Digibyte has been pumped by some whales who gave a sign and the sheeps followed their signs. Due to their sign there was a massive buy by the followers of these groups and they will massively dump when Digibyte reach 349 satoshi. Be aware of these kind of 'traders'. I expect Digibyte to reach the fibonacci level when it's not dumped to much and after it will correct towards a lower fibonacci level. If it does not decrease lower than where we started we will see the third wave of Elliot and we will have a bullish trend confirmed.
I agree with you, the RSI and STOCH RSI show reversal. I have learned to control my FOMO and wait in those pump. BTC to hit 6000k so DGB will go back down to 0.016USD.
Andrew138
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Can you not see that many coins are going up today? Basically all 20 coins I own are shooting way up. Pump or not, it's not exclusive to just digibyte. There are many coins that are climbing 20+%
n-cageman
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@Andrew138, Exactly! Thats why I drawed the fibonacci lines in the graph as well so we can see the first leg of the Elliot wave. Let's wat for confirmation ;)
Andrew138
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@n-cageman, Good deal man! We can hope it's right on track to a new phase in coins. :-)
Smoothmold
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nice. thanks for the update
silverfloorspeed
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it looks to good to be true for now but i wouldn't be surprised if you are correct if not then its the 3rd wave... but looking at btc it could well go down to 4.8k to 5k...DGB/USD will be the most interesting one to look at in the short term.
n-cageman
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@silverfloorspeed, I agree, It's time to make the possibility to buy digibyte with USDT so they are connected, As long as the exchanges don't have this possibility digibyte keeps dependent of Bitcoin.
If they should have done this before Digibyte would probably be worth more...
silverfloorspeed
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@n-cageman, even tho we have passed the 200 day moving average for bitcoin this is in many other good traders eyes see this as a good low to enter for good potential profit for BTC. i feel as tho even if DGB confirms a bull market in its own chart BTC may indeed fall to the above lows as other alts make gains.
with DGB in the other hand i am very bias as i indeed to use the currency... i no longer trade and don't wish too but i wish you guys the best of skills and welcome your analysis..... onwards and mutli directional. o7