long dent In my previous chart involving the ichimoku cloud i mentioned how bullish dent / eth pairing was looking. well now we have broken up out of the ascending triangle and can expect to retest the 1100 range. This is just how things go, when resistance breaks the market must come back down to retest the previous resistance area to ensure it has become support! This is just the markets way of verifying that this was indeed an organic breakout.
Entry: 1095-1120 area
Stop loss: depends on your risk appetite
Profit target 1: 56 sats
target 2: 62 sats
DNT
$DNT, All Aboard District0x Rocket…
Weekly
Looking at our trend timeframe we see price was stuck in a bearish parallel channel, and has recently broke out piercing our 800 satoshis resistance. Stochastic RSI showing momentum slowing shifting towards the upside.
Daily
Shifting over to our pattern timeframe we see price breaking out of its channel forming a higher high and now looking to form a higher low inside our support zone. A daily close above 560 and we should see DNT make a run towards the upside.
Always have some DNTperfect level to pick up some DNT for the next 100% pump. Its just a DNT thing tho better have some
My viewMy view is a continuous symmetrical triangle, confirming the entry above 1216 Satoshi. Goals on the picture .... For those who wish to enter now places pending orders down. Stop Loss at 970 Satoshi
Seeking a 3rd, DNT/BTCAs with many alts we seem to be at the early stages of the new cycle, im seeing a 1 wave and a 1 of the 3rd wave in, seeking the 3rd of the 3rd now and a retest of ATH with completion of the 3rd.
DNT about to Run HardAlright so everything has taken a hit since Bitcoin has been doing so well lately but DNT has faired better than the others, which is a great sign for us!
Here is the progress we need to follow:
-We just touched the bottom of the support trend, last time we did that it ran over 500 sats the following day.
-We have seen stiff resistance in the mid 1200 area so it is vital that we break that (We are in an ascending triangle so I'm not too concerned there.
-The last two pumps have correlated with previous peaks in the chart.
- The first pump went to 1500
- The second pump went to 1800
- The THIRD pump I am estimating will go to the next peak so around 2100.
Regardless if it hits the target the chart has awesome bullish momentum traveling with it. Best of Luck to yall!
DNT - what a trend lineI don't think i really need to say much about this, the chart speaks for itself, congrats if you stuck with this and traded the swings. Will it continue though, i think so, that trend line is strong.
DNTPrice rise above the top
1216
Confirm the break of the falling downtrend line and a good entry point
The other possibility is that the price falls to
1036
DNT Buy opportunityLooks like it has some serious support around the 1000-1010 mark.
Unless BTC swings down I believe this will bounce and break out. Try to buy as close to support.
Great win/loss ratio
Keep stacking
More ALTCOIN-Money? Then Take a Look At district0x Now! (DNTBTC)Dear Friends :)
We have a break out from a descending wedge! You might make some money on this trade - but be careful. It has some crazy spikes here and there- Remember stop loss!
And look after good volume, when you enter a trade.
GL!
D4 Loves you <4