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DNTBTC

DNT just hit it's all time low in 2019, What comes next?(DNTBTC)As you can see, after the bull-run of bitcoin most of the altcoins just shown a steep downtrend, as DNT did. Because of the increase of BTC price and the coin being oversold after a huge volume and increase it reached its all time low in 2019. By checking the candlesticks, between 10 April and 14 April it is clearly visible that a double bottom pattern is formed, which followed by a steep uptrend. Since that pattern is a bullish reversal pattern, we can say in med or long term an uptrend comes again. Today an other double bottom pattern formed, which looks promising, since DNT hit it's all time low in 2019, and it looks like around 272sat it has a strong support, when price just bounced back from that level. On April 25 there was a rapid pump and dump which did not reach the 0.5 Fibonacci level, that also indicated the drop-back in prices. DNT still needs time for the further uptrend. On 1h timeframe we are at the MA50 level, also MA50 over MA150 on 1D frame, which looks promising. DNT must pass 0.5 Fibonacci level with a strong candle, otherwise it won't pass the above levels, or just reach the 0.618 resistance level and bounce back right after. It is not a trading advice, it is just a short analysis of the candlesticks and using Fibonacci retracement as an additional tool to analyse the current situation of this altcoin.
DLong
by istylehun
1
District0x (DNT) Short-Term long up to 20% of ProfitDistrict0x (DNT) - Price went back to Daily Trend Line and accumulation Volume zone. Waiting for Short-Term target up to 20% from entry point to strong resistance spot. Globally - DNT broke bearish trend which continued from 8.06.2018 to 18.09.2018 and at the beginning of up-trend. Also this token pumps periodically and i used to speculate very well. P.S. Because of BTC movements altcoin positions pretty risky at the moment. Don't forget about that.
DLong
by RemoraScalping
district0x (DNTBTC) Touches Strong Support... What Comes Next?district0x (DNTBTC) hasn't given out any confirmed breakout signal yet, but I believe it can start waking up soon. We shared a trade for DNTBTC back in October 2018 that is still active today, that trade managed only to hit 3 targets for a total of ~50% profits. You can see this trade here: Now, after fulling retracing, I believe another wave is coming but this time stronger than the last one... Let's see how that goes. Looking at the chart above, there are several signals we can note. Let's start with those: First we have the strong support line, brown dotted line, and yellow circles. DNTBTC bounces each time this line is touched. The MACD continues trending up, while the histogram is in favor of the bulls. Last but not least, the volume decreased for almost 10 months until October, after said month it started to increase. This altcoin can be traded with very low risk. Imagine putting a stop loss at 260 satoshis, buying around 333 and aiming to reach at least July 2018's peak. That's more than 3x (200% profits)... Let's see how it goes in the next few weeks. Yes, yes, yes, yes! Say it. "Yes, I know that I am blessed and I am open to receiving, open to winning... I am open to succeed". Namaste.
DLong
by AlanSantana
2