HITBTC:DGBUSD: Strong Buy
Analysis Method: Fibonacci & Wave Theory
Immediate Target: $.00807-$.00935
Estimated Gain: +44%
Wave Count: Minor Wave 5
DigiByte is a rapidly growing open-source blockchain created in late 2013 and released in early 2014. According to the DigiByte.io website, it claims that after 6 years of forward-thinking...
No worries DGB holders....
Just be prepared to take some profits when we hit .009 - .01 c
This is an expanding flat correction. Don't panic..double three combination motive is in effect.
Toss 500 into it if ya want...
Double up! Listen to lyrics
the next few years look like a great opportunity for Digibyte.
Looking at the track records of the previous cycle one can imagine the potential.
Leaving this chart here to see how the future plays out for DGB
Personally I am only committed to sell 10% of any remaining DGB at any given milestone that it reaches.
Never selling more than 10% of remaining positions...
Is this it? Alts are about to get a big hit once more as btc might be getting ready for a bigger correction? Purpose of this observation is just to give an idea when the long term bottom might be hit. It seems like crypto is going into to much tougher times.
Digibyte could get huge during the next week.
55 EMA and 200 EMA got together forming a good support.
RSI still has room to go up.
MACD is changing direction.
There's room of 17% profit when it tests the 21 EMA resistance again.
But it could be a joke breaking it if we consider that Digibyte has a few interesting new features that should be out in Q1.
Digibyte has both good and bad fundamentals. While some major media and companies still ignore Digibyte, the project is very competitive itself.
Here we can spot Average True Range on DGB charts, while short term we might see even lower price range, in long term DGB has a great possibility to uptrend.
Digibyte's previous bullrun shows a break way above it's previous highs.
For those of you who are drawing a trend line from $0.06 to $0.13 and thinking it's going to hit the line again and finish it's bull run around a few dollars. Consider the previous bull run.
It broke way past that trendline. Maybe $150 Digibyte isn't out of the realm of possibility after...
Did it hit the bottom? Perhaps, it certainly looks that way. Long Term projection is UP.
Why do I keep posting charts on Digibyte? Simple, it is the perfect cryptocurrency. Security, It is more secure than Bitcoin, it is unhackable. It is the most decentralized coin without POS or an ICO. Even miners can't centralize it like China and Bitcoin. Speed, It is faster...
DGB/USD Pairing has been touching bottom for almost 4 weeks now floating around .0065 since it's decline from the .008s
If the price passes the trend resistance at .007 it could be the start of a path back to .009 which would be a gain of about 30% from where we are now. .0065 ->.009.
If price we to fall below and out of the...
Each asset has it's own market cycle, I am trying to find a market cycle of both and a correlation of Digibyte to Bitcoin market cycle.
Putting some average price targets, which are not at all accurate. But trying to find a trend reversal point on the chart based on timing of a previous market cycle and halving effect on price action.
This is a test to see how many views this chart gets and to see who is paying attention.
Hardly is D-Byte dead, Volumes may be dismal and the price has not been moving for months. However, all roads say up and given the current state of crypto's with everything moving down, D-Byte has been holding its ground and that says something. With constant improvements...