Digibyte, along with most of the cryptos that are actually acting well all had 9 counts on the TD Sequential Indicator. All in all, nothing to really worry about. Just the move was exhausted and this is where profit taking usually occurs. Literally, the exact same action as the Bitcoin chart. Which to me, is rather healthy. This is giving the overbought RSI a...
The Digibyte price is stalling at the 200 day moving average. It was able to briefly trade above it yesterday but was rejected. This move coincided with the same action on the BTCUSD chart at the 50 day moving average. Also happening simultaneously is the daily 9 forming on the chart while using the Tom Demark Sequential Indicator. This is usually normally the...
Digibyte is at a crucial breakout point on the 4 hour chart. This saucer formation started on March 12th and we're finally testing these levels today. A move out above this resistance point here should have some legs to get the price to the 3.5 cent level before pausing to at least digest the move. The RSI is flirting with overbought territory so that may delay...
DGB/USD i think that we will see DGB soon in the price of 0.035-0.04$
There's a lot going on in this chart here. Bullish Case Digibyte has closed above the 50 day moving average for 2 consecutive days and it was above average volume. The volume acts as a good confirmation that this was a meaningful move and as long as we can hold the 50 DMA, we should be in good shape. If anything this should act as support if the price gets...
Nothing is certain.... However, DGBUSD forming a nice saucer like pattern on the daily chart. This started forming around mid March and is at the upper end of the saucer. A breakout here + it's meeting of the 50 day moving average is a critical point in this chart. A move higher and accompanied with some decent volume should make for a nice move to the upside. ...
Digibyte has been testing the 50 day moving average and has been showing relative strength. A break through here with meaningful volume could send the price much higher. What do you think?
Here is an update zoomed in with the fib retracement levels. I believe we have finished correction. what do you think?
We are buying DGBBTC around 300 (+/- 10%) Area. First Target 440, followed by 572
I re-adjusted the yellow edge to match the end of the current wedge
Hello Friends, A lot of coins are breaking out, so play safe and cautiously. Please note BITTREX:DGBBTC is forming INV H&S, me and my friend as discussing about lot of coins. Missed to update, XEL (30%) recently. So thought to post all the possible trades which can help you to choose your trades. Please note, all my ideas posted here are my trades and trade...
DGBUSD short below 0.02 and buy back at 0.01 zone
Zooming out to the weekly, This paints a nice picture of where DGB stands. The long lines are strong support/resistance. The red aarow points to a green candle, which to me looks like a neutral doji. It may be sideways trading for a while, but patience wins this race. target is 35 cents first, probably a correction, and 1$ is likely EOY if this keeps up. We are...
What's up ladies and gents, let's take a quick look at DGBUSD on the 4hr charts. We witnessed the Death Cross on the SMA50 & SMA200 back on January 20th and DGB took quite the beating. Fast forward to today and we're still in a downtrend. I am currently long of DGB and looking to pack the bags once we get the Golden Cross indication and the 50SMA crosses back...
This is my first ever chart, I have set up elliot waves with fibonacci ratios. Technical Analysis: Degree of trend: Intermediate I believe we are in the midst of a wave 3 with subwaves 1 & 2 complete. Ending Diagonal Triangle in SUBwave 2 similar to wedge in wave 2 which is caused current wave 3 * Drawn (Orange A,B,C,D,E)* Fundamentals: Longest...
Hello Guys, DigiByte is good for trading as well as Long. It is currently at 56th position in Coinmarketcap. As we can see in the chart, It had a huge growth around summer last year. It is more likely it would happen again and would grow beyond possibly. We are currently sitting at the Elliot wave pattern 2. MACD, Histogram, RSI showing a positive signal...