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DENTUSD

DENT/USDT IDEAProvided that BTC is in consolidation, it's time for alts to shine ! In my opinion, DENT/USDT looks like a pretty good buy at the current levels given the oversold circumstances. Take profit zone will be the top red horizontal line. Unfortunately on the bearish side, price action is in a descending triangle. Usually a continuation pattern for further downward movement, hence the SL line under the box. Hopefully we don't break this triangle to the downside ! Happy trades everyone ! :)
by KYLEKILLJOY
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.
DLong
by jacobcanfield
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