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thehiphoptorpedo
Jan 21, 2018 11:52 PM

If DGB moves, I hope you got a bag... 

DigiByte / BitcoinBittrex

Description

...because it could be big. RSI bottomed out 5-6 days ago and shows rise. MACD looks sweet on a 4hr chart.

I'm watching DGB close for the next 24-48 hours. If it breaks and closes above the downtrend line, I expect it to meet resistance at 620. If it breaks this, I'm looking for it to go to 750-ish before a slight consolidation or retrace. Possible upper boundary sat level could be 1000-1200, but its going to meet a few resistances on the way up. I don't give specific buy/sell targets but I would recommend scaling your sells upward at the fib levels if it increases. Obviously watch BTC because it can derail everything else.

These are not buy/sell projections, just my analysis.

Comment

Looks good. If it hits and closes above the .236 fib at 535 we can confirm rise

Comment

BTC holding DGB and other alts back, but I'm not worried yet. Original TA still stands
Comments
SrSr
Thank you !
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