DENTUSDT is testing the daily resistance DENTUSDT is testing the Dynamic daily resistance.
IF the price is going to have a breakout from the 4h resistance, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
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
🔥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💥💥💥
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DENT is ready to take off!Dent is forming a clear pennant and looks decent on the weekly time frame. It needs to break out of the pennant to hit $0.068 as the first target. The next target at $0.3 requires a super bullish market but it's not impossible to reach.
In bearish scenario $0.001 is the first support for Dent.
DENTUsdtthis analyse for Dent Hodler and any ppl buy this and wait for targets not for short time
but rememebr this hodler but can happen sooner GL
EntryPoint :
0.004425
Supports:
0.003200
0.002335
0.001702
Resistance:
0.004734
Targets:
0.006105
0.008421
0.013322
0.023877
for HODL:
0.050170
0.073860
0.128906
GL guys
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
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.
DENT has to break well respected MA Ribbon on 2-day chartDENT has to break well respected MA Ribbon on 2-day chart.
And this should occur with a break of the RSI resistance.
On OBV we are currently at an important support.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
DENTusdtMost likely, a decline to complete the correction is the main scenario.
However, a rebound is possible now, we keep the level, there are still divergences on the rsi, mfi - they are trying to buy it off, in this case, the input is higher than the blue one, since there is a risk of a decline.. The rebound may be temporary.
The week is more negative