What do I see from Digibyte chart, that is hardly dumped and it's price is highly low. Currently Digibyte is undervalued and I see falling till 120 - 110. But then we may see sudden pump. Cycles indicator is showing new downtrend. So, I will wait for lower price to buy it. Good Luck !
Based on the daily chart we have a buy opportunity. Possible upward movement is confirmed by RSI reversal in the oversold zone and MACD histogram. We can use lower time frame for getting a better entry level. If we look at the 4H chart, we can see a bullish divergence at the support level. It gives us a trend reversal signal. MACD supports upward movement. DMI...
Good bullish divergence for another upside swing on
DGB is making a slight recovery, we need volume to pump it FOMO;)
So, my idea is that Digibyte will increase in it's price for 20%-30% between 1-2 days. If not, it may go lower to 114 satoshis. Slow Stochastic shows oversold level. Put your buy orders at 155-160 satoshis and sell orders at 200-230 satoshis. Stop-loss 130 satoshis. Good luck !
Just for kicks, I decided to see if I could chart the next movements for DGB. This is a coin plagued with a tragedy equal to its amazing success earlier this year. I expect to see a bounce off its old 100 sat support and then a corrective retracement.
Bitcoin fork, BTC climbing over 5K will send Digibyte down below 200 until Bitcoin corrects <---- LOL~!
We can open the STR / BTC chart to see that its price has fallen very low in this zone and has returned to the initial level where it has been for a long time but that's only the price in dollars has remained many times higher. Also you can look at my analysis etc \ btc where you will see that its price also goes to the bottom. Now on the chart you can see that...
I must admit it was always one of my favorite coins. After forming a double bottom (I do not believe much in this kind of patterns) but came back resulting in previous charts how the double tops. The lines are perfect, the bottoms, the neckline, the cruising trendline. Everything is given and if the volume accompanies DGB is likely to reach the two objectives....
I see the opportunity to BUY DGBBTC it is going up to the 0.0000038 area pretty much for sure If you hold sell position I recommend you to close soon If you like my analysis please help to like and follow Thank you