the pattern. Additionally, the current price action is forming a Bearish divergence, which suggests that Sellers may be preparing for a significant downward move.
Will the Bears regain control and push the price Lower?
DGB/UST will continue rising 💎DGB Today Analysis
💎It's charting an optimistic path, currently positioned within a demand zone and gearing up for a bullish ascent.
💎 Presently, EURONEXT:DGB firmly anchors itself at a confirmed OB level discerned in shorter time frames, hinting at a potential bullish trajectory from this point.
💎Reflecting on recent movements, we noticed a shift from demand to supply, propelling the price into a downward spiral. However, after securing buying liquidity, it seems #DigiByte primed to address the overhead bearish OB.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
DGB - Potential for further gains as long-term downtrend line
* 1D
DGB broke the long-term downtrend line that lasted for more than two years and even completed a retest.
Based on the above, TP can be set at $0.088 to $0.00923 / $0.01070 to $0.0125 / $0.01224 / $0.01337 to $0.01394.
If the short-term uptrend line deviates, it should be checked for support of $0.0717 to $0.00766.
✴️ DigiByte's 350% Confirmed Based On "Parallel" ActionWhat the heck is parallel action?
Just kidding and meaning to say, Cryptocurrency marketwide bullish action.
The DigiByte bullish wave is now confirmed based on the marketwide bullish action we are seeing.
What one does, the rest follows.
Ok, so this is what we have.
✔️ DigiByte has been green 4 weeks straight and is currently trading above its Nov. and June 2022 lows, which is great when it comes to chart strength.
✔️ We have the moving averages, indicators, blah blah blah, we already know all these details, let's focus on the target.
✔️ I am seeing a 350% potential for this bullish wave.
This is basically now, can be 10 days as it can be 45 days... Within 1-3 months... This bullish wave.
You know how this Cryptocurrency market behaves, it can be fast and strong one second, it can crappy and slow the next but once it starts going it goes and patience always pays.
Just a friendly reminder to all of my DigiByte lovers... It is still early, the potential is huge.
Namaste.
DGB will continue rising !!!after a small correction I think DGB will continue pumping
entry: 0.0085-0.0088
TP1: 0.0095
TP2: 0.010
TP3: 0.012
SL: 0.0080
Good luck everyone!
✴️ DigiByte Short-Term SignalAfter a correction a move to the opposite direction develops.
We had a correction to the downside, we should now see an impulse to the upside.
I will be mapping targets short-term but DigiByte has great long-term potential.
This is for traders who would like to get in and get out!
✔️ DGBUSDT is now trading above EMA50, with strong RSI and a bullish MACD.
✔️ Growth has been happening since mid-June so the bullish potential is confirmed.
✔️ We can expect additional growth.
✔️ Short-term targets are mapped on the chart.
Namaste.
DigiByte (DGB) formed bullish Gartley for upto 106% massive moveHi dear friends, hope you are well and welcome to the new trade setup of DigiByte (DGB) with US Dollar pair.
Previously we caught more than 27% pump of DGB as below :
Now on a long-term weekly time frame, DGB has formed a bullish Gartely move for a massive bullish reversal move.
Buy between: $0.00764 to $0.00600
Sell between: $0.00994 to $0.01237
Stop loss: Below $$0.00600
Possible profit ratio:
As per above targets there is a profit possibility of 106% and a loss possibility is upto 22%, therefore, it is a high risk / high reward setup
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 trade.
TRADE OF THE DAY | Digibyte | DGB testing range | Potential 8.3%TRADE OF THE DAY | Digibyte | DGB testing range | Potential 8.3%
DGB is showing quite a few nice bullish signals with a minor bullish divergence and break out of he RVI whilst still not being overbought just yet. Although be mindful that it is still sitting in the local range - although finally breaking the 20 Daily EMA is a big positive since it has been rejected consistently since the 20th April. There is a very comfortable stop-loss in place which if it hits then it is a likely that the trend will be heading down. Be aware at the moment though as it is incredibly turbulent and stop hunting conditions across the market in general.
DGB ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the DGB symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You