tartankiwi

Digibyte getting ready to jiggy?

Long
tartankiwi Updated   
BITTREX:DGBBTC   DigiByte / Bitcoin
From it's all time high of 2182 satoshis, DGB has lost over 90% of its value... that's a HUGE correction...

However, DGB broke our long term downward trendline and has now found support on the daily.

At present we are consolidating into a descending wedge, currently ranging between 108 & 129 satoshis.

Coin is unbelievably cheap, undervalued, and looks primed to rocket.


I think we're going to see something special here.....

Set stops around 90 - 95 satoshis and aim for > 200% gains

(I do this for fun, do your own research and make your own decision about your investment)

Good luck!

Trade active
Comment:
Ladies and gentleman, this is your captain speaking....

DGB has shown a bullish move to the upside that will potentially reinforce our previous analysis..

Please keep your FOMO in check until we have positive confirmation of moonshot,

Currently we are sitting at previous support / resistance at 139 satoshis, if it breaks, then 158 will provide next resistance... if this level is broken then happy days
Comment:
Correction on last. 162 is the magic number with new support at 147.

Price is consolidating between these levels.

We'll most likely see another run on 162 which we will hopefully break. If it bounces then analysis could turn bearish with drop to 132.

However i'm still bullish on this... raise stops to late 120's.
Comment:

Potential bullflag on the 30min
Trade closed: stop reached:
Trend ran out of steam. Stops hit.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.