DGB has got a bad rep because of the constant shilling during its massive bull run in May - June and its subsequent fall from grace but I still see potential in Digibyte but even more important than my sentiment, all signs point to DGB finding its bottom in the next 24hrs. DGB is currently oversold on the 4hr, 1hr, 30min, and 15min (and still has a little more room to go) and will soon return to the magnetic 200MA as is has been doing during this bear trend from all the BTC bullishness. It's clear that BTC is reaching its top and is grossly oversold on higher time from which means soon, panic will lead many cryptotraders to find refuge in Alts. DGB is certain to be one of the Alts as well as STR and XRP. Be mindful though, there is always the possibility that the BTC bull run will continue much longer than expected... Stay tuned
Trading Signal for DGB
ENTRY: .00000287 - .00000295
TAKE PROFIT: .00000440 - 00000600
STOP LOSS: .00000265
(could be lower if you plan on holding but keep it tight...)
Trading Signal for DGB
ENTRY: .00000287 - .00000295
TAKE PROFIT: .00000440 - 00000600
STOP LOSS: .00000265
(could be lower if you plan on holding but keep it tight...)
Comment:
Looks like my entry was too early and support may be breaking but oversold on even more time frames now...
Comment:
Today ain't the day. BTC going for a run and bleeding Alts once more. will retest this idea when the BTC reversal finally arrives, whenever that is...
Trade closed: stop reached
Trade active:
Re-Entered Trade @ .00000257
Trading Signal for DGB 0.00%
ENTRY: .00000257 - .00000260
TAKE PROFIT: .00000440 - 00000600
STOP LOSS: .00000240
(could be lower if you plan on holding but keep it tight...)
Trading Signal for DGB 0.00%
ENTRY: .00000257 - .00000260
TAKE PROFIT: .00000440 - 00000600
STOP LOSS: .00000240
(could be lower if you plan on holding but keep it tight...)