It looks like Digibyte DGB could be in for some significant downside. A while back this was looking like a Double Bottom but it has clearly formed a massive Double Top. If we break below the neckline DGB under 1 cent is certainly possible.
It also looks like we could have positive triangle.
cpedersen90
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@damdamm, could absolutely play out that way! Thank you for sharing!
cryptomanna
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@damdamm, Also could be a fractal playing out. Pretty common to test the trend line a second time before going on a run. We could have completed that second bounce already. IF Bitcoin gets a short squeeze in the next few days, DGB could make this bounce really count.
damdamm
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@cryptomanna, nice observation ! thank you ! Let's see how it will play out.
cpedersen90
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DGB is forming an inverse Cup and Handle. Doesn't look good.
GJMRealEstate
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looks like three tops and three bottoms to a rising wedge. we shall see how it plays out. I always have cash ready to buy more if it dips. :)