DGB
DGBBTC upto 87% profit possibility a headHi friends hope you are well and welcome to the new update on Digibyte (DGB).
On the daily chart, the price action of the DGB is completing the last leg of the bullish Butterfly pattern and soon it will be entered in the potential reversal zone.
Buying and sell ranges:
The buying zone starts from 1.27 to 1.618 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of the potential reversal zone at 1.618 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 87%, and the loss possibility is only 19.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
DGB sideways action, breakout within 2 weeks Bull vs Bear targetBTC retraced to the support of 80 sats.
Bullish: I expect some sideways action between 80-88 sats. Breakout within 2 weeks, then should break 115, then 160-170.
Bearish: If we lose 80: Targets are 74, 66, 51 sats. In that case the breakout can be later. (Early-Mid February)
DGBBUSDDGBBUSD
Buy in the area of 0.0314 - 0.02574
Goal 1 - 0.0459
Goal 2 - 0.0637
Goal 3 - 0.09015
Stop, fixing below 0.02425
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DGBBTC forming bullish Shark | Upto 13.5% move expectedOn daily chart, the price action of Digibyte coin is completing the final leg of bullish Shark and soon it will be entered in the potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Potential reversal or buying zone: 0.00000091 to 0.00000088 btc
Fibonacci projection or sell zone: 0.00000094 to 0.00000100 btc
Stop Loss:
The potential reversal zone area that is up to 0.00000088 btc can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 13.5% and as per the above-mentioned stop loss, the loss possibility is 3.2%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
If suddenly DGB wave start repeating $$$In my opinnion DigiByte is the coin that has really pushed the limits all 2 years in price action and made remarkale things, steady growth in 2 years span from early 2019 when was worth 0.007-0.008 cent until now "1 DGB" cost almost 3 cents - it's good long term investment if we look from that perspective. In my opinion DGB price movement it's is all about massive waves after up/down raises, keep that in mind. But I think best things yet to come. Keep an eye on DGB in the following few days!
Disclaimer: It's not financial advise. It's just my own opinion. I'm not accountant or financial advisor. Always did your own research about all your investments in order to make a truly educated decision. And all financial decisions you have to make by your own.
Another coin with good pump potential: DGBSo this coin here, Digibyte is not very well known but has an interesting chart.
It tends to have a solid bottom area with regards to BTC, and had really good pump potential in the past.
The new bottom area is higher than the last one before the 2017/18 rally, which is also a good sign.
I think this coin will see some excellent gains in the new altcoin rally.
DGB doouble bottom confirmedDGBBTC pair double bottom confirmed. DGB also break the downtrend and now in the accumulation zone. DGB will pump after crossing the resistance zone. Bitcoin dominance is going down and we see a good rally in big caps. Soon we see a rally in Mid and low market cap coins. DGB is a good coin for the altseason.
Buy Zone: 115-120 sats
Target: 135-150-170-190-225-245
Stop Loss: 99
100 days RSI downtrend ready to pop!First target: 200 sats
Second target: 265 sats
Big resistance: downtrend line (green line)
DigiByte - Wakes up from hibernation - DGBUSDT 30+% potential Digibyte finally wakes up from hibernation and has a lot of potential to rise over 30% in the short-mid term and price is now making Higher Highs and Higher Lows on LTF and mid Time Frames. All essential indicators pointing to bullish trend on 1hr.
Fib levels on chart with arrow markers pointing to potential targets.