Digibyte (DGB/USD) long term forecast / 2200% potential!
تم تحديثه
We're about to finish the 4-wave of the elliott wave theory when we break trend and support (purple trendline) and enter the green accumulation zone preparing for the next wave up (wave 5). This means a 30% drop in price from where we are now in the short term.
Then I expect we're going to see another massive bullrun. Targets depending on the hype in the bullmarket, thats why we use targets to scale out and move our stops higher when we take off to protect our capital.
Accumulation zone
Between 0.02 usd and 0.015 usd
Long term targets
I would like to hear your comments and thoughts.
** I used elliott wave theory. I know that the 4 wave can't bust the 1 wave but i've seen it all over in crypto and they still work out fine. No time predictions only targets. This is not financial advise just my own thoughts. **
Thank you
Then I expect we're going to see another massive bullrun. Targets depending on the hype in the bullmarket, thats why we use targets to scale out and move our stops higher when we take off to protect our capital.
Accumulation zone
Between 0.02 usd and 0.015 usd
Long term targets
- Target 1: last ATH - around 0.13 usd
- Target 2: Ext fib levels 2.618 wave 1 & 1.618 wave 3 - around 0.21 usd
- Target 3: Ext fib level 3.618 of wave 1 - around 0.29 usd
- Target 4: Ext fib levels 4.23 of wave 1 & 2.618 of wave 3 - around 0.34 usd
I would like to hear your comments and thoughts.
** I used elliott wave theory. I know that the 4 wave can't bust the 1 wave but i've seen it all over in crypto and they still work out fine. No time predictions only targets. This is not financial advise just my own thoughts. **
Thank you
ملاحظة
Please be aware of two retrace options. I highlighted them here: 
Another possibility is a quick breakout on upside before going down; don't let them fool you!
تم فتح الصفقة
DGB broke the purple trendline and is forming a hook to go lower in the accumulation zone.ملاحظة
We're nearing the bottom of accumulation zone 1 (the green 0.618 level). Let's see if it holds.ملاحظة
Short term forecast is updated. We're in the blue acc zone with a possible inverse H&S in the making. Check:
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.