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Dentbtc

The Quest For a Moonshot - DENT Nearly 99% Down!Posting this quick chart for future reference in case it goes up. Taking a bit of a break during the week. Didn't know much about this coin until recently, but disrupting the telecom industry sounds like a pretty strong case for being bullish on DENT. Now, this is a risky play since we could still fall to the 18...or even 6 sat area. These low sat coins are hard to move because there aren't that many possible prices to choose from. This is a blessing and a curse. It's a blessing because they tend to gain in value quickly, since people see them as "cheap." The small numbers do play a psychological role in our perception. It's a curse though because you can get stuck in these for a while (think HOT, BTT, NPXS). It's hard to get your order filled. Anyway, I'm fairly convinced we've seen the bottom on DENT because of the volume on our recent rise. A similar pump and then retrace happened when XLM reached its recent bottom. I decided to get out of ENG and put my "moonshot" money on DENT for now. Yes, ENG could indeed go parabolic soon, but I'm betting on DENT yielding higher returns overall. It's also the only promising crypto I've looked at that is THIS far down from its ATH, both in Bitcoin value and in USD value. Just look at coinmarketcap: coinmarketcap.com I bought at 24 sats, but confirmation would be a move beyond 30, breaking the descending resistance. All potential resistances are in pink on this chart. Perhaps a retest of 22 is also in the cards. This is one of the few alts that has only recently hit a lower low, so I see this as a good opportunity. This is not financial advice. Totally speculative, and as I said, there is some risk involved. As I said earlier today, I probably won't be posting much this week. I need a break, and this was a coin I felt comfortable putting some funds into. Regardless of whether or not we've seen bottom (my bias is that we have), I feel like I've done a very good job analyzing the market of late, at least day to day. Not that I need to quit while I'm ahead, but I think I want to step back for a bit. Good luck guys! -Victor Cobra
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by VictorCobra
3
Dent - A trend reversal from here?Been watching Dent for while now and looking for signs of a reversal from the 22 sats level. 22 is a massive support area and would use this for placing a stop order around 20-21 sats. The breakout from the 6 month long descending triangle is the first sign, for me, of a reversal of a trend for Dent. This could signal a move up to 36, 44 and onto 59 sats again. One step at a time though. News is what's going to drive the alts just now and it's not different with Dent. More good news + a stable or rising alts and BTC market will help Dent to double in price again. One To Watch
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by StevenAitchison
DENT/BTC - Falling wedge, bullish setup and 150% upsideDENT haven't been the most interesting coin for the last couple months, but it's finally starting to show some bullish potential again. It's setup is a big falling wedge coming from back in august 2018, closing soon. DENT recently dropped to a new ATL at 22sats, and is at the time of writing trading in the 22-23sats range. Orange boxes are different targets to the upside which will act as take-profit levels. The top one is +150. It's recommended to move your SL to entry price + 1sats once TP 1 has been hit. I'm entering DENT limit at 21 and 23 sats, waiting to sell at the marked levels. SL @ 18sats. If you like it and would like to receive future updates - Please, follow me on TradingView! If you follow me, I guarantee you will receive timely updates to this chart, and all other interesting tickers. This will allow you to stay on top of the current Fetch.ai trend and hopefully maximize your profits! For support, sign up to Binance and Bitmex with these links for referral www.bitmex.com www.binance.com If you agree, please, Like this Idea - This would be the best feedback and encouragement for me!
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by Pineapple1k
Put a DENT in those losses with a 24-100% Swing Trade PotentialTECHNICALS: DENT is in a massive accumulation triangle that has been going on since August of last year. We've seen massive buy side volume spikes with strong support around the 22-23 Satoshi level. Moving Averages are flattening out with 50/100 forming a majority of our topside resistance. The RSI is starting to see some upside momentum. The 3 day TD Sequential is showing a green 9 set-up, which historically has been very strong for altcoin set-ups. FUNDAMENTALS: There are two DENT events coming up in Q1 and Q12 which involve adding the SMS and voice calls to become a blockchain based world-telco as well as video calls to the DENT apps being built. Trade will be invalidated if we break the lower support at 22 satoshi's. For a risk/reward, I would look at a stop loss at 21 satoshi's and take profits at 30, 42 and 47. With these kinds of trades, as they're not 'trending' and they're more of an early entry on support, it's important to be patient. They can sometimes take a week or two to pay off. As the trade moves, trail your stop loss. VIEW THE LAST TRADE: $RVN - 100% profit.
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by jacobcanfield
4