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DENT / TetherUS

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DENTUSDT trade ideas

DENTUSDT - Good entry timing after thatBINANCE:DENTUSDT 1H trend chart - DENT has broken out a downtrend line, but got resisted further. It is consolidating as a descending wedge, and there is an obvious zone around Fib(0.618). If price can break out the upper downtrend line, trading strategy as below. - Profit Targets: a) 0.006920----Fib(1) b) 0.007775~0.008120----Fib(1.272~1.382) c) 0.008862-----Fib(1.618) Stop losses: a) 0.005632-----Red horizontal line - If you like this analysis, smash the like button and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
1
DENTUsdt rdy for break Trianglenow rdy for break Triangle and move 250% up wait break triangle and pullback on top line triangle can entry and got profit for altseasone have good chanse for big move up and can oing to up of channe but that is need patient GL EntryPoint: 0.005938 0.005722 Supports: 0.005324 0.004547 0.003765 Resistance: 0.006481 Targets: 0.008085 0.012548 0.021818 0.029195 MidTime: 0.044110 0.067300 0.095649 for HODL: 0.166715 GOAL: 0.335608 better dont set GOAl target this for more time nut dent cn move to topf channel can got this but better dont risk GL
Long
by Shivaz
9
$DENT as BTC goes into price disovery, we must have a altseason, remember how works the money flow: bitcoin -> largeCaps -> midCaps -> smalCaps. as we have seen $DENT doing amazing returns on this bull run, and DENT Wireless are indeed a Telco, and keeps developing and sellig his product to other telcos worldwide, this look i am doing takes in consideration a elliot waves appetrn ABCDE in conlfuence with the fibo levels and a Harmonic AB=CD with target in U$ 0,16 wich are a conservative number, if u take in considerations that its a real world used crypto asset. so let the bulls out !!
Long
by Frumentarii
DENT where are we right now? Update from previous ideas - we are now following the support trend line upwards, and it is possible it will break this trend live by sitting up on top and then riding it upwards. If we see a break upwards, we might get a head and shoulders formation happening, as it is setting up the pattern nicely at the moment. BTC dependent - if we see a dump on BTC, we want to buy BIG at the green zone on bottom. At least 80% bag holdings there. IF we see a BTC rise and we touch red zone, we want to wait for one candle push past this zone, or close above this zone. Closing is better. For now we wait till November, BTC is dragging all the crypto dominance with it right now, so we need to wait Linked ideas below
by BARSTrading
DENTUSDT - Next challenge and predictable highsBINANCE:DENTUSDT 4H trend chart - DENT has consolidated for around 2 months since hit $0.0085 During this consolidation, it is forming a support zone(pink rectangle) Also, there are two downtrend lines, short-term(orange) and long-term(deep blue). Now, price has broken out the short-term trend line, and it's really good for bull sign. I think it will eventually take out the long-term one, and if it does, trading strategy as below. - Profit Targets: a) 0.006920----Fib(1) b) 0.007771~0.008116----Fib(1.272~1.382) c) 0.00885-----Fib(1.618) Stop losses: a) SL will be set up after price breaks out the upper downtrend line - If you like this analysis, smash the like button and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
1
DENT Huge Bull run through completing a cup on a cup and handle?You may feel I'm crazy, but the chart shows a cup on a cup. where the smallest cup (6 weeks) is making the handle of 20 weeks long cup handle pattern, making a double cup showing a huge indication of a bull run to start soon. DENT has made an average move early in October. After this slight increase , dent was slowly moving down and seeing some consolidation at 0.005xx before slowly heading up Few hours ago dent make an breakout through a short and narrow bull flag supporting the double Cup Handle pattern to continue , and bringing more support to make a huge bull run in coming weeks starting today. The bottom support line is expected to hold, especially with the currently strong bitcoin dominance. In case of a break out through the 2nd resistance area there, I'm expecting a bullish move towards the top resistance (3rd) and complete both cup-handles and to reach 0.068xx (4th) with some consolidation at 0.0066xx With the current state of the market, I'm expecting the bullish break out to continue despite RSI would indicate an overbought situation once the chart cleared out both the cup-handles. Happy trading!
Long
by TradingVLY
2