Digibyte 4 Hour Chart. Breakout

15 avr. 2018

Digibyte is at a crucial breakout point on the 4 hour chart. This saucer formation started on March 12th and we're finally testing these levels today. A move out above this resistance point here should have some legs to get the price to the 3.5 cent level before pausing to at least digest the move. The RSI is flirting with overbought territory so that may delay the upside move but then again, anything can happen. The MACD did have a bearish cross a few hours ago but nothing that can't be reversed quickly.

I have to say, this DGBUSD chart does look bullish and while nobody knows how far this goes, the characteristics for higher prices are showing up in the chart.

DGBUSD