DENT token formed big bullish BAT for upto 13% pumpHi dear friends, hope you are well, and welcome to the new update on Dent token with Bitcoin pair.
Previously we had a pump of DENT:
DENT token has formed bullish Butterfly for 12% move
Now on a 4-HR time frame chart, DENT has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Dentbullish
DENT USDT Descending triangle Based on my TA on the weekly TF, DENT is forming a descending triangle, and currently is forming higher highs and higher lows. and its trading above the 50MA
I'd enter with a confirmation on the daily 2-3 candle sticks above $0.0068 most probably enter around $0.0069
with a SL = $0.006236
TP1: $0.0087
TP2: $0.011
TP3: $0.0139
TP4: $0.01736
TP5: $0.0226
*market structure was determined on the weekly TF
*Entry and TP points were determined on the daily TF
What do you think of this trade?
Possible playout on DENT/USDTIf DENT could close above the 61.8% fib. level we could see a nice run to the ATH. Personal i look more for the 4H confirmation but on the 1H TF we can zoom in and see if there is a trendreversal on the look...
P.S. let me know your toughts. We are here to help eachother! ;)
I'm not a financial advisor. !ALWAYS! do your own research.
Good luck!