Update on Digibyte. DGB-BTC on July 11, 2018

July 12, 2018


It is demonstrating the correction movement from the last wave of growth; on 1h timeframe we can see that the price has made the pullback almost touching 0.786 level and going up after. Thus, we have a bullish flag pattern formed on the uptrend, which can show the desire of the market to continue its growth. We can move inside of the pattern, touch Fib 0.786 again, but once the market breaks the resistance of the upper edge of the pattern, we can get the next impulsive growth to the zone higher than the recent maximum.

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