iv41879

DGB - wait until it corrects, > 200% gain possible (short therm)

iv41879 Updated   
BITTREX:DGBUSD   DigiByte
DGBBTC is under pressure for correction so we except here that DGBUSD will retest it's bottom as well without any double bottoms or similar as with other coins but with nice cup and handle which should trigger serious buy action. Just wait until volatility gets relaxed and RSI (RSI on SMMA as well) gets bloody as well. DGB is having great community, great developers, great leader, great marketing... all in all, very good project that has bright future. Buy and sell zones are marked on the chart -> note that these sell zones are just short therm if you like to trade like that.

Some facts:
- Multiple mining algorithms (Scrypt, SHA256, Quibit, Skein, Groestl)
- Short block time - 15 seconds as opposed to bitcoins 10 minute block time. Transactions are fully confirmed after 1.5 minutes (with help of Microsoft !!!)
- Over 2000 TPS (Transactions per second), which can compete with Visa's TPS
- developed esignatures inside the blockchain
- DGB is the first crypto-currency introduced SEGWIT
- the longest public blockchain in existence
- DigiByte pioneered asymmetrical difficulty adjustment mining with DigiShield, which is a widely used technology and the basis of many other blockchains

...
Comment:
DGBUSD is approaching our buy zone
Comment:
DGBUSD bounced from our buy zone... get in on first correction

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.