DENTUSDT trade ideas
⭕DENTUSDT : Finally ,the double bottom completed !
Click the pic to read last post and detail.
We are waiting for 17 days from Oct.15th.
Finally ,the double bottom completed and the strategy is valid
SL:0.004978
TP1:0.008900
TP2:0.010896
TP3:0.011703
TP4:0.013436
TP5:0.016239
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Dent 132% potential with end of run goal targets of 10XHello Traders,
Back at it again with the heavy hitters here! We are looking at Denta coin, which is a glabal moblephone company offering esim cards to liberize the mobile data market place. As you can see here we are breaking out of a descending broadening wedge with a few targets ahead and a potential end of the run goal I lised for all of you moon boys and girls out there that love making some coin!
As always, I put together a write up of infomation to better help you understand the project as well as find a medium to purchase it.
Have a green week,
Savvy
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Fundemental Analysis
DENT Price Live Data
The live Dent price today is $0.006889 USD with a 24-hour trading volume of $108,559,073 USD. We update our DENT to USD price in real-time. Dent is down 1.57% in the last 24 hours. The current CoinMarketCap ranking is #127, with a live market cap of $682,016,658 USD. It has a circulating supply of 99,007,791,203 DENT coins and the max. supply is not available.
If you would like to know where to buy Dent, the top exchanges for trading in Dent are currently Binance, Mandala Exchange, FTX, Upbit, and KuCoin. You can find others listed on our crypto exchanges page.
What Is Dent (DENT)?
Launched in 2017, Dent is a revolutionary digital mobile operator offering eSIM cards, mobile data plans, call minutes top-ups and a roaming-free experience. According to the company website, Dent employs blockchain technology’s powers to create a global marketplace for mobile data liberalization.
Dent has an ambitious roadmap ahead, with plans to expand its services to new markets by the end of 2021. The company has already attracted more than twenty-five million mobile device users, and Dent services are available in more than 140 countries. Enterprise partnerships for Dent include Samsung Blockchain, The Enterprise Ethereum Alliance and Telecom Infra.
Who Are the Founders of Dent?
Tero Katajainen is the founder and CEO of DENT Wireless. He acquired a master’s degree diploma in sciences from Tampere University of Technology in 1999. After graduating, he became a system administrator and java programmer at the university. In 2001, Katajainen became the CTO of Genetics AG, and in 2003 he founded Pocket Indian Software Solutions. Katajainen served as a senior Java/Android consultant for the United Nations in 2015. He has multiple awards and honorary achievements in the field of technology.
Mikko Linnamäki is a co-founder of DENT Wireless. Since 2000 he has been an active entrepreneur and businessman. With five successful businesses before founding Dent, Linnamäki introduces himself as a “serial web-entrepreneur and Internet software pioneer.” His most long-standing business venture is Smartseed GmbH, which has been successfully operating since late 2000. Since then, Linnamäki participated in the founding of DEVCOT, one of the largest open-source IMAP servers globally.
What Makes Dent Unique?
Dent is a revolutionary player in the market of mobile communications and data services. Today, around half of the world’s population has restricted access to mobile services because of the high prices traditional mobile carriers offer. Dent brings in the power of blockchain technology to revolutionize this and provide global access to mobile airtime and data.
Dent eliminates the understanding that your mobile data is tied to your location by becoming a global digital mobile operator. Dent offers plans that suit today’s global citizens’ needs by removing roaming fees and introducing international mobile plans. Everything on the Dent platform is purchased through DENT tokens, meaning that all transactions are recorded on the blockchain, and there is no chance for a customer to pay for something and not receive it. Unlike traditional mobile operators, Dent aims to make mobile airtime and data available globally to anyone interested, regardless of their location.
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Have a look at the CoinMarketCap blog.
How Many Dent (DENT) Coins Are There in Circulation?
According to the company whitepaper, there is a maximum supply of 100 billion DENT tokens. The total circulating supply at the time of writing is 93,690,412,211 DENT tokens.
Of the total supply, 8.6 billion DENT tokens were sold at a fixed price of $0.0005 per token during the company’s initial coin offering (ICO). 30% of all DENT tokens remain at the company for strategic acquisitions and market seeding, user incentives, salaries and bonuses. The remaining 70% of the token supply was released during pre-sale and sale events, and any outstanding tokens were locked up and released quarterly after that.
How Is the Dent Network Secured?
DENT is an Ethereum based ERC-20 token. This means that the Dent platform operates thanks to the proof-of-stake (PoS) consensus method. Unlike Bitcoin, which utilizes the proof-of-work (PoW) consensus mechanism, Dent relies on large stakeholders to become nodes and transaction validators.
The benefits of PoS consensus mechanisms are many, but the most prominent include increased scalability and reduced electrical and computing power consumption. Considering this, many platforms are looking to utilize the Ethereum blockchain to launch their products. Dent is one of the pioneer projects to launch an ERC-20 token back in 2017.
Where Can You Buy Dent (DENT)?
DENT coins are relatively accessible for purchase, being ERC-20 tokens. One of your solid choices is Binance, which has the largest trade volume of DENT coins as of April 2021.
Another option to purchase DENT tokens is KuCoin. Of course, it is crucial to note that investing in cryptocurrency can be risky, as coin prices are incredibly volatile.
Find more information here about buying cryptos.
DENT/USDTDent is one of the strongest projects and according to the model it has formed, I have the following goals for it. If it can close above the first support, it will achieve higher goals.I feel that in RSI,It should form the opposite pattern of head and shoulders and then continue on the path.
DENT BreakoutDENT/USDT
1W/1D
Buying DENT here as well. Showing a similar setup to BTT, broke out of downtrend resistance on weekly/daily chart, respecting major uptrend after the correction with a falling wedge breakout and continuation pattern occurring and volume increasing.
DENT is a low cap gem with good fundamentals, it operates a mobile phone network over the blockchain with solid partners and a working product on app stores.
MACD on weekly showing crossover and in the green on the histogram.
Fib projection on weekly outlook could see price head towards the 1.272
Not risking a lot of capital as I prefer larger cap coins and don’t like to be too diversified into smaller alt positions.
DENT USDT Descending triangle Based on my TA on the weekly TF, DENT is forming a descending triangle, and currently is forming higher highs and higher lows. and its trading above the 50MA
I'd enter with a confirmation on the daily 2-3 candle sticks above $0.0068 most probably enter around $0.0069
with a SL = $0.006236
TP1: $0.0087
TP2: $0.011
TP3: $0.0139
TP4: $0.01736
TP5: $0.0226
*market structure was determined on the weekly TF
*Entry and TP points were determined on the daily TF
What do you think of this trade?