A review of the posture of Digibyte, following the completion of three corrections, printing three successively higher-lows.
In terms of Elliott Wave analysis, there are two interpretations:
DGB has now completed a Wave 4 and commenced a Wave 5; or
DGB has completed a Wave 2 and just commenced a Wave 3.
Either case is bullish and is well supported by...
Taking a closer look at the Digibyte chart in the daily timeframe and adjusting slightly for BTC Hashrate slowdown due to the exodus of Chinese miners, and the Fractal is even more strongly correlated.
What do you think? Do you have any targets for DGB?
W'e're in the 5th wave longterm, and 5th sub-wave shorterm. I am expecting extensive 5th wave longterm, 0.18's breakout and great exponential growth in the next months.
We can buy, add more at 0.02.
Targets: 10, 29, 53
From now, I am DigiByte holder.
See you soon!
In this Digibyte study requested by a subscriber, I look at the longer term market structure of this Proof of Work crypto currency through the lens of the BTC halving cycle, assuming a continued correlation to that cycle. There are some apparent target for the peak of the current market cycle in both time and value, and future projections for the subsequent...
Digibyte is showing a lot of respect to the 05.8 cent to 06 cent area and in my opinion is very bullish going forward for the next couple months. Targets to come as we move forward, let's make new highs first.
Look at the historical resistance this area has played in the past and now has conquered it and flipped it to support.
Your patience &...
The selling pressure on DGB is weakening so in next days DGB could recover to 0.065$ zone or even pump strongly to 0.08$ and 0.1$ zone. So in this period, we will keep accumulating DGB at 2 support zones : 0.05$ and 0.055$ zones. But if it loses 0.05$ zone it will fall down to 0.04$ zone
🔴Buy : 0.0538-0.0562$
🔴Buy : 0.0488-0.0512$. SL if B
I think people need to pay attention to #DGB. In early 2017, $DGB had a spike, and then at the end of 2017 DGB popped 120% from the previous high earlier in the year. If DGB repeats this same pattern, we could easily be looking at a 625% increase from here on the second run up.
And that is without being listed on Coinbase, or any new partnerships or project...
Hi dear friends, hope you are well and welcome to the new trade setup of DigiByte (DGB) with Bitcoin pairt.
The previous chart of DGB with USD pair is still going good and will hit the sell targets soon.
Now this time on the monthly time frame chart with BTC...
The market has been tricky the last couple of weeks, providing a relatively wide range trading for most cryptocurrency pairs. However, sooner rather than later the range trading will be over. The DGB price action is much weaker than most coins, thus it can be dumped further during the next week.
It had a good support level in the range of 3 cents
It is currently resisting in the range of 6 to 7 cents, which corresponds to the level of 0.236 Fibonacci trend base (in weekly time)
Surely, after the completion of the Bitcoin pullback and the beginning of the upward trend of the market, this resistance will be broken with strength. (in short-term)