As we can see here this is the Monthly chart of Digibyte and we can see a distinct pattern. The MACD makes a cross up and during this time price action make goes up very fast and vast. I have the crosses marked with a circle and the bear market trading range marked with a rectangle shape.
The real important information is not the move that historically has followed, it's the fact the that bottom was always behind this cross as well , so the risk is very low after this cross. We don't have this cross yet, but it looks to happen very soon. The buy is a confirmation of this cross on the monthly. We need to keep in mind that just because this cross will happen, doesn't mean prices will soar right away, it could, and most likely will take some time.
Confirming the parabolic move up is the CM_Ultimate_MA. Right now is red but when it turns green and price action is above it, confirms the bullish moves ahead for months to come.
Thank you
WeAreSat0shi
The real important information is not the move that historically has followed, it's the fact the that bottom was always behind this cross as well , so the risk is very low after this cross. We don't have this cross yet, but it looks to happen very soon. The buy is a confirmation of this cross on the monthly. We need to keep in mind that just because this cross will happen, doesn't mean prices will soar right away, it could, and most likely will take some time.
Confirming the parabolic move up is the CM_Ultimate_MA. Right now is red but when it turns green and price action is above it, confirms the bullish moves ahead for months to come.
Thank you
WeAreSat0shi
Komentarz:
Digibyte can break free any day now.
Komentarz:
Nothing changed, DGB is still on pace.
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Komentarz:
DGB has a MACD cross on the monthly!!!!
Komentarz:
Digibyte has taken a big bounce off of what seems to be the bottom. The move might be coming soon.
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