DGB 350 MA & BREAKOUTbreaking out of the price wall of decline
sitting at the 350 MA
double bottom at long term support
continuation depends on getting above the 350 MA
DGB
DGB/USDTDGB is now at the daily support zone. This is a good setup with high risk reward ratio. The upside potential is high from here. The major resistance zone is $0.0495-$0.05 and we will see a good move if DGB break this level.
Buy Zone: $0.037 - $0.0385
Target: $0.042 - $0.0455 - $0.0495 - $0.0545 - $0.0597 - $0.0654 - $0.072 - $0.0785 - $0.0865 - $0.0943 - $0.104 - $0.115 - $0.123
Digibyte (DGB) After A 364% Bullish Wave... We Trade Long-Term The market moves in waves...
These waves come in cycles...
In essence, we do UP and DOWN, up and down, over and over...
Short, mid- and long-term.
Meaning:
We have bearish and bullish waves in the short-term.
We have bearish and bullish waves in the mid-term.
We have bullish and bearish waves in the long-term.
These are the market cycles.
When prices move up and grow, we enjoy, collect profits and focus on maximizing results.
When prices go down, we detach from the computer/phone/electronic devices, we no longer focus on the trades.
We focus on ourselves, we study, we go out in nature, we learn, we grow, we prepare for the next bullish wave.
Digibyte (DGBBTC) has found support just below the 0.786 fib. retracement level of the last bullish wave...
We have early signals of change but it doesn't matter what happens next... We trade long-term.
We buy and we hold, until prices are peaking again (GREEN).
If we see another break of support, that is not a problem... It only means a few more weeks of wait.
Once the market takes off...
We enjoy until our targets are met.
When the profits come in, we are grateful with any amount we get and we move on to the next trade.
You need to have a plan prepared.
You need to have goals.
You need to have targets and also a stop-loss.
Planning ahead of time will highly increase your success.
Thanks a lot for reading.
Namaste.
Digibyte (DGB) After A 364% Bullish Wave... We Trade Long-Term The market moves in waves...
These waves come in cycles...
In essence, we do UP and DOWN, up and down, over and over...
Short, mid- and long-term.
Meaning:
We have bearish and bullish waves in the short-term.
We have bearish and bullish waves in the mid-term.
We have bullish and bearish waves in the long-term.
These are the market cycles.
When prices move up and grow, we enjoy, collect profits and focus on maximizing results.
When prices go down, we detach from the computer/phone/electronic devices, we no longer focus on the trades.
We focus on ourselves, we study, we go out in nature, we learn, we grow, we prepare for the next bullish wave.
Digibyte (DGBBTC) has found support just below the 0.786 fib. retracement level of the last bullish wave...
We have early signals of change but it doesn't matter what happens next... We trade long-term.
We buy and we hold, until prices are peaking again (GREEN).
If we see another break of support, that is not a problem... It only means a few more weeks of wait.
Once the market takes off...
We enjoy until our targets are met.
When the profits come in, we are grateful with any amount we get and we move on to the next trade.
You need to have a plan prepared.
You need to have goals.
You need to have targets and also a stop-loss.
Planning ahead of time will highly increase your success.
Thanks a lot for reading.
Namaste.
Digibyte is looking all kinds of awesome!!!Im not saying this pattern will playout as I have drawn but DGB is has lots of good things going for it. Too much to be coincidental for me. I will be paying close attention to DGB over the next weeks and months.
Bull flags, cup and handle, trading channel, support and resistance and it all lines up with the RSI does as well!!
Thank you for looking.
$ADA MIRROR TO $DGB - LEG UP TO $16cardano price action looking like the action of DGB before it went 12X on a wave up
$16 possible target for cardano
this price action could stretch out until Q1 2021
or this price action may not play out at all in the same way
not financial advice
good luck out there
🆓DigiByte (DGB) June-25 #DGB $DGBDGB is having a pretty strong support at $0.038 zone and it is heading towards the $0.05 and $0.065 zones. But if it loses the $0.038 zone, it will have a drop to the $0.03 zone, which is very reliable to buy in.
📈BUY
🔴Buy : 0.037-0.039$. SL if B
📉SELL
🔴Sell : 0.0485-0.0515$. SL if A
🔴Sell : 0.0635-0.0665$. SL if A
♻️BACK-UP
🔵Sell : 0.037-0.039$ if B. SL if A
🔵Buy : 0.029-0.031$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Potential Long-Term Outlook for DigibyteLately I've been getting the impression that we may have to wait a bit longer to see massive, life-changing gains with Digibyte.
Fortunately, the good news is that longer only means another year. Up until recently, it looked as though DGB was in a position to peak around December 2021, or perhaps January 2022 for this market cycle. This could still certainly be true. However, based on how the DGB chart seems to be unfolding, I'm thinking an equally likely outcome would be a peak around the end of 2022. The silver lining is that this timeframe would allow Digibyte to see prices north of $10 per DGB.
Time will tell. Keep watching how the DGB chart prints over these coming months. As of now I've got my eye on this angle as a potential fractal clue..
A lack of patience at this point could lead to the penalizing difference of selling/taking profits at 10 cents vs. 10 dollars.
As always, zoom out.
(not financial advice ;)
How I think most ALTS will moveHere are some of many
*Doesn't matter which coin, I just wanted to see the pattern they all shaping
DGB/USD Update 4HIf btc keeps falling I'm expecting a fall down to the circled area. There are a few supports that could trigger the bounce, but hoping I can at least catch a wick on the yellow dotted horizontal line or close to it, probably around an intersection of supports. I'll just watch and see what it does. It looks like we just confirmed a resistance and about to have a bearish cross on MACD as well as 55/200 EMA
Planning to buy around $0.037 - 0.004 range if looking like a bounce.
Linked below are past DGB ideas as well as the most recent BTC update
Disclaimer: I am not a professional, just sharing my trade ideas. Trade at your own risk.
$DGB/USDT 8h (Binance Futures) Descending trendline breakoutDigiByte has broken out bullish and volume is increasing, we expect it to keep going up!
Current Price= 0.07276
Buy Entry= 0.07260 - 0.06760
Take Profit= 0.09710 | 0.12790 | 0.18230
Stop Loss= 0.05657
Risk/Reward= 1:2 | 1:4.27 | 1:8.29
Expected Profit= +38.52% | +82.45% | +160.06%
Possible Loss= -19.30%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
DigiByte (DGB) formed big Shark for upto 380% big moveHi, dear patrons, hope you are well and welcome to the new update on DigiByte (DGB).
On the 4-day chart, the price action of DGB has completed the formation of the Shark pattern. There is also 50 simple moving average support in the buying zone.
Buying and sell targets for Shark move:
Buy between: $0.0624 to $0.0315
Sell between: $0.09 to $0.1520
Stop loss:
The maximum extent of the potential reversal zone at 1.13 Fib level can be used as stop-loss which is $0.0315.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 380%, and a high loss possibility up to 50%, therefore to minimize the loss factor we can use the 50 SMA as support.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.