Sparkster

DigiByte Weekly Review

Long
HITBTC:DGBUSD   DigiByte
Overall chart suggests DGBUSD is consolidating above a significant horizontal, with current price action leaning up.

The 50 MA is now pointing up after the long correction since previous ATH.

MACD is still pointing down however, so perhaps this week will see DGBUSD building pressure against the top of the triangle, with next weeks momentum turning up strongly enough for a decisive breakout towards the 160% target we previously set.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.