Crypto / DGB
DG
DigiByte
$0.0091
+0.00%
Past 3months
Trading vol9.473M
Market cap164.4M
Fully Diluted Valuation191.9M
Total Supply17.99B
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CryptoNuclear
DGB/USDT — Falling Wedge: Major Reversal if Breakout Confirms
1️⃣ Overview DGB/USDT has formed a large falling wedge pattern over the past four years, beginning from the 2021 peak. This structure consists of: A descending resistance line (upper trendline) connecting a series of lower highs from 2021 to the present. A gently descending support line (lower trendline) maintaining the sequence of lower lows over time. A falling wedge on a higher timeframe, such as the weekly chart, often signals a major accumulation phase before a potential bullish reversal occurs. --- 2️⃣ Current Price Condition Current price: around 0.01121 USDT Position: Price is testing the wedge resistance line, showing that buying pressure is starting to increase. Volume: Not yet explosive, but showing a gradual increase, suggesting early accumulation from lower levels. Weekly candles: Recent candles are forming higher lows, indicating early signs of bullish momentum. --- 3️⃣ Pattern Analysis: Falling Wedge The falling wedge is widely recognized as a bullish reversal pattern, even though it forms during prolonged downtrends. Key characteristics seen on this chart include: Downward-sloping but converging trendlines. Decreasing selling pressure over time. Tightening volatility as price approaches the apex of the wedge. A confirmed breakout above the wedge usually marks the end of the distribution phase and the beginning of a new expansion cycle. --- 4️⃣ Bullish Scenario (Reversal Potential) If DGB successfully breaks above the wedge resistance with strong volume and a solid weekly close: Momentum could push the price quickly toward the first target at 0.0179 USDT. A successful breakout and retest may allow continuation toward 0.0385 – 0.0790 USDT. This setup could trigger a multi-year trend reversal, especially if the broader altcoin market strengthens. Key confirmations for the bullish scenario: Weekly close above 0.012 USDT with strong buying volume. RSI moving above 50. MACD bullish crossover on the weekly timeframe. Successful retest of the wedge resistance as new support. --- 5️⃣ Bearish Scenario (Failed Breakout / False Breakout) If a strong rejection occurs at the wedge resistance: Price may retrace back toward the lower support zone at 0.006 – 0.004 USDT. A drop below 0.00346 USDT would invalidate the wedge and open room for further downside. A false breakout with a long upper wick followed by a close below resistance often leads to a sharp retracement. Confirmations for the bearish scenario: Weekly candle forms a long upper wick (rejection). Volume fails to support the breakout attempt. RSI falls back below 40. Breakdown below wedge support with strong selling pressure. --- 6️⃣ Strategy & Risk Management For Bullish Traders: Conservative entry: Wait for a confirmed weekly close above wedge resistance. Aggressive entry: Enter on breakout with a tight stop below the breakout candle. Take partial profits at each resistance: 0.0179 → 0.0385 → 0.0790 USDT. Suggested stop-loss below 0.0060 or under the wedge low (0.0034) depending on risk profile. For Bearish Traders: Wait for clear rejection at wedge resistance before entering short positions. Targets: lower wedge area (0.004–0.005 USDT). Place stop-loss above the rejection candle high. --- 7️⃣ Conclusion The multi-year falling wedge on DGB/USDT indicates that the coin may be approaching the final stage of long-term selling pressure. If a weekly breakout confirms, DGB could enter a major bullish reversal phase. However, without sufficient volume and a weekly close above key resistance, the risk of a false breakout remains high. The current zone (0.010–0.012 USDT) is the critical decision area that will define DGB’s macro direction for the coming months. #DGB #DGBUSDT #CryptoAnalysis #Altcoins #FallingWedge #TechnicalAnalysis #Breakout #CryptoTrading #ChartPattern #WeeklyAnalysis #BullishSetup #ReversalPattern #CryptoMarket
6:00 AM · Nov 6, 2025
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Dr_Wallstreet
Dr_Wallstreet
CryptoNuclear
DGBUSDT — the Start of Major Reversal or the End of Accumulation
DGB is once again standing at the edge of its most critical demand zone between 0.0070–0.0067 (yellow box). This area has acted as a strong defense level throughout 2025, with each touch previously triggering a solid bullish reaction. However, this time the selling pressure appears more aggressive — with a sharp liquidity sweep below the zone, followed by a quick recovery. This could signal the presence of a potential bear trap or the final shakeout before a reversal. --- Technical Structure Overview Primary pattern: Long-term accumulation range with lower highs and flat support — resembling a descending accumulation structure. Key demand zone: 0.0070–0.0067 Layered resistance levels: 0.0080 • 0.0086 • 0.0094 • 0.0104 • 0.0118 • 0.0133 • 0.0153 • 0.0203 Volume: Still low, suggesting possible stealth accumulation by larger market participants. --- Bullish Scenario – Reversal from the “Capitulation Zone” If DGB manages to hold above this zone and close daily candles above 0.0086 with rising volume, it could mark the beginning of a major multi-week reversal after months of consolidation. Breakout confirmation: Daily close above 0.0086. Short-term targets: 0.0094 → 0.0104 → 0.0118 → 0.0133. Mid-term expansion targets: 0.0153 – 0.0203. Market narrative: A potential bear trap followed by reaccumulation could trigger a sharp short-covering rally. > “A daily close above 0.0086 could ignite a strong bullish reversal phase.” --- Bearish Scenario – Breakdown from Historical Support On the flip side, if price closes daily below 0.0067 without a strong recovery, the historical demand zone officially breaks down — opening room for deeper corrections toward 0.0059 – 0.0053. Breakdown confirmation: Daily close below 0.0067. Downside targets: 0.0059 – 0.0053. Market narrative: A confirmed breakdown would signal the end of the long accumulation phase and the start of a new distribution leg. > “Failure to defend the yellow zone may mark the transition from accumulation to full-scale distribution.” --- Pattern Insight & Sentiment DGB currently sits at a critical crossroads — either the start of a strong bullish reversal or the final stage of breakdown. The deep wick below support hints at liquidity collection, a classic sign often seen before a major trend reversal. Structurally, the setup resembles a Descending Accumulation Pattern, where every new dip attracts fresh buying interest. Still, without a confirmed breakout above 0.0086, bulls remain unconfirmed. --- Strategic Outlook Swing Traders: Wait for a confirmed daily breakout above 0.0086. Accumulative Buyers: Scale entries within 0.0070–0.0067 with a tight stop below 0.0065. Bearish Traders: Short only after a confirmed breakdown and failed retest below 0.0067. #DGB #DigiByte #CryptoAnalysis #PriceAction #TechnicalAnalysis #SupportAndResistance #CryptoTrading #SwingTrade #AccumulationZone #ReversalPattern
3:38 AM · Oct 14, 2025
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