🔥 DENT Bullish ContinuationA while ago I made an analysis on the expected future price action of DENT, see below.
While the bullish move happened quicker than initially anticipated, the 0.0075 resistance mentioned in the previous analysis was almost spot-on.
At the moment we're seeing a period of consolidation for DENT, which was expected after the huge move from early August.
Assuming BTC will remain relatively bullish, I'm expecting the red area of support to hold. Next target is the green area of resistance drawn on the chart. Assuming we get there in the next two weeks, we might already be looking at new all time highs in the near future.
Happy trading!
DENTUSDT.P trade ideas
DOT In a Traingle (Breakout Soon)Looks like a symmetrical triangle has formed in 4H timeframe and a breakout is expected soon, based on the price losing momentum I guess most likely the scenario is gonna be a bearish breakout, on the other hand EMA50 is standing right on top of bottom trendline making a bullish move possible as well.
I am gonna wait and see what happens and with what volume, then enter a trade based on that.
Good luck
NOT FINANCIAL ADVISE
DENT Is about to explode! Keep an eye on this! Here's a quick look at DENT 2 hr chart. As we can see, the price has printed a symmetrical triangle and we could see a breakout very soon! The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 0.0088$
2. 0.0109$
- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
DENTUSDT - TIGHT RANGE 👀👀DENT is creating a possible bullflag! We are creating a tight range and searching now for a higher low. If the low is set we will search again for a lower high, till we break the low or highs.
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DENT// Possible FlagWill only begin interest once price can break out of the channel into 38%. From there I'll be looking for a slight pull back to 50% where I may possibly enter, depending on the price action.
At 50% I will be looking for wicks, and reversal candles, specifically engulfing.
There is also a possibility that price completely blows through 38%. If I'm not early, or get my preferred entry I wont chase it.
Previous analysis linked.
DENT Long Trade 20210819: Need ConfirmationSignals: Blue -> Green as Confirmation
Context: Green * N
Need to Break Through 0.0065 Resistance as Structure Breakout Confirmation
Targets:
0.00727, if Breaks through, then:
0.00875, if Breaks through, then
AB-CD: 0.011
More Details:
DENT, DENTUSD, DENTUSDT, DENTUSDTP,DENTBTC,CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.