Meteorite777
Long

DGB BTC Long Term

POLONIEX:DGBBTC   DigiByte / Bitcoin
Just some food for thought when looking at DGB-BTC. I've been looking at it as a long term hold ever since spring of 2017; and after the run up in June/July of 2017. The Citibank awards and even being mentioned on CNBC Fast Money created a fomo that led the price to shoot up into the mid 2000 satoshi range. In December we reached at or near the 800 satoshi levels after a ferver of buying pressure after John McAfee tweeted about Digibyte in a daily series of his tweets about his top alt-coin picks.

We got rejected near the 0.236 of the original highs set during the spring and summer and 2017; but if you look closely we have held an upward trendline and just reversed quite hard off of this line.

I think it's quite likely we will test the 600-800 satoshi range yet again in the not so distant future; and potentially even take a crack at the 0.236 fib from the ATH's set last year.

I sold around 600-650 satoshi on the last pump and started reloading anywhere between 350-400 satoshi's on average. We have ranged between 370-420 for a while but just broke out to 440 at time of this writing.

Take a look at the chart for yourself and glean from it what you will

Happy Trading and Good Luck!
-Meteorite777
Comment: https://s3.amazonaws.com/tradingview/sna...

I added an upper trendline to show possible resistance. I think we can place first TP orders at or around the 600 satoshi level with a reasonable expectation of success.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out