district0x Accumulation Phase Reaching Its Enddistrict0x First peaked in February 2021 with another high in April and finally May.
All three peaks reaching similar prices (green circles).
A long correction followed and an accumulation/consolidation phase has been going since early October.
Now, this phase of accumulation is reaching its end as we can see DNTBTC challenging today EMA50 and EMA100.
Closing above EMA100 would signal that the bulls are ready to step up.
Bullish indicators... DNTBTC is getting ready to grow.
The targets and support levels as usual are marked on the chart.
Namaste.
Disctrict0x
disctrict0x ($DNT) - up to 704% PPT! Long term trade.$DNT is in buy zone. It shows clear bullish divergence on daily RSI and MACD.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
Just stumbled upon this little guy District0xFound this way too late, was too invested into other things but better late than never
again, simple trend lines show huge burst of interest, so now we wait for the dump. at the time of this analysis, hourly trend shows strong resistance to break higher. expect a good drop in next few days for another entry point for short term investments. Similar to another coin Storiqa who's currently in process of presales of their coins
(tokensale.storiqa.com)
Their product seems good, but with the team backing the product i think this coin is more of a "pump and dump" as i have put a referal link for Storiqa which i myself have bought coins for anticipating a great future with them. not too sure how district will do when storiqa releases in march.
nonetheless, profits can be made anywhere
