DGB/BTC PoloniexDGB fails to maintains support from both Trendline Support (A) & (B). This looks bad for DGB. Downtrend! Not a good night for DGB.
DGB
$DGB Buy This is a coin that will provide very nice returns over the next few months.
Will be Holding this for the next little while :)
Digibyte Trade Idea 8 February 2018 (100%+ gains possible)Digibyte Trade Idea 8 February 2018
The coin I've started with mid 2017 (at least, becoming more active in this market, fascinated by the big swings from coins).
What do we see on this chart? A lot of things!
- Retraced all the way down to even 70 sats from the big jump earlier in 2017.
- Climbing back up, breaking the green zone --> red zone became resistance (big one) and currently retracing back.
Combining this with the following things:
- RSI getting close to the 30 zone --> oversold
- Volume spikes during the accumulation fase, we've seen that before.
- Lying on the 0.618 fib retracement level from the first run up.
- Lying on the 200 EMA too.
- Facing resistance pretty soon.
Expecting this one to jump to the red resistance zone pretty soon. So I'm definitely buying in this area and holding for a while.
First target: 600 sats
Second target: 800 sats
Depending on the patterns then + maybe some FA coming in to play + potentially breaking that level, could induce that we will see another big run up.
Will keep you posted about this one weekly.
DGB can be had for CHEAPLove this coin, show massive potential. Pick it up when it's cheap.
As you can see DGB has presented to us a massive head and shoulders pattern this is not to be ignored. There seems to be some support on the 200ma and on the respective fib retracement level. This however, will not last very long. With bitcoin and the market as a general having taking a beating, I only see alt coins bleed for the next few days. MACD and RSI both seem bearish although there is some semblance of support but not much.
This bleeding will stop eventually but only after bitcoin shows us a reversal confirmation. Right now BTC is controlling the market and for the moment it seems there might be some upside potential, but we don't know for how long. BTC will probably go into a consolidation phase during which alts will bleed.
Hold your BTC, get some more fiat buy cheap. DGB can be had for very very cheap.
This is of course not financial advice and I am not a financial advisor.
Best of luck and good trading
X
DGB - Possible 50% CorrectionHello,
As you all know, BTC is in a correction stage. BTC's price affects all the different alts.
If BTC drops below the 9k support, DGB will fall down to the support indicated above.
Here is my previous DGB analysis:
Here is my most recent BTC analysis:
Trade is only active when BTC breaks under the 10k support and ofc 9k after that.
~DCFreak
DGBBTC 5 Elliott Impulse Wave scenarioWhen the Triangle was broken upward we saw Elliott Correction wave which is a pink line A-B-C on the chart. An impulse growth usually heads after this pattern. Stoch RSI indicates oversold zone, moreover fundamentals are also great. The possible scenario is represented by 5 Elliott impulse wave, it is a long hold but profits are also great. Safe buy zone is below 0.00000500, while stop loss is below 0.00000425.
Marketing start 1 feb, help the community guys!www.reddit.com
This is a great coin for great people!
DGBBTC Buy Opportunity Buy: 562-600
Target
1)700
2)800
You can change stop loss according to the support line
Get into the trade and thanks me later :)
DGB Triple Bottom Trend Reversal?Looking at DGB on a 4 hour chart it looks to have hit a bottom with strong support, we can see it has hit the support multiple times and failed to break which is what has caused the Triple Bottom with Higher Lows forming.
I believe DGB will be reversing into a bullish pattern over the next few days. Mixing technical with fundamentals, this is a great investment and a great buy right now at around 500-530!
Opportunity to gain at leats 40% on DGBI think this chart looks very bullish at least for a few days or a week. Some says that this pattern looks like a H&S and it may be, but i'm think this is kinda triangle, where we don't talk about breakout, we just see that price moves in this triangle and might go up for 40% of it's price to the top line.
$DGB %85 Gain SHORT - %2000 LONGDGB follows it's past fractal between April-June 2017.
I expect $DGB to break the support line positively within 1-2 days.
Buy : 510-520
Sell : 900-950
SUPPORTIVE ANALYSIS
i.hizliresim.com
DGB about to end impulse phase - Good short-term buyNice triangle formed, with strong support around 445 satoshis. We can see that it has bounced from here during the previous cycle.
In 5th wave of current cycle, looking to enter corrective phase in the next day or so.
Short-term average is starting to curl over as the downtrend comes to an end.
This should see a return to 615-740 satoshis depending on volume.
Next cycle will then begin.