✴️ DigiByte Stronger Than Most | Full Analysis

16 abr 2023

The market goes in cycles and waves... It is a process and there are many different ways to approach it... It can be learning, it can be entertainment, it can trading for profits or it can be an escape.

Trading for profits will require knowledge, experience, a plan, timing... Timing the waves.

Buy when near support to sell at resistance and then buy again.

Bigger pockets, longer perspectives can buy at support big with a long-term view selling years into the future.

Wise ones but less involved can buy each time prices drop, accumulation...

Small pockets can build a position throughout the years, during the bear market and recovery phase (now), in order to sell in 2024 (bull-market) or 2025 if this pair peaks late.

Why do I say DigiByte is stronger than most?

Many Altcoins hit a low in November followed by a lower low in December 2022, DGB hit a higher low Dec. Stronger than those.

After the November 2022 low we have a clear uptrend, higher highs and higher lows.

Now, focusing on the current action, DGBUSDT is trading above MA200, EMA100 and the rest.

The trading volume is stable and supports the continuation of the bullish wave.

The RSI is good/strong and supports a strong move up.

The recent higher low ended 11-March confirms the bulls continue in control.

I'll do DGBBTC next which doesn't look as good... If you are focused on the short-term.
If long-term holder/trader/buyer, then any short-term correction is just noise... I'll explain...

Namaste.