Hi every one
DGB/USDT has formed a cup and handle pattern which means the price can increase after the break out happens there is also a Hidden bullish divergence (+HD) on MACD as well which strengthen our expectation about the bullish movement!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
The market has been exploding everywhere today.
Was scanning through some charts and stumbled on DGB/USDT
Full disclosure I'm not in DGB and this is the first time looking at the chart....
This coin looks primed to explode.
If it can break out of this triangle it can hit .20 which is nice. On the macro though a move out of this triangle would likely pull...
Digibyte is expecting to go sideways between 0.14 and 0.148 until it get squeezed by the end of the descending triangle within the rising wedge with an upside of 25% to reach the 0.19
Trade at your own risk.
So this coin here, Digibyte is not very well known but has an interesting chart.
It tends to have a solid bottom area with regards to BTC, and had really good pump potential in the past.
The new bottom area is higher than the last one before the 2017/18 rally, which is also a good sign.
I think this coin will see some excellent gains in the new altcoin rally.
1) Broke the parabola, which signaled a correction;
2) Did a nice correction in 0.618 fib zone;
3) Did RSI and MACD correction;
3) Good support at EMA 50;
4) This was the FIRST WAVE in long term.
Target 1: U$0,16
Target 2: U$0,22
Target 3: U$0,29
DGB is one of the older coins and has been lagging significantly. Definitely one linked with SC & DOGE which also did a full cycle vs BTC. Look very nice and healthy and in my opinion once it closes above 200 sats it could easily go much much higher. It has a pretty big fan base and I am surprised it hasn't pumped yet given that many coins that have similar...
DGB is forming an ascending triangle and also there is a double bottom. DGB has one of the most active teams in the crypto space and the team is working hard on the developments of the project. We are expecting a good rally in DGB after it breaks the horizontal line resistance of $0.126.
Buy Zone: $0.15 - $0.12
Target: $0.133 - $0.146 - $0.158 - $0.169 - $0.183...