My Problem with Alts - DNT as an exampleNo analysis needed. Just a random pump that lasts all of 15 or so minutes to the peak and then dump. At this point...they are, for the most part a joke from a long-term perspective.
More than likely I will be setting some sell orders to grab as many ETH or BTC possible should BTC dominance shift down for a bearish phase. Not advising anyone on what to do, but...I should have been paying attention to crypto as much as I was the adult markets even a month or two ago. Feeling the burn on this right now.
DNT
DNT Mega BullishLooks like support developing at .09 and some strong resistance that has been touched twice in 24 hours at .16. Volume on this is insane and it is super volatile so use caution. Very high risk high reward here. ATH .48. It breaks .16 then 1st target is .20. The retail crowd is starting to show face. Buckle up.
District Cup And Handle on the Daily Chart- Expecting breakoutDistrict has what appears to be a cup and handle pattern formed on the daily chart. Expecting a breakout to the upside any day!
dntbtcIf the candle is closed above the surface during the daily time.
In the next candle and by returning to the level in the lower periods of time, you can enter the purchase.
The goals in the image are clear.
Please also pay attention to bitcoin movements and be careful
district0x DNT High rollerAll i know now is this time round crypto is more adopted the idea is sinking in , and like the IT bubble (if you know) price will get inflated how high you tell me .
✳️district0x/USDT (3/12) View + Trading Plan #DNT $DNTDNT is having very steady growth steps and it is certain that DNT will increase strongly in the coming time.
If the DNT closes a candle above this 0.06$ zone, it will easily climb to the 0.08$ zone and continue to move up to the 0.11$ zone within a few days.
Even if DNT fails to conquer the 0.06$ zone and falls to 0.05$, this is also a very safe area to buy.
📈BUY- LONG
-Buy: 0.0585-0.0615$ if A.SL if B
-Buy: 0.0485-0.0515$ if A.SL if B
📉SELL-SHORT
-Sell: 0.076-0.08$ if B.SL if A
-Sell: 0.11-0.115$ if B.SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
DNT / USDC Long PositionRecently DNT has been showing some aggressive / somewhat silly gains. I bought in at .009 and noticed recently that it had hit a gain of up to .07 - I was seeing almost 1000% gains. What is happening now, is another wave up - which I believe will at least hit the height of the last wave, but should extend past, as the Fibonacci Support zones were not passed - and the price did bounce off the 50% line. It was more of a consolidation at that point, and not a direct bounce, which meant selling pressure = buying pressure.
Keep your eye on this one. Civic already making the gains.
district0x, What To Do With This One? THIS IS HOW TRADING WORKSNothing goes up in a straight line... Not with these charts.
When prices are going down, we see bounces, green candles, fake moves, recoveries... Then continues the drop...
As prices move up, the same is true...
We have red days, drops, retraces and then the growth is resumed.
We trade but we also read charts.
For me, I have to focus on the reading, this is what I am doing for you all.
For trading, the ups and downs are irrelevant... This is how the trading goes.
Prices going up for a while can be nice but be prepared knowing that they will eventually fall.
They can fall for a few hours, a few days, sometimes weeks, or even more...
When the drops stop, the market resumes the growth.
Back to trading; we don't worry about this at all.
We keep it so, so, so simple...
This is how trading goes.
We set a target (sell price for-profits),
And we also set a stop-loss (sell price in case things go wrong).
Whatever happens in-between does not matter.
We just wait patiently and let our trade develop...
THIS IS HOW TRADING WORKS!
Namaste.
DNT-USD WHAT IS GOING ON?Hello traders,
DNT-USD is having alot of volume since this past weekend.
We have been able to consistently profit 50% on each move, and now, seems that another opportunity is building up.
We are aiming at 0.074 with an extension that is possible way up to 0.09.
Seems like we are back in the bull market, enjoy the profits.
district0x Does 730% (7X) In 5 Days... Read This Carefully!Let's go back to district0x (DNTBTC) and the massive growth we are seeing on this pair.
It is easy to say that "the altcoins will grow 3x, 5x, 7x, 10x or even more...", another thing is to see it happen live just a few days after.
The entire cryptocurrency/altcoins market is deeply connected/linked . What one pair does, the rest tends to follow.
We have DNTBTC printing this massive growth but also CVCBTC and many others in the positive two digits (30%, 50%, 70%, etc.), signaling that there will be more.
The bottom/new lows and All-Time Low for many altsbtc (Altcoins vs Bitcoin) pairs was just 2-3 days ago back on the 5/6-Nov.
Once we hit bottom, the only place left to go is up/
In a nutshell:
Today is a Sunday/weekend.
This is only getting started.
There will be so much more.
Get ready.
Be extremely patient and enjoy the profits as they come.
Namaste.
district0x Goes Up by 129% With More Possible...Bitcoin continues to go beyond while the altcoins continued to suffer... But you already know what we truly believe and that is... Patience is key!
We have over 125% growth today for the DNTBTC pair, gaining back all losses in the past 65 days.
Let me repeat that part.
DNTBTC recovered 65 days of bleeding in just 1 day.
Now... We wait patiently for the rest of the market (altcoins pair) to unravel.
The other altcoins will also grow big as we mentioned multiple times in the past.
Let's have a look at the weekly chart now:
Here we have a break of EMA10/21/50.
We have the highest volume bar since Aug.
Very strong RSI (58). We consider the RSI to be strong above 30 on the weekly timeframe.
The MACD is in the bullish zone.
I promised you a very strong bullish wave for the altcoins market in two weeks, two weeks ago... This is only the beginning... There will be more.
Feel free to hit LIKE to show your support.
Namaste.
DNT/BTC (Holding Major Support?)💎Technical Analysis Summary💎
BINANCE: DNTBTC
-District0x is now at the strong confluence of support
-We can see the selling pressure starting to cool down
-This is a good sign for a potential upside correction
-DNT needs to hold this area for a few more days
-And Bitcoin don't start dumping because Altcoin will follow
-Please observe both markets so you can have a good trading plan
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Searching for the next AAVE - MACDUsing MACD to plot similar points
DNT (district0x) can be seen to have moved into positive macd zone
I recommend DNT as a buy if you are searching for an alt coin
District0x Ascending ChannelIn an Ascending Channel
Major buy zone in green (triangle)
Trend analysis
DNT Channel IdeaDNT Idea
Still a good long opportunity, regardless of the possible return to the rounded support.
Volume is massive.