DigiByte has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, DigiByte began a wave one advance on March 3. The wave one (sub-waves i-v) finished on June 3, and the wave two correction (sub-waves abc) ended on July 2. If this wave count is correct, DigiByte should be heading next towards the June 3 peak in the wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "DigiByte will takeout the June 3 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "DigiByte will drop below the March 3 low".
If you think DigiByte is in a range, upvote this post and upvote the comment "DigiByte will stay in a trading range between the March 3 low and the June 3 peak until August 7".
You can upvote the comment until 3 PM EST July 8 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.
DigiByte will takeout the June 3 peak (21 voters as of 3 PM EST July 8: bleujay, simonjay, otisbrown, sv67216721, gregory-f, soundmoney, lydon.sipe, daniel.dalo, steem-buzz, starline, steemcollator, lindo, damla, poppy.poppers, lepton, jznsamuel, eirik, mprgrmmr, carlosdaniel, coolthings, cryptokraze).
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Yes! DigiByte will takeout the June 3 peak.
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I haven't checked the chart for Digibyte but according to your analysis..Digibyte will takeout the June 3 peak
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Digibyte will takeout June 3 peak
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I am agree on this point of analysis. I hope it will do so.
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DigiByte will stay in a trading range between the March 3 low and the June 3 peak until August 7 (13 voters as of 3 PM EST July 8: twinner, yefet, me-tarzan, migo25, mirda, abh12345, pinagpala, andy23, me-do, tzap90, miniature-tiger, lig007, komischername).
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You won.
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DigiByte will drop below the March 3 low (9 voters as of 3 PM EST July 8: ace108, thatsweeneyguy, cassidyandfranks, flemingfarm, improv, ragnaros, razorwave8, sevinwilson, stay9n0).
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DigiByte will stay in a trading range between the March 3 low and the June 3 peak until August 7
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Digibyte's recent high was entirely a pump and dump scheme due to the Citibank competition and rumor it was integrating with Minecraft. I don't know how that might impact the TA with respect to Elliot Wave analysis, but what is certain is how quickly this coin became a hot potato.
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There is always room for another rumor.
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It is part of what keeps the drama in our crypto exciting :-P
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DigiByte will stay in a trading range between the March 3 low and the June 3 peak until August 7
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This post has been ranked within the top 50 most undervalued posts in the first half of Jul 07. We estimate that this post is undervalued by $22.64 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jul 07 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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DigiByte will takeout the June 3 peak. For sure.
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DigiByte will stay in a trading range between the March 3 low and the June 3 peak until August 7
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Nice blog. I was about to post a similair thread. The price of a coin should depend on the quality of the product, the team behind it, if proffesional investors believe in it, and a lot more facets. This is quite an interesting website I found: https://www.coincheckup.com The site lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto. For example: https://www.coincheckup.com/coins/DigiByte#analysis To watch DigiByte Investment analysis.
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