DigiByte (DGB): The Turning Point Approches

in #digibyte7 years ago

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**SUMMARY**

Note: Rightfully reposting as the Trolls had made the original post invisible. I put good time and effort into posting these analysis per requests and find it going to invisible unacceptable.



Pattern and Elliott Waves throughout the Cryptosphere are giving the same message; that a turning point is close. I don't know the precise when; but the Cryptosphere is showing the "All the Same Market" sentiment. It's phenotype is uncanny! The below chart of Digibyte (DGB) shows the MACD pattern seen also in ETH, LTC and BTC! The Apex too closely align in time. The positive divergence is quite noticeable because price is putting in incremental lower lows and yet the MACD is putting in incremental high highs; while both are confined within contracting trend lines!


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The Elliott Waves also show that the final red Z wave is being worked on and the MACD has one more potential cycle of up/down prior to what could be a sizable breakout. The condition for this is that both the lower supports for price and MACD must hold against any decisive downbreaks! Can the downbreak happen? Yes.

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Here are the microwaves...price could be on the last white wave 5 of blue (c) of red Z. It's time to pucker up...let's see what happens the next few days.

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**Legal Disclaimer**: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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. </center>



Please consider reviewing these Tutorials on:

[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)

[Elliott Wave Counting Tutorial #2](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves)

[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)

[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 

[Laddering Example with EOS](https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this)

[Tutorial on the use of Fibonacci & Elliott Waves](https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves)

[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)

[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)


Follow me on [Twitter](https://twitter.com/Haejin_Crypto) for Real Time Alerts!!

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That is a masive wedge! Some huge profits will be made after it breaks out, Can't wait to see how it plays out. Thanks for sharing your TA :)

it is a fact that we do not know the future but the possibilities and techniques guide us and indeed we are in the uncertainty of our future goals.

@Haejin Don't worry about the haters! I think they are completely oblivious to the point of TA - you are not determining one concrete pathway for these coins but offering one of many possibilities!

Hi Leon, I see you are pretty new to the STEEM blockchain. It is not haters, but people who care a tonne about this fragile ecosystem, using the tools we have called a "downvote" to remove potential earnings, as we have the right to, within 7 days of a post being made.

Hundreds disagree with the voting collusion between @haejin and @ranchorelaxo. You can find out more about this by checking out @flagawhale.

Ah I see, will look into it

Unfortunately haejin chooses to just take from Steemit. I've no idea how good his analysis is, but my votes go elsewhere

Thank you Haejin for what you do 🙏

HAHA!! That first post is only invisible because your cowboy boyfriend AKA the ONLY vote that gives you all of your earnings, AKA @ranchorelaxo hadn't come by yet.

Stop trying to get sympathy.

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