New Year's look into Digibyte

2 thg 1, 2018

Happy New Year folks!

Time to have another look at DGB. We can see a beautiful channel upwards DGB has been moving in for the past three weeks. MA20 has been supporting that channel on its lower trend line which defines our recent support. With all the BTC movement going on in december, it is impressive that this coin has managed not to fall below this trendline. From here, we have a new trading opportunity for the next movement! Support and resistance may meet tomorrow night (as shown in the chart), which might be a signal for a potential breakout. MACD lines are dancing around each other, which usually means it's decision time. Since support looks really good, I'd rather go long than short!

Buy:
More Risk: 500-530
Less Risk: 570 (after breaking Resistance at 550)

Targets:
T1: 660 (upper trend line)
T2: 890 (new potential high right below 1.618 fib.)

Stop/Loss:
For early buyin: 450
For buyin after signal: 480

For longterm-holders, I can only suggest you to HODL! DGB is just getting started for this new season!

3 thg 1, 2018

Ghi chú

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BTC pump let DGB fall out of the triangle (like I jinxed it...). But before the triangle closes in, there is another opportunity opening. If it can push through the triangle, we will see our next move. MACD (4h) crosses, which might be the signal we have been waiting for! Good luck!

3 thg 1, 2018

Ghi chú

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DGBUSD chart. We can see DGB trying to cross the 0.075 $ mark which has been a crucial resistance many times before. If we can close above with a green candle, we might be good to go!

4 thg 1, 2018

Ghi chú

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Crunchtime! A little push might get the bolder rolling!

4 thg 1, 2018

Ghi chú

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Broke out of the triangle beautifully! DGBUSD has found it's grip above 0,08 $ and is ready to get us rolling! Next candle could be huge!

4 thg 1, 2018

Ghi chú

Forgot the Bollinger Bands:

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4 thg 1, 2018

Đóng lệnh: đạt mục tiêu

Target 1 reached!