DENTUSDT - ALTS AT RESISTANCEA lot of ALTS are testing major resistance. On the lower timeframes we are a bit extended so i expect a pullback at first and then a new attempt to break resistance.
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DENTUSDT trade ideas
DENT is coming close to the all time high triangle end. Big moveWe are coming close to the end of the triangle DENT has been trading in between.
Price is currently at the bottom support line.
If the price breaks it will go to 0.0027 - 0.0022.
If it breaks up, we will see a short-lived movement up to 0.64 zone - but caution, because this is fib level 0.236, and a rejection at this level means it will re contest the red resistance trend line.
On the break of this trend, we will see it move sharp to 0.009. This is hopeful bullish thinking.
DentUsdt rdy for pumping againDent is good project and can reech you but need little patient
can going later move to 0.013084or more .wait little Correction and buy on Sec Entry point that is good position for buy.
GL
Supports:
0.0006841 >>> EntryPoint
0.005810 >>> Sec Entry Point
0.005091
0.004459
Resistance:
0.008340
Targets:
0.010703
0.013084
0.015995
0.021282
0.030601
mid time:
0.048512
0.061710
0.087135
have good Trade
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DENT Triple Bottom + Long resistance line Broken! We have broken the red resistance line coming from a long term from ATH. We are now going to experience a VERY random upwards push that can happen anytime in the next week, but it will be met with a lot of selling, and thus, price will be driven down.
Our goal is to buy at the retest of this red trend line!
Target is 42% rise to $0.01 by the end of the month.
DENT - Easy Set Up 🤩DENTUSDt is making nice bullish moves. We recently saw an ABC bullish correction with a breakout. Looking for further bullish momentum.
We could possibly come back to retest the ascending trendline. If we don't, look for strong bullish pressure and join in with the move.
See chart for targets.
#DENT 4h ANALYSISAnalysis of Dent currency in 4-hour chart
Analysis using characterization of motion channels, Elliott wave count
Obtaining targets with the help of channel expansion technique, using Fibonacci correction and projection and expansion and communication rules between Elliott waves
Based on the items specified in the chart, the targets are:
1- 0.01$
2- 0.0118$
Also suitable entry area:
0.0070 - 0.0077 $
Stop loss:
0.0063 $
DENT still not performing bullish action.It is been quite a while keeping consolidation. But now it seems to be supported at 0.0057 zone multiple times which is a possible factor to break down to the next support. I think the final support could be 0.005 zone and expecting a market reversal for new higher highs. Not only that but also BTC in a bearish situation. As long as altcoins follow BTC price action, this isn't a good time for long positions until BTC starts its bullish characteristics.
Happy Trading!