DIGIBYTE - DGB/USD - Daily - Technical analysis published on 11/21/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.007347 USD
My targets
0.005764 USD (-14.47%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DIGIBYTE - DGB/USD as long as the price remains well below 0.007347 USD. The sellers' bearish objective is set at 0.005764 USD. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DIGIBYTE - DGB/USD rating is 0.006739 USD. The price is lower by -5.47% since the last closing and was traded between 0.006739 USD and 0.007146 USD over the period. The price is currently at 0% from its lowest and -5.70% from its highest.0.006739
0.007146
0.006739
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of DIGIBYTE - DGB/USD in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.005764 | 0.006739 | 0.009310 | 0.011010 | 0.013630 |
| Change (%) | -14.47% | - | +38.15% | +63.38% | +102.26% |
| Change | -0.000975 | - | +0.002571 | +0.004271 | +0.006891 |
| Level | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006866 | 0.006918 | 0.007024 | 0.007076 | 0.007182 | 0.007234 | 0.007340 |
| Camarilla | 0.007086 | 0.007100 | 0.007115 | 0.007129 | 0.007144 | 0.007158 | 0.007173 |
| Woodie | 0.006892 | 0.006932 | 0.007050 | 0.007090 | 0.007208 | 0.007248 | 0.007366 |
| Fibonacci | 0.006918 | 0.006979 | 0.007016 | 0.007076 | 0.007137 | 0.007174 | 0.007234 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005419 | 0.006010 | 0.006569 | 0.007160 | 0.007719 | 0.008310 | 0.008869 |
| Camarilla | 0.006813 | 0.006918 | 0.007024 | 0.007129 | 0.007234 | 0.007340 | 0.007445 |
| Woodie | 0.005404 | 0.006002 | 0.006554 | 0.007152 | 0.007704 | 0.008302 | 0.008854 |
| Fibonacci | 0.006010 | 0.006449 | 0.006720 | 0.007160 | 0.007599 | 0.007870 | 0.008310 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006593 | 0.007347 | 0.008293 | 0.009047 | 0.009993 | 0.010747 | 0.011693 |
| Camarilla | 0.008773 | 0.008928 | 0.009084 | 0.009240 | 0.009396 | 0.009552 | 0.009708 |
| Woodie | 0.006690 | 0.007395 | 0.008390 | 0.009095 | 0.010090 | 0.010795 | 0.011790 |
| Fibonacci | 0.007347 | 0.007996 | 0.008397 | 0.009047 | 0.009696 | 0.010097 | 0.010747 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 33.99 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | -6.970694 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.006924 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.008004 | |
| Elder Ray (13): | -0.000385 | |
| Super Trend (3,10): | 0.008207 | |
| Zig ZAG (10): | 0.006739 | |
| VORTEX (21): | 0.6738 | |
| Stochastique (14,3,5): | 10.17 | |
| TEMA (21): | 0.006642 | |
| Williams %R (14): | -95.68 | |
| Chande Momentum Oscillator (20): | -0.001851 | |
| Repulse (5,40,3): | -8.2943 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8181 | |
| Courbe Coppock: | 48.44 |
| MA7: | 0.006938 | |
| MA20: | 0.007948 | |
| MA50: | 0.008590 | |
| MA100: | 0.009640 | |
| MAexp7: | 0.007020 | |
| MAexp20: | 0.007643 | |
| MAexp50: | 0.008456 | |
| MAexp100: | 0.009572 | |
| Price / MA7: | -2.87% | |
| Price / MA20: | -15.21% | |
| Price / MA50: | -21.55% | |
| Price / MA100: | -30.09% | |
| Price / MAexp7: | -4.00% | |
| Price / MAexp20: | -11.83% | |
| Price / MAexp50: | -20.31% | |
| Price / MAexp100: | -29.60% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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