UnknownUnicorn2091450

$DGB - Digibyte Daily Analysis - Bittrex

Long
BITTREX:DGBBTC   DigiByte / Bitcoin
DGB is showing some signs of life here and I have my eye on this coin for investment. We have the current candle sitting on both the 20 period and 50 period moving averages with a possibility of a crossover if price continues to climb which is a good bullish signal. We are still well above the 200 period moving average so these are all nice bullish signals for this coin. We may see a MACD crossover but the issue is flat volume and momentum have to pick up. I wont consider an investment until we break the upper trend line and stay within the channel. If volume and momentum pickup, we may see a close above the 50 period moving average, see the cross over and break the trend all together. If this doesn't hold, we will continue to see consolidation for another day or so then see which way we break at the end of the triangle
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