A new comer in the Serie A coins *yeaaaaah!*.
Y'all know that i am a fan of decentralized coins. But why DGB have the right to enter the hall of fame of coins, Simon ?
DGB is a blockchain based coin that offers 4 algorythms for a more decentralized mining operation. That means getting rid of powerful ASIC mining influence as btc is victim. If you look to mine DGB i recommend Skein algorythm which seems to be the more efficient right now vs. Myr-gr.
I have tried them today and I loved the block time and the difficulty adjustment. DGB offers a more real world reliable blockchain solution than othersa that i will not name.. DGB total coins are about 21bil, but you need to note that they are not entirely mined so the market is not at the full capacity which can easily create a demand spike and create nice price gain.
On the TA point of view, DGB is hard to compete against. DGB shows a reversal on the 1D while being on the side on the 1D (!!) + a positive ichi cloud with nice price reserve. Given its pretty cheap entry price , I have entered at 500 sats and look to add more once the signal will be completely crossed.
For the fundamental point of view, DGB will lauch soon a PR mission : https://www.reddit.com/r/Digibyte/comments/7thhu4/official_digibyte_marketing_announcement/?st=jczfx75o&sh=42f9e916.
From a TA, fundamental and technological point of views, im pretty confident that DGB going for the bull run. At 0.06$ the reward are a lot higher than the risk.
As you know me, i always have an alternate count. This alternate count is where i anticipate a big BTC dip after it touches the 14k mark. In this scenario, the market is most likely to follow. Interestingly, i have noticed a decrease % in BTC dominance on market which add weight to the count.
Serie A coins
Note : I will make a global market update very soon. BTS BTC NXT ETH SC BCY XVG XLM XRP IOT and i may add others if asked kindly. This will require a lot of work since it would be global and ill put a lot of time to have the better TA possible. Im sorry for some followers about saying 'yes ill post a TA chart about XXX' but University have started and last days have been pretty busy.
thats why patience is your best friend. our early bull signal fighting against the power King btc which drives all the market down :
Is it the end ? -No.
For a real bull trend when need MACD to cross the signal, when its almost there but fails. the same money that i said that " look to add more once the signal will be completely crossed." will serve to buy the dip
So in this chart you have the bearish conservative projection. But i think that near 400 area is a good buy since EMA 20,close and MA 50,close on 1W will serve as support.
It is sad that BTC have so much weight on the market price when some out there have better tech than BTC (personnal opinion).
Lower price will just drive wave 2 pivot lower. Other than that, i stay with the main count