Digibyte: New All-Time-Highs Soon? Long

DigiByte / US DollarBittrex

Description

⋅ Feb 16, 2021 1:21 PM

If BTC keeps steadily moving up, this is roughly what we can expect out of Digibyte.

Obviously, btc has a mind of its own, so if this parabola breaks - it's likely due to a btc correction.

I was not expecting to see DGB reach all-time-highs this quickly, but it looks like the time has come.

After almost 4 years of sideways consolidation, Digibyte is ready to run.

(not financial advice ;)-<

Comments

Sugar_Princess

⋅ Feb 16, 2021 5:26 PM

Longer the accumulation bigger the BREAKOUT!

You think we'll get there buy March? I think that's too soon but wouldn't be mad it if happened :)

Ascetic_Rising

⋅ Feb 16, 2021 5:53 PM

@Sugar_Princess, I think it's possible.

If you look at the 5 year log chart, Dgb has basically been accumulating since January 2018. In that light, I think Digibyte is spring-loaded and ready to pop - and arguably overdue.

This idea is loosely based off some fractals I've noticed between Doge/Usd and Digibyte. Their long term charts look stunningly similar.

Now, if BTC runs up to touch 64K or so and corrects back down to the 40k region before mid-March, then the Digibyte run might have to be put on hold and I suspect this parabola will be broken. However, if btc continues to inch up steadily, allowing alts to do their thing, then we might be in for a bit of an early surprise for Digibyte ;)