Digibyte
DGB fails to maintain supportDGB fails to recover back above the previous Trendline Support (B).
Also, failed to stay above Trendline Support (A) forming new Trendline Support (C).
If DGB fails to stay above Trendline Support (C), expect to see further downtrends.
DGB has yet again disappointed many investors.
Sorry guys. This one doesn't look like it's going anywhere, anytime soon.
Be carefull with DGB, however upside potential is present! Currently DGB is trading on the support zone of the Ichimoku cloud. The same situation occured end of january / beginning of february. This resulted in a steep drop. If it Holds and does not break out on the bottom there is a good chance it will prepare itself to break out of the cloud in the coming days or at least test the resistance.
If the resistance gets broken first target will be around 750-800
DigiByte DGB on 500% Profit Trajectory (MEDIUM RISK)Digibyte is on a med - long term trajectory path to 5x it's current levels. If you have patience, enter this trade until target is reached or comfort target is achieved.
Do not invest what you can't afford to lose. We are not your financial advisors.
Watchlist update 01 | DGB, BTC, SUB (Expecting pullbacks)Hey guys, this is a quick overview of a few of my watchlist items. Keeping to the Tradingview 10 minute limit until I get something on Youtube sorted out, I decided to start doing updates on what I'm looking at in the markets. I'll try to quickly work up toward publishing one of these daily with regular updates of all of my main ideas as well as updates on future projects if they arise.
This update quickly skims over SUB and BTC with a shoutout to the fella who recommended that I begin doing some T.A. on the USD pairs against the BTC pairs for comparison. The differences are quite telling and so he has a point, I completely agree!
Here are some cool articles to chew on for today regarding the state of the market.
Here's the link to that awesome Substratum (SUB) review mentioned in the previous idea:
youtu.be
A link to Clif High's website:
www.halfpasthuman.com
Digibyte: www.digibyte.co
Substratum: substratum.net
By the way, apologies for the microphone blowing...I'll take the mic out of my mouth next time :D
DGB/BTC PoloniexI have a love and hate relationship with DGB.
Currently, I hate it.
Why did you have to fall & stay below Trendline Support (B)???
Falling below Trendline Support (A) will be worst and worst news.
It needs to smash through both Trendline Resistance and Trendline Support (B) or there to be any reason to buy in.
No recommended buys for this coin.
Sorry HODLERS.
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/BTC PoloniexDGB manages to stay above Trendline Support (B), forming a new Trendline Support (A).
If it breaks above the Trendline Resistance, expect to see a continued upward movement.
DGB/BTC POLONIEXIf DGB finding support at Trendline Support (A).
A fall below Trendline Support (B) is bad news for DGB/BTC and will signal a further downtrend.
Needs to break above Trendline Resistance for a buy recommendation to be established.
Will update again as the days progress throughout the week.
$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 :)
New Paradigm Chart Vs BitcoinBitcoin seems to be following the New Paradigm Chart very well. I'm not a Bitcoin hater, I want Bitcoin and the Alt coins to succeed, but we can't wear rose colored glasses we have to be realistic. Bitcoin looks bearish still. It would seem a correction to $4500-5000 then back up to around $7500, then back down again to $3000 where we fall under the 'mean'.
I still have I hopes for Bitcoin and Alts coins and believe they are here to stay, but as far as right now Bitcoin going back to $20,000 and beyond doesn't seem likely.
Where is Bitcoin going to find it's bottom?Bitcoin was in an ascending channel (green channel) for a long time then broke out above it. If Bitcoin continues to drop I believe will see it find support on the top of the green channel which places it around $4500-5000 . If it fall's further I can see it playing in the green channel for some time at round $2500-3000. When play time is over we could see it break out of the channel once again and makes it's way back up.
If your on Poloniex I made a similar chart of Bitcoin
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 - 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
Marketing start 1 feb, help the community guys!www.reddit.com
This is a great coin for great people!
DGBBTC Cup and Handle or Head and Shoulders fake out?Care for some tea?
We could see a cup and handle pattern break out here, alternatively this could be a head and shoulders fake out and we might descend.
If the second cup and handle breaks out TP is 1200-1400
I would keep my eye on this coin.
Great technology | Decentralized | New Marketing Announcement
Lots of coins are discounted right now, take advantage.
Trade Active @ 126 satoshi
This is a LONG position for me.
Confirmation of break out above 658 satoshi
DGB is a great project and is finally getting some Marketing.
www.reddit.com
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Global Decentralization
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Advanced Difficulty Stability
Difficulty adjustments protect a blockchain from several forms of malicious attacks. By creating and implementing DigiShield & MultiShield, DigiByte has the most advanced difficulty stability of any blockchain in the world today.
Tip jar below if you feel so inclined
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