After Wave 1 , DGB has consolidated in a big ascending triangle.
Supported by EMA 20 and golden cross coming with EMA 50,100 & 200 , this triangle could break it up to previous high and engage Wave 3 to break resistance above.
Entry @237 with tight SL.
Wait & See
Stay safe , Trade Safe.
I shared this same chart on the weekly timeframe mentioning that bullish action is still possible...
Looking at the daily, I am getting the signals and feelings that DigiByte (DGBBTC) might go lower before doing more up.
Of course, the chart is technically bullish with prices trading above EMA10... But we are seeing lower highs, low volume, and the MACD starting...
Support / Resistance
If we re-draw the resistance line to line up with the peak of the binance-listing-induced pump candle, we see that the pennant really held that line, despite a tiny failed break-out at 250sats.
Now, looking at the MACD signal line, one has to wonder if it's going to continue bouncing off of the MACD line, or if it'll be more reminiscent...
The high timeframe view of DigiByte paints a rather bullish picture when taking multiple considerations into account.
First, we have an explosive move off a long-term support. The low prices printed in the first quarter of this year are confluent with levels going back as far as 2015.
Next we have a daily equilibrium pattern (higher lows, lower highs)...
Hi guys and gals hope you are well and welcome to the new update on Digibyte coin. The DGB has surged more than 450%. Therefore in today's article we will try to understand how this coin completed its bullish setup before this bullish move and what the price action can do next.
The big harmonic bearish Shark move:
On June 25 2019 almost a year ago I posted an...
Coinbase just had a new announcement where multiple altcoins are mentioned, they are researching and opening themselves up to more choices...
Here is the full list shared in their blog post about the altcoins on review:
"These new assets include, in alphabetical order: Aave, Aragon, Arweave, Bancor, COMP, DigiByte , Horizen, Livepeer, NuCypher, Numeraire, KEEP...
Here on the 1 Hr I'm seeing $DGB at bottom BBand @ 229 sat as well as possible bullish retest after breaking out of 1 month bullish pennant. However, theres been a bearish MA cross which has recently resulted in 3-10% losses within a couple of days.
Mid to Long term im bullish as ever on $DGB. wether we see one final shakeout before takeoff remains to be seen. Good luck!
Ok, DigiByte (DGBBTC) is now available for trading everywhere but the question still remains... What will happen next?
Here we have the weekly chart after some really strong bullish action but as usual, this is only the beginning... See this chart below:
Technically, DGBBTC is full bullish.
We have prices trading above...
We have been watching this beautiful ascending triangle into a Phase D area of the Wyckoff accumulation area. There are rumors that DGB will also be listed on CoinBase and having recently been listed on Binance, it could put the pressure to drive us up to the 380 Satoshi area. This Wyckoff model can go either way, but we start to pick our price entries here for...