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DGB / TetherUS

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DGBUSDT trade ideas

DigiByte (DGB)"DigiByte is a rapidly growing open-source blockchain created in late 2013 and released in early 2014. After 7 years of forward thinking development, DigiByte has become one of the safest, fastest, longest and most decentralized UTXO blockchain in existence." I think the price of DigiByte to visit the $0.30 USD, long. What do you think? Please comment. This is not financial advice ! Please do your analysis and consider investing! If you like my charts, Donate me. Thanks bros. USDT TRC20 - TYwe9k2RkwvzHsv2QpsBokZvHXryuDqPTF
Long
by df777
DGB (DigiByte) Coin Analysis 20/03/2021Fundamentals: DigiByte (DGB) is an open source blockchain and asset creation platform. Development began in October 2013 and the genesis block of its DGB token was mined in January 2014 as a fork of Bitcoin (BTC). A longstanding public blockchain and cryptocurrency, DigiByte uses five different algorithms to improve security, and originally aimed to improve on the Bitcoin blockchain’s security, capacity and transaction speed. DigiByte consists of three layers: a smart contract “App Store,” a public ledger and the core protocol featuring nodes communicating to relay transactions. DigiByte is a modification of Bitcoin which aims to diversify security, speed and capacity possibilities. Its first incarnation was as an open source blockchain and associated cryptocurrency, DGB. The network has five separate algorithms which help to maintain security and help prevent ASIC miners from commandeering too much power. Later, another offering, DigiAssets, appeared, with DGB as its native token. DigiAssets appeals to those developers looking to launch digital assets, decentralized applications (DApps) and encode the necessary corresponding smart contracts. All governance structures for DigiByte are run on a voluntary basis, in line with the thesis that the network should be open source and publicly accessible. Transaction fees in DGB are paid to miners for validating the blockchain. DigiByte was created by Jared Tate, also known as “DigiMan,” who oversaw its metamorphosis from development to its current setup before announcing that he was temporarily retiring from his position in May 2020. Tate has since returned, and as of September 2020 once again appears closely involved with DigiByte’s growth. Tate’s biography states that he was involved with Bitcoin from 2012 onwards, and authored the first book written by a blockchain founder, “Blockchain 2035: The Digital DNA of Internet 3.0.” DigiByte’s operations depend not only on developers, but also the DigiByte Foundation, a volunteer organization tasked with overseeing preservation of the project. A third group of volunteers, the DigiByte Awareness Team, is responsible for marketing and promotional activities. Technical Analysis: Hidden Bullish Divergence with MACD Histogram which is the sign of trend continuation 3TP done By Fibonacci Projection
Long
by BitonGroup
6
DGB PERSONAL ANALYSIS IN THE LONG TERMChart shows common supports and resistances based on the Fibonacci and price action. The coin's total evaluation is bearish. The short indication alarm from this chart is to not show a consistent short position in this asset, but to account in more selling of the positions at previously tested selling areas (resistances) and that in a future bear trend for BTC, a short position is more likely to be profitable in this coin rather than the others like SOL/MATIC (based on performance over a long period of time). The asset did not create any sort of higher highs nor lower highs which means disinterest in the audience to keep the price above and that it already visited the Bear Zone once with a very bad skew of 200 Day Moving Average. The recommended strategy for this coin is to only long it in the 2 major buy orders and sell most of it in the next resistance. When BTC becomes a bear and probably would get rejected around the 68k again or so, DGB is one of the assets you should short by then, doesnt have to be now since the overall market sentiment at the moment is bullish so even bearish coins gets a little pump.
Short
by Wamses
DigiByte vs Tether - Lots Of Room Available For Growth!Here we can see that DGBUSDT (DigiByte) is still trading below EMA50, which can be considered bearish. Also, the MACD is not yet bullish and the RSI below 50, some small bearish signals... Yet, positive horizon. The charts can change fast anytime, any day. DGBUSDT has been printing higher lows since June, which is bullish. Other Altcoins that tend to move together with this one already moved. We also have experience with dozens of charts that looked just like this one but now instead of below EMA50 prices are trading high above it. The bullish sentiment is strong. DigiByte might just be getting ready to grow. This is not financial advice. All the information I share is for learning/entertainment purposes only. I am so grateful that you are here today again reading. Thanks a lot for your support. Namaste.
Long
by AlanSantana
7