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DENT / TetherUS

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DENTUSDT trade ideas

After Breaking Out The Channel DENT Can Break Next ResistanceHi friends hope you are well, and welcome to the new update on Dent token. Broke out channel with bullish divergence: On the daily time frame, Dent has broken out a down channel, for now it is rejected by $0.0055 resistance but there is also a bullish divergence appeared as priceline is forming higher high but the price action is failed in forming a new high. Therefore, Dent can breakout the resistance of $0.0055 then next resistance will be at $0.0075. SMA and oscillator: On weekly time frame, there is a good support of 100 simple movingaverge support and the Stochastic is suggesting that the market of Dent has been oversold as it has entered the oversold zone. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
1
🔥DENT🔥Testing the Down trendline > if breakout >>0.008 🚀💥Hi my Friends, As you see on the 1D Chart DENT testing now the Down trendline if we have breakout and retest Most probably will see 0.008 soon Targets :- 🟢0.0085 🟢0.0122 🟢0.0166 🟢0.0226 🔴STOP LOSS Close Daily below 0.0026 🟩Trade Safely 🟩Be Patient 🟩---------Not a financial advise-------------- 💥 💥💥If you like my idea, give like and follow to receive all updates💥💥💥 --------------------------------------------Thanks---------------------------------
by Ismailrshed
1
After Testing Strongest Support | DENT Started Powerful ReversalHi, friends hope you are well, and welcome to the new update on Dent token. Broke out channel: On a daily time frame, at the start of Nov 2021 the priceline of Dent started the formation of a down channel. After testing the price support of $0.029, Dent finally broke out the resistance of this channel with powerful divergence. Now there is two major upcoming resistance in the way of Dent. One is $0.055 and the next will be $0.075. $0.075 can be key resistance. Daily oscillators: It can be also observed that on the daily time frame RSI and stochastic both oscillators were oversold and now both turned bullish together. Bother oscillators are also showing bullish divergence. Weekly stochastic: On the weekly time frame, the stochastic has given buying signal from the oversold zone. It can be noticed that whenever stochastic enters the oversold zone and turns bullish, the priceline follows the signal and start big rallies. Therefore, this time we can expect another big move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
2
DENT PERSONAL ANALYSIS IN THE LONG TERMChart shows common supports and resistances based on the Fibonacci and price action. The total evaluation for the DENT coin is bearish. The asset itself is not able to create any significant lower highs and it keeps on being rejected on a simple 0.382 FIB which means buyers are not interested in "keeping" the price above the 0.236, therefore one should be entirely cautious when holding a large amount of this coin for future long term holding. For each and every established oversold indication from the Relative Strength Index, it also did not create a higher high. The recommended strategy for this coin is to only long it from within the 0.236 during a bull market and to short it in an event of a bear trend for a strong edge. The chart will depict a "SHORT sentiment" until proven otherwise since it is struggling to even stay above the 200 MA.
Short
by Wamses
3