Stacking DGB responsibly (not financial advice) Apply 50% rule for purchases - purchase initial position using half the amount you want to invest - only ever purchase more if the price falls by 50%, using half of the remaining amount - you have an infinite number of times to purchase - apply the same formula to any new crypto position Apply the 10% rule for...
(See my old idea with the other alternative channel option as well) As much as I'd like to see Digibyte bounce here and slowly climb along the edge of the top parallel channel, I'm just not seeing the volume that warrants a lift. What I have learned is that what we want to see is less likely to happen than what we actually end up seeing happen. BTC is still...
Log chart of DGB/USD mapped in a parallel channel with time based fibonacci markers. You can see that DGB is at a pivotal point. Shifts in momentum and direction happen shortly AFTER the fibonacci markers. Thus indicating another 3 or so months of consolidation and accumulation before ushering in a change of direction in December 2019/January 2020. Based on a...
Longer fractal patterns on DGB could supply the fuel required to take it to extremely high levels.
The downtrends in Bonfire indicators above the price should bring some bullish momentum. Pivots are marked and the goal is a a nice cross up over SN, DL and Buffer.. More on Bonfire indicator @ docs.google.com
I don't think DGB gets enough attention despite the community's great work, so I'll go ahead and point out that it's up 44% since its low and has made a very clean set of higher lows along that journey. Worth a read if you haven't looked into it yet. Very trade-able price action if that's your thing and tremendous risk:reward setup if you think the project has...
back for a test at the 200 MA the markets offering traders many opportunities in a long drawn out test of the trend change
a break of the 350 MA would ultimately confirm the bull run for DGB head and shoulders pattern in the process of completing just under the 350 MA
Still some stones in the way. Let's see!
a powerful pattern is forming on DGB bears failing to make new lows breaking the neckline on an upward sloping H&S pattern could trigger rapid price increase volume is exactly as needed for pattern completion. a strong move is likely when the neckline is broken
digibyte experiencing large volume inflow expecting this to break up through a reverse H&S pattern could be visiting the the old highs in the coming days not trading advice
If the bottom of the shoulder line can hold price we can be headed on the way up to making an inverse H&S pattern. A break out from the top would complete the pattern and a strong run up could begin.
Trading Pair : DGB/USDT Exchange: Bittrex Key Support : 0.0113 - 0.012 Key Resistance : 0.015 Primary Target : 0.02 - 0.021
after many tests of the channel tops and bottoms and a few failed breakouts/breakdowns DGB is testing life outside the channel with 50 DMA moving above down slope limits
DGB price is signalling a return to higher trading range with 50 MA pushing through down slope limit
don't you love a good trade war? China fines Ford $160 million for monopoly status China initiates campaign to produce all of its own semi conductors China warns tourists of traveling to USA citing violence towards foreigners And I can't wait to see how many more punches to the gut the glorious leader of mmMerica will deal out for corporations AAAAANYWAY. ...
DGB taking the 4th shot at breaking through the 18 month moving average of lows I am thinking a higher probability of succeeding this time
testing and confirming support at .015 this has been long term resistance next resistance would be at .025