swing trade: could take a couple months or even years to play out.
notes about the MACD included on the chart
MACD in a range where a possible bottom is already in
DigiByte hit an All-Time High late April 2021 vs Tether in a bull market that lasted 413 days.
A bear marked followed from April 2021 until November 2022 with a 96.52% correction (-96.52% from top to bottom), a total of 560 days.
There can be another drop after a relief rally that ends up in a new low, this is something that is yet to be seen but the...
digibyte taking a shot at the 50 week moving average
pulling away from the top of the down trend channel
an exhaustive MACD consolidation
is it time for some reall positive momentum?
some interesting challenges ahead
sentiment seems to be favoring continued selling pressure
and in when the crowd thinks bearish... the market goes bullish
also... some think that if we do go bullish then it must sure as hell be the end all, of end all bull markets
....markets also likely to disappoint
what no one is expecting is to go back to the recent highs and flounder around for a couple...
I don't make the rules but this chart of DGB one of the oldest coins in crypto 2014 and in every main exchange already is just reminds me of the Doge scenario 2019/2020 that I made drawing Doge bottom to go to a new all-time high
Those who know me since 4 years ago, can notice a shift now in my charts since 2021... Do you feel the same vibes of 2019-2020...
I HATE THE TETHER CHART BECAUSE IT DOES NOT SHOW THE TRUE SCOPE OF THE ASCENDING TRIANGLE WITH IT MINIMAL HISTORY.
Digibyte and Litecoin have had very similar movements over the years, sometimes DGB leads the rally sometimes LTC leads the rally. They have both been in a macro multi year ascending triangle and I believe the breakout is very near. The SEC is...
Potential entry on the breakout here.
Have dabbled with DGB over the years but never been a true believer.
No major confidence in BTC's run so personally I'm riding the sidelines but a play here would make sense with a tight SL.
Any thoughts on it?
As always, NFA
Just my own thoughts and TA.
Feedback Welcomed.
Bingaz
DigiByte (DGBBTC) continues doing good with its low being hit May last year.
After this low was hit, we have bullish consolidation taking place.
A strong bullish signal right now is the fact that this pair is trading above EMA50 and EMA100 as well as EMA21 and EMA10.
We have an active trade for this one, see below... Patience is key!
These things take time to...
DGB has a ton of bullish divergence on many indicators. The last time this happened while bouncing off the trend line support DGB had a massive move straight up. I see a minimum of $.15 hitting the top resistance of the triangle and then if we break through the measured move would be insane. This move could happen very quickly like it has the last couple of...
This pattern is not as big as some of the others but it's still a nice respecatable looking CwH that has good risk to reward with a Harmonic Target of the AWR.
Forming Falling Wedge In daily timeframe Incase Of breakout expecting 140 to 150% Bulish Move
Sl Can Be Placed Below wedge Keep In Mind Entry will be Only Valid after Confirmed breakout
DigiByte (DGBBTC) has been consolidating since May 2022... This is a long-time.
The longer the accumulation phase, the longer the breakout when it takes place.
With an average price of 44 to 48 satoshis, once this pair takes off it will go to 99 within days and even to 135 or beyond.
That is a huge 100% to 185% and this is very likely to happen in a matter of...
Hello, dear traders. how are you ? Today we have a setup to buy/long the DGB symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Hi dear friends, hope you are well and welcome to the new trade setup of DigiByte ( DGB ).
On a daily time frame, DGB has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Digibyte and Litecoin have had very similar movements over the years, sometimes DGB leads the rally sometimes LTC leads the rally. They have both been in a macro multi year ascending triangle and I believe the breakout is very near. The SEC is coming after everything and there is no doubt about that. On coinmarketcap there is maybe 5 or 6 cryptos that are no...
$DGB reached support line from 2017 and also touched horizontal accumulation level since 2017.
It's a great time to accumulate.
Not financial advice.
Good luck!
