POLONIEX:DGBUSD   DigiByte / US Dollar (calculated by TradingView)
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The first wave of DGB took us to $.06 +. Second wave has been completed and has formed a nice bottom. I predict upward movement once capital flows from BTC back into alt coins on or before 11/16. Therefore, wave 3 coming soon. Wave 3 should take us to at least $.16. Then, a retracement back to blue support line. We should arrive at $1 by Oct. of 2018 if and only if we stay in the blue channel.

Fundamentals:

i) DGB blockchain is fast! Transactions confirmed in about 6 minutes. 15 second blocks.

ii) Volume of transactions per second doubles every two years. 280,000 transactions per second by 2035.

iii ) 5 mining algorithms to prevent centralization. Algorithms can be swapped out in the future.

iv) Segwit activated so cross-chain transactions are possible with BTC , LTC, and VTC , for example.

v) Distributed over 100k+ nodes so more decentralized.

vi ) Longest blockchain at 5 million + blocks

vii ) Real-time difficulty adjustments to prevent 51% attack. Pioneered Digishield and Multishield.

Conclusion:

We may have a sleeping giant that is waking up very soon. Board the train if you so desire. This trade requires patience.









Comment: An excellent entry point is 113 sats.

However, you may be able to acquire for 100 sats if BTC continues upward movement past previous all time high.
Comment: Confirmation of reversal if price reaches 146 sats.

A major correction in BTC price is necessary to see significant upward movement.
Comment:
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Comment: A bullish scenario:

Comment: Inverse head and shoulders formation on BTC & DGB charts:

Comment: A bearish scenario for BTC & DGB if BTC hasn't finished its ABC correction:

I tested this theory using a different scale and came up with the same target and time frame. However, I think think depending on what happens the next few weeks with the market, there is potential that DGB breaks up above its current long term trend and starts a new and more aggressive growth pattern. Either scenario is very good though.
+2 Reply
when moon?
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