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DGB / TetherUS

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DGBUSDT trade ideas

DGBUSDT - BULLISH OUTLOOKDGBUSDT is presenting a potential trading opportunity based on a recent price action analysis. In the 1-hour timeframe, a bullish divergence on the RSI signals a potential reversal or continuation of the bullish momentum, indicating a favorable setup for a long position. Here's a potential trading plan based on this analysis: Entry: Consider entering a long position at the current market price (CMP) of $0.00745. Stop Loss (SL): Set the stop loss at $0.00710 to manage potential downside risk. For take-profit (TP) levels, two options are available based on different risk-reward ratios: TP 1:1: Aim to exit at = $0.00780. TP 1:2: Consider exiting at = $0.00815. This trade plan is designed to capitalize on the observed bullish divergence and potential trend reversal while prudently managing risk through the placement of a stop loss. As with any trading strategy, it's important to stay informed, monitor the trade closely, and be prepared to adjust your approach based on evolving market conditions.
DLong
by sunnytrader07
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
DLong
by MyCryptoParadise_Simon
✴️ 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.
Long
by MasterAnanda
2
✴️ 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.
Long
by MasterAnanda
3
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.
Long
by moon333
1
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.
DLong
by Kryptochristian
3