Long
Digibyte – DGB – Another bull ride? Huobi listing – 17% in 12h
Updated
Hi Guys. Are you trading well? :)
Today many crypto are in the correction but there are few which actually grow!
Yes – this is our favourite Digibyte.
Today they announced that Huobi Global (headquarters in Singapore) will be listing DGB starting from tomorrow (20.07.18). This may significantly influence the price as another big exchange decided to list this asset.
Once it was announced the price bounced off from the level of 0.00000550 (also local support).
We stopped at one of the Fibonacci level at 0.00000643 (previous local resistance) which gave us 17% return in just 12h hours.
We anticipate to face small correction at Fibonacci’s level 0.00000600. Once bounced off from this level and with volume growing, BUY DGB.
Please look at the chart.
We also incorporated new approach when identifying turns of trends on MACD chart.
We were inspired by Gann Fan and Gann’s angles. The key angle is 45 degrees. When in uptrend above this angle we have a strong uptrend. Below we have turn of the trend/correction.
When in downtrend, below 45 degrees’ angle we have strong downtrend and when above we have a turn of the trend. So we applied this strategy on MACD chart. Why? When you compare this indicator and price chart you will realize that buying/selling when MACD crossed signal is actually too late especially on the short- term. Cryptocurrencies are so volatile that in order to earn money we have to react much faster. So we observed that angles up to 60 degrees are weak signals. There is one excuse on 25th June – in such case we can always wait for the confirmation which is crossing the signal. Anyway that happened only once out of 11 cases marked. Over 60 degrees signal is strong and over 70 very strong. For us it makes great sense. We can react much quicker, earn more money and also this fits in with the technical analysis suggested by Gann.
So dear Traders, this coin should be very profitable within next days/weeks.
What do you think about our new approach?
If you like our analysis, give us a like and in order not to miss any update don’t forget to follow us.
Thank you for reading.
HUGE Hugs!
WBM Team
Today many crypto are in the correction but there are few which actually grow!
Yes – this is our favourite Digibyte.
Today they announced that Huobi Global (headquarters in Singapore) will be listing DGB starting from tomorrow (20.07.18). This may significantly influence the price as another big exchange decided to list this asset.
Once it was announced the price bounced off from the level of 0.00000550 (also local support).
We stopped at one of the Fibonacci level at 0.00000643 (previous local resistance) which gave us 17% return in just 12h hours.
We anticipate to face small correction at Fibonacci’s level 0.00000600. Once bounced off from this level and with volume growing, BUY DGB.
Please look at the chart.
- We already crossed Tenkan-Sen line which means safe BUY.
- Weis Waves – still much demand and small amount of supply – bullish
- CMF – we have crossed 0 level which is the signal to BUY
- Chart pattern – Head and Shoulders identified – again bullish
- Head and Shoulders pattern identified.
- MACD – its bottoms are higher from one another – positive convergence
We also incorporated new approach when identifying turns of trends on MACD chart.
We were inspired by Gann Fan and Gann’s angles. The key angle is 45 degrees. When in uptrend above this angle we have a strong uptrend. Below we have turn of the trend/correction.
When in downtrend, below 45 degrees’ angle we have strong downtrend and when above we have a turn of the trend. So we applied this strategy on MACD chart. Why? When you compare this indicator and price chart you will realize that buying/selling when MACD crossed signal is actually too late especially on the short- term. Cryptocurrencies are so volatile that in order to earn money we have to react much faster. So we observed that angles up to 60 degrees are weak signals. There is one excuse on 25th June – in such case we can always wait for the confirmation which is crossing the signal. Anyway that happened only once out of 11 cases marked. Over 60 degrees signal is strong and over 70 very strong. For us it makes great sense. We can react much quicker, earn more money and also this fits in with the technical analysis suggested by Gann.
So dear Traders, this coin should be very profitable within next days/weeks.
What do you think about our new approach?
If you like our analysis, give us a like and in order not to miss any update don’t forget to follow us.
Thank you for reading.
HUGE Hugs!
WBM Team
Note
Head and Shoulders Note
MACD angle aproach Note
Tragetsif we break 687 st then target 814 st
if we break 814 st then target 974 st
if we break 974 st then target 1439 st
if we break 1439 st then target 2190 st
if we break 2190 st then target is open
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