DGB/BTC (Digibyte) - Keeping a Close Eye on the 4 Hr Chart - Repeat Pattern Forming?

in cryptocurrency •  7 years ago 

It seems interesting that DGB looks like it's creating the same pattern on the 4 hour chart that it did before the last pump when it reached 6 cents only to fall rapidly after they did not win the Citibank Challenge. Still, I don't think its over for them as there are a few more events coming and they will be presenting DiguSign and speaking at Citi Hong Kong FinTech Challenge tomorrow.

So lets take a look at the current chart to see this repeat pattern that I think is forming. I'm hoping it will continue as it did the last time. I will be watching it closely and post again later if I see the a buy signal. I have circled the 2 areas with the white circles and drawn how I think it may go.... Let me know what you think!

Screen Shot 2017-06-22 at 10.55.44 am.png

I'm not a professional so please do not follow my trades if you cannot afford to lose your investment.

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I bought a bit of DGB on a dip, it looks like it has a good future but is definitely risky compared to some of the larger cryptos.

Yes it is a bit risky but when it takes off WOW! Quick profit and get out :)

Hopefully we see another nice rise :)

I'm Hodling I'm Hodling lol :)