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PatrickHob
May 17, 2021 9:23 PM

Holds and buy the dip Long

DigiByte / US DollarHITBTC

Description

Digibyte get setback and delay lately from continuing upwards after the Bitcoin had the recent correction of 20% down. Digibyte has the potential of growing up 100% up to 0.19- 0.20 in the near short term. As we see we have Digibyte fall from the 0.15 area to 0.10 now touching the major support line of 0.097 but did not cross it. Also we have the trend is going into a falling wedge witch near the end now.
Falling wedge is a Bullish pattern, so I expect the breakouts should happen at some point soon. in the event of DGB fall again, the next major support line is 0.0823. This could happen if the Bitcoin continue falling.
So what we are looking for now is DGB to get out of the falling wedge and also the descending wedge right after.
Good luck!
Please trade at your own risk.

Comment

Small update for the very short term, we may dip to 0.9 but we will test after 0.125 resistance. If we can breakthrough, we have a winner, if not back to the descending wedge
Comments
PatrickHob
I can't predict that, the market is the boss here, but from the experience we had from other coins, DGB could reach the $1
dantedbc
Where do you think price can hit by the end of the year if market sentiment improves and becomes more positive?
plumrambo
@dantedbc, stop expecting high prices end of the year , its not going to repeat like that ,its not that easy , this bullmarket wil be over sooner then you think , i expext juli august to be btc top and alts wil have their last run then in 2 weeks of time
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