DigiByte (DGBBTC) just woke up after a long, long sleep. This altcoin is one of the first to be created and a complete classic.
It normally holds really strong (no new low) and it tends to go up strong when in bull mode.
Feel free to hit like now and let's get started with this analysis... Thanks a lot for your continued support.
Let's take a closer look at the...
DGB/BTC Daily Chart appears to be breaking out of a descending channel.
1st. Target at 232 (previous support).
2nd target: 300+, top of descending channel
This would potentially complete a 18-pennant in the making.
Channel breakout with sufficient volume confirms long position. SL @ -3% penetration of channel support after breakout.
The recent drop of dgb required a re-evaluation of the chart. Based on the present information the over all trend date has been moved back about one month, which will in turn should increase the btc run value by approximately 100 sats. As long as the new bottom holds, the August should be the new approximate run time.
Repeating the same patterns, could POLONIEX:DGBUSD hit $9-$10 end of the year or Jan 2020?
There was a double bottom before May 2017 when POLONIEX:DGBUSD went parabolic. Then another spike in Dec/Jan after a rounded bottom formed. (I already had a buy signal before McAfee tweeted from Dalin Anderson)
Similar parabolic wave pattern in 2015/2016 as well without...
Digibyte is coming to the End of a very long 2 year chart pattern, typically the end of this pattern results in a substantial bull run. I believe it would be very foolish to continue trading this coin for small gains and a Hodl Mentality should be taken for the next major run. The Tech Behind Digibyte is solid, Probably more so than most of the other alt coins....
Hey crypto traders
Getting back to posting daily charts and findings;
I am going to just post some coins that have dropped into the support levels. These levels have some of the most financial upsides.
Not telling you to go ALL IN on these prices but, deff a good time to start watching and trying to get some good entries.
In the next few posts I will get...
Notice the volume here. I've posted about this before on Twitter. This is what happens when a LARGE buy order is placed and there is not enough sell orders to fill it. The price must range up and down along the center line. Often this bring over reaction, FOMO , overbought, oversold. Knowing this can really set you up to setup a plan. Pay attention to the color of...
Hello Everyone Hope you are making good profit from my signals
Here is another signals for you hope you will get good profit from this call
DGB Bounced from .618 level also we have strong support at MA50
Morning Star Candle Spotted which is a reversal sign
we can also see Golden Cross Soon which is a indication of big bull rally
Current Price 309
I think DGB is a good coin, with a great community and bottom has been found.
We have seen a 1 wave from 230 - 400 sats. We are in a 2 wave which is close to finish and a 3 wave will start soon ( probably when btc correction finishes ), that should take us to 550 - 600 sats, where we will find a big resistance.