DNT Long - Heres why
Updated
Honestly, I started buying this back in December when it bottomed on coinbase but got more aggressive on Feb 16th, 2019 when BB/KC cross with rising momentum occurred. Sold on April 14th (split between bill money and keeping tokens) but been buying back in anytime dip below 0.014.
TA is difficult on tokens with lower volume but since October 2018, there have been several massive buy days with declining sell volume after each... there are too many traders like me adding for long term gains!
I will begin selling again when it closes at .02111 which is what DNT opened on coinbase. If alts get active, they usually return to there opening price.
Not financial advice or a recommendation. Do yourself a favor and formulate your own unbiased opinions.
TA is difficult on tokens with lower volume but since October 2018, there have been several massive buy days with declining sell volume after each... there are too many traders like me adding for long term gains!
I will begin selling again when it closes at .02111 which is what DNT opened on coinbase. If alts get active, they usually return to there opening price.
Not financial advice or a recommendation. Do yourself a favor and formulate your own unbiased opinions.
Note
Continued support around .014. My bags are full for this trade. The market (bitcoin) continues to show bullish signs and hints of a bull run. DNT is the cheapest coin on coinbase and we know what happens to low satoshi coins in a bull run! The crypto markets are so speculative that I don't buy on fundamental analysis but I do like DNT's district ideas...especially the MEME factory. Who doesn't love provably rare digital assets?
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Still ranging and waiting on btc. I will be looking to sell pumps to lower position size or buy dumps below .014...Note
We not below 0.014 so I remaining patient but it's difficult. I like the 0.015 zone also but bag getting heavy. Think we begin moving back up real soon. :)Note
Boom... remember to sell into rally. Use limit orders but offer up liquidity. Today going to be a good day
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I sold just enough during that spike to lower my entry cost to 0.00949! A nice bag indeed sir. Spikes on alts almost always induce panic selling or FOMO selling. I am looking to add to my position. Always sell into strength and buy into weakness
Trade active
This trade has potential to be a monster. I will sell another 1/3 of my bag after close above .02111. Next targets will be 0.03 and 0.04. Moon baby yeaNote
Really expected volume and price to drop substantially today so I could add to my position. Not being greedy but I always want to add to my winning trades. I will be stacking orders under 0.018.Note
Bulls you just rock! Mr. deep pockets holding the line in $0.018 range, we appreciate your efforts! My bag is full with average entry price of $0.00625 and I am optimistic that this trade can be epic! Not to late to enter but pick your spots. I stack orders just above support or above large orders. Today I would be buying now at $0.018420 and have orders at $0.0177 and $0.01695. Patience is key.
Develop a trading plan, refine your edge, and manage your trades! Happy Friday traders and may profits find you
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Stacking orders now. Market maker needs to lighten load for next push. I will take some off your hands!Trade active
Bought more on May 24/25 and began selling above $0.02111. I like to buy dips and sell rallies. When DNT rallies, add some liquidity by selling some of your bag. Keep doing and you can have a respectable bag with a $0 cost basis!
Trade active
Good morning traders. What a great summer. Spent time traveling and letting my winning trades run. My DNT position is twice has doubled since early May and I am preparing for the next bull run. I am sure most traders will be targeting the 0.024 - 0.025 range but i will begin selling above 0.021 to add liquidity and take profits along the way. Target 0.028
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