DENTETH trade ideas
Dent/ETH trading pair short term prediction.The chart looks healthy imo. Dent had a nice build up with a small pump touching the 119 level. Before going back down making a daily close above the 200 moving average.
Dent did not stop there and made a daily close with a double top at 103. Double tops to me are a sign that we will have a sell off. Taking profit around double tops and resistance levels can be smart imo but not a financial advice.
Dent had a 21% retracement from 103 to 80 finding support and respecting the trend line. now it looks like Dent slowly building up momentum again. I expect no crazy moves but think the resistance at 103 will be a easy target on the next leg up. Dent need to touch the 113 level and find support at 103. Before we can think about the next levels around 125 and 135.
Dent now trading above the 200 SMA and this is a bullish sign to me.
Buy DENT now, do not lose this chance !!!!After delisting BTC pair in Binance, DENT found it's Bottom, in other exchanges like Bittrex the BTC pair of DENT is going to make Golden Cross, My Target in this Analysis is just about One Sat !!!
In my opinion it is the last time which Dent saw 126 Vitalik in ETH pair, I suggest to buy this amazing Token and enjoy your profit in November.
Do not forget it is very very Bullish !!!!
Targets :
TP1: 0.00000191
TP2: 0.00000291
TP3: 0.00000380
SL: 0.00000125
Good Luck to you.
DENT-ETH forming Cup and Handle as chart looks Bullish from hereBullish Reasons
Cup and Handle forming on 4hr chart that can be seen on 1hr with potential 25% gains from here
Buying pressure building here with momentum gain as price at 12 months Low and has a huge upside.
My High probability AI Lite indicator has posted a BUY trigger with levels having a wide range between each other.
4hr chart with BUY trigger from my scripts AI Lite and Levels using "Levels Generator with Fibs". Have a look under my profile and if you are interested to try them, PM me.
Entry - Below 490 (get a good entry using Boll bands/RSI/MACD)
Targets - As shown on the chart
SL - 440 recommended
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If you like this idea, give me a thumbs up. Also have a look at my scripts
AI Lite indicator which populates BUY/SELL signals on chart based on a high probability system
Levels Generator with Fibs script that plots automatic support resistance levels for any timeframe with option to plot manual Fibonacci levels
If you would like to try the scripts, PM me. If you are a new trader/beginner and would like a TA coaching session, PM me for a free 30m session on Team Viewer.
Happy trading.
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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