Dgbusd
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.
Holds and buy the dipDigibyte get setback and delay lately from continuing upwards after the Bitcoin had the recent correction of 20% down. Digibyte has the potential of growing up 100% up to 0.19- 0.20 in the near short term. As we see we have Digibyte fall from the 0.15 area to 0.10 now touching the major support line of 0.097 but did not cross it. Also we have the trend is going into a falling wedge witch near the end now.
Falling wedge is a Bullish pattern, so I expect the breakouts should happen at some point soon. in the event of DGB fall again, the next major support line is 0.0823. This could happen if the Bitcoin continue falling.
So what we are looking for now is DGB to get out of the falling wedge and also the descending wedge right after.
Good luck!
Please trade at your own risk.
Digibyte about to have a key breakoutDGB is one of the older coins and has been lagging significantly. Definitely one linked with SC & DOGE which also did a full cycle vs BTC. Look very nice and healthy and in my opinion once it closes above 200 sats it could easily go much much higher. It has a pretty big fan base and I am surprised it hasn't pumped yet given that many coins that have similar 'prices' (100-300sats). Given that even DCR has spiked higher, DGB should start rallying soon or it might be a sign of weakness/
Digibyte USD Bearflag possibilitiesLast week, my Digibyte idea became invalidated due to the huge market sell-off. What was once a nice looking Bullflag and/or sym. triangle quickly became a bear flag on the 4 hr timeframe, as shown in this current chart. We must wait to see if the bearflag is breached to the upside.. or if it breaks through to the downside. If broken to the upside, then target is previous high. If broken to the downside, then the green trend line is the next support. However, we must wait to see how this flag plays out.
DGB ready for next leg upDGB is forming an ascending triangle and also there is a double bottom. DGB has one of the most active teams in the crypto space and the team is working hard on the developments of the project. We are expecting a good rally in DGB after it breaks the horizontal line resistance of $0.126.
Buy Zone: $0.15 - $0.12
Target: $0.133 - $0.146 - $0.158 - $0.169 - $0.183 - $0.198
Digibyte is about to 3x (theta-like run eminent)After following theta's mega-run over the past few months, I decided to take a glance at the chart. Lo and behold, there appears to be some stunning similarities when compared to Digibyte.
This little fractal may be indicating that Digibyte is about to follow theta's moves and do a theta-like run up to around 50 cents.
Yes, 50 cents.
Additionally, Digibyte is so undervalued that its market cap 50 cents would still be well under $10 billion. In other words there is a lot of room to grow. I expect Digibyte to be trading for up to $2-$3 at some point during this market cycle.
Stay tuned.
Keep an eye on trading volume as well. The 24 hour trading volume on Digibyte is currently sitting close to 50% of its total market cap...Something to think about...
(not financial advice ;)