themuzzman

Digibyte Daily Analysis

Long
POLONIEX:DGBUSD   None

Now I ain't crazy.... and I ain't a psychic... But I drew this yellow line yesterday as a potential first level of resistance if the DGB price did finally break through the 200 day moving average. And it looks like that's exactly where the price stopped today. All in all, Digibyte had a great day though. Busting above with pretty decent volume accompanying the move is an impressive showing the for the little guy.

We're overbought on the RSI and DGB needs to settle down and hopefully build a little base.


We have some possible support around the 3.1 cent level.


The 4 hour chart looks great. The two long wicks in either direction is a pretty good sign. Hopefully we can stay range bound up here for a while.


We might into a few "mini bosses" at this trend line dating back to December 2017. If we do then the price should advance to the


Niceeeeee! Let's get there and deal with it when the time comes.

So, I'm still a Bitcoin Maximalist but DGB is looking pretty good here. Let's see what happens! Worth a trade? You decide.



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