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DGB / TetherUS

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DGBUSDT trade ideas

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.
DLong
by Kryptochristian
3
✴️ DigiByte Higher Low Confirmed, Ready For 165%The trading pair vs Tether for DigiByte, DGBUSDT, is looking great as it continues moving within an ascending channel. We can see a higher low being confirmed yesterday vs mid-March. This is a short-term higher low. We have short-term and mid-term higher lows... Higher lows lead to higher highs! The initial target will be the resisstance that was hit in February around 0.1365. The next level to be hit, which is the higher high, should be around 0.2590+, setting the potential at 165% or more. Patience is key as usual and thanks a lot for your continued and amazing support. Namaste.
Long
by MasterAnanda
6
✴️ DigiByte Stronger Than Most | Full AnalysisThe market goes in cycles and waves... It is a process and there are many different ways to approach it... It can be learning, it can be entertainment, it can trading for profits or it can be an escape. Trading for profits will require knowledge, experience, a plan, timing... Timing the waves. Buy when near support to sell at resistance and then buy again. Bigger pockets, longer perspectives can buy at support big with a long-term view selling years into the future. Wise ones but less involved can buy each time prices drop, accumulation... Small pockets can build a position throughout the years, during the bear market and recovery phase (now), in order to sell in 2024 (bull-market) or 2025 if this pair peaks late. Why do I say DigiByte is stronger than most? Many Altcoins hit a low in November followed by a lower low in December 2022, DGB hit a higher low Dec. Stronger than those. After the November 2022 low we have a clear uptrend, higher highs and higher lows. Now, focusing on the current action, DGBUSDT is trading above MA200, EMA100 and the rest. The trading volume is stable and supports the continuation of the bullish wave. The RSI is good/strong and supports a strong move up. The recent higher low ended 11-March confirms the bulls continue in control. I'll do DGBBTC next which doesn't look as good... If you are focused on the short-term. If long-term holder/trader/buyer, then any short-term correction is just noise... I'll explain... Namaste.
Long
by MasterAnanda
1
DGBUSD: Inverted Head and Shoulders Above POCDigibyte on many charts is breaking out of a falling wedge while showing us a 3 Line Strike on the monthly and on these charts the macro move you'd expect would take s between 12 and 20 cents, with that in mind i now look on the more liquid Bybit Chart and can see that 12 cents would be the 1.618 Extension and that it is currently trading above the POC after forming an Inverted Head and Shoulders pattern. If we breakout i would target the 0.886, then i would target the 1.618 for profit taking.
Long
by RizeSenpai
✴️ DigiByte Long-Term Bullish, First Time Since Dec. 2020 (500%)The cryptocurrency market is a baby... The game of cryptocurrency is only getting started. It started literally less than a decade and a half ago. Most altcoins are much younger than that. The exchanges even younger. The companies even younger... Think of cryptocurrency as the Internet back in the 1920s... Get it? There was no Internet back then and that's the point I want to make. It is so early in this game, that it is basically inexistent; we are only getting started. DigiByte conquered EMA10 and EMA21 to the upside for the first time since December 2020, more than two years ago. This is a major development because it opens the door for sustained growth for months. We can see easily 500% in Q1 and Q2 2023. If it becomes less, that's is still good. If it becomes more, even better, we are not greedy. We are set to grow until April, maybe? That's just the beginning, then it will keep on going and going and going. The good news is that the next bull market will last longer than the previous bear market. How does that sound? Change the mood, we are good! We survived the bear market, it is time to accept that life is about to get good. Imagine, all the bearish news people were expecting in January, all, turned out positive. This theme will repeat over and over... What's wrong with that? This is actually something good. Let's enjoy it while it last and when the next correction comes, we already know it is normal and it won't be the last. Since we survived the initial years, we survived Covid, war and all the rest... Let's continue working positive towards our future. What we get, will be the result of the energy we invest. Namaste.
Long
by MasterAnanda
5