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RE: DIGIBYTE (DGB) Target $0.047 (520% Profit Potential) or 0.00003122 BTC (21x Profit Potential). This Blog Explains it ALL!

in #bitcoin7 years ago

I meant DGB.
Elliott Waves states that new or events shall arrive to justify the forecast and never the reverse. Therefore, Technical Analysis begets fundamentals and never the reverse.

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Haejin,
So even if a digital asset is fundamentally sound, technicals can override that due to the emotions of fear and greed? Does the nature of Elliott Wave override that? I am trying to understand this chart specifically as you say the profit potential is so high.

Haejin,
Always appreciate all your analysis! You are definitely a huge asset to everyone in this space. Has your view of Digibyte changed with the recent run up in BTC? Love to see a more active analysis with the BTC factor.