As many coins, Digibyte (DGB) has suffered a major correction. However, the bearish trend slows down and that market is consolidating.
If BTC stays stable we can expect further growth of BTC according to my previous predictions. There strong indicators for that.
On one hour chart, a double bottom pattern can be noticed.
On the same chart, RSI sis leaving the zone of oversold reaching higher lows.
On 4-hour chart RSI still indicate that DGB is still oversold.
DGB has passed 4 hour EMA on both charts (4-hour 1-hour).
There is a resistance at 580 sat, but if that gets broken DGB can go easily to 650 which is the next Fibonacci level.
The most important, this is a good coin with a community that is constantly growing.
In midterm (until end of February) I expect this coin to reach minimum 1200 sat.
If BTC stays stable we can expect further growth of BTC according to my previous predictions. There strong indicators for that.
On one hour chart, a double bottom pattern can be noticed.
On the same chart, RSI sis leaving the zone of oversold reaching higher lows.
On 4-hour chart RSI still indicate that DGB is still oversold.
DGB has passed 4 hour EMA on both charts (4-hour 1-hour).
There is a resistance at 580 sat, but if that gets broken DGB can go easily to 650 which is the next Fibonacci level.
The most important, this is a good coin with a community that is constantly growing.
In midterm (until end of February) I expect this coin to reach minimum 1200 sat.
