✳️ DigiByte | Update (Name Your Altcoin #21 ✅)
We already looked at DigiByte long-term and also at the possibility of a sudden price jump in the range of 1-2x just to start the next bullish phase/cycle, these trade ideas are available at the bottom of this post in the 'Related Ideas' section.
Today we are going to have a closer look at the current price action at the request of one of our followers.
On the daily timeframe, we have a consolidation pattern that is almost a year long.
The black line on the chart is for MA200 while the grey one for EMA300, DigiByte has been battling with these two lines as resistance.
Yesterday a break happened above MA200 and today's price remains above this level.
The RSI is really strong and we continue seeing higher lows... All the signals are pointing towards a bullish breakout in the weeks to come.
Patience is key... The only action left is for us to wait.
The time for breakout can vary between several weeks, 1-3 to just a few days...
We can only read the signals, the market will take care of the rest.
Namaste.
Today we are going to have a closer look at the current price action at the request of one of our followers.
On the daily timeframe, we have a consolidation pattern that is almost a year long.
The black line on the chart is for MA200 while the grey one for EMA300, DigiByte has been battling with these two lines as resistance.
Yesterday a break happened above MA200 and today's price remains above this level.
The RSI is really strong and we continue seeing higher lows... All the signals are pointing towards a bullish breakout in the weeks to come.
Patience is key... The only action left is for us to wait.
The time for breakout can vary between several weeks, 1-3 to just a few days...
We can only read the signals, the market will take care of the rest.
Namaste.
🔥 PREMIUM Trade-Numbers
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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