Welcome fellow Tradingviewers,
Digibyte one of the oldest projects around in the cryptocurrency market might just have broken a very important level.
In our last analyses we shared our thoughts on the delisting on polienex and why it really did not even matter.
Without further or due, lets start analysing:
We will be analysing DGB using a top-down strategy,...
DGB on the daily chart finally hit the top of the wedge at 79, I’ve been watching it since that last bounce off the bottom trend line. We’re seeing bullish divergence as the price is making lower lows while both the RSI and MACD are making higher lows. If it breaks out here the measured move is to around 110 but that is not guaranteed and certainly not financial...
Hello Friends,
Welcome to the Lesson 2. I hope y'all had been waiting for this one. Hopefully you all understood the first lesson on RSI really well, because this indicator when used with RSI, can do wonders in your trading style.
Lets get straight to the lesson without wasting any time.
Today we will study MACD (Moving Average Convergence Divergence)...
This move has been long in the making, and is more expected than a breakdown. MACD looking primed, fundamentals as good as can be, heavy accumulation going on.
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Welcome fellow Tradingviewers,
We have probably all seen the fued between Jared Tate and Polienex, if you haven't here is a small summary.
Polienex tweeted that their followers should all buy TRX, the tweet quickly got removed but some twitter accounts already managed to take a screenshot. Reportedly the cryptocurrency exchange would have been bought by Justin...
- DGB looks good on daily chart
- tried to support 50EMA several times and even 100EMA
- buy: 70-80 satoshis
- targets:
- 90 satoshis
- 105 satoshis
- stop loss: 65
No trading advice.
DGBBTC : Falling Wedge on classical support and resistance Zone.
1 Day Time market is Bullish Confirm.
Weekly or Monthly trend Bullish Not Confirm yet.
Market need to test At-least Main bottom.
I have Highlight in green where market has tested our Main Bottom But
I am not happy with that Crash still Need to wait for major trend Confirmation.
DGB seems respected to the last waves fibonacci extension levels as 0.618 and 0.5. I predict price will respect 0.786 extension level as well, bounce from 61 sats area. Due to this fibonacci study, target will be retest of 0.618 level but in reality some price action resistances are on its way. After Poloniex exchange delists digibyte, it's now trading at Bittrex...
Check out My Omega Trend line for Money Flow on DGB.
This is for my future reference when I feel like reminiscing in one of my 5 houses with my pet Capybara.
