DGBUSDT - BULLISH OUTLOOKDGBUSDT is presenting a potential trading opportunity based on a recent price action analysis. In the 1-hour timeframe, a bullish divergence on the RSI signals a potential reversal or continuation of the bullish momentum, indicating a favorable setup for a long position.
Here's a potential trading plan based on this analysis:
Entry: Consider entering a long position at the current market price (CMP) of $0.00745.
Stop Loss (SL): Set the stop loss at $0.00710 to manage potential downside risk.
For take-profit (TP) levels, two options are available based on different risk-reward ratios:
TP 1:1: Aim to exit at = $0.00780.
TP 1:2: Consider exiting at = $0.00815.
This trade plan is designed to capitalize on the observed bullish divergence and potential trend reversal while prudently managing risk through the placement of a stop loss. As with any trading strategy, it's important to stay informed, monitor the trade closely, and be prepared to adjust your approach based on evolving market conditions.
DGBUSDT trade ideas
DGB/USDTEURONEXT:DGB wants to break out, potential 158% gain to be made here!
the breakout is very slow motion atm, but hey you can put a SL below the upper white line and take the risk to trade!
GL
Digybite - DailyThese are my Keylevels on Daily for DGB.
Still a byllish trend line but there will be a strong test for DGB.
DGBUSDTHi snipers, nothing is impossible. In the one-day time frame, the price has returned above the long-term downtrend line and the 103-day moving average. There is probably a price drop to the 103-day moving average and a re-growth of the price to high resistances. All analyzes are only possibilities.
DGBUSDT.P - SHORTDGBUSDT is trading in symmetrical triangle pattern and recently, it seems that the Buyers may be getting exhausted as the pair has started to find support within the pattern. Additionally, the current price action is forming a Bearish divergence, which suggests that Sellers may be preparing for a significant downward move.
Will the Bears regain control and push the price Lower?
DGBUSDT Perfect Buy!DGBUSDT Technical Analysis Update!
Buy zone : Below $0.00645
Stop loss : $0.00620
Take Profit 1 : $0.00665
Take Profit 2 : $0.00715
Take Profit 3 : $0.00840
Always Keep StopLoss
Thanks
Hexa
DGB showing a very impressive investment opportunityHi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 1480 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
DGB/UST will continue rising 💎DGB Today Analysis
💎It's charting an optimistic path, currently positioned within a demand zone and gearing up for a bullish ascent.
💎 Presently, EURONEXT:DGB firmly anchors itself at a confirmed OB level discerned in shorter time frames, hinting at a potential bullish trajectory from this point.
💎Reflecting on recent movements, we noticed a shift from demand to supply, propelling the price into a downward spiral. However, after securing buying liquidity, it seems #DigiByte primed to address the overhead bearish OB.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
DGBAfter a big correction in price and time, it can gradually become ready for growth in the short and long term
check
DGB - Potential for further gains as long-term downtrend line
* 1D
DGB broke the long-term downtrend line that lasted for more than two years and even completed a retest.
Based on the above, TP can be set at $0.088 to $0.00923 / $0.01070 to $0.0125 / $0.01224 / $0.01337 to $0.01394.
If the short-term uptrend line deviates, it should be checked for support of $0.0717 to $0.00766.
✴️ DigiByte's 350% Confirmed Based On "Parallel" ActionWhat the heck is parallel action?
Just kidding and meaning to say, Cryptocurrency marketwide bullish action.
The DigiByte bullish wave is now confirmed based on the marketwide bullish action we are seeing.
What one does, the rest follows.
Ok, so this is what we have.
✔️ DigiByte has been green 4 weeks straight and is currently trading above its Nov. and June 2022 lows, which is great when it comes to chart strength.
✔️ We have the moving averages, indicators, blah blah blah, we already know all these details, let's focus on the target.
✔️ I am seeing a 350% potential for this bullish wave.
This is basically now, can be 10 days as it can be 45 days... Within 1-3 months... This bullish wave.
You know how this Cryptocurrency market behaves, it can be fast and strong one second, it can crappy and slow the next but once it starts going it goes and patience always pays.
Just a friendly reminder to all of my DigiByte lovers... It is still early, the potential is huge.
Namaste.
DGBUSDTHello, naturally, every trading system, especially in the crypto market, has its weaknesses, and it is very important to follow the investment principles. I have prepared two entry points for impatient people and patient traders. Loss and risk are necessary. be profitable
DGB will continue rising !!!after a small correction I think DGB will continue pumping
entry: 0.0085-0.0088
TP1: 0.0095
TP2: 0.010
TP3: 0.012
SL: 0.0080
Good luck everyone!
Dgb Getting Ready For Massive Recovery Formed & Breaking Descending Channel In 3 Days Timeframe Incase Of Breakout Expecting 250 - 280% Bullish Rally Always Wait For Confirmed Breakout
DGBUSDTDGBUSDT trend is bullish
there is no divergence shown in RSI.
We wait and watch see for the conformation of breakout of last HH.
✴️ DigiByte Short-Term SignalAfter a correction a move to the opposite direction develops.
We had a correction to the downside, we should now see an impulse to the upside.
I will be mapping targets short-term but DigiByte has great long-term potential.
This is for traders who would like to get in and get out!
✔️ DGBUSDT is now trading above EMA50, with strong RSI and a bullish MACD.
✔️ Growth has been happening since mid-June so the bullish potential is confirmed.
✔️ We can expect additional growth.
✔️ Short-term targets are mapped on the chart.
Namaste.
DigiByte (DGB) formed bullish Gartley for upto 106% massive moveHi dear friends, hope you are well and welcome to the new trade setup of DigiByte (DGB) with US Dollar pair.
Previously we caught more than 27% pump of DGB as below :
Now on a long-term weekly time frame, DGB has formed a bullish Gartely move for a massive bullish reversal move.
Buy between: $0.00764 to $0.00600
Sell between: $0.00994 to $0.01237
Stop loss: Below $$0.00600
Possible profit ratio:
As per above targets there is a profit possibility of 106% and a loss possibility is upto 22%, therefore, it is a high risk / high reward setup
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.
TRADE OF THE DAY | Digibyte | DGB testing range | Potential 8.3%TRADE OF THE DAY | Digibyte | DGB testing range | Potential 8.3%
DGB is showing quite a few nice bullish signals with a minor bullish divergence and break out of he RVI whilst still not being overbought just yet. Although be mindful that it is still sitting in the local range - although finally breaking the 20 Daily EMA is a big positive since it has been rejected consistently since the 20th April. There is a very comfortable stop-loss in place which if it hits then it is a likely that the trend will be heading down. Be aware at the moment though as it is incredibly turbulent and stop hunting conditions across the market in general.
#DGB/USDT - Long - Potential 5.55%Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_DGB
Exchange: BINANCE
Timeframe: 360
TP1: 0.00837
Entry: 0.00793
STOP: 0.00749
Entry Conditions:
| Trendline break
| RVI resistance break
