DGB UPWARD SLOPING REVERSE HEAD AND SHOULDERSa powerful pattern is forming on DGB
bears failing to make new lows
breaking the neckline on an upward sloping H&S pattern could trigger rapid price increase
volume is exactly as needed for pattern completion.
a strong move is likely when the neckline is broken
Dgbusd
DGB TRIGGEREDdigibyte experiencing large volume inflow
expecting this to break up through a reverse H&S pattern
could be visiting the the old highs in the coming days
not trading advice
DGBUSD Possible inverse head and shoulder pattern.If the bottom of the shoulder line can hold price we can be headed on the way up to making an inverse H&S pattern.
A break out from the top would complete the pattern and a strong run up could begin.
DigiByte Due For 67% to 86% IncreaseTrading Pair : DGB/USDT
Exchange: Bittrex
Key Support : 0.0113 - 0.012
Key Resistance : 0.015
Primary Target : 0.02 - 0.021
DGB PERSPECTIVE ON CURRENT SITUATIONafter many tests of the channel tops and bottoms
and a few failed breakouts/breakdowns
DGB is testing life outside the channel
with 50 DMA moving above down slope limits
DGB SIGNALING PATTERN CHANGEDGB price is signalling a return to higher trading range with 50 MA pushing through down slope limit
TRADE WAR = SAFE HAVEN IN CRYPTOCURRENCYdon't you love a good trade war?
China fines Ford $160 million for monopoly status
China initiates campaign to produce all of its own semi conductors
China warns tourists of traveling to USA citing violence towards foreigners
And I can't wait to see how many more punches to the gut the glorious leader of mmMerica will deal out for corporations
AAAAANYWAY. markets weakening with declining volume into tops. Crypto markets going opposite.
DGB 4th attempt at 18 MOVING AVERAGE OF LOWSDGB taking the 4th shot at breaking through the 18 month moving average of lows
I am thinking a higher probability of succeeding this time
DGB TESTING SUPPORT AT .015testing and confirming support at .015
this has been long term resistance
next resistance would be at .025
DGB possible scenario 6/1DGB will probably move to the downside and create
a double bottom prior to running up to the upper trend
line and attempting a break out.
Once the Breakout comes, it should go into a full bull run.
Considering BTC appears to be coming down I believe that the alts could follow suit,
optimum scenario would be for DGB to create an Adam and EVE double bottom
then attempt a full breakout after that. I think if a breakout is attempted sooner
it may fail to break out of the existing trend long term trend lines.
DGB 18 AVERAGE OF LOWS & HIGHSbounced off the 18 AVERAGE OF LOWS
HOLDING OVER THE 18 AVERAGE OF HIGHS
it very well may be bouncing up against .05 by the end of this candle
we shall see
DGB COMING UP FOR AIR - TESTING .015finally broke over .015
above 50 DMA
above 200 DMA
50 DMA crossing 200 DMA
looking to hold the .015 on the close today
Digibyte | $DGB - $DGBUSD | Are you ready for >$1 ?Exactly the same pattern from history. Will it repeat? If so we are above 1 dollar soon :)
WATCHING DGB 50 MA FOR A BREAKOUT watching for DGB to break the 50 MA
next leg up could last for weeks
DGBBTC LongTaking a long trade here on DGBBTC. Target around 325 which is roughly 100% from current price. Look to set orders in pink box with a stop loss below 122 sats.
Dgb possible scenarioThe recent drop of dgb required a re-evaluation of the chart. Based on the present information the over all trend date has been moved back about one month, which will in turn should increase the btc run value by approximately 100 sats. As long as the new bottom holds, the August should be the new approximate run time.
Digibytes Future? $8-$10 - Double Bottom just like May 2017
Repeating the same patterns, could POLONIEX:DGBUSD hit $9-$10 end of the year or Jan 2020?
There was a double bottom before May 2017 when POLONIEX:DGBUSD went parabolic. Then another spike in Dec/Jan after a rounded bottom formed. (I already had a buy signal before McAfee tweeted from Dalin Anderson)
Similar parabolic wave pattern in 2015/2016 as well without the double bottom (cause it was a new coin)
There's also talk about DGB being part of the Block 30 ETF
The Future of DGB (Possibly)Digibyte is coming to the End of a very long 2 year chart pattern, typically the end of this pattern results in a substantial bull run. I believe it would be very foolish to continue trading this coin for small gains and a Hodl Mentality should be taken for the next major run. The Tech Behind Digibyte is solid, Probably more so than most of the other alt coins. The DGB community is exceptional and solidly behind the development team. Although there are issues with Binance due to some history in the past with some very dishonorable activities on the part of Binance, and that CZ is to dishonorable to forgive, he has only hurt his business in the end due to DGB holders like me only using Binance for necessary trades when another option isn't available. Which means his company is losing money because of his actions. Not a good Business Practice at all, and it doesn't make Binance look good for its future if they continue down the same path that type of mentality.
Presently DGB is at the Very Bottom of my trend lines and probably a good buy at its present moment for the next run. On top of being more oversold than almost anytime in its history, this is probably the best time to get into an asset that could potentially make you a lot of money very quickly.
DGB landing area confirmed!DGB (Digibyte) has been assigned this beautiful green landing area. We got the marching band setup outside;) Happy trading..
Crypto market is not gving upHave you noticed about the big support that this trendline from 2015? Should we see 6k levels again soon? You never knows but things looks good in April. I doubt that Bitcoin could go to 6k, but if Bitcoin continue growing you´ll see a really crazy month.
Now we have to break the resistance in the big triangle in Bitcoin formed from December 15th. If that triangle breakout with strength, be ready for a bull month.
