$DGB is entered a strong support zone in the green box also price is showing bullish divergence on daily RSI and MACD.
Price is reached 2 years support line (yellow).
$DGB is a great project with big community support and decent PPT.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
Welcome Back!
Today I made an update on Youtube detailing 3 coins i felt were ready for a new cycle. DGB was on that list.
With that being said, let's dive into this and see what is in store for us!
Taking a look at the daily chart, We have finished the 3 step process I look for when finding a profitable market cycle.
What you want to see first is always...
I'm long on DGB so take that into account as biased but this movement has left some markers to zoom in on. DBG at the end of a wedge and also approaching some hidden Gann lines. Me being LONG on DGB, I am hoping for a break up but if it falls, I buy more.
Keep Eyes on DGB Breakout then buy and HOLD For Long Term as well as Given pevious Some Breakout in DGB Charts.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Digibyte is fundamentally strong, super fast, and one of the oldest blockchains around. It's taken a hit along with the rest of the market and is now flying under the radar. Please use this IDEA for confirmation of your own charts and ideas only. There are some nice markers and lines that fit.
Since I was in a huge profit, I was holding many coins very long time.
Joined crypto Nov 2016, Started to buy shit coins in early 2017 .
Sold my many bag from May 2018 to Nov 2018.
I am not hurry to re-buy my bags . Waiting for the break-out.
Digibyte is one the strongest coin in this bear market.
If you bought in the beginning of the huge bull season (...
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line (I don't recommend you to sell in loss.)
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell when you get some profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for...
Everything on this chart starts/runs on symmetry and time tested areas. It's my belief that in crypto the API linked exchanges do a good job keeping the prices in sync. However, With this there is a backlog of prices that each exchange needs to retest because there were so many orders to buy, some exchanges did not have the sell orders to actually fill the buys....
Here we are in the midst of a rebound, wondering if this is a fake out or the real thing. Well Digibyte is dancing to the tune that is playing at the moment and is forming a nice little handle to go with its beautifully deep cup. I'll drink to that!
I own more DGB than the entire bitfinex selling book.
Thats allright for me waiting for 0.015$ if it happen to add more :)
My stop is 0$, im like Warren buffet.
I bought because i consider DGB is one of the most undervalue asset.
If it continue to drop, do you think ill sell? No i bought because i know its very undervalue so i add more.. like Buffet ;)
Trade at...
Technical analysis:
. DigiByte/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
. While the RSI downtrend is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested...
Before we enter the long term bullrun I see a retrace incoming not to far away from now. I did mention that in me previous post. If the green 0.618 holds we see a 30% drop in price for the accumulation zone but if that fails, depending of what BTC is going to do, this level could not hold and could we see a further downward move to -75%. Be aware of that...
DGB testing the bottom trend line (Pink line) that has held since the end of march.
Blue dotted lines show support and resistance levels if we bounce off the pink line or fall below it.
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