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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!
Haejin,
Thanks for the analysis. You mention SC and DBF in the article? I am assuming that is DGB right? Do you believe technical analysis overrides fundamental analysis in your experience? In other words, are emotions stronger than what may be produced by the digital asset?
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.
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.