Digibyte is almost ready for some Big Move.Hey, I am back with another technical analysis, this time looking at Digibyte.
Okay, so I was just looking at almost every crypto and found this interessting due to this nice pennant that has occured.
Pennants pretty as this one suggest some big move is about to happen, pennants are short term patterns up to 8 weeks which is exactly the lenght of this one.
So what does Indicator says, will it be bearish or bullish move?
Well, overall RSI is pretty high whole time even when Bitcoin was falling, notice how each time RSI is higher than 70 for a month, than it most times drops under 70. But about our situation DGB is looking good in demand, found support at 44 level, which is a good sign , lets see how this will evolve.
Moving on the MACD, until today the sellers are dominant for 30 days, can this trend continue for so long ? Well it looks like the sellers are slowly losing their dominant position and buyers are coming back to the scene. MACD about to give buy signal, lets see how strong the impulse will be.
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my Discord channel!
Hope I made your view on whats going on with Digibyte somewhat clearer.
If you like this Technical Analysis let me know in the comments, Likes are aprreciated, Thanks !
If I see something worth to share on the chart I will surely do an Update.
DGB
DIGIBYTE: EXCHANGE ADOPTION & WALLET SUPPORT - PROFIT = 22.14%!Our "Crypto Bottom" Trading Indicator has correctly identified a buy in point on the 18th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 22.14% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Abra the first and only all-in-one app adds Digibyte to its app ( Abra -3.33% is an app that allows users to buy, sell and store over 20 cryptocurrencies and 50 legal currencies)
April 4: OkCoin (Korean cryptocurrency exchange) adds support for Digibyte.
April 6: Exodus Wallet adds Digibyte support.
April 14: Proposal that Digibyte will fund David Hay's Cúcuta humanitarian project.
April 18: South African cryptocurrency exchange Artis Turba adds Digibyte to its list of tradeable cryptocurrencies.
April 25: Digibyte releases their Android wallet.
April 25: Digibyte officially announces Digi-ID (integrated with their wallets). This is a DigiByte Blockchain-powered authentication service that can be used to replace username & password combinations and even 2FA. This allows users to register and login to any website or webshop with a single click or QR code scan.
April 26: Digibyte announces their IOS wallet (beta).
April 30: CryptoLark (Youtube Personality) has interview with Jared Tate (founder and creator of Digibyte). This has generated publicity for the cryptocurrency.
May 4: Okcoin (Korean exchange) lists Digibyte.
May 7: DigiByte annnounces that is now ready for cross-blockchain The Blocknet (The Blocknet orchestrates dapps and smart contracts into a "token ecosystem" via blockchain routing & decentralized exchange).
May 31: The NASDAQ for encourages investors to look at the DigiByte via their article: "20 Cryptocurrencies to bet the house on".
(NEW) June 4: Digibyte gets mentioned in a Techcrunch article.
(NEW) June 5: DX.Exchange adds Digibyte.
(NEW) June 5: Guarda announces support for Digibyte.
(NEW) June 6: Livecoin (cryptocurrency exchange) adds the following Digibyte trading pairs: DGB/ETH, DGB/USD and DGB/EUR.
(NEW) June 6: Digibyte announces that Digiwallet RC7 (Android) has an 86% adoption rate and is 100% crash free.
(NEW) June 7: Jaxx wallet announces support for Digibyte.
The positive developments have led to the increase in demand for and hence the price of Digibyte (this is especially due to an increase in exchange adoption).
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
DGBBTC BITTREXKeeping a close eye on DGB right now as I heard there was a rumour it was going to be listed on binance. Technically it shows DGB has had a strong push to break out of a triangle that had formed. It has broken through a 4 hour resistance and is currently forming some indecision in between a support and resistance. Looking for a retrace here to retest and then a bullish engulfing bounce off the recently broken resistance. If it continues up I will be looking for a close above and retest of the next level of support/resistance.
DigiByte: Money Flow, buy opportunity, short-term targetDigiByte moving on good news and good TA:
targets 500+
#Digibyte looking to break above key resistances #DgB #cryptoDigibyte has been bullish since the breakout of the falling wedge , 1st impulsive wave hit a swing high of 436 sats then we saw a bullish 38.2fib retrace . Then Wave 3 made a swing high of 530sats.
Currently it is consolidating in a triangle pattern , looking to break above major resistance levels at today's closing.
DGB trying to break above trendline resistance, 20,50 DMA & cloud resistance around 450-460 region.
RSI is curving above 50.
There can be two possibilities for wave 5.
Link to earlier analysis: twitter.com
$DGB - Calm Before the StormSymmetrical Triangle has formed on $DGB which is usually considered a continuation pattern.
At minimum, we need 2 higher lows, and 2 lower highs which we have to confirm the pattern.
Volume should decrease in this pattern as the "Calm before the storm" happens.
We also have a bullish Kumo Twist on the Ichimoku and the MACD is close to crossing.
Symmetrical Triangles certainly can go in the opposite direction and it is recommended for conservative traders to enter on a confirmed breakout.
Typically after breakout, the old resistance will become support and price will come back down to test it. This would be the entry point for a conservative "breakout" trader.
There is not much room left in the triangle and I would expect us to see a breakout in either direction in the next few days at minimum.
Digibyte (DGB) Hard Fork Coming (200%+ Profits Potential)Digibyte (DGB) is another of our good friends. Very easy to trade and always very profitable to us.
We have an open trade for Digibyte and we are in huge profits for this one, yet, another opportunity has been made available to all of us.
Here are the upcoming events for Digibyte (DGB):
-> Hard Fork - 21 June.
-> New Exchange Listing - 30 June.
DGB does not need any events to go up in price, but with a hard fork coming, we can expect good action in the near future. The charts are showing that nobody really wants to sell and there is still plenty of room left available for growth.
Digibyte Hard Fork Trade by Alan Masters
TRADE INSTRUCTIONS
Buy in: up to 490
DGB Targets:
(1) 515
(2) 575
(3) 635
(4) 760
(5) 880
(6) 1155
(7) 1655
Stop loss: 380
Allocation: Up to 10% of your capital. It can be 2% as it can be 9% or 10%, it is up to you. I always put a good amount on this coin because it always pays off good.
Enjoy your profits... when they come.
Namaste.
#DGB $DGB breakout soon, #biittrexIt is a perfect moment to buy this coin cheap. Technical and Fundamental analysis are great.
- Hard Fork on June 21st
- New Exchange Listing on June 30th
DGB/BTC Getting ready for a breakout from descending wedge!DGB is nearing the end of a wedge pattern. i bought in around the bottom of the wedge with a stop loss just a tad under it in case it backfires and breaks downward. MACD is looking good as well.
Not a professional do your own research. I just happened to check the chart today and haven't really been actively trading the past several months. This looked pretty nice so figured I'd post in case anyone was looking for an update.
DGB getting ready to roll? Needs volume to pop.$DGB is looking to be a position to move up soon.
Ichimoku is showing positive bullish signals with the Kijun starting to curve up and a Kumo twist to bullish which should act as support.
Currently it is resting on the GMMA as support which may force it out of the Bullflag and up.
It needs some volume to push it up and out. After resistance up to 511, DGB should fly.
dgbso it's time for my favorite coin.
1) awaiting the touch of a falling wedge at the point of intersection with Fibo 0.236. the price is 2.5 cents. for purchase
2) Need more time on the weekly RSI appeared growth.
to turn required a double bottom or head and shoulders. Or the second scenario through accumulation.
3) my first idea. all according to plan
4) I believe that dgb will make large x because if we punch up and there is a super triangle that will give a huge profit.
Good luck!
I take one look at the weekly and...I'm not too worried about this dip. Bought some more DGB in fact. Still looks semi-strong here, we could just be forming a higher low here. We can't have all green candles on the way up, gotta have some profit takers too.
$DGB, the usain bolt of crypto?When it is concerned to the fastest transaction in crypto, the first pick is $DDGB,
Here's a complete insight of the upcoming moves, may lord wish!
Yellow area is my buying zone and then green area is the selling zone for the short term,
But for holders there's an easy 1000 sats on the cards.
Good Luck!
Silver//BitcoinSame concept: bitcoin is just inherently faster than silver when it comes to preservation of wealth, transfer of it, and appreciation.
Optimistic thinking: price growth catalyzed by anything from WW3, Global Thermonuclear War and fallout, collapse of USD/EUR/fiat, implementation of Chinese or Russian backed gold currency, swamp drainage, Trump creating a new USD backed by Silver, JPM taking over the world, awakening of humanity, etc.
Get it? Me neither
Elliot on Digibyte! Dear traders,
As you can see we are still in the fifth wave. If you're swinging / day trading on digibyte make sure you set your stoplosses in a profitable amount of money.
So you can reentry the market lower ;-)
If you're a long term holder, just hold on but notice, you can make more digibytes by catching the waves ;)
Happy trading
Digibyte - buy zones to watch out forI see another possible dive down to finish off DGB's correction. 3 buy zones are listed. Once this correction is finished I think we are going to see a beautiful rally,
Digibyte Correction or Break?
Weekly
Looking at our highest timeframe we see price has hit major resistance @ 500 satoshis. Stochastic RSI showing momentum is slowing down, expecting a correction towards 300 satoshis.
# Daily
Shifting over to our pattern timeframe we see price is a minor downtrend. A daily close above 475 satoshis activates our trade, a rejection from this level and expect DGB to fall towards 300 satoshis. Stochastic RSI showing momentum is heading towards the upside.
_____________________
Coin: #DGB
Exchange: Bittrex
Buy Stop: 875 satoshis
Price Now: 464 satoshis
______________________
#WhaleAgent Targets
______________________
TARGET 1 : 525 (+10%)
TARGET 2 : 650 (+37%)
TARGET 3 : 700 (+48%+
______________________
SL: 425 satoshis (-10%)
We spend our days following the patterns, technicals and essentials of the present most sultry data about Bitcoin, Ethereum, and different Altcoins, and burrow through all the messiness to discover just the best data for our perusers! In the event that you need the best cryptocurrency to buy / news conveyed straight to your inbox.
DIGIBYTE: POSITIVE DEVELOPMENTS = 15.76% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 17th of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 15.76% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Abra the first and only all-in-one app adds Digibyte to its app ( Abra 3.03% is an app that allows users to buy, sell and store over 20 cryptocurrencies and 50 legal currencies)
April 4: OkCoin (Korean cryptocurrency exchange) adds support for Digibyte.
April 6: Exodus Wallet adds Digibyte support.
April 14: Proposal that Digibyte will fund David Hay's Cúcuta humanitarian project.
April 18: South African cryptocurrency exchange Artis Turba adds Digibyte to its list of tradeable cryptocurrencies.
April 25: Digibyte releases their Android wallet.
April 25: Digibyte officially announces Digi-ID (integrated with their wallets). This is a DigiByte Blockchain-powered authentication service that can be used to replace username & password combinations and even 2FA. This allows users to register and login to any website or webshop with a single click or QR code scan.
April 26: Digibyte announces their IOS wallet (beta).
April 30: CryptoLark (Youtube Personality) has interview with Jared Tate (founder and creator of Digibyte). This has generated publicity for the cryptocurrency.
May 4: Okcoin (Korean exchange) lists Digibyte.
May 5: ACR Poker accepts Digibyte as payment.
May 7: DigiByte annnounces that is now ready for cross-blockchain The Blocknet (The Blocknet orchestrates dapps and smart contracts into a "token ecosystem" via blockchain routing & decentralized exchange).
May 10: EasyCrypto.NZ lists Digibyte.
May 11: DigiID by Digibyte is officially released.
May 12: CryptoChartIndex includes Digibyte in it's market capitalisation calculations.
May 13: Simpleswap lists Digibyte.
May 14: Bitebtc lists Digibyte.
It is believed that a surge in volume is driven by the positive developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
