DIGIBYTE (DGB) Update: Is it crashing with Bitcoin?

in #bitcoin7 years ago

Here is a chart of DGB. I actually think it's holding up pretty well given the Bitcoin Bear damages across cryptosphere. Let's focues on the right side of the chart. Wave i is in place and wave ii is taking an extended route as shown by the green a,b,c labels. The two black horizontal channel lines demarcate a rectangular price channel. The a,b,c, green outlines an expanded flat and so it's likely that prices might temporarily pierce the bottom line, as shown. These type of momentary piercings are often bullish. The real key is for price to bust out and above the top horizontal black line. Once it decisively does, wave iii is expected to ensue.

What is an expanded flat? Here is a didactic link:


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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
https://www.investoo.com/flats-3-3-5-and-expanded-flats/