Digibyte? Actually somehow still bullish here......
Unlike Bitcoin, DGB somehow narrowly printed a green 1 today and we are already trading with a nice green 2 on the chart. This is exactly what you would have wanted to see out of Bitcoin today.... But, it didn't happen. DGB actually managed to pull this off and we're at least "setup" for some "bulls on parade" type action.
Now let's not get too excited because if BTC does a "crap sandwich" here then chances are DGB doesn't break out. Maybe there is an outlier event, maybe some bizarre XXX site partners with them or the pending phone wallets get some approval or something. Maybe old Jared does a speech at the White House, yea.... "anything can happen.'" As ya'll certainly know.
We're still flirting with this nice, long, saucer formation and that should be able to put some "umph" in the move if we do finally break out of here.
We're still between this 50 and 200 day moving average. Remember this... nothing good ever really happens under either of these. It's even worse when they're descending.
All and all, DGB is not in awful shape here. Wish BTC would have done the same today. Unfortunately, not the case.
Now let's not get too excited because if BTC does a "crap sandwich" here then chances are DGB doesn't break out. Maybe there is an outlier event, maybe some bizarre XXX site partners with them or the pending phone wallets get some approval or something. Maybe old Jared does a speech at the White House, yea.... "anything can happen.'" As ya'll certainly know.
We're still flirting with this nice, long, saucer formation and that should be able to put some "umph" in the move if we do finally break out of here.
We're still between this 50 and 200 day moving average. Remember this... nothing good ever really happens under either of these. It's even worse when they're descending.
All and all, DGB is not in awful shape here. Wish BTC would have done the same today. Unfortunately, not the case.
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