DGB BRAVE FIGHT WITH 3 SERIOUS RESISTANCES
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I want you to take a look at down trendiness. Yellow, Green, Magenta lines. Great days for DGBBTC came and I feel fight in the air also very very strong bounce from 300 level. This all are signs of strength in our coin. Bears fur is in danger zone.
It is sin to compare TRX to DGB. So I will do it just in price matter. And I can tell you that when DGB was on 460 satoshi we had TRX on 830 satoshi. And today we have even more = 500 satoshi on DGB and 550 on TRX. So you can see that DGB would save your capital or even make +. And TRX would ate half your capital and blow fart for the end.
DGB shows class.
We already broke up the yellow triangle line and we went even more up to test resistance formed by green triangle line. If we manage to do that we will go to fight with Magenta. Break up from all of these is the best of possibilities to say about DGB moon or higher price levels.
When bears took control from 500 - 300, bull was doing chest and legs on GYM. And now I feel his strength even if there is huge sweat on chest.
Looks like DGB is working on surprise us.
It is sin to compare TRX to DGB. So I will do it just in price matter. And I can tell you that when DGB was on 460 satoshi we had TRX on 830 satoshi. And today we have even more = 500 satoshi on DGB and 550 on TRX. So you can see that DGB would save your capital or even make +. And TRX would ate half your capital and blow fart for the end.
DGB shows class.
We already broke up the yellow triangle line and we went even more up to test resistance formed by green triangle line. If we manage to do that we will go to fight with Magenta. Break up from all of these is the best of possibilities to say about DGB moon or higher price levels.
When bears took control from 500 - 300, bull was doing chest and legs on GYM. And now I feel his strength even if there is huge sweat on chest.
Looks like DGB is working on surprise us.
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ZOOM IN.Anmerkung
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WEEKLY RSI ON SHOPPINGAnmerkung
And here we are :)Anmerkung
now we need close 4 h candle above magenta or 1D..Anmerkung
We need to go higher then previous spike on 529 and close significant candle above.. Good luck..Anmerkung
Great ! We broke higher then previous spike and now we are going as a wave 3. First target 619. Up to 800.Also daily candle closed above the previous spike an new opened higher. Remember we busted Magenta line of triangle. :) DGB is Free now. No more slave.
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These are ma Targets on road nr. 3 with initial target of +800.Whole 5 wave structure can be surprise for you in meaning of price.
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We made come back to previous spike on 529 and retested this level with beautiful bounce up. Anmerkung
DGB is on 35 place in COINMARKETCAP.comFinally we started to take what belongs to us. In eagle eye it is beginning.
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Month ago DGB was on 55 place just to compare. ;)Anmerkung
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I observed triangle wit range to 708 what is confluence with fib level. Anmerkung
We have hit our first fib target (623) on the triangle way range up to 708 satoshi.DGB just shows it's powerful holder and even more powerful buyers.
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33rd place on top100 market cap list.. We are climbing.. :)Anmerkung
We are on our way to next checkpoint. Anmerkung
There are many lines on this picture but each one have own purpose.0.382 retracement is very bullish stop as for correction.
I usually see that level as a stop in very strong trends when we have quick correction and further journey. We have had very strong trend and this one was quick correction.
What's more is that we quickly came back above broken blue up trend line and carry on above. All above is positive.
Let's see what will happen.
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Zoom in and possible way. Anmerkung
Well... Price stuck in 600 area with indicator gauge looking like this:0 SELL 10 NEUTRAL 16 BUY
Is it SELL signal ? Or BUY signal ? As for me I never look on gauge but when market is in decision period I try to look as a new comer. And for my eye I see more bull then bear for now.
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We are hanging on neckline of inverse H&S pattern. Like decision time. Anmerkung
green horizontal line on 607 is 100% fib of 1 from 228 to 529. So neckline is little bit stronger as a confluence zone happened.Anmerkung
Trade ist aktiv
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WE BROKE RED TRIANGLE DOWN as a HS pattern which range we already have done. Range is red line to + - 520 satoshi.Anmerkung
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DGB / USDT PAIR IS NOW AVAILABLE ON BITTREX. YOU CAN TRADE DGB DIRECTLY TO USD NOW.
FIRST STEPS TO BE INDEPENDENT FROM BTC IF THERE WILL BE SUCH A NEED IN FUTURE.
GREAT GREAT GREAT.
MAYBE THIS $1 IS LITTLE BIT CLOSER THEN I THOUGHT.
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So we broke down blue triangle and it's range down is yellow trend line in area between 0.786 and 0.886 and here is one more important factor which is blue up trend line. Also very important one. That's worst scenario for me & also deepest retrace in overall up scenario. We are greatly oversold on 1D RSI so I expect some bounce BUT we are still not cooled down on other indicators so I put drop as "possible" in my mind.
On the way to yellow down trend line we have also very important green line between 0.618 and 0.707 where we can expect reversal. BUT still it looks like we have room down.
Magenta trend line is broken down as you see so I treat this one as significantly less important in meaning of breakout from big triangle as this one did not survive retest for now.
SO:
1. Green trend line on 400-410
or.
2. Yellow trend line = 0.786-0.886 & blue up trend line confluence zone on 330-340
or
3. Full retrace to bottom of fibs on 300.
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If you push play on this idea and zoom in to see clearly last candles you will see that weekly candle seats beautifully on green trend line now.DO NOT FORGET THAT WE BROKEN UP VERY VERY IMPORTANT LONG TERM TRIANGLE DURING THIS MOVE FROM 300 TO 676. AND IT'S UPPER LINE IS MAGENTA GREEN OR YELLOW. SO NOW I EXPECT THIS ALL RETRACE AS A COME BACK TO BROKEN LINE.
SO DO NOT LET PANIC DRIVE YOUR CHOICES.
We will see which line is upper triangle's line soon.
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I applied fib in better way now. It looks like we sit on. 0.618 now so just under magenta trend line. If market wants to go up it have reason even now. BUT still we have .707 or .786 depending on timing is placed on green line. Many times I see .886 as a reversal point and it still do not close bull gate in eagle eye as it have confluence zone with yellow line and then the yellow would establish our upper triangle line if survive retest and should implement hard up path.
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1W TF update. I assume that we managed to break up green triangle and now we are move as a come back to broken line. Last resistance would be current support.
And it is confluence zone with +- 0,886 fib and with blue triangle range from previous picture.
It think that we have hard times BUT hey.. When do smart investors come in ?
Don't you feel like silent adoption is happening behind scenes or better to say fundamental stages of adoption in crypto sphere is slowly building ?
BTW please check awesome Digibyte App build for iOS Apple. I am surprised by quality. It is well thought out. Very logic and easy use. This tool is step further for daily use of Digibyte. Transaction comes from app to app in 1-2 seconds.
Does it sound like early stages of adoption. Sure yes.
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target reached 351 satoshiAnmerkung
We hit 0,886 and now we are sitting on blue uptrendline. Anmerkung
I expect to see reversal soon. I mean 1D scale.Anmerkung
Haftungsausschluss
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